BSC News

FEG Token Brings June Updates as SmartDeFi 2.0 Approaches

FEG token brings multiple updates that include a website overhaul, logo change, and a new roadmap section.

Major Updates

The FEG Token team released updates for June, including a website overhaul, logo change, and a new roadmap section.

The protocol publicized the new changes through a Twitter thread on June 17.  Here are the updates: 

  • The team revealed that they are working on a RoadMap for release to the community that will show expected time frames and goals.
  • The FEG token official site will be undergoing maintenance as they update the official site to reflect updates to the project.
  • The FEG team is currently conducting professional creativity exercises and taking community input for Name and Logo changes before voting. In addition, the Design Team is working on a number of Logo options that will be shared when further into the process.
  • The team is working on a swap tool for the tracking tokens from staking rewards, and more information will be released on this once completed (built and testing currently).
  • Token holders can use beta.FEGex.com to see the prices & charts of $FEG, which are being pulled from major exchanges such as Uniswap (ETH) & PancakeSwap (BSC).

Further, as an added precaution, the team advised that the token migration has NOT begun and advised the public NOT to fall for fake token Migration apps, TG groups, websites, etc.

Source

What is Feed Every Gorilla(FEG):

FEG explains the main idea behind its token is to provide a decentralized transaction network that operates on the Ethereum blockchain and the BNB Chain. A hyper-deflationary token, FEG has a maximum circulating supply of 100 quadrillions on both the aforementioned chains, including 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. The team is keen to stress that there is no burn limit, and with this being the case, users will enjoy a ‘never-ending cycle of passive income with positive price pressure.’

Where to Find FEG:

Website | Twitter | Telegram

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