FEG Token (FEG) Crypto Exchange

FEG Token, or ”Feed Every Gorilla”, is a deflationary token based on the Ethereum network and BNB Smart Chain. The token was launched in 2021 by a developer that goes under the pseudonym ”FEGrox”. However, the ownership of FEG Token has become fully decentralized after being renounced by the owner. The project aims to create a decentralized transaction network and make DeFi more accessible and secure.

Token’s deflationary nature was strengthened by the initial burn where 50 quadrillion tokens were burnt, considering 100 quadrillions is the token’s maximum supply. There is also a 2% transaction tax placed upon every transaction, half of which is burnt and the other half is distributed among the holders. The FEG project has also been audited by Solidity Finance, a platform created for smart contract audits. The FEG token is the governance token of the network and fuels the FEG ecosystem, including FEGex, FEGfaucet, and fwraps.

By the end of 2022, the team behind the FEG Token is planning to merge the ecosystem’s two tokens: ROX and FEG. The combination of two tokens will become a SmartDefi hybrid token and bring around new tokenomics and mechanics. FEG holders will have to manually migrate their tokens and ROX holders will receive the hybrid token via airdrop.