Please note that this Feg Token Review and Feg Token Price Prediction is based on historical data. Is Feg Token Legit?
Table of Contents
What Is Feg Token?
The main idea behind FEG is to provide a decentralized transaction network that operates on the Ethereum blockchain and the Binance smart chain (BSC). The path forward for FEG is determined by market fluctuations, but the model it runs on begs FEG to succeed.
FEG is a deflationary token with a max circulating supply of 100 Quadrillion. On each transaction, a tax of 1% will be distributed to the holders and a further 1% will be burnt, hence incentivizing holders to hodl and decreasing the supply over time. As the supply decreases, the scarcity of the token increases.
This inversely proportional relationship constitutes a supply and demand model. Furthermore, there is no limit as to how many tokens can be burnt. Without a burning limit, you know what happens next.
FEG is redesigning the way decentralized finance is structured. FEG is focused on reshaping and evolving how DeFi works completely while delivering the most robust ecosystem ever designed for DeFi’s much needed advancements.
What Can You Do On FegEX?
Pairs can choose a staking pool that allows your token holders to stake and earn fBNB/fETH or any base fWRAP directly or you can choose to bypass it and earn 0.2% of all sales directly into team wallet for marketing, charity, or project developments.
Smartswap technology allows users to standard swap or smart swap. Smartswap is built for swing traders and offers up to 50%+ less gas and saves tx fees on frictionless tokens while internally swapping inside the swap contract.
Internal liquidity locking features streamline the process tremendously.
Pairs are based upon fWRAP technology which earn transaction rewards from every use directly inside each liquidity pool, in turn generating perpetual positive price pressure on all listed tokens sharing the same base fWRAP. Example: If 1 pair has $100m daily volume and your token shared the same base pair all of their transaction will also reward your pool’s liquidity raising the price of your token. This model provides a true evolution that has never been provided before.
Smart Liquidity with the ability for users to utilize 1 sided liquidity add/remove features which also provides a more streamlined process for auto liquidity adding and rebalancing.
Ability to set utilize sell limit circuit breakers that can be adjusted to help stabilize volatile markets.
Auto slip technology which allows users never have to fumble around with all of the errors they receive on other swaps.
Frontrunning bot protection – Our priority is the security of all community members’ and investors’ assets and this feature best helps protect liquidity pools.
Ability to utilize FEG perpetual faucet tech to allow users the ability to claim free tokens forever. (For frictionless tokens)
FEGtrack will soon allow listed tokens on FEGex to list their token on the app so all users can easily track token rewards and stats.
FEGchart will be our high-end version of charting for FEGex, users will be able to track and chart every token listed on FEGex.
One rule of crypto is investing into something that has a product. There is a bunch of deflationary coins that claim that the rewards are the product like HOGE, SAFEMOON, and even FEG. But FEG has a trick up it’s sleeve, FegEx.
Hi, I'm Iheyi Richard, a young African blogger and writer.
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