Company attributes
Cryptocurrency attributes
Other attributes
FEG Token, also known as $FEG, is a decentralized transaction protocol that has a unified token. It is a governance token for the FEG ecosystem and exists on Ethereum and BNB Chain. It was created by a developer who uses a pseudonym, so the true identity of the founder is unknown.
FEG is an acronym that means "Feed Every Gorilla" and it was launched in early 2021.The FEG token is set to be merged with the ROX token to create a hybrid token, but the date of that merger has yet to be decided.
$FEG can be bought on decentralized exchanges (DEX), such as Pancake Swap; centralized exchanges, including Gate; and fiat/crypto bridges. When it was first launched, holders could stake it on FEGex, the decentralized exchange of the FEG ecosystem. Staking of the token could provide holders with multiple streams of passive income. There is a 2 percent transaction tax to take part in the use, staking, and exchange of $FEG.
There was a migration planned for early 2023, after which 2 percent of total volume would have gone directly to staking rewards; however, there was a defect in the migration tool. A hacker attempted to perform a massive extraction of liquidity, and the team behind $FEG halted the migration. As of March 4, 2023, it has not started operating again.
