Crypto Market Cap$2,111,471,977,9433.07%
Staking Market Cap$633,558,222,4187.47%
Locked in Staking$146,523,582,3205.7%
Proof of Stake Dominance58.68%1.36%
Average Reward Rate14.95%-1.07%
Average Total Staked23.13%-1.65%
Crypto Market Cap$2,111,471,977,9433.07%
Staking Market Cap$633,558,222,4187.47%
Locked in Staking$146,523,582,3205.7%
Proof of Stake Dominance58.68%1.36%
Average Reward Rate14.95%-1.07%
Average Total Staked23.13%-1.65%
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Fei Protocol

FEI

About

Fei Protocol is new kind of stablecoin which uses a mechanism called direct incentives.

$1,005,406,078

7d
30d
90d

+22.89%

$0.9821

FAQ's

  • What is Fei Protocol?

    FEI uses a new kind of stablecoin mechanism called direct incentives. It is more capital-efficient, has a fair distribution, and is fully decentralized. The protocol uses the value it controls to maintain liquid secondary markets.

    The Fei Protocol mission is to be the stable coin of DeFi backed by some of the top minds in the space, including a16z, Nascent, Variant, Coinbase,

  • How was Fei Protocol launched?

    Launched on March 31, 2021, at 12:01 pm PT, anyone could secure Fei Protocol by committing ETH for FEI at app.fei.money. FEI and TRIBE were released at the end of Genesis on April 3, 2021, at 12:01 pm PT.

  • Who is the Team behind Fei Protocol?

    Fei Labs is the team that created FEI, a highly scalable, decentralized, and reserve-backed stablecoin that can meet DeFi’s needs without relying on centralized assets for collateral, that unlocks next-generation integration potential.

    Joey Santoro – Founder

    Sebastian Delgado – Co-Founder

    Brianna Montgomery – Co-Founder

Last updated: 2021-05-12 18:35:17