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FEG (Feed Every Gorilla)

Forwarded from FEGrox

🦍Moving Forward

We want to take a moment to acknowledge our shortcomings and express our most profound regret for the recent events that have caused significant harm and loss for our community.

The FEG Team has met internally and with top-holding CEX partners and top security experts. We are committed to fixing these errors and doing everything we can to prevent similar incidents by only deploying fully audited contracts.

🦍Strategy

- The Re-launch of both FEGeth & FEGbsc: Currently, we are exploring the option of a liquidity provider from several sources for FEGbsc. A secondary option is to split the liquidity between the two chains for a short while as we recover the Liquidity by maximizing the LP injection tokenomics.

- We will continue our efforts to recover exploited liquidity funds as the 10% bounty has already been offered on-chain, and a dedicated team continues tracking funds.

- Currently, we are working on a joint strategy to safely implement the Migration. A combination of airdrops & use of our Migration tool once fully audited is being discussed (with removing the LP portion, the point of vulnerability).

- The fully audited SmartDeFi version of FEG showed the strength of the SD protocol as it was not the point of vulnerability. The team is optimistic and ready to work; CEXs are backing our plan and working with us during our Migration, & Auditors have agreed to take on auditing our migration tool at short notice!

- @FEGrox, @RTRcrypto, @FEGtomi, and the rest of the dedicated FEG Team will be meeting with the community today (time TBD)

We fully understand the importance of earned trust. So, we will maintain transparency throughout the recovery process and beyond as we move forward. Please don't hesitate to contact the FEG team to give any feedback or suggestions.

We are grateful for your patience and understanding as we bring back FEG and SmartDeFi.

-The FEG Team

www.tg-me.com/us/FEG Feed Every Gorilla /com.fegtoken/430

11.8K viewsFeb 24, 2023 at 18:32

tg-me.com/fegtoken/430

Create: 2023-02-24
Last Update: 2025-07-05 12:48:40

🦍Moving Forward

We want to take a moment to acknowledge our shortcomings and express our most profound regret for the recent events that have caused significant harm and loss for our community.

The FEG Team has met internally and with top-holding CEX partners and top security experts. We are committed to fixing these errors and doing everything we can to prevent similar incidents by only deploying fully audited contracts.

🦍Strategy

- The Re-launch of both FEGeth & FEGbsc: Currently, we are exploring the option of a liquidity provider from several sources for FEGbsc. A secondary option is to split the liquidity between the two chains for a short while as we recover the Liquidity by maximizing the LP injection tokenomics.

- We will continue our efforts to recover exploited liquidity funds as the 10% bounty has already been offered on-chain, and a dedicated team continues tracking funds.

- Currently, we are working on a joint strategy to safely implement the Migration. A combination of airdrops & use of our Migration tool once fully audited is being discussed (with removing the LP portion, the point of vulnerability).

- The fully audited SmartDeFi version of FEG showed the strength of the SD protocol as it was not the point of vulnerability. The team is optimistic and ready to work; CEXs are backing our plan and working with us during our Migration, & Auditors have agreed to take on auditing our migration tool at short notice!

- @FEGrox, @RTRcrypto, @FEGtomi, and the rest of the dedicated FEG Team will be meeting with the community today (time TBD)

We fully understand the importance of earned trust. So, we will maintain transparency throughout the recovery process and beyond as we move forward. Please don't hesitate to contact the FEG team to give any feedback or suggestions.

We are grateful for your patience and understanding as we bring back FEG and SmartDeFi.

-The FEG Team

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Date: 2025-07-05| FEG Feed Every Gorilla

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