BNB

FEG Token Team Shares Buzz Ahead of Smart DeFi 2.0 Launch

The FEG Token team is buzzing about the imminent launch of the Smart DeFi 2.0 upgrade, while the official account released a new project roadmap.

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January 26, 2023

Release of FTW Slides to Q2

The FEG Token team has been putting out glimpses of and chatter about their work on their Smart DeFi 2.0 product, in anticipation of the impending launch which is still set for the first quarter of the year.

As we're getting closer to migration, I just wanted to thank the great @dewbo1 for creating (yet again) another stunning UI mockup! 👏

And it's FEGtrack style! 😍🦍🔥$FEG #FTW #FEGtoken #Crypto #BNB #ETH #BTC #DeFi #SmartDeFi pic.twitter.com/0hTJW9snhb
— FEGtomi (@FEGtomi) January 25, 2023

Team member Cos tweeted that the upgraded FEG token protocol “is ready to use by the #FEG family.”

After spending my youth and sanity testing the new and improved #SmartDefi like a madman I can finally say this is ready to use by the #FEG family. Get ready
— Cos (@Coscos42) January 25, 2023

Dev team member Bal Gu said testing on the migration tool is nearly done.

Migration tool is nearly fully tested. Only missing someone who had LP on the pro pairs.
Quick recall:

- SS ✅
- LP⏳
- Balance✅
- V1 staking✅
- V2 staking✅

Will be able to be migrated all at once.@FEGtoken $FEG #SmartDefi #BTC #Ethereum
— Bal Gu (@BalGu8) January 25, 2023

And team member PrinceZF said a marketing push is coming soon.

If you see the evolution. the level of work and dedication the #FEG team is pouring their souls into. you should understand what is coming and what they are capable of. you don't need others to tell you. just look around, observe and you shall see.
Hint: Marketing plans soon 🤐🤫 pic.twitter.com/zyoV3AoALP
— PrinceZF (@FEGPrinceZF) January 25, 2023

The official FEG account issued an updated roadmap, showing that the debut of Smart DeFi 2.0 is still on for the first quarter of 2023, but that other initiatives, such as the launch of its From-the-Wallet (FTW) limit-order trading platform, have slid back into the second quarter of the year.

✳️🎉Roadmap Update🎉✳️

With the #SmartDeFi audit still in motion, our roadmap has been updated. Please check it out ⬇️

For more info regarding the audit follow the link: https://t.co/96tw36SlVd

Thank you for being a part of this journey!#FEG #FEGtoken #DeFi #Roadmap #Crypto pic.twitter.com/RvaqKgENCn
— FEG (Feed Every Gorilla) (@FEGtoken) January 26, 2023

What is FEG Token:

FEG explains the main idea behind its token is to provide a decentralized transaction network that operates on the Ethereum blockchain and the BNB Chain. A hyper-deflationary token, FEG has a maximum circulating supply of 100 quadrillion on both the aforementioned chains, including 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. The team is keen to stress that there is no burn limit, and with this being the case, users will get to enjoy a “never-ending cycle of passive income with positive price pressure.”