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
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
Telegram
Bal Gu in FEG Token Chat
First, I want to come to the community and apologize for the incidences that impacted FEG Token and its holders due to the migration tool I built.
I built the migration tool with the best intentions and to the best of my ability, and I never meant for this…
I built the migration tool with the best intentions and to the best of my ability, and I never meant for this…
Forwarded from FEGrox
🦍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
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
-Note: Please follow the progress of the Migration tool audit for time frames for Re-Launch.
- Note: The FEG received through the Migration tool can NOT be migrated, bought, sold, or transferred to another wallet.
- 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).
- 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.
- 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).
1) You did NOT migrate & hold the original FEG token.
2) You are Staked in V1
3) You are staked in V2
- Note: Follow the pinned messages for dates of Migration & Airdrop.
Over the following days, announcements will be coming about further steps in the Migration Process; thank you for your patience!
-FEG Team
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- 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
- Trading will open for all users simultaneously once the Migration Tool is fully audited & the Airdrop has been distributed.
- Note: A TBD notice before going live will be sent out via all official channels, this is to promote fairness with the launch.
- FEG Team
💪🦍❤️
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- After the initial review, we will make the necessary changes and test the migration tool functions.
- Note: Communication between the FEG DEV team & PeckShield is ongoing as they review the migration tool contract and the interaction of the Staking Contracts with it.
- Trading will open for all users simultaneously once the Migration Tool is fully audited & the Airdrop has been distributed.
- Note: A TBD notice before going live will be sent out via all official channels to promote fairness with the launch.
- FEG Team
💪🦍❤️
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- This loan will be paid back as 200 ETH (The form it was given in).
- A flat rate fee of 50k USD is to be paid to the LP provider for this loan.
- Repayment will be done through the LP Injection Tax over 6 months until paid in full (200 ETH + 50k).
🦍 Stay tuned for more information as the migration tool audit will be completed soon!
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-Note: The public repo of this audit will be shared at a later date as it contains snippets of the code.
- Trading will open for all users simultaneously once the Migration Tool has been fully tested & the Airdrop has been distributed.
- Note: Info. on who will use the Migration tool & who will receive the airdrop is here:
https://docs.fegtoken.com/migration-info.-and-tutorials/who-will-migrate-vs.-airdrop
- FEG Team
💪🦍❤️
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FEG Migration Progress Report (March 8, 2023)
🚨 PLEASE BE AWARE! The FEG Migration is not online yet! Stay vigilant, and do not fall for scams on all social channels. No one on the FEG Team will request money or ask you for wallet recovery phrases. 🚨
Great news! The FEG Migration Tool has been fully audited by PeckShield and tested.
At this time, the FEG Team has focused all efforts on reviewing the on-chain data for airdrops to users that already utilized the FEG Migration Tool. This will help us move forward with absolute care to relaunch the tool.
👉ℹ️ Information on who will need to use the FEG Migration Tool, and who will receive the airdrop can be found HERE.
Please continue to be patient with centralized exchanges (CEXs) that have FEG listed on their exchanges. This includes, but is not limited to, Gate.io, Hotbit, and XT—just to name a few. The teams are waiting for the airdrop data to be finalized on our side.
We are humbled to have an incredibly strong and supportive community. No Gorilla will be left behind. The FEG Team will continue to release updates to the community via official announcement channels.
- The FEG Team
💪🦍❤️
🚨 PLEASE BE AWARE! The FEG Migration is not online yet! Stay vigilant, and do not fall for scams on all social channels. No one on the FEG Team will request money or ask you for wallet recovery phrases. 🚨
Great news! The FEG Migration Tool has been fully audited by PeckShield and tested.
At this time, the FEG Team has focused all efforts on reviewing the on-chain data for airdrops to users that already utilized the FEG Migration Tool. This will help us move forward with absolute care to relaunch the tool.
👉ℹ️ Information on who will need to use the FEG Migration Tool, and who will receive the airdrop can be found HERE.
Please continue to be patient with centralized exchanges (CEXs) that have FEG listed on their exchanges. This includes, but is not limited to, Gate.io, Hotbit, and XT—just to name a few. The teams are waiting for the airdrop data to be finalized on our side.
We are humbled to have an incredibly strong and supportive community. No Gorilla will be left behind. The FEG Team will continue to release updates to the community via official announcement channels.
- The FEG Team
💪🦍❤️
Since we experienced the issue with the Migration Tool on Feb. 22nd/23rd, the team has been working relentlessly to reactivate trading!
We want to share with you all that we've completed over the last 2 weeks and continue to work on:
✅ Securing a 200ETH loan for FEGbsc Liquidity!
✅ Completion of the Migration tool audit by PeckShield and thoroughly testing it!
✅ We have continued efforts with on-chain data collection and manual review of tens of thousands of transactions between FEGeth & FEGbsc for the coming Migration. This Migration will be partially manual & automated (as requested by many in the community).
This is NOT an ordinary airdrop because it is NOT only from token to token.
One each for FEGeth & FEGbsc:
- Staking V1
- Staking V2
- Liquidity Providers
- SmartSwap
Thank you for being so patient as we work hard to make up for this shortcoming and bring FEG back to all of you!
Tomorrow after a full day of data analysis, we will put out another announcement with a timeline for Migration.
- The FEG Team
💪🦍❤️
🚨 The FEG Migration is yet to be online! No FEG Team member will request money or ask you for wallet recovery phrases. Stay vigilant, and do not fall for scams on all social channels. 🚨
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We will make daily progress announcements!
- Note: Info. on who will use the Migration tool & who will receive the airdrop is here.
Thank you again for your patience; it means very much to us!
- The FEG Team
💪🦍❤️
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@FEGrox made an improvement to SmartLending for RFI tokens launched from SmartDeFi. He ran this suggestion by PeckShield who agreed and both he and PeckShield did another once over of the entire SmartDeFi contract today (13/03/2023).
We are in constant communication with CEXs who will receive their tokens in preparation for Migration!
We will begin sending airdrops to holders throughout the week in batches, starting with FEGeth as we finalize reviewing FEGbsc data (5x the transactions, so it takes a bit more time)!
The Team understands the difficulty in waiting, we are doing our best to be as swift as possible while maintaining the integrity of the data analysis.
The migration tool has been fully audited and tested since the completion of the audit by PeckShield!
- Note: Info. on who will use the Migration tool & who will receive the airdrop is here.
We will continue to make daily progress announcements!
Thank you again for your patience; it means very much to us!
- The FEG Team
💪🦍❤️
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FEG has received the 200 ETH loan from the liquidity provider!
The 200 ETH was converted into 1,086 BNB, ready for FEGbsc Liquidity!
For full transparency, all of the transactions may be seen here:
https://docs.fegtoken.com/liquidity-loan-secured
There will be another announcement later today regarding the airdrop progress!
- The FEG Team
💪🦍❤️
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docs.feg.io
Liquidity Loan | FEG Token
We have begun coordination with CEXs, who will need a 24 to 48 hour window of time to set up trading on their end once the airdrops are complete.
Once the airdrops are complete, we will open the fully audited Migration Tool while CEXs are preparing trading, and before trading is live on Uni or PCS.
- Note: Information on who will use the Migration tool & who will receive the airdrop is here.
We will continue to make progress announcements as it is completed!
Thank you again for your patience; it means very much to us!
- The FEG Team
💪🦍❤️
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We are beginning the FEGeth airdrops in batches, followed by verifications for each set as they go out. This is a timely process, so we'd like to ask you to please be patient as we finalize the process on FEGeth, followed by FEGbsc.
Some holders who held in wallets and staking, for example, are on separate airdrop lists, please wait until we have announced completion before saying you've received an incorrect amount.
Please be aware that the token trading is off, so you cannot transfer the tokens once you receive them.
🚨Double Check the token Contract Address: DO NOT be fooled by malicious tokens, and DO NOT approve them for trading!
📃FEGeth & FEGbsc Contract Address:
0xbededDf2eF49E87037c4fb2cA34d1FF3D3992A11
Please be aware that in the data analysis, we covered issues where users got more tokens than they should have, sold, transferred, etc., and this was accounted for/corrected.
We have begun coordination with CEXs, who will need a 24 to 48-hour window of time to set up trading on their end once the airdrops are complete.
Once the airdrops are complete, we will open the fully audited Migration Tool while CEXs prepare trading before trading goes live on Uni or PCS.
- Note: Information on who will use the Migration tool & who will receive the airdrop is here.
Thank you again for your patience; it means very much to us!
- The FEG Team
💪🦍❤️
🚨 The FEG Migration will be live later! Stay vigilant, and do not fall for scams!
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The Team has completed the FEGeth airdrops and verified the amounts were done correctly!
We will rest tonight and then begin the much larger FEGbsc airdrop!
Some holders who held FEG in wallets and staking, for example, are on separate airdrop lists; please wait until we have announced completion before saying you've received an incorrect amount.
Please be aware that the token trading is off, so you cannot transfer the tokens once you receive them.
🚨Double Check the token Contract Address: DO NOT be fooled by malicious tokens, and DO NOT approve them for trading!
📃FEGeth & FEGbsc Contract Address:
0xbededDf2eF49E87037c4fb2cA34d1FF3D3992A11Please be aware that in the data analysis, we covered issues where users got more tokens than they should have, sold, transferred, etc., and this was accounted for/corrected.
We have begun coordination with CEXs, who will need a 24 to 48-hour window to set up trading on their end once the airdrops are complete.
Once the airdrops are complete, we will open the fully audited Migration Tool while CEXs prepare trading before trading goes live on Uni or PCS.
- Note: Information on who will use the Migration tool & who will receive the airdrop is here.
Thank you again for your patience; it means very much to us!
- The FEG Team
💪🦍❤️
🚨 The FEG Migration will be live later! Stay vigilant, and do not fall for scams!
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The Team has completed airdrops for both FEGeth & FEGbsc and verified the amounts sent in batches were correct!
-Note: If you were actively trading in V3, there are about 100 or so wallets that are under review still and will be finalized tomorrow.
Please be aware that the token trading is off, so you cannot transfer the tokens once you receive them until trading goes live.
📃FEGeth & FEGbsc Contract Address:
0xbededDf2eF49E87037c4fb2cA34d1FF3D3992A11
The Team is coordinating with CEXs, who will need a 24 to 48-hour window to set up trading on their end now that airdrops are complete!We will run a once-over test review of the fully audited Migration Tool while CEXs prepare to trade and open it for manual migration before trading goes live.
- Note: Information on who will use the Migration tool & who has received the airdrop is here.
We also encourage you to review the new Tokenomics as we proceed, generating funds for the Liquidity Loan.
Thank you again for your patience; it means very much to us!
- The FEG Team
💪🦍❤️
🚨 The FEG Migration will be live later! Stay vigilant, and do not fall for scams!
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🎉 Migration Tool LIVE!
Now that testing has been completed by the team and FEGrox, the Migration Tool is live at: Migrate.FEGtoken.com
The Migration tool will be loaded with 2B FEG tokens for FEGeth & FEGbsc at first and loaded as it empties to provide an extra layer of security.
- Note: Information on who will use the Migration tool & who has received the airdrop is here.
The Liquidity has been removed from the FEG V3 trading pairs and can be seen in the following transactions:
LP removal of FEGeth
LP removal of FEGbsc
This LP will be moved to Uni & PCS for liquidity preparation, allowing the DEVs to begin work on services such as FEGtrack & FEGcharts.
- Note: These transactions will be public as well.
50 Billion FEGeth Burnt
50 Billion FEGbsc Burnt
Trading will become active once we finalize the date/time with CEXs.
LP Loan information for FEGbsc
📃FEGeth & FEGbsc Contract Address:
0xbededDf2eF49E87037c4fb2cA34d1FF3D3992A11
We will also place a submission for the FEG LOGO in wallet applications.
- The FEG Team
💪🦍❤️
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docs.feg.io
Liquidity Loan | FEG Token
FEG trading will begin on Uniswap, PCS, & Gate.io in 24 hours at:
-Note: Gate has distributed tokens to holders, please review your balance and contact their support if you have an issue.
Times by Zone:
March 21st, 1000 GMT+8
March 21st, 0200 UTC
March 20th, 2200 EST
🎉 Migration Tool & Liquidity Updates may be seen here:
https://www.tg-me.com/FEGchat/5645238
https://www.tg-me.com/FEGchat/5645687
📃FEGeth & FEGbsc Contract Address:
0xbededDf2eF49E87037c4fb2cA34d1FF3D3992A11
Thank you again for your patience; it means very much to us!- The FEG Team
💪🦍❤️
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Gate.io
Gate.io Completed FEG Token Contract Migration
We have sent out the reimbursements for users that were actively trading in previous migration attempts.
BNB 1
BNB 2
BNB 3
BNB 4
BNB 5
FEG Refund
If you have SmartSwap or LP funds, an announcement will go out this week directing you to the app and instructions for migration.
FEG trading will begin on Uniswap, PCS, & Gate.io at:
March 21st, 1000 GMT+8
March 21st, 0200 UTC
March 20th, 2200 EST
🎉 Migration Tool & Liquidity Updates may be seen here:
🎉Migration Tool Trouble Shooting!
🚨Double Check the token Contract Address: DO NOT be fooled by malicious tokens, and DO NOT approve them for trading!
📃FEGeth & FEGbsc Contract Address:
0xbededDf2eF49E87037c4fb2cA34d1FF3D3992A11Thank you again for your patience; it means very much to us!
- The FEG Team
💪🦍❤️
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BNB Smart Chain Explorer
BNB Smart Chain Transaction Hash (Txhash) Details | BscScan
Binance (BNB) detailed transaction info for txhash 0x773d88d9ce3feaf96148f5c12030eec245f8c67f39c188ad47ff27d5e65bae0a. The transaction status, block confirmation, gas fee, Binance, and token transfer are shown.
FEG/ETH Liquidity on Uniswap
FEG/BNB Liquidity on PCS
FEG trading will begin on Uniswap, PCS, & Gate.io at:
March 21st, 1000 GMT+8
March 21st, 0200 UTC
March 20th, 2200 EST
🚨Double Check the token Contract Address: DO NOT be fooled by malicious tokens, and DO NOT approve them for trading!
📃FEGeth & FEGbsc Contract Address:
0xbededDf2eF49E87037c4fb2cA34d1FF3D3992A11Thank you again for your patience; it means very much to us!
- The FEG Team
💪🦍❤️
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Ethereum (ETH) Blockchain Explorer
Ethereum Transaction Hash (Txhash) Details | Etherscan
Ethereum (ETH) detailed transaction info for txhash 0x0427e8ed121db6216351cf632961511f8d211d417bed1be1b98272c3eb3763bd. The transaction status, block confirmation, gas fee, Ether (ETH), and token transfer are shown.