> For the complete documentation index, see [llms.txt](https://fatexdao.gitbook.io/fatexdao/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://fatexdao.gitbook.io/fatexdao/fatexdao-dapps-and-tokens/fatexfi-faq/harmony-greater-than-matic-reissue.md).
# Harmony->MATIC Reissue
Brief explanation of the redeploy of FATE from Harmony ONE to MATIC
## The MATIC move was necessary to build FxD.
Fundamentally, the Harmony ONE blockchain is not ready to host the commercial, bank-grade web 3.0 applications that FATExDAO was formed to build. Speed, management, infrastructure, security, reliability, transaction cost, cross-chain compatibility, ecosystem, and user base are the main variables that were considered when deciding which blockchain to host the DAO's initial platform. \
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POLYGON MATIC is an acceptable fit, we must remain chain agnostic - whatever blockchain(s) provide the most secure, scalable and lowest cost is the best for FxD..
**FATExDAO does not need to be a cross-chain protocol to build the DAO membership - the main purpose of FATExFi in its current, earliest stage.**
**FATE on Harmony or leaving it connected as we moved served no purpose.**
**The path chosen allowed for a revaluation event that benefited Harmony holders immensely because members and the success of the mission come first in a DAO.**
## ***Reissuance was voted as the most sensible:***
1. **It was done fairly and generously to Harmony holders of FATE:**
1. A vested allocation of +8% of total supply was given to the +/- 1000 wallets
2. The specific structure of this offering greatly ensures this allocation will have more value in the long-run.
3. A "FAIR" pre-launch token swap to contribute to the initial LP of FATExFi on MATIC ensured any Harmony member had the same rights as the founding team.
2. It was easier than a migration event
3. Other DAOs that add or move blockchains either migrate or add a new token:
1. That is not fair to the old-chain token holders
2. Mixing the different tokens under different names is less efficient for governance
### [A list with the allocation per wallet can be found HERE.](https://docs.google.com/spreadsheets/d/1y0voj844VyED1E5Sks2UyMt59t8jKUpf3Zh5NnsdpAw/edit?usp=sharing)