Adjustment In The HE:GEM Exchange Ratio
Swap from HE to Gem will have 15% bonus instead of 1:1 ratio
Dear H&E Community,
When carefully putting it into consideration, we have compulsively decided temporarily adjust the HE to GEM Exchange Ratio.
This is because when the price of HE is devalued, the “SWAP” system of 1:2 for the HE-to-GEM ratio has been manipulated, and some people directly take advantage to exploit H&E's Marketplace System. They rely on the price difference in Hero’s NFT In-game & OverMint to make profits.
To defend the interests of genuine players and close a loophole in the game's economy, we decided to alter the SWAP ratio based on the price swings of HE. It will be: HE’s fluctuating price + 15% Bonus.
Ex: GEM price is fixed at $0.01
- HE with $0.01 + bonus 15%; 100 HE = 115 Gem
- HE with $0.005 + bonus 15%; 100 HE = 58 Gem
This solution is a quick option to reduce the loss of the project. We will propose this to the voting system so the community could give feedback. If you have some ideas, please share them on our feedback site or propose them to our Government system.
Thank you for your support. Our team strives to provide the best experience in the gaming space and a balanced environment in the ecosystem, therefore community proposals "may" be adjusted to suit and bring a wholesome ecosystem to OverSky.
Thanks and Best regards,
H&E Core Team.
About Heroes & Empires
Heroes & Empires is a next-gen NFT game that combines the distinct elements of Idle RPG with auto-chess tactics, all while being linked to blockchain technology. By utilizing the Non-Fungible Token (NFT) feature to create characters and items, as well as Skill-2-Earn elements, players will be able to earn a consistent income while having fun with many gaming features.
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