In this #FEG minute video we talk about FEG winning the Best Defi Technology Award at Dubai Crypto Expo 2022, Big Shiba Inu DAO and the benefits for FEG, gasrebates, USCT (Universal Stable Cent), staking v3 and more.
FEG Token is redesigning the way decentralized finance (DeFi) is structured. FEG Token is focused on reshaping and evolving how DeFi works completely while delivering the most robust ecosystem ever designed for DeFi’s much-needed advancements.
FEG Token is a hyper-deflationary token with a maximum circulating supply of 100Q (quadrillion) on both the Ethereum blockchain and the Binance Smart Chain that involves an inaccessible burn wallet. Depending on each holder’s percentage of ownership, a 2% transaction tax is distributed among all holders—this includes the burn wallet, which is essentially a holder that collects more tokens over time as transactions occur. As the circulating supply decreases, the scarcity of the token increases. This inversely proportional relationship constitutes a supply and demand model. There is no limit as to how many tokens can be burnt. Without a burning limit, holders get to enjoy a never-ending cycle of passive income with positive price pressure!
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The information provided in this material does not constitute investment advice, financial advice, trading advice, or any other sort of advice. You should not treat any of the material’s content as such. This material is for informational purposes only and is not (i) an offer, or solicitation of an offer, to invest in, or to buy or sell, any interests or shares, or to participate in any investment or trading strategy, (ii) intended to provide accounting, legal, or tax advice, or investment recommendations, or (iii) an official statement of FEG Token. No representation or warranty is made, expressed or implied, with respect to the accuracy or completeness of the information or to the future performance of any digital asset, financial instrument, or other market or economic measure. The FEG Token team does not recommend that any cryptocurrency should be bought, sold, or held by you. Do conduct your due diligence and consult your financial advisor before making any investment decisions. By purchasing FEG, you agree that you are not purchasing a security or investment, and you agree to hold the team harmless and not liable for any losses or taxes you may incur. You also agree that the team is presenting the token “as is” and is not required to provide any support or services. You should have no expectation of any form from FEG Token and its team. Although FEG is a community-driven decentralized finance (DeFi) token for social networking and not a registered digital currency, the team strongly recommends that citizens in areas with government bans on cryptocurrencies do not purchase it because the team cannot ensure compliance with established regulations within certain territories. Always make sure that you comply with your local laws and regulations before you make any purchase.