> 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/fateh-holder-options/1-automatic.md).

# 1: Automatic

Please visit the most recent [Snapshot proposal approved by the DAO](https://snapshot.org/#/fatexdao.eth/proposal/0x53e873442aae245ad3833c6138f47cbbd5292db94c6ad15aaeed6e3d2fba48ae) to see the decision details.

### [A list with the allocation per wallet can be found HERE.](https://docs.google.com/spreadsheets/d/1y0voj844VyED1E5Sks2UyMt59t8jKUpf3Zh5NnsdpAw/edit?usp=sharing)

### This section was updated to align with the DAO approval.  We are calculating the exact figures and will work to put them in the vested balance w/ voting rights for the governance of 8.18% after launch.  We will vote on the merkle-distribution release using the MATIC governance token - *AFTER FATExFI TVL/PRICE GOALS ARE MET.*  

### [PLEASE READ (and subscribe) the article in our Substack News/Update Publication (click here)](https://fatex.substack.com/p/fate-harmony-holders-vested-balance?r=qs8co\&s=w\&utm_campaign=post\&utm_medium=web) - this explains why you cannot see your vest balance and other important details.

### How it works:

* On a weekly basis, at minimum, there will be a price check.  
* So long as the value of FATE issued on MATIC does not fall below 50% vs. the price of FATE on Harmony at the end of the FATExDEX rewards (FATE being rewarded on HARMONY) the allocation ratio will remain.  

**An 8.18181818% allocation of FATE Matic supply for FATE Harmony holders based on the following - the details and explanation can be found** [**here**](https://bit.ly/36ImnpY)**.**

**The option creates a minimum value increase of 50% for FATE holders (on Harmony) or it will be a 1:1 transfer. This will be assured by weekly (at minimum) checks of the price and if it does not produce an increase of at least 50% in value at any time during the distribution it will revert back to the original supply.**

Beyond the above, the proposal has the following conditions:

1. The amount of FATE received on MATIC will be based on the percent of FATE issued on Harmony that a wallet will hold at the end of the FATE Harmony rewards (unlocked) and will receive the same percentage of the subject allocation. I.e. if a wallet owns 1% of FATE Harmony rewarded, it will receive 1% of the above allocation.
2. This amount will be distributed, at minimum weekly, and at maximum by block rate, over a year: 365 days, corresponding to the end of the first epoch of FATExFi and the start of the new locked rewards release (members who have earned FATE on MATIC) and starting 2 weeks (by block rate) after the MATIC FATExFi launch.
3. **The allocation** 72,727,272.7 is based on FATE price with weekly “checks” to ensure that the amount **will always be +50% more in value**, if it is less than 50% more of the value upon closure of FATE Harmony rewards, the number of tokens distributed will equal the amount of tokens a wallet had on Harmony.
4. Checks will be a minimum of once a week.

#### The result is that a FATE Harmony holder will always be able to receive 50% more than the value FATE was at the end of FATE Harmony rewards or it will revert to a 1:1 exchange below a +50% value difference.

### The automatic allocation granted will be proportionally reduced by the amount of FATE used in the second option as a percent of the total FATE rewarded on FATExDEX.  Details of this option can be found on the next page.