FNCY Coin Supply & Swap Ratio Announcement

FNCY
FNCY
Published in
2 min readNov 18, 2022

Hello everyone!
This is the ‘Fancy’est blockchain platform, FNCY.

Everything is going smooth as silk for launching the FNCY mainnet. As the launching is imminent, we are announcing the swap ratio of $ITAMCUBE : $FNCY.

The total supply has been reduced from 10 billion to 1 billion.

The 70.2% of initial supply will be allocated to previous $ITAMCUBE owners. We will conduct 1:1 swap in order to assure fairness and protect the value of the asset.

In addition, the new minting system will be added. Please refer to the below table for more details.

Supply Volume & Swap Ratio

Overview

  • Total Supply of 1,000,000,000 $FNCY
  • Max Supply of 2,000,000,000 $FNCY

(Additional issuance beyond total supply schedule at 5 $FNCY per block)

  • Total Supply reduced to 1/10 (10B -> 1B)
  • Token swap will be held in 1:1 ratio, not 10:1

The total supply of $FNCY Coin is 1 billion. The total supply has been reduced by 1/10 and all the $ITAMCUBE used in swap will be burnt.

You can find out the details about the FNCY mainnet in ‘FNCY AMA’ hosted by BNB Chain.

(*The schedule for FNCY AMA will be announced soon.)

The Swap Guide

As we announced in the previous post, $ITAMCUBE -> $FNCY swap can be done in 2 ways:

1) Automatic swap through the exchanges that supports $FNCY

  • We will update you on which exchange supports the $FNCY swap.

2) Swap through the FNCY Bridge with FNCY Wallet

*Those who hold $ITAMCUBE in their own personal wallet like Metamask are able to swap through the FNCY Bridge after 1) register at FNCY Wallet, 2) import an external wallet.

Make sure to follow our channel and don’t miss out FNCY AMA!

⭐New FNCY Channels⭐

▶️ FNCY Telegram: https://t.me/FNCY_Official
▶️️ FNCY Twitter: https://twitter.com/FNCYofficial
▶ FNCY Facebook: https://www.facebook.com/fncy.official/
▶ FNCY Youtube: https://bit.ly/3faQbQj
▶ FNCY Medium: https://medium.com/fncy

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