Mainnet Upgrade Complete Announcement

FNCY
FNCY
Published in
2 min readMar 7, 2023

Hello, This is FNCY.

The mainnet upgrade that started from 2023-03-06 00:00 AM UTC was completed at 2023–03–07 11:00 AM UTC at the block height 4,520,510.

Thank you all for your support for FNCY mainnet.

The major changes made after the FNCY 2.0 upgrade are following:

Upgrade Summary (FNCY 2.0)

1. Tokenomics

This upgrade is to limit further minting of the FNCY coin starting from mainnet official launch. The total minted amount is set to 1 billion during the chain lifespan.

Also, this upgrade allows the mainnet to change the gas fee through governance according to the coin market price to better service the users.

2. Governance

The quantity of 5 mined per block will be automatically distributed according to the pre-planned token economy, and the transaction gas fee will be sent to the wallet of a specific foundation.

3. Contract Size

Contract size limit is now upgraded from 24k to 48k. This will allow FNCY chain to deploy more complicated smart contract, boosting the ecosystem.

The deposit/withdrawal of the FNCY-listed exchanges will open according to their schedule. Please check the deposit/withdrawal schedule of each exchange.

■ MEXC
:
https://support.mexc.com/hc/en-001/articles/16101181538457

■ Coinone
: https://coinone.co.kr/info/notice/2081

■ Gate.io
:
https://www.gate.xyz/article/29842

We at FNCY will continue our hard work for creating a better blockchain entertainment ecosystem.

Thank you.

⭐New FNCY Channels⭐
▶️ FNCY Discord: https://discord.gg/fncy
▶️ 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

⭐FNCY App Download⭐
FNCY App for Android
FNCY App for iOS

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