After the successful development efforts by the company’s technology team, the FTC (Financial Technology Chain) mainnet is officially launched today, 06/06/2023. Users who participated in creating or subscribing to 100 Main-Chain super nodes and 10,000 Fin-Chain financial chain nodes can automatically mine FTC on the mainnet. FCT mining starts tomorrow 07/06/2023.
FTC mining rules:
- The FTC mainnet mines 28,800 blocks per day, with each block producing a reward of 10 FTC, for a total of 288,000 FTC per day.
- 5% of the FTC block reward per block is allocated to 100 Main-Chain super nodes, while the remaining 95% is allocated to 10,000 Fin-Chain financial chain nodes.
- The creator of a Main-Chain super node can mine a reward of ((105%)/100) * 20% * 28,800 = 28.8 FTC per day. The remaining mining rewards will be distributed among users who participated in the Main-Chain super node subscription based on their subscription amount ratio.
- And the creator of a Fin-Chain financial chain node can mine a reward of ((1095%)/10000) * 20% * 28,800 = 5.472 FTC per day. The remaining mining rewards will be distributed among users who participated in the Fin-Chain financial chain node subscription based on their subscription amount ratio.
- The total daily mining reward of 288,000 FTC will be released linearly over 180 days, with a total of 1,600 FTC released on the second day, 3,200 FTC on the third day, 4,800 FTC on the fourth day, and so on.
Within 7 days after the FTC mainnet launches, users can use the exchange function on the income page of the Fintoch app to exchange FTC for USDT. After 7 days, we will add the “FTC/USDT” trading pair on Pancake Swap on the Binance Smart Chain, where users can buy and sell FTC based on their own needs.
They can also earn liquidity rewards and team rewards by adding liquidity to the system, with team rewards being settled daily. Additionally, the Fintoch app wallet will support cross-chain flash exchange functionality for FTC and USDT exchange.
Users can also earn corresponding team rewards based on the liquidity value (converted to USDT) of the team when adding liquidity to the “FTC/USDT” trading pair on Pancake Swap. The higher the value of the liquidity added by the team, the higher the user’s team rewards. For more details, please refer to the team liquidity rewards explanation.
Fintoch’s rapid development and remarkable achievements today would not be possible without the trust and support of global users. Let us continue to work together and write a new chapter of brilliance.
FTNTOCH
Our FTC public chain currency itself has no contract Bitcoin, Ethereum, and Binance Coin do not have contract addresses. It’s just that when we cross-chain to Binance’s decentralized exchange, we will send an FTC coin on the Binance chain to have a contract address
The FTC contract address on Binance Chain will be sent out tomorrow! Everyone must pay attention, all the FTC public chain contracts on the market are fake! Please make it clear with your respective market announcements in a timely manner, some even have the FTC Logo, and the US official will clarify
Super node mining calculator👇👇
https://ftc-supernode-reward.vercel.app/#/
You can use this to calculate your daily earnings
FTC Mining begins
In keeping to their words, FTC mining has begun we are in profit already. If you are a member go and update your app for the new features.
FTC contract address
Important Announcement: FTC to Open Cross-Chain and PancakeSwap Trading
2023-06-12
Since the official launch of the FTC public chain, the dual-chain mode of the FTC public chain has received strong support and recognition from our Fintoch users. The enthusiasm of users participating in FTC mining on the public chain has been remarkably high, and we feel honored. In order to enable more users to participate in the development of the Fintoch ecosystem and enjoy the dividends brought by it, the FTC public chain’s cross-chain functionality will be officially open on June 12, 2023, at 11:00 AM PST (Pacific Standard Time).
The cross-chain functionality of FTC supports free cross-chain transactions among the BSC chain, FTC Main-Chain, and FTC Fin-Chain. The Fintoch team has already issued the official FTC token on the BSC chain (Token contract address:
0x4C3145CB6285eb269c37685e05Ff8C6684A70eC7). Users who cross-chain their FTC assets from Main-Chain or Fin-Chain to the BSC chain will receive FTC tokens in a 1:1 ratio.
Friendly reminder: Users are advised to conduct cross-chain transactions and obtain FTC assets on the BSC chain through the Fintoch App. Access the PancakeSwap trading pair through the “Swap Trading” section within the App. Using other unofficial cross-chain transaction methods may pose risks to your assets. Please remain cautious of counterfeit FTC assets and avoid falling victim to scams.
For more exciting features, feel free to download the Fintoch App. If you encounter any issues while using it, please contact Fintoch’s online customer service.
Go through the second swap inside the Fintoch App.
0x4C3145CB6285eb269c37685e05Ff8C6684A70eC7
👆👆👆👆👆👆👆
That’s the official BSC Contract address as released by Fintoch.
And the BSC Chain Bridge is officially live as from today.
Ok.
Steps to add BSC Contract address on Pancakeswap 🥞
1. On your Fintoch App go to Wallet.
2. Click on Swap Trading
3. Copy the official BSC Contract address below
👇👇👇👇👇👇👇
0x4C3145CB6285eb269c37685e05Ff8C6684A70eC7
4. After clicking swap Pancakeswap will show up.
5. On the swap function you will find BNB at the top section and cake at the bottom.
6. If you already have some BNB on your Fintoch Wallet it will load up automatically because it’s auto connect. But if you wallet didn’t connect you can tap connect wallet at the top right hand corner of the Pancakeswap.
7. Click on cake. Then scroll down you will see Manage Token.
8.Click on it and on the address dialogue box paste the official contract address that you have copied earlier.
9. Click search. Immediately FTC will pop up.
10. Check ✔️ the warning bov.
11. That’s is it. Your FTC BSC Chain has been added successfully.
12. Now you can do your swap with either your BNB or USDT or Bitcoin infact with any crypto you have.
NB. You must have a little BNB for your gas fees. Cus you’re in BSC Chain.
Thanks for your time.🙏🙏
*HOW TO SWAP YOUR FTC COINS TO USDT*
Pre-transaction: Extract your ftc coins from your backoffice to your local Fintoch wallet.
- After that, use the swap function to swap your ftc (which is a fin chain coin) to ftc BEP20.
- Click on Sawp Trading which takes you Pancakeswap. Pancakeswap is already connected with your local Fintoch wallet automatically. No need to copy and paste contract address. It’s already on Bnb network.
- You will see your FTC BEP20 balance as the coin shows on top column. On the lower column, select usdt if it’s not already there.
- Add the amount of ftc you want to swap, or simply click on MAX to take all available ftc. Also click on *Local wallet* to upload your local Fintoch wallet address for USDT BEP20 on the third column
- Click *Enable* and follow the process. It will ask for your Fintoch wallet password. Once enabled, you can now click on SWAP
- Your usdt arrives your local Fintoch wallet immediately. Charges apply at both local and Pancakeswap swappings.
- Please note that the USDT you now have is BEP20, not USDT TRC 20. Be very careful to obtain the right USDT wallet address of your external wallet (Binance, Trust Wallet etc) when you want to withdraw to your external wallet.
