FEB Badge by CFT Ecosystem – Affordable Energy Access Powered by CFT

TRON Hackathon Hackathon Season 7
41

I own a FEB and it is amazing. The extra energy is great for transactions like staking, claiming rewards, and an occasional meme purchase

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42

Would love some support on our tweets

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43

In this short period of time cft has done wonderfully well, keep it up team :muscle:

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44

We try our best and keep building every day

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45

Hi dear
How does the FEB Badge enhance energy access for users in the TRON network, and what are the benefits compared to traditional methods like staking or renting energy?

46

The FEB badge holders are delegates energy from our treasury that’s always available. Even if there is an energy shortage we always have enough for our FEB holders.

Staking TRX for energy is the best option, but for some users this is expansive and the amount of energy you get change when other users stake TRX to. Some users would also like to have those TRX work for them in various ecosystems like CFT. By holding a FEB badge you could use the remaining 15,000 TRX you have and stake within the CFT ecosystem and that would reward you around 20-25 TRX a day.

Renting is also an option but every TRX spent on renting is a TRX you will never see again :wink:

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47

FEB Badge update

FEB holders can now swap CFT for TRX at 0.95 TRX Price.

FEB holders will also enjoy a 0% tax on CFT buy/sell transactions when trading goes live.

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48

Hello @Stian , great to see you again and keep on building on TRON!

The concept is great!
This is bringing more ways to get energy with less friction for users.
I have some questions and concerns regarding the token price, ROI and your target audience:

  • What kind of audience are you expecting to buy a FEB token
  • Have you calculated the ROI for your customers? I mean, compared to traditional energy renting or even staking how much time will it pass to break even on their investment
  • 5k TRX for an energy token is a lot for several people, especially at current TRX price. Have you either considered some sort of flexibility on price and/or amount of delegated energy to make your solution more appealing?
  • Is there a way to test your product in a testnet environment?

Thank you for your continuous efforts and keeping on improving and adding new use cases to the CFT ecosystem :slight_smile:

Keep up the great work!

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49

What makes the FEB Badge a better choice for getting energy than just staking TRX?

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50

Appreciate the positive feedback :pray:

FEB is designed to fit those who don’t have enough TRX to stake and plan on doing transactions long term, or those who already have an amount staked but some days need extra energy. At some point the cost of renting will be larger than the one time investment of 5,000 TRX. At current price of energy at TronPulse your ROI is after approximately 300 transactions.

I know its price might scare away some people but to get 200,000 energy today you need around 16,500 TRX locked.

In 3 weeks 5 of the 10 available FEB badges has been sold.

We have also added a 5% reduction for FEB holders when buying CFT tokens and a 5% reduction in Swap fees when swapping CFT back to TRX for all FEB holders. And more valuable features is planned.

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51

Staking for energy is absolutely the best option as it’s gives you voting rewards and always available energy. But for some users locking 16,000 TRX for energy they only need a few times a week seems pointless. It’s these users FEB badge is targeting. Then they can invest the other 11,000 TRX into something that gives them better return than staking.

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52

hey stian how is your project ClaimFreeTRX going? Is everything alright?

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53

GM buddy, best I can tell you is
The claimfreeTrx project is working very well.

Join the telegram group CFT ans see foe yourself.

Here is giveaway tasks, you can check out too

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54

Good good, I’ll joing the telegram to see current updates. Thanks @Gordian

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55

Understood, Thank you so much :slight_smile:

56

That’s an interesting use case!
How long do you plan to offer the FEB Badge utility? Is it a limited-time offer (like 1 month or 1 year), or will it be available indefinitely?
and how can users be sure they’ll consistently receive energy every 48 hours after purchasing it?

57

The plan is to have it indefinitely, There is always available energy in our treasury to ensure FEB holders will always be able to have energy every 48 hours. If any future network change should make this impossible we would offer to buy back the FEB tokens from the holders at the same price.

FEB tokens have already other attributes like reduced price for our native CFT token and we also constantly try to evolve and adapt to make it more attractive to hold.

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58

thank you for quick answer :+1:

59

No problem :smiling_face: appreciate you taking the time to ask them

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60

@Stian ,welcome to season 7,
I read your project and make some questions.

  1. What inspired the creation of the FEB Badge, and how does it address energy access issues in the TRON ecosystem?

  2. Can you explain the process of how users can borrow energy with the FEB Badge? What are the specific steps they need to take?

  3. How do you ensure the security and efficiency of energy delegation using the FEB Badge?

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