Purpose
FGS Exchange was created for private sale investors to be able to redeem vested tokens, this was an advancement from our first token platform, offering automated redemption.
We decided then to add a staking feature this gave existing token holders the option to claim and stake tokens. A vast majority of investors staked their tokens as even without the updated Whitepaper and FGS Exchange home page updates they could see the quality in the project.
The platform also gives new token holders the option to buy and vest or buy and stake at token purchase. We wanted to add this feature as it catered for the trader and the long term investor.
As we've made changes to the tokenomics, the buy and vest feature has less benefit as you'll lose voting, rebate and treasury rights. Still an option though we'll make sure this is made clear to investors at purchase and the disadvantages of selling.
Last modified 11mo ago