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FEG FEGtoken
FEG Price
$0.00000
+5.05% 24H Volume
$627.41K
FEGtoken Info
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.
FEG is a deflationary token with a max circulating supply of 100 Quadrilion. 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 overtime. 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.
FEGtoken Intel
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