15 Oct 2019: Important Announcements about *NEW Formulator Policy*

MEVerse
MEVerse
Published in
2 min readOct 17, 2019

🌟NEW FLETA Formulator Policy🌟

Please be aware that the standard of time is based on KST.

  1. Start Date: Oct. 22nd. 2019 at 00AM KST (GMT +9)

2. Formulator Server Maintenance Fee (Monthly): Before → After
1) Alpha Formulator: 120 USD → 45 USD
2) Sigma Formulator: 350 USD → 130 USD
3) Omega Formulator: 500 USD → 170 USD

3. Change of currencies available for paying server maintenance fees
- Before: BTC
- After: BTC, FLETA

4. Payment Method
- Through FLETA Wallet (Both App/Web available)
※We will post more details before the payment deadline※

5. How your maintenance fee is estimated?
- It is based on Coinmarketcap. (https://coinmarketcap.com/)
※We will post more details before the payment deadline※

6. Payment Date
- Those who created Formulator before Oct. 22nd, have to pay maintenance fees every month on 22nd 00 AM KST in 24hours

- Those who created Formulator after Oct. 22nd, have to pay maintenance fees FIRST and you should pay the maintenance fee every month on that date.

Ex) If you created Formulator on Oct. 31st, then the next payment date is Nov.30th.
If you created Formulator on Feb. 28th, then the next payment date is Apr.28th.

7. Notice for unpaid maintenance fees
- Please keep in mind that the UNPAID of Formulator will STOP mining temporarily without unstaking or getting a block reward.

**

Feel free to join and connect with us through any of our official channels below:

Website: https://fleta.io

Twitter: https://twitter.com/fletachain

Telegram: https://t.me/FLETAofficialGroup

Github: https://github.com/fletaio

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MEVerse
MEVerse
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