Rank #93
FEI Fei USD
FEI Price
$0.99174
+0.27% 24H Price Chart
Market Cap
$421.49M
24H Volume
$1.34M
Circ Supply
425M
FEI Explorer & Contracts
Fei USD Background
Fei Protocol ($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
Fei USD Organization & Team
Joey Santoro
Co-founder
Sebastian Delgado
Co-founder
Brianna Montgomery
Fei USD Intelligence
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