Fleta Weekly Report | Week 1, July 2021
The Platform for a Sustainable DApp Ecosystem, FLETA introduced Weekly Report for Week 1 of July 2021.
1. Formulator and Reward (2021.07.09 10:00 KST Standard)
You can check the status from https://fportal.fleta.io/
2. Update
▶ Fleta’s DeFi Service, ‘Fleta Connect’ Official Launch
Fleta Connect is a DeFi Service built on Binance Smart Chain. It is a multi-chain DeFi service for all DeFi users and will expand to various chains such as Polygon and more. Fleta Connect provides CherryPick, Basket, etc. to users.
✅ Fleta Connect Website: https://fletaconnect.io
✅ Fleta Connect Docs: https://fletaconnect.gitbook.io/fletaconnect/
✅ Medium article: https://medium.com/fleta-first-chain/join-fleta-connect-a-multi-chain-defi-service-for-all-defi-users-5d91957b2ffe
▶ Fleta Connect Guideline
Fleta made a guideline for the users. Users can participate in Fleta Connect through the guideline.
✅ Fleta Connect Guideline: https://medium.com/fleta-first-chain/fleta-connect-how-to-use-fleta-connect-374feb45ee58
▶ Fleta Connect’s TVL, Over 1 Million
Fleta Connect’s TVL passed over 1 million and keeps increasing. It reached to 1 million less than a day.
✅Fleta Connect: https://fletaconnect.io
▶ 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. It adjusted from July 8th.
✅ Before: 15 days of unstaking period for the cancellation
✅ After: 2 days of unstaking period for the cancellation
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-1-july-2021-fleta-weekly-report-fa8709a6a9ba
