FEI Fei USD
Source: FEIUSD Chart by TradingView
Fei USD Background
Fei Protocol ($FEI) represents a direct incentive stablecoin which is undercollateralized and fully decentralized.
The goal of the Fei Protocol is to maintain a liquid market in which ETH/FEI trades closely to the ETH/USD price. FEI achieves this via a new stability mechanism known as direct incentives. Direct incentive stablecoins use dynamic mint rewards and burn penalties on DEX trade volume to maintain the peg. FEI uses Uniswap as its incentivized DEX at launch. Governance can add and update DEX integrations and other incentives as needed.
Fei USD News
CryptoSlate Daily wMarket Update: Solana and Cardano lead market recovery
The wMarket Update condenses the most important price movements in the crypto markets over the reporting period, published 07:45 ET on weekdays.
Fei USD Organization & Team
Fei USD Intelligence
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