Fleta Weekly Report | Week 3, July 2021
The Platform for a Sustainable DApp Ecosystem, FLETA introduced Weekly Report for Week 3 of July 2021.
1. Formulator Mining/Reward and bFleta, Cherry Liquidity (2021.07.23 10:00 KST Standard)
You can see the status of Fleta formulator and bFleta, Cherry liquidity every week.
✅ Formulator: https://fportal.fleta.io/
✅ bFleta: https://pancakeswap.info/token/0xff8152f09e0fddd1ce1577ef6eba72f3a7c2e7db
✅ Cherry: https://pancakeswap.info/token/0x487770734490ac571cda3bc06067048ecc5caa4e
2. Update
▶ Fleta Token Lock-up Release
Fleta token’s lock-up release schedule has been updated. Its total supply is 2 billion and the total liquidity is 1,453,145,042 (including formulator and delegator lock-up amount). You can find the details via the link on the below.
✅ Xangle: https://xangle.io/project/FLETA/recent-disclosure/60f92e3dc58c068722a4b43d
▶ Fleta Connect Launches Vault
Fleta Connect launched its Vault service on July 21st. Vault compounds the rewards that the users get from yield farming automatically.
✅Fleta Connect Vault: https://www.fletaconnect.io/Vault.html
▶ Fleta Connect Updates
Fleta Connect had some updates for last week. Deposit fee has been reduced and the multiples have been rebalanced. Also, block emission has been changed. You can find the details on the link below.
✅ Fleta Connect Update Details: https://medium.com/fleta-first-chain/updates-on-fleta-connect-july-20th-22nd-2021-e754a15be8b8
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-3-july-2021-fleta-weekly-report-a6b42343e7ac
