TGINSIGHT CHAT
FEG (Feed Every Gorilla)
@FEGtoken
CryptocurrenciesThis is the announcement channel for the Verified @FEGchat Telegram for FEG Token!
Recent posts
Page 20 of 50 · 599 posts
Posted Feb 25
🦍 After much community feedback, the FEG Team has decided to begin trading once the Migration Tool is live (after the audit) & the Airdrop is completed. This will allow all holders to start trading at the same time. -Note: Please follow the progress of the Migration tool audit for time frames for Re-Launch. 🦍We have paused the Migration Tool and Trading due to its surrounding issues. - Note: The FEG received through the Migration tool can NOT be migrated, bought, sold, or transferred to another wallet. 🦍If your FEG tokens are on a CEX, please stay up-to-date with their announcements about re-activating trading, as we are working closely with them throughout this process. 🦍 We are working on Auditing the Migration Tool & distributing FEG tokens via a combination of Migration Tool use & Airdrop. 🦍 The Re-launch of FEGeth & FEGbsc: - We are exploring the option of a liquidity provider from several sources for FEGbsc. - A secondary option is to split the liquidity between the two chains for a short while as we recover the Liquidity by maximizing the LP injection tokenomics (TBD tokenomics structure). 🦍 When will FEG re-launch? - Trading will open for all users simultaneously once the Migration Tool is fully audited & the Airdrop has been distributed, giving all users a TBD fair notice before going live. 🦍Migration Tool Audit: - PeckShield has begun the Migration Tool audit as of Feb. 27th, 2023. It will take approximately 1 week for the first run-through of the code review. - We will make the necessary changes and test the migration tool functions after the initial review. - Note: The Migration Tool will only read FEG balances, Staking V1, and Staking V2 (the LP reading point of vulnerability has been removed). 🦍 Once Audited, You will need to use the Migration Tool if:: 1) You did NOT migrate & hold the original FEG token. 2) You are Staked in V1 3) You are staked in V2 🦍For those who migrated at any point, there's nothing you need to do but wait to receive FEG tokens via airdrop. - Note: Follow the pinned messages for dates of Migration & Airdrop. 🦍 Those in SmartSwap or LP will have their tokens manually distributed to them. Over the following days, announcements will be coming about further steps in the Migration Process; thank you for your patience! -FEG Team
Posted Feb 24
🦍Moving Forward We want to take a moment to acknowledge our shortcomings and express our most profound regret for the recent events that have caused significant harm and loss for our community. The FEG Team has met internally and with top-holding CEX partners and top security experts. We are committed to fixing these errors and doing everything we can to prevent similar incidents by only deploying fully audited contracts. 🦍Strategy - The Re-launch of both FEGeth & FEGbsc: Currently, we are exploring the option of a liquidity provider from several sources for FEGbsc. A secondary option is to split the liquidity between the two chains for a short while as we recover the Liquidity by maximizing the LP injection tokenomics. - We will continue our efforts to recover exploited liquidity funds as the 10% bounty has already been offered on-chain, and a dedicated team continues tracking funds. - Currently, we are working on a joint strategy to safely implement the Migration. A combination of airdrops & use of our Migration tool once fully audited is being discussed (with removing the LP portion, the point of vulnerability). - The fully audited SmartDeFi version of FEG showed the strength of the SD protocol as it was not the point of vulnerability. The team is optimistic and ready to work; CEXs are backing our plan and working with us during our Migration, & Auditors have agreed to take on auditing our migration tool at short notice! - @FEGrox, @RTRcrypto, @FEGtomi, and the rest of the dedicated FEG Team will be meeting with the community today (time TBD) We fully understand the importance of earned trust. So, we will maintain transparency throughout the recovery process and beyond as we move forward. Please don't hesitate to contact the FEG team to give any feedback or suggestions. We are grateful for your patience and understanding as we bring back FEG and SmartDeFi. -The FEG Team
Posted Feb 23
We understand that this migration has disappointed many, as it did us as well. It took a lot of courage to approach these issues head-on as @FEGBalGu did in his recent message to the community. We have been discussing with PeckShield (who did not have a hand in the migration tool, only the SD code) to help identify the root cause, and they offered their help tomorrow for the next steps. The FEG Team has been working on potential strategies moving forward, researching the wallets involved in the exploit, and offering a 10% bounty & white-hat label for the return of the LP. We will continue to explore options for recovery for the FEGbsc liquidity that are well thought out. The silver lining is that the FEG token contract, launched from the SmartDeFi Deployer, was not the point of exploit, maintaining the integrity of the protocol throughout the launch/migration. This is important for the project's future as FEGeth is tradeable and paused before being impacted as well as bringing SmartDeFi out for public use. We want to thank you for your continued patience in difficult times, please allow us the appropriate time before we make any decisions moving forward. - FEG Team
Posted Feb 23
🚨We have just been alerted of a large sale on BSC side, this is being investigated actively by the DEV team to determine if malicious or attack. Trading has been paused on FEGeth & FEGbsc We are in communication with PeckShield to find the root of this issue 10% Bounty offered to exploiter: https://bscscan.com/tx/0x9540a2b1b3745f45274a201d74c303cf72e131a90825ea5740ab3811a2edf574
Posted Feb 22
❇️Migration tool issue, explanation, & resolution Two days ago, we removed the reading of SmartSwap balance from the Migration tool as it could have been abused. This change caused an issue with the migration tool that allowed for 10x the token release to be overlooked after extensive testing. We have located the issue within the Migration tool, corrected it, and will be performing the following steps: ✅Pull liquidity on FEGbsc & FEGeth ✅Mint new FEG token ✅Add-Migration tool function to swap the current FEG tokens that were given 10x to give 10x less upon migration for their original balance. ✅We will push the LP injection tax to 4% and reduce the other areas to recover some of this LP sold off. 🚨If you know anyone that sold for more ETH or BNB than they should have with the 10x token received and would like to return that to liquidity rather than be sought after, have them DM @RTRcrypto or transfer the funds to the FEG Deployer no questions asked. ✅Note that if you sold into ETH or BNB only send 90% back as 10% was your appropriate holdings. Return BNB or ETH here: 0x3B30Bac3c331168e40FC6338BA2295A2F3adDe52 Thank you for your patience, we are working non-stop to get the token trading once again. 💪🦍❤️
Posted Feb 22
❇️Liquidity for FEGtoken on PCS & Uni will be removed at 7:30pm UTC / 2:30pm EST in preparation for the 8pm UTC migration start time! ✅Please note that FEGbot & FEGtrack prices will be down at these times as we change the back-end to read the new contract addresses. 🚨During the Migration on Feb. 22nd at 7:30pm UTC / 2:30pm EST, DO NOT trade, once completed it will be announced on official socials & TG for safe trading to begin 🚨PLEASE NOTE THAT WE PAUSED MESSAGING ON THE CHAT TO PROTECT AGAINST SCAMMERS, THE CHAT WILL RE-OPEN AT 9PM UTC / 3pm EST 🚨BEWARE OF SCAM LINKS 🚨 ✅Please only use the pinned message here for links FEGtoken.com Migrate.FEGtoken.com Tutorial: docs.fegtoken.com/migration-tutorials
Posted Feb 22
🎉FEGtoken.com Upgrade 🎉 ✅️🔥With the New Token coming we saw fit to create a new FEGtoken site! 🙏 Big thanks to @DewBo for creating this masterpiece! 🕑 Migration begins Feb. 22nd, 2023 at 8pm UTC! Migrate.fegtoken.com Please review the full Migration Update here: https://t.me/FEGchat/5559659
Posted Feb 20
Shout out to @cosbo for setting up the how-to pages on Gitbook, editing is done, and they are now live! Please take a look at the simple steps for migrating so you are ready! We are only 2 days away! https://docs.fegtoken.com/migration-tutorials 💪🦍❤️
Posted Feb 10
✳️🎉Audit Update🎉✳️ ✅️🔥The audit with PeckShield is COMPLETE! ✅️🔥The Migration Tool is COMPLETE! ✅️🔥Over the next 2 days the team will discuss the the Migration date/time to be within the next couple of weeks! Thank you for your patience! 💪🦍❤️
Posted Feb 9
✳️Audit Update✳️ While reviewing the final audit report with PeckShield, we noted one last necessary change! We have edited the code, and it's been tested, and now is under review by PeckShield! The Migration Tool is almost complete as we integrate LP and SmartSwap options. Thank you for your patience and support through this process! 💪🦍❤️
Posted Jan 31
🎉✳️Happy 2 Year Anniversary ✳️🎉 FEG has run strong for 2 solid years! Those of you who have been with us since the beginning know that we have been through so much in this short time. What an amazing journey it has been, lessons learned at every turn on so many different levels. We are incredibly excited to be rolling out an entirely NEW and FULLY AUDITED ecosystem this year! With that being said we want to thank each of you here with us today. It is the strength of this community that gives this project strength and we are forever grateful. Cheers to many more years together as we grow and adapt to this ever changing space! 💪🦍❤️
Posted Jan 26
✳️🎉Roadmap Update🎉✳️ As the SmartDeFi audit has continued into Q1, naturally there has been some adjustment to the roadmap which you can see here in the updated graphic! Here is the latest update about the ongoing audit: https://t.me/FEGchat/5495589 Thank you all for being a part of this journey! 💪🦍❤️