FEG is an EXPERIMENTAL progressive deflationary DeFi token built to succeed
The main idea behind FEG is to provide a decentralized transaction network which operates on the Ethereum blockchain. The path forward for FEG is determined by market fluctuations, but the model it runs on begs FEG to succeed.
FEG is a deflationary token with a max circulating supply of 100 Quadrillion. On each transaction, a tax of 1% will be distributed to the holders and a further 1% will be burnt, hence incentivizing holders to hodl and decreasing the supply overtime. As the supply decreases, the scarcity of the token increases. This inversely-proportional relationship constitutes a supply and demand model. Furthermore, there is no limit as to how many tokens can be burnt. Without a burning limit you know what happens next.
FEG is fully decentralised, there is no one main owner of the token. All decisions are made in the communities favor.
Each transaction triggers a burn rate of 1%, which decreases the supply of FEG overtime.
FEG rewards its holders with a 1% tax on each transaction to punish weak hands.
FEG is planned to advance further into the crypto space by releasing innovative products which will ensure the sustainability of the token.
Breakdown of the FEG tokenomics
Design & Creation
Further ecosystem development
FEGtrack Mobile APP
Future potential partnership announcements
LEGAL & RISK
The information provided on this website does not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the website's content as such. The FEG team does not recommend that any cryptocurrency should be bought, sold, or held by you. Do conduct your own 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 and its team. Although FEG is an EXPERIMENTAL token for social experiment and not a digital currency, the team strongly recommends that United States persons do not purchase it because the team cannot ensure compliance with United states regulations. Always make sure that you are in compliance with your local laws and regulations before you make any purchase.
Please note there are always risks associated with smart-contracts. Please use at your own risk. FEG Token is not a registered broker, analyst or investment advisor. Everything that we provide on this site is purely for guidance, informational and educational purposes. All information contained herein should be independently verified and confirmed. We do not accept any liability for any loss or damage whatsoever caused in reliance upon such information or services. Please be aware of the risks involved with any trading done in any financial market. Do not trade with money that you cannot afford to lose. When in doubt, you should consult a qualified financial advisor before making any investment decisions.