by BSC News
July 14, 2022
Plans include updated FEGtrack, staking rewards, exchange-less buying and selling, and more.
Feed Every Gorilla (FEG) announced a new roadmap July 11 detailing plans for the Decentralized Exchange (DEX) for the next nine months.
Built to redesign the structure of Decentralized Finance (DeFi), the FEG Ecosystem comprises the FEG Exchange (FEGex) and SmartDeFi, according to its whitepaper. The FEG token is a hyper-deflationary governance token within the FEG ecosystem.
Let’s take a look at some of the things you should expect from the project, according to its new roadmap:
Q3 2022
Q4 2022
Q1 2023
In the coming year, FEG intends to release its FTW technology on Avalanche, Fantom and Polygon. It also wants to explore listing its FEG token on popular centralized exchanges.
FEG explains the main idea behind its token is to provide a decentralized transaction network that operates on the Ethereum and BNB Chains. A hyper-deflationary token, FEG has a maximum circulating supply of 100 quadrillions on both the chains above, 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:
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