New bridged $FIEF on Avalanche
New bridged $FIEF on Avalanche, The new FIEF will be bridged to Avalanche and dropped 1:1 to old FIEF holders on August 17, 2022 at 1pm EST/10am PST.
This newly bridged FIEF will continue to support IGM distributions, Fief Marketplace payments, and other forthcoming protocols.New bridged $FIEF on Avalanche
The Great FIEF Migration
Starting this August, they are taking steps to migrate the Fief token (FIEF) to become a native ERC-20 on Ethereum, which will serve as their primary value settlement layer moving forward. The FIEF move will cause little disruption to Avalanche token users.
FIEF is the main utility token for all Fief platform operations, such as the payment option in the Fief Marketplace.
About Fief
Fief is creating public, widely accessible protocols that bridge decentralized finance with the metaverse. Fief is creating public, widely accessible protocols that bridge decentralized finance with the metaverse. The economic guild Fief is the first of its kind in the metaverse, and its goal is to decentralize gaming mechanics.
About Avalanche
By calculating the shortest time to finality, Avalanche is the blockchain industry’s quickest smart contracts platform. Avalanche is blazingly fast, low cost, and green. Any smart contract-enabled application can outperform its competition by deploying on Avalanche.
SOURCE:
https://medium.com/fief/the-great-fief-migration-6cca16b33995
