Formation Fi: Transparency Report
September 26th, 2021 UPDATE
- ALPHA Code is complete and will be ready to audit on (SEPTEMBER 30st, 2021). The Official Release of ALPHA will be disclosed after the final audit report is completed.
- Stable-Coin Rebalancing Pool is finished. We have changed the approach to cross-chain transactions — we moved from event listening to status polling + added extra layer of confirmation process. Testing will start (Week of October 3rd, 2021)
- Single Sided Staking is fully functioning (with no issues). Current Staking APR is 70%.
- V2 Farming is fully functioning (with no issues). Current Farming APR is 130%
- All LP tokens Locked in V1 FARM have been refunded to the user.
Note: There may be a few individuals who still needs to be resolved.
- Presale Investor’s Cliff opened on (September 24th).
- Introducing Velocity of Volatility and Variance (VVV):
Crash Protection For Crypto-Defi Portfolios. (Article will be released this week)
BURNED/ LOST TOKENS UPDATE:
1,000,000 $FORM Tokens (Buy-Back & Burn) from presale investors https://bscscan.com/tx/0x613a181e02ecfbf3738892da25a2668e41299ec19a1ee3b94a9181ed01514a3f
2,500,000 $FORM Tokens (Lost Via Bad Transaction)= https://etherscan.io/address/0xad9d97fc7bf0ac6dc68d478dcb3709454519b358
1,000,000 $FORM Tokens (Lost Via Bad Transaction)= https://etherscan.io/address/0xe2ee850d72d02b3D827b98847d332aDD0d3f0012
Any Questions, Please feel free to contact us!