Feed Each Gorilla Token (FEG) is a deflationary governance token of the FEG ecosystem, which incorporates decentralized alternate and a number of other passive revenue incentives.
FEG token is supposed to reshape the working mannequin of decentralized transaction networks.
The token went dwell on Ethereum and Binance Sensible Chain networks in early 2021.
State of Mission
Goals to supply a decentralized transaction community, which operates on the Ethereum blockchain and the Binance Sensible Chain (BSC).
Deflationary token with 100 quadrillions (100,000 trillion) max provide. Burns tokens with every transaction.
Incentivizes holding by distributing a 1% transaction charge amongst holders.
Offers the decision-making rights for decentralized alternate FEGex.
Can be utilized for swapping, staking, creating wrapped tokens, or locking FEGs within the liquidity swimming pools (Uniswap/PackeSwap/FEGex).
Web site & Whitepaper:
Offers service description, whitepaper, tokenomics and rewards documentation, audit evaluation, contacts.
Whitepaper offers an outline of companies however provides no details about the underlying know-how, options or strategies which were used to develop them.
Beta model of FEGex, a bridge that makes cross-chain swaps doable between the 2 blockchains.
Direct swapping, staking, wrapping, inside liquidity locking options can be found.
SmartDeFi know-how carried out. Makes DeFi rug-proof, reduces fuel charges, higher rewards by frictionless yield.
Additional growth and UI redesign plans for FEGex cross-chain bridge.
Implementation timelines not specified.
Declaration of an upcoming growth to Avalanche, FTM and Polygon blockchains.
100% of liquidity generated by public listings (UniSwap, PancakeSwap, FEGex).
Contradiction on FEG presale info (whitepaper says none presale occurred, official blogpost says 700 BNB value presale accomplished on Binance Sensible Chain).
Has 19 admins and nearly 30 social media moderators.
The roles of admins usually are not specified.
The entire workforce cover their identities.
They’re all reachable by way of social media accounts, created quickly after the FEG token launch. The complete workforce checklist is right here.
FEG is the official associate of the Pan African Sanctuary Alliance (PASA), an alliance of African wildlife safety facilities throughout 13 international locations.
Token has no enterprise capital traders.
Big follower bases on Twitter (311K), Instagram (141K) and Telegram (131K), Reddit and Discord include decrease numbers (over 13K every).
No official LinkedIn account.
Energetic communication, posts on achievements, listings, give-aways.
“To the moon” kind communities.
Outdoors communities customers declare the dearth of strong discussions and blocking for important opinion.
Max provide: 100 quadrillion tokens
Circulating provide: 41 quadrillion
Market cap: $358 million
Buying and selling quantity: Usually under $10M/24h. Over $200M at value ATH.
UniSwap, PankaceSwap and different DEXes on each blockchains. Verify up the total checklist.
Upcoming itemizing on BitMart CEX. On-line analysis warns, an alternate is presumably a rip-off, that freezes funds with out explanations and replies from assist.
57% of FEG provide on the Ethereum community. 54% on BSC (numbers offered by official audit).
90K wallets on Ethereum. Nearly 74% of them are wallets holding over $3M FEG every.
Over 800K wallets on BSC. Almost 30 wallets maintain greater than $1M value of FEGs.
Accessible by way of Belief Pockets, MetaMask, Binance Chain Pockets wallets.
FEG reached ATH 3 months after launch. Misplaced over 50% in 10 days since. The token is 80% down from the all-time excessive on the time of writing.