BNB
by BSC News
November 18, 2022
Is the FEG Token team the busiest developers in crypto? The DeFi project surpassed 1 million social media followers and is executing its ambitious roadmap.
FEG Token is celebrating a major milestone in community outreach, surpassing the 1 million follower mark on social media platforms.
The growing Decentralized Finance (DeFi) ecosystem announced the achievement on Twitter, where it has more than 450,000 followers.
FEG developers have been busy pursuing goals set out in the project’s roadmap, which before the end of 2022 calls for, among other things, auditing the contracts of the projects’ tokens and protocols, as well as launching new utilities such as an aggregator, the “From The Wallet” peer-to-peer transaction protocol, and the Smart DeFi 2.0 token template.
Based on the Smart DeFi technology, the project’s FEG and ROX will be merged into a new token. Token holders will have to execute the migration manually on FEG’s custom tool, so they should keep an eye out for announcements from the project’s official channels.
Check out the Nov. 15 “Dive Into DeFi” conversation hosted by BSC News, where FEG team members RTRcrypto and FrankieB discussed DeFi, Centralized Finance, current market conditions, and the project’s plans.
FEG explains the main idea behind its token is to provide a decentralized transaction network that operates on the Ethereum blockchain and BNB Chain. A hyper-deflationary token, FEG has a maximum circulating supply of 100 quadrillion on both the aforementioned chains, which also includes an inaccessible burn wallet.
A 2% transaction tax is distributed among all holders based on the percentage of ownership, including the burn wallet, which acts as a holder that collects tokens over a period in which transactions occur.
Where to find FEG:
Related News
Latest News
0h : 25m ago
Chainlink Launches Cross-Chain Interoperability Protocol (CCIP) for General Availability
2h : 55m ago
Hong Kong Bitcoin and Ethereum Spot ETFs Get Approval to Begin Trading on April 30
5h : 25m ago
US DOJ Wants 3-Year Prison Sentence for Binance Co-Founder CZ
April 23, 2024
Binance’s 53rd Launchpool Project: What is Renzo Protocol?
April 23, 2024
Texas' Blockchain Association and the Crypto Freedom Alliance Sue US SEC
April 23, 2024
Binance Sued in Canada Over Securities Law Violations: What to Know
April 22, 2024
What Are Bitcoin Runes?
April 22, 2024
Binance Executive Arrested in Kenya After Fleeing Nigeria
More News