Important info. re: FATExDAO epoch transition
Please note the updated section in the Green Paper (Docs) regarding the details of Epoch 2 found here:
What to expect when epoch 1 ends:
- Locked Rewards will go to 0.
- Rewards from Epoch 2 will begin to accumulate immediately.
- The team will produce a final file of all the wallets’ locked rewards from epoch 1 prior to the day of the first release and made it public in gitbook & github.
Lock Rewards Report Release:
Will be produced for all addresses holding FATE locked rewards. A draft, pre-epoch 1 ending of the locked rewards file can be found here if you wish to confirm your locked rewards.
YOUR LOCKED REWARDS FROM EPOCH 1 ARE SAVED, SAFE, AND WILL BE RELEASED AS DECIDED BY THE DAO.
- This report will allow the DAO to produce a finalized report of the current FATE supply left for rewards/CapEx/non-FATExDEX listings/institutional investors — any locked rewards obtained from Treasury activities will be returned to the DAO.
- The details of the locked rewards release for epoch 1 can be found here.
Potential details that may seem like “issues”
- Locked Rewards for Epoch 2 may seem smaller because of the new locked/unlocked rewards ratio — in the first few hours/days. This will change as the subgraph is updated (all preparations for the epoch transition have been completed).
- UI/UX references to epoch 1 —i.e. the locking of 80%-20% should be ignored — these will be fixed shortly.
- The main reason version 2 of the Dapp was delayed was due to issues with our front-end developer — we are in the process of finding a new, full-time developer (as well as several other positions) — if you’re interested and/or know of someone please email us! [email protected]
- If any “issue” occurs, as in the past, it is most likely not related to the engineering of the dex & as noted above, the DAO and its devs. keep diligent records and are very transparent with all matters.
