FLETA Formulator Portal is updated and it is accessible from 30 July, 11:00 KST! As it has been updated, there are new changes that should be introduced:

1. Automatic Upgrade of Sigma Formulators

4 Alpha Formulators have been upgraded automatically to a single Sigma Formulator. However, if you cancel upgraded Sigma Formulators, you need an additional 15 days to complete the cancellation. Also, if you create 4 new Alpha Formulators afterward, it takes a month to upgrade them to a new Sigma Formulator.

2. Changing Formulator to Delegator or Delegator to Formulator

It takes 15 days to complete cancellation of Formulators or Delegators. You can create new Formulators and Delegators after the cancellation is fully completed.

(You cannot get block rewards during 15 days of cancellation period)

3. Changing Validator

When you change your Validator, you also need 15 days of the cancellation period. You can select new Validators after your Validator cancellation is completed.

(You cannot get block rewards during 15 days of cancellation period)

However, if you have selected ‘Other’ on the Validator selection tab and did not choose any Validator since then, you can once select a Validator without the cancellation period.

4. Additional delegation

Previously, you could delegate your tokens through a given address. However, after the Formulator Portal update, ERC-20 token deposit address for delegation will be changed. You are able to deposit ERC FLETA for the delegation from 1 August.

You can delegate your mining rewards on the delegation registration page (https://f_portal.fleta.io/register_delegation/). You need an additional 0.1 FLETA as a transaction fee.

5. Exclusive Mining

To offer exclusive mining for the ones who have created Formulators during the pre-registration period, creation of new Formulators is limited. Formulators can be created after 24 August, when 5,184,000th block is expected to be created.

(The date may be changed according to the time of 5,184,000th block creation)

6. Withdrawal of Mining Rewards

For high-level security, locked up tokens are in cold storage. Therefore, withdrawal is available only once a day. You can see and withdraw your mining rewards after 24 hours of mining. For example, block rewards for 3 August can be seen and withdrawn on 4 August.

Go to Formulator Portal(https://f_portal.fleta.io/) and check your mining rewards!

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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