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📣December 2021 & Q1 2022 Schedule Announcement

✅ December 2021 Schedule

1. Mining ecosystem updates

1.1. Creation of Formulator (24th Dec at 08:00 GMT Friday)

- Users who have over 200k Fleta can create an Alpha Formulator through Fleta Account.

1.2. Validator & Delegation (24th Dec at 08:00 GMT Friday)

- All of the Validator & Delegation services will be closed. Those who delegated Fleta to Validators can view their amount of Fleta on the Fleta account after two days(48 hours) of the unstaking period. This new mining policy is due to the Fleta Mainnet 2.0 updates and aims to distribute the high mining reward of Validator Nodes(Hyper Formulators) to the general Formulators.

2. Fleta Connect’s integration with Klaytn

- Fleta Connect plans to support the vault service by utilizing Klayswap LP tokens. Also, it will expand its ecosystem to various Klaytn-based Dex.

✅ Main plans in Q1 2022

1. Fleta Mainnet 2.0 Update

2. Fleta Explorer 2.0 Update

3. Fleta Account 2.0 Update

-Fleta Mainnet 2.0 Update, initially planned in Q4, 2021, was postponed to Q1 2022. The update is not just changing the chain code but an overall update of the mainnet ecosystem, including Fleta Explorer and Fleta Account. Therefore, enough test was necessary, and the 2.0 update was inevitably delayed.

-Fleta Mainnet 2.0 Update will be changed as follows:

1) Tradable Formulator

Users can participate in Fleta mining through the NFT node that verifies ownership of Formulator Node. Also, they can trade the NFT node on a P2P NFT marketplace.

2) TPS(Transaction per Second) Improvement

With an 8-core 3.8GHz CPU, the chain’s TPS will be increased about 28%, from an average of 7,000TPS to 9,000TPS.

3) DApp Onboarding

Various DApp tokens based on FRC will be onboarded on the Fleta chain and participate in the Fleta ecosystem.

We appreciate your support, and please look forward to our updates.

Thank you.

***

About Fleta

Fleta is a blockchain platform that aims to offer infrastructure that can be applied to real-world business models. Fleta has its own core blockchain technologies like Level Tree Validation, Parallel Sharding, Independent multi-chain Structure, Block Redesign, and PoF(Proof-of-Formulation) which is its own consensus algorithm. With them, it aims to solve the problems that existing platforms have such as slow speeds, scalability limitations and excessive fees, and provide a flexible development environment. Moreover, its Gateway technology improved its interoperability by allowing projects issuing their tokens through other mainnets to maintain their mainnets while using the Fleta chain. Fleta currently offers various blockchain-based services, such as Fleta Connect, a multichain DeFi service, and Fleta Converter, a cross-chain bridge.

***

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

Website: https://fleta.io

FLETA Store: https://fleta.ogn.app/#/

Twitter: https://twitter.com/fletachain

Telegram: https://t.me/FLETAofficialGroup

Github: https://github.com/fletaio

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Optimum Blockchain Metaverse Entertainment Platform

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