FEG Token ("FEG," "FEGtoken") is focused on reshaping and evolving how decentralized finance (DeFi) works completely while delivering the most robust ecosystem ever designed to support DeFi's muchneeded advancements.
FEG Token is the governance token of FEGex ("FEG Exchange"), our cross-chain centralized exchange/decentralized exchange (CEX/DEX) where tokens can be swapped, staked, added to liquidity pools, or fWrapped. FEGex is revolutionary. fWraps provide an additional passive income stream.
Hold a fWrap asset and receive more of that fWrap asset over time. The original cryptocurrency can be ADA, DOGE, XRP, LTC, USDT—and much more! Unwrap back into the original cryptocurrency asset at any time. Earn more of your favorite cryptocurrencies passively while you sleep. (Seriously.)
FEGtrack is a mobile and web application that enables users to track their FEG rewards and dollar-value balance. The application is continuously improving as FEG Token transforms DeFi. The Pan African Sanctuary Alliance (PASA) is FEG Token’s first charitable partner, and the FEG Token team matches the first $750.00 (USD) of donations given by the community each month.
FEG Token has also created the world’s first perpetual charity cryptocurrency wallet, a charity pool that will earn rewards perpetually for donation purposes, powered by frictionless yield. There are several strategic partners within the FEG Token ecosystem, each with unique use cases. The ecosystem leverages the partners to grow and become more diversified.
SmartDeFi is the latest innovation created by FEG Token’s lead developer. It rewrites DeFi to make it much more secure (rug-proof), more efficient (improved routing with reduced gas fees), and better reward investors through frictionless yield.
Tokens utilizing SmartDeFi manage their liquidity, removing the need for exchanges to host liquidity pools. FEG Token’s vision advances further into the cryptocurrency space by releasing innovative products, such as non-fungible tokens (NFTs) and gaming. The sustainability of FEG Token is of utmost importance to the community and its leaders.
FEGtoken’s circulating supply decreases every minute of every day. Over 1% of every transaction is immediately and automatically burned forever, and as the number of burned tokens increases, the burn rate accelerates.
A portion of every FEGtoken transaction is immediately and automatically reflected back to all FEGtoken holders. Yes, this means you earn more FEG just by holding FEG in your wallet. Passive income for everyone.
Being that FEGtoken is the governance token of FEGex, you can stake it there to earn multiple extra streams of passive income. In addition, SmartDeFi transactions buy and burn FEGtoken, accelerating the reduction of supply.
FEGtoken is available now on the Ethereum and Binance Smart Chain networks with two separate supplies. The upcoming bridge will effectively merge these supplies, while also distributing the existing supply across three new blockchains; Fantom, Polygon, and Avalanche. The number of FEGtokens in circulation will never increase.
Ownership of the FEGtoken contract(s) was renounced at launch, giving the ultimate level of protection against malicious changes being made.
100% of FEGtoken’s original liquidity is locked, giving security and peace of mind.
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