Thank you for taking the time to ask these questions
Some of my community members came to me and asked if there was a way for them to get energy only when they needed it without renting, sort of creating a community pool where everyone pitch in and share the burden of staking the amount needed for energy, so we discussed this further and came up with the energy badge that enables them to borrow 200,000 energy from our treasury pool.
We added the 200,000 and 48 hour limit to ensure it’s enough for everyone to begin with. These limits can be changed in the future but only to positively benefit the holders.
First a user need to buy the FEB badge on our website, when this is done they can go to the energy tab on our website and press “request energy”
The user is then instantly delegated 200,000 energy through multi signature access to our treasury and it’s reclaimed after 15 minutes.
We added the 15 minute time since this is enough time for the users to do the needed transactions and it also starts the regeneration period so energy is available for other users.
Pressing the request energy button starts the delegation process that is done through multi signature just like energy rental is done on all the energy exchanges.
@SimbadMarino have tested the system and do believe he liked the simplicity of it. And also all our FEB holders that now count 5 persons.
Hello, great to see such a unique solution with the FEB Badge! I have a questions.Since only 100 badges will be available, how do you plan to ensure energy accessibility for a broader user base in the future? Do you have plans to expand the badge availability or offer alternative solutions?
For now we will limit it to 100 badges sold in batches of 10 and 10 when there is demand for it. As our treasury grows and our energy supplies grows we will look at the decision of we want to add more badges or limit it to 100.
The energy feature is just one of many features we plan to add for these badges.
Sounds like a good plan! Keeping it to 100 badges for now and selling in small batches based on demand makes sense. And cool that the energy feature is just the start—excited to see what else you guys add!
Hello team CFT it’s nice to see you are developing to solve the energy problems in the Tron network.
While this may sound like an impressive project it gives me concern why the energy should be delegated for just 15 minutes and not at least for the minimum of 1 hour that some energy market offer. Please explain to me what your reason is in the 15 minutes energy delegation to your FEB holders.
As you are preparing for this and with the increase in Tron users, what happen when all the 100 badges are release and sold out. Will this create the opportunity for more badges to be created or once all the 100 badges and sold out, there will never be any more badges to be created and offer for sell in the primary market?
Will it be possible for a FEB holders to delegate their energy to friends who may be in need of the energy at the moment that the badge holder is not in need of it?
I see the answer to my third question to you but is it ok to suggest that it will make more flexible for holders to delegate their energy to others. You have a point that delegated energy cannot be delegated again but you can include a box for holders to enter the address they want their energy delegated to
To do your transactions there is no need for more than 15 minutes, so having 1 hour delegation would just create a delay in the regeneration period making it more ineffective.
A lot of the energy exchange have 5 minute delegations for their api integrations making their turnover faster and more profitable.
There is a possibility to make more than 100 badges but that is a decision that will be make after the first 100 are sold.
At the moment this is not an option but could be introduced in the future if the badges are sold.
Ok this is my first time of hearing that there are energy markets that sell energy for just 5 minutes delegation period but does this make sense since energy refills after 24 hours and there are people that lives in less developed regions with disruptive network conditions which when this happen, they may lose the energy without making use of it within that 15 minutes
all the badges will have the same “rarity”. like each badge will offer the same amount of energy per 48 hours or there will be also low rarity badges, cheaper and with less energy allocated ?
I don’t think there is anything like rarity on this because if there is he will mention it. All the badge have the same redeemable amount of energy I think
as each badge costs just 5,000 TRX. After requesting energy, it is delegated to the user for 15 minutes, during which they can execute smart contracts and other tasks. Once the energy is undelegated, the user enters a 48-hour cooldown period before they can request energy again…
what’s the guarantee that after one must have borrowed due to network congestion there won’t be failed trainsations when trying to deploy smart contracts thereby leading to a waste/loss of funds spent of procuring the badge for the essence of borrowing
Currently badge holders get to buy CFT at a 5% discount, also when CFT is tradable badge holders will not have the trading tax non badge holders will have. We will also add more features as we see fit
Deploying smart contracts cost way more than 200,000 energy, so if you plan to do that holding a FEB badge won’t be enough.
Tron network is a very reliable network and if errors happen it’s because you don’t have enough energy, bandwidth or TRX to do the transaction. So don’t really see this as an issue
I think there is one thing that is important and that is to be able to adapt to changes.