About
Feed Every Gorilla Token (FEG) is a deflationary governance token of the FEG ecosystem, which includes decentralized exchange and several passive income incentives.
FEG token is meant to reshape the working model of decentralized transaction networks.
The token went live on Ethereum and Binance Smart Chain networks in early 2021.
State of Project
Aims to provide a decentralized transaction network, which operates on the Ethereum blockchain and the Binance Smart Chain (BSC).
Deflationary token with 100 quadrillions (100,000 trillion) max supply. Burns tokens with each transaction.
Incentivizes holding by distributing a 1% transaction fee among holders.
Provides the decision-making rights for decentralized exchange FEGex.
Can be used for swapping, staking, creating wrapped tokens, or locking FEGs in the liquidity pools (Uniswap/PackeSwap/FEGex).
Website & Whitepaper:
Provides service description, whitepaper, tokenomics and rewards documentation, audit review, contacts.
Whitepaper provides a description of services but gives no information about the underlying technology, solutions or methods that have been used to develop them.
Development stage:
Beta version of FEGex, a bridge that makes cross-chain swaps possible between the two blockchains.
Direct swapping, staking, wrapping, internal liquidity locking features are available.
SmartDeFi technology implemented. Makes DeFi rug-proof, reduces gas fees, better rewards through frictionless yield.
Roadmap:
Further development and UI redesign plans for FEGex cross-chain bridge.
Implementation timelines not specified.
Declaration of an upcoming expansion to Avalanche, FTM and Polygon blockchains.
Fundraising:
100% of liquidity generated through public listings (UniSwap, PancakeSwap, FEGex).
Contradiction on FEG presale information (whitepaper says none presale happened, official blogpost says 700 BNB worth presale done on Binance Smart Chain).
Team
Has 19 admins and almost 30 social media moderators.
The roles of admins are not specified.
The whole team hide their identities.
They are all reachable via social media accounts, created soon after the FEG token launch. The full team list is here.
FEG is the official partner of the Pan African Sanctuary Alliance (PASA), an alliance of African wildlife protection centers across 13 countries.
Token has no venture capital investors.
