FATExDAO Epoch 2 Update

FATExDAO
2 min readDec 23, 2021

Tokonomics — Unlocked Rewards Release

The following are updates following the approval vote for a hybrid change to the tokenomics & epoch 1 rewards release.

shout out to @BansiKetki

Tokenomics Update:

Until v2 is implemented the following tokenomics will be used:

  • Reduction of rewards multiple x18.88 immediately. (This may be raised and/or reduced depending on demand/supply)
  • Rewards will rise 1.014367218%

When v2 is implemented we will re-evaluate and propose what to do with the rewards. v2 is being worked on (there was a delay due to the developer we hired — we are currently hiring a team of 2–4 in-house devs to finish v2 and continue upgrading the dex/dapp and meeting with 3rd-party blockchain development firms for larger projects.

Epoch 1 Locked Rewards Release Update:

  • Reminder — your rewards have not disappeared — the epoch ended & info to find them can be found below and has been provided in the docs & prior postings.
  • The release of locked rewards from epoch 1 has been extended.
  • Please find details and a link to the total amount of rewards you have accumulated in this section of our documentation:

If you have locked rewards the total amount you accumulated can be found HERE.

(note: this is the total amount — not what is left)

More info regarding dex/dapp strategy & additional updates will be provided in the near future using the same method of delivery.

HAPPY HOLIDAYS & NEW YEAR!

--

--

FATExDAO

FATEXDAO.io is a Neo #DeFi DAO FinTech enterprise, focused on large-scale DLT/tokenization, ESG/CSR bank-grade solutions: FATExFi — FxD.