The Platform for a Sustainable DApp Ecosystem, FLETA introduced Weekly Report for Week 3 of November 2021.
🔹1. Formulator Mining/Reward and bFleta, pFleta, Cherry & pCherry Liquidity (04:00 PM 11.19.2021 KST Standard)
You can see the status of Fleta formulator and bFleta, pFleta, Cherry & pCherry liquidity every week.
▶ Fleta Connect, Block Emission Adjustment
Fleta Connect adjusted the block emission as above for better tokenomics. You can see details for each network at Fleta Connect docs.
✅ Fleta Connect Tokenomics: https://fletaconnect.gitbook.io/fletaconnect/tokenomics/ff
✅ Fleta Connect Basket: https://www.fletaconnect.io/Basket.html
▶ Fleta Connect Utilizes Its Funds in DeFi Ecosystem
Fleta Connect participated in $PORTO IFO at PancakeSwap with our $CAKE on 16th November. Fleta Connect is building advanced tokenomics and expanding its DeFi ecosystem by utilizing its own fund.
✅Fleta Connect Governance: https://fletaconnect.gitbook.io/fletaconnect/governance
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.