Each WFCT is backed by real FCT.
If FCT shifts into Accumulate's ACME, each WFCT will be backed by the corresponding amount of ACME.
We will need some kind of bridge or exchange to burn-WFCT-release-ACME.
E.g. if qTrade supports FCT hard fork, they will list ACME...
Currently funds are being accumulated into the grant pool and mostly are not used.
In recent grant round (2021-2) there were no single grant proposal.
Yes, we can change staking rewards allocation every 3 months — increase or reduce.
Initial proposal of 10K FCT per pool per month should be...
As many of you know, Exchange Committee is working on FCT staking application.
This major discussion is to determine how much FCT will be allocated as staking rewards.
Please read carefully
We developed a prototype of staking pools using Ethereum smart contracts and Web3 dApp...
Factom Finance would be good to have, although no team (that I know) has started the development yet.
The first step, anyway, is Uniswap pool, which opens back the arbitrage for FCT against Bittrex, let the US investors to trade FCT without OTC and let the US ANOs to sell tokens easier.
FCT from previous grants were liquidated in 2020 because the mid-tier exchange, that we wanted to get listed on, asked for the listing fee in USDT. This listing never happened, so Exchange WG has this funds.
There is not a lot of "work" to launch Uniswap pool – generally, there are no coding required.
Exchange Committee member will setup segregated account, transfer funds there and start Uniswap pool – it's completely transparent process as all txs and the Ethereum account, that will be used to...
Exchange WG seeks for the non-liquidation grant to seed the liquidity into WFCT-USDC pool on Uniswap.
ANO / Committee
Group: Exchange Working Group
FCT address: FA2KfBT5kVd9PgecJmaowtLfoYwWx8pWC3SwvVAcPykigyGBsvNW
Total FCT Requested
Website Committee seeks for a grant to reimburse expenses.
We're requesting a grant for continuity of operating load-balanced Open Node hosted at factomd.net.
Hey @Niels Klomp!
Yes, I have plenty of experience in business management.
Before blockchain development and Factom, I was leading my own web development company (from 2008 to 2014) with several employees and multiple clients around the world.
I was in the board of two Russian online stores...
@Matthias Fortin firstly, thank you for kind words!
You're right that my profile is quite technical. It's great to have technical background and understanding of how things and processes work, but I would also like to develop my skills in the business management field. The protocol is certainly...
this is my application for General Seat Council position through my recently founded EU company.
I have been working in business, web and blockchain development within past 15 years.
Past 3 years, starting from February 2018 (6 months before elected as ANO), I have...
Factom needs a flexible means of anchoring to other blockchains. This should allow for Anchoring to be done by any of a set of Identities. Payments for Anchoring should be settled from the blockchain periodically.
As a part of Anchor Rework grant we post the Anchoring Requirements document here...