FLETA Weekly Report | Week 4, June 2021

The Platform for a Sustainable DApp Ecosystem, FLETA introduced Weekly Report for Week 4 of June 2021.

1. Formulator and Reward (2021.06.25 10:00 KST Standard)

You can check the status from https://fportal.fleta.io/

2. Update

▶ Fleta Mining Policy Change

The Fleta Formulator and Delegator, which required 15 days of unstaking period for the cancellation, will be reduced to 2 days.

✅ Before: 15 days of unstaking period for the cancellation

✅ After: 2 days of unstaking period for the cancellation

✅ Start Date: 8th July (Starting on 26th June, the unlock period will be reduced day by day)

▶ Fleta Gateway Supports Polygon Network

Fleta’s Gateway now supports Polygon network following Ethererum, Tomochain and Binance Smart Chains.

Polygon is a protocol and a framework for building and connecting Ethererum-compatible blockchain networks. It is an aggregating scalable solution on Ethereum supporting a multi-chain Ethereum ecosystem. Polygon runs a parallel network or side chain on the Ethereum mainnet and provides a fast and low-cost environment.

Users can now swap Fleta token to Polygon-based Fleta token by using Fleta Wallet.

• pFleta Contract address : 0xff8152f09e0fddd1ce1577ef6eba72f3a7c2e7db
• Article link: https://medium.com/fleta-first-chain/fletas-gateway-supports-polygon-chain-42ba174d969b

3. Others

▶ Article Uploaded

The article is about ‘the Swaps in DEXs on the Rise’. It is uploaded on our Technology section.

https://medium.com/fleta-first-chain/swaps-in-dexs-on-the-rise-fcac557452b4

4. Fleta’s First Onboarding DApp, Handy

▶ Vietnamese Creator Marketing

What is FLETA?

FLETA is a blockchain platform that aims to offer infrastructure that can be applied to real-world business models. FLETA has its own core blockchain technologies like Level Tree Validation, Parallel Sharding, Independent multi-chain Structure, Block Redesign, and PoF(Proof-of-Formulation) which is its own consensus algorithm. With them, it aims to solve the problems that existing platforms have such as slow speeds, scalability limitations and excessive fees, and provide a flexible development environment. Moreover, its Gateway technology improved its interoperability by allowing projects issuing their tokens through other mainnets to maintain their mainnets while using the FLETA chain.

📰 INFO:

https://medium.com/fleta-first-chain/week-4-june-2021-fleta-weekly-report-ba056f730a81