Fleta Weekly Report | Week 3, August 2021

The Platform for a Sustainable DApp Ecosystem, FLETA introduced Weekly Report for Week 3 of August 2021.

1. Formulator Mining/Reward and bFleta, Cherry Liquidity (2021.08.20 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 Connect, Multiple Rebalancing & Block Emission Adjustment

Fleta Connect rebalanced some pairs and pools’ multiples and adjusted the block emission rate to sustain better tokenomics. You can find more details at Fleta Connect’s website and its Docs.

✅Fleta Connect: https://www.fletaconnect.io/

✅Fleta Connect Docs: : https://fletaconnect.gitbook.io/fletaconnect/

▶ Fleta Connect, BEAR-BNB Pair Added

They have added BEAR-BNB pair in CherryPick. The users can now mine Cherry with more options.

✅Fleta Connect CherryPick: https://www.fletaconnect.io/CherryPick.html

▶ Fleta Connect partners with HoneyFarm

Fleta Connect made a partnership with HoneyFarm and added CHERRY-BNB pair in their farm.

✅HoneyFarm: https://honeyfarm.finance/farms

▶ Fleta Connect, Pool Update and New Pool Added in CherryPick

Since BNB-Belt’s multiplier is now 0.1x on PancakeSwap, Fleta Connect will delegate farm at Belt.fi. So the users in BNB-Belt pool need to move their asset to a new pool once it’s updated. The new pool’s deposit fee will be 0% for a while.

Also, there will be USDT-USDC pool added newly. The users can have more options to farm.

Both updates will be processed at 13:00 on 23rd August UTC.

✅ Fleta Connect: https://www.fletaconnect.io/

About 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-august-2021-fleta-weekly-report-82ffdce483c6