FEG Token / FEG
The main idea behind FEG Token is to provide a decentralized transaction network, which operates on the Ethereum blockchain (ERC-20) and the Binance Smart Chain (BEP-20). The path forward for FEG Token is determined by market fluctuations, but the model it runs on begs FEG Token to succeed.
Each chain was launched with an initial 100Q (quadrillion) tokens. 50Q on each chain were immediately burnt to kick-start FEG Token’s deflationary tokenomics.
2% of every transaction (buy, sell, or transfer)is taxed and distributed between all the addresses on that particular chain. Over half of this tax is sent to an inaccessible burn address (“black hole”) and the rest is distributed to holders, incentivizing holders to hold and decreasing the circulating supply over time. These rewards are earned immediately and automatically into holders’ wallets.
As the circulating supply decreases, the scarcity of the token increases. This inversely proportional relationship constitutes a supply and demand model. There is no limit as to how many tokens can be burnt. Without a burning limit, holders get to enjoy a never-ending cycle of passive income with positive price pressure!
FEGex is an all-in-one exchange. It was built from the ground up with custom coding that is specifically designed to resolve major issues with other popular exchanges surrounding DeFi tokens.FEGex has a bridge that makes cross-chain swaps possible between the two blockchains (ERC-20 andBEP-20).
FEGchart allows for advanced charting and provides a deep dive into technical analysis.Listing ProcessAuto-listing enables any token to list on FEGex, add locked liquidity, and create trading pairs.
Wrap your favorite cryptocurrencies, and earn more of them passively! Use fWrap and immediately start earning more of them.
Not looking to wrap your FEG? No problem! You can wrap your ADA, DOGE, XRP, LTC, USDT—and more. You can unwrap back into the original cryptocurrencies whenever you desire.You pay a 1% tax when wrapping or unwrapping your cryptocurrencies.
There are no additional risks involved with fWrapping and no impermanent loss.1% of every transaction (buy, sell, or transfer) that takes place during the fWrap process is immediate and automatically distributed between holders of that fWrap. This provides an excellent annual percentage yield (APY). Track your APY easily using the Tracker.
Holders can track their FEG tokens using theFEGtrack app and web app. Data is pulled from the blockchain using only public wallet addresses, making it completely secure.The following are several features that are available within FEGtrack:
- Real-time balance and valuation
- Live burnt/circulating token counter
- Multiple wallet addresses
- Charted market data
- Rewards forecasts
- Links and information
FEG Token feeds every gorilla in all parts of the world. Experience the FEGfaucet and claim free FEG. Every day. Forever.
The team donated 20T of their own tokens to kick-start FEGfaucet. The FEGfaucet is locked and only the frictionless rewards it generates can be claimed.
Anyone can claim the rewards. Each time the rewards are claimed on a first-come, first-served method, the claimable amount resets to zero. Each wallet can claim from the FEGfaucet a maximum of once per24 hours. You do not need to be a FEG holder to claim from the FEGfaucet.
The FEGfaucet will generate rewards and help to expand the user base exponentially! The hope is that FEGfaucet will one day be providing over $20.00 (USD) of FEG every minute, which would be more than the monthly salary in several developing countries and be truly life-changing for many.
FEG Token is fully decentralized. Ownership was renounced at launch and all communications, developments, and marketing campaigns are planned and performed by members of the community.
The token was audited and verified by Solidity Finance*. Through this process, the token was proven to have no back doors or distributed denial-of-service (DDoS) attack routes.
How to buy FEG Token
You can buy FEG Token via FegExchange.
FEG Token Contracts:
Binance Smart Chain: 0xacfc95585d80ab62f67a14c566c1b7a49fe91167
FEG Token contact information
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The content on this site is for informational purposes only and is not intended as a substitute for professional financial advice. As always, DYOR/Do Your Own Research.
------------------------------------- Note that: 1) A listing needs at least 1000 votes within 10 days to avoid being demoted to the Waiting Room. 2) If a listing reaches 2000 votes within 10 days, it will be tagged as a “Strong Community”. 2000 votes also qualifies the project to become one of our partners. You get 12 months of promotion at the cost of only 1 month! Please get your awesome community to vote. Thanks. 🚀🚀🚀 ------------------------------------- Hello readers, this post was created with our nice and easy submission form. Create your post!