NFTeGG and BSC in 2021
Looks like we found our new home…
Dear eFAME friends,
today we would like to present you our “roadmap” for our ecosystem, which has unfortunately slipped back a bit due to various influences, but is still our main goal. Today we would like to give you an outlook of the process.
Due to some changes in the team and the freezing of liquidity, we were unfortunately not able to act earlier and the existing capacities were and are currently needed for the operation and smooth running of the future move.
As already announced, staking will continue to run normally until April 30, after which we will start to “shut down” the individual services and gradually dismantle the ecosystem in the ETH network, and on May 31 to take down the eFAME / ETH Pair on Uniswap from the network.
According to our current status, we will move to the Binance Smart Chain, as this network is the best alternative.
Due to the full functionality as well as the low fee structure, we currently see no comparable network where we could reasonably switch.
Our goal is to launch on June 13th with a new ecosystem on Binance Smart Chain and a new pair eFAME / BSC on Pancakeswap.
Process of the move
- All NFTeGG’s that currently exist will be snapshotted and moved 1:1 to the Binance Smart Chain. No matter if the NFT is in the wallet or in the farm, the owner will get it credited 1:1 on the new chain.
- eFAME as well as Staking Rewards will not be copied or captured.
Each Staker should have retrieved their Reward and convert it to ETH via Uniswap by May 31, before the pair is closed on May 31. - From June 13, the new farm will be launched on the Binance Smart Chain, as well as the already new built features with in the contracts.
Since we see no real future for the use of NFT’s through the fees structure in the ETH network this step is unfortunately necessary and long overdue.
But due to the lack of sales and the freezing of liquidity was or is no early action was possible for us except to use available resources to maintain the existing structure.