fsn-dev
Give a different name to Time locked tokens to make them easier to spot.
Renaming suggestion for time locked tokens. In order to clearly distinguish time locked backend FSN time locked frontend FSN and regular FSN I would suggest calling them different things and clearly listing what each is capable of. Would also suggest splitting them into different token categories on the swap market.
FSN Can be sent to exchanges Can be split into FFSN and BFSN between two wallets Can be traded on Swap market Can be sent between wallets
FFSN (time locked frontend FSN) The start time of the time lock of FFSN can be in the past, right now, or it can be in the future. The end time is in the future, but not at infinity Is lost at the end of the time-lock If start time of time-lock is not in the future 5000 FFSN and the end time is more than 30 days away it can be staked to run a node and purchase tickets to receive rewards as signing node Can be traded on Swap market Can be sent to a staking pool, which promises to distribute staking rewards Can be used to convert BFSN into FSN if the time lock ends at the same time or after the time connected to the BFSN Can be sent between wallets, but not accepted by exchanges As FFSN will eventually disappear a holder of FFSN should not be regarded as a holder of FSN
BFSN (Backend time locked FSN) The start time of the time lock of BFSN is in the future and the end time of the time lock in is at infinity. Is converted to FSN at the start time of the timelock Can be traded on Swap market Can be converted into FSN by use of FFSN if the time lock ends at the same time or after the time connected to the BFSN Can be sent between wallets, but not accepted by exchanges As BFSN will eventually become FSN a holder of BFSN should be regarded as a holder of FSN
Good idea. Can you write an article about timelock? The FOSC community now has this reward program. https://medium.com/@fusionprotocol/2-million-fsn-open-source-campaign-progress-report-november-12-b92e0cb4848f?source=---------3------------------
I would be very happy to do so, but perhaps I should hold off until an update is made in their presentation? It'd make for a better article if written after such a change.