BNB
by BSC News
November 18, 2022
Is the FEG Token team the busiest developers in crypto? The DeFi project surpassed 1 million social media followers and is executing its ambitious roadmap.
FEG Token is celebrating a major milestone in community outreach, surpassing the 1 million follower mark on social media platforms.
The growing Decentralized Finance (DeFi) ecosystem announced the achievement on Twitter, where it has more than 450,000 followers.
FEG developers have been busy pursuing goals set out in the project’s roadmap, which before the end of 2022 calls for, among other things, auditing the contracts of the projects’ tokens and protocols, as well as launching new utilities such as an aggregator, the “From The Wallet” peer-to-peer transaction protocol, and the Smart DeFi 2.0 token template.
Based on the Smart DeFi technology, the project’s FEG and ROX will be merged into a new token. Token holders will have to execute the migration manually on FEG’s custom tool, so they should keep an eye out for announcements from the project’s official channels.
Check out the Nov. 15 “Dive Into DeFi” conversation hosted by BSC News, where FEG team members RTRcrypto and FrankieB discussed DeFi, Centralized Finance, current market conditions, and the project’s plans.
FEG explains the main idea behind its token is to provide a decentralized transaction network that operates on the Ethereum blockchain and 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.
Where to find FEG:
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