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Foodcourt
  • Welcome to Foodcourt!
  • Change logs
  • News & Annoucement
    • Say hello 2023
    • Roadmap 2022
    • Multiplier Adjustment
    • 新正如意 新年平安
    • The 4th ILO (Ryoii)
    • Another Major Change
    • Get Support from KillSwitch for REI Chain and more
    • The next big things
    • The 3rd ILO (KillSwitch)
    • Information for 3rd ILO (KillSwitch)
    • Multiverse and more
    • [!!!-IMPORTANT-!!!] Migration to v.2
    • The 2nd ILO (Samoyed)
    • New my favorite food @Fleamarket
    • Major change and more
    • Most impact update ever after audited
    • The 1st ILO (Loremboard) and so much more
    • The Great Depression ACT
    • Critical Issue found on r token
    • End of June 2021
    • New listed pool & multiplier adjustment #1
    • High Inflation ACT
  • Innovation 🥢
    • 1# Dual Fair-Lunch 🍱
    • 1# Wrapped yield farming
    • 1# Double standard yield farming
    • 1# My favourite food @Fleamarket (1st Vote Deprecated)
    • 1# My favourite top 100 restaurants
    • 1# My Favorite Snack
  • Vote for multiplier
    • December 2021
    • November 2021
    • October 2021
    • September 2021
  • Tokenomics
  • Roadmap & Usecase 🛣️
  • Burn-them-all 🔥
  • International-Food-Festival
  • Initial-Lunch-Offering
  • Cafeteria
  • SnackBar
  • Portfolio-visualization-tools
  • Official Partnership
  • Auditors
  • Operating Chains
  • Full transparency
  • Open-letter-to-rugdoc
  • NFT Gaming
    • Phase 1
      • Classes
      • Character
      • Cooking
      • Foodcourt Marketplace
      • Kururu (User Marketplace)
    • Phase 2
      • Improve Graphic
      • Connect to real sector
    • Phase 3
      • PVP
      • Item
    • Phase 4
      • Innovative farming
    • Phase 5
      • Connect to a real existing game
    • How is it fun?
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  1. News & Annoucement

High Inflation ACT

This is an emergency defensive measure to help deflate coupon price.

Dear respected customers,

Foodcourt dev team has realised that our platform are facing hyper-inflation emission rate from 4X (3days) and 2X(3 days), During promotion period $COUPON have been massive sold, Our dev team hire economist from galaxy far far away, so this is our decision. AFTER Promotion Periods has ended (6 Days) we will use 12days recover emission plan

Emission rate will reduce to 1 Coupon / Block and keep increasing every day until 10 Emission / block has been reached, the reason behind this strategic plan are for recover hyper-inflation during promotion period. Emission rate will be adjust every 17:00 UTC

Day

Emission Rate

1st

1 Coupon / Block

2nd

2 Coupon / Block

3rd

3 Coupons / Block

4th

4 Coupons / Block

5th

5 Coupons / Block

6th

6 Coupons / Block

7th

7 Coupons / Block

8th

7 Coupons / Block

9th

8 Coupons / Block

10th

8 Coupons / Block

11th

9 Coupons / Block

12th

9 Coupons / Block

We can't ask everyone to HODL Governance TOKEN ($Coupon). it's your decision to take profit anytime or stop loss anytime, or even this is your chance to stock up $COUPON DYOR. But We need to take an action to protect our platform and has to act immediately, We hope that this ACT will be able to help price related issues , for sure there will be consequences. For instance, Due to low emission rate if coupon price still the same apr will reduce massively (may be 10 times than usual) But we believe this action will help foodcourt in longterm.

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Last updated 3 years ago

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