BNB
by BSCN
December 12, 2022
The Smart DeFi token template from FEG can help anyone -- even you! -- build a new economy for a new world. Learn more in our story:
Smart DeFi is an innovative token launchpad deployer from the FEG Token team. Smart DeFi launched in early 2022 behind the idea of unruggable and guaranteed asset backing.
Dubbed DeFi 3.0, Smart DeFi brings users of Decentralized Finance (DeFi) a comprehensive token launchpad that is a safe, insured, interoperable new way to think of token holding. Smart DeFi resolves many of the security issues, costs, and inconveniences associated with traditionally launching a new token.
Smart DeFi 2.0 is currently under construction and preparing for its updated version. The FEG team issued a roadmap in early December predicting a Q1 2023 release.
Anyone can jump on the Smart DeFi launchpad to create their own multifaced crypto token. It’s easy for creators and investors to use the FEG-made template to start.
Making a token requires a fully backed by its base asset to begin. Token creators can either back the asset themselves or host a presale.
Creators do not need to know any coding and can guarantee their buyers that their funds cannot be stolen. Creators and investors do not need to solicit the help of developers or third-party groups to overcome these launching hurdles.
Tokens can be minted on Ethereum (ERC-20) or BNB Chain (BEP-20) and must be backed by the native token of that change, either ETH or BNB.
Token creators can choose between some token characteristics like growth fund percentage allocation, liquidity locking period, and the featured asset backing percentage. The many customizable options make the process easy and diversifying.
The key feature of Smart DeFi tokens is innovative Asset Backing technology. Every token created with the FEG Token Smart DeFi technology is fully backed by a separate locked pool of funds that continually grows with each transaction. This gives the token an underlying value to guarantee users can exchange the token.
Creators must burn tokens to unlock the Asset Backing technology. The Asset Backing pool can never decrease and thus holds an ever-increasing value behind any given asset.
The tokens are each their own exchange and have robust tech to combat and prevent rug pulls and honeypot scams. Smart DeFi also includes SmartLending, which allows investors to use their holdings as collateral for short-term, no-interest loans.
Key Smart Token Characteristics
Smart DeFi fosters a safer and more protective DeFi ecosystem. Behind the Asset Backing technology, creators can assure their communities and buyers that each token retains inherent value and build forever.
The Smart DeFi ecosystem is designed around efficiency and cost-effectiveness. Project leaders, businesses, and other organizations can utilize the innovative tech built by the FEG team to foster investor confidence.
With each token acting as an exchange within itself, the Smart DeFi technology opens up a new world of Web3-enabled trading that is safer and more secure. Investors can use the asset backing of their tokens to offset real-world expenses, extend their portfolio, or otherwise increase the value of their investment without having to sell.
Some of the best capabilities of blockchain technology are on display with Smart DeFi. Simple, accessible, and innovative technology is helping to boost the safety and creativity within the industry.
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, 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. The team are 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.”
Where to find FEG:
Website | Twitter | Medium | Whitepaper | Instagram | Telegram | Reddit | Discord | Youtube |
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