Hello FireToken community,
We are pleased to announce that our new smart contract swap will be ready sometime tomorrow. Staking reward will be removed from site and system, replaced by community voting incentive.
The voting incentive amount is calculated based on the amount of voting points each member uses on our weekly polls. All voting members are qualified for reward. The reward is given in FireTokens.
Exchange listings will be enable, so any erc20 based decentralized exchanges may be used to trade our tokens. Our partner exchanges will also be listing our tokens when they launch.
FireToken privacy network is projected to take approximately 3 weeks period, although given our own current track record, let's call it more than a month with the high possibility of exceeding deadline. FireToken will be the first decentralized ERC20 token to be able to utilize the high trading volume, ease of use, listing and exchanges plus able to transfer privately through our enclosed network.
With FireToken network, you will be able to trade using our bots, communicate trading strategies with our community, vote on our group concensus signals, buy unique FireToken services, and transfer funding privately, all under the same umbrella of FireToken network.
We will continue our innovation, and normal operation will resume after the current delays. We want to thanks our partners who are lending their assistance to us, we are very touched and are grateful to have you as our partners. We will always do our best for our community, and we ask that you stand by us just as you are now, so that we can continue to support each others and grow our network in the days to come. Thank you.
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\these are all great updates. We have been waiting for quite a while for you to get listed.
The staking rewards are what got me to buy into firetoken, how will the incentives match up.
\i get the voting part but i dont participate in other alt coins. \i just buy and hold trade.
Now it sounds like you guys want us to work for our rewards?
\and it doesnt sound like it will be as lucrative as before right?
\im actually ok with that, but when will the exchange happen? \alot of us have been patiently waiting for a while already....
What is this firetoken privacy going to do for us?
\im a loyal investor, i dont want to sound like im gonna dump my tokens but we have all been waiting for this update for a while.
We want to promote voting within our community, while still giving the most back to our community. Our system would be considered a decentralized hedge fund community. The votes determine the direction of our investment choices. The reward is based on the community weekly performance. Voting incentive would be a fair method to incentivize participating members for their voluntarily submitted data.
Exchange listing is in its finalizing stage, a few structure adjustments are required in order to meet exchanges listing requirement. We understand that our members are anxiously waiting to trade our tokens, and we would like to push out as much products and services as possible to provide a solid pri e support for our tokens.
Members can take full advantage of FireToken's ecosystem and utility. With every new release, we add more use to our tokens. The more uses, the more real demand productivity we can generate for our economy and our tokens value.
FireToken's privacy network acts as a firewall to protect our privacy oriented members from unwanted attention. The network exists side by side with our standard ERC20 tokens, eliminating the price volatility often experienced when switching to a privacy only coins from the main coins. This network allows our members to send and receive their fund between each others privately, while take full advantage of ERC20 ease of use and decentralized exchanges volume. Only our ERC20 tokens will be listed on the exchanges, the privacy network runs on smart contract and do not requires fund management. Mining pools and holders can help with the transactions verification process through network of masternode and staking wallets. (PoS)