Post #431

🦍 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