CoinMooner Next Moonshot coin listing
MOONER+3.96%
$0.00489
BTC+3.08%
$30346
ETH+4.24%
$2043.6
BNB+4.38%
$313.20
MOONER+3.96%
$0.00489
BTC+3.08%
$30346
ETH+4.24%
$2043.6
BNB+4.38%
$313.20

FEG Token

FEG
Votes 36334
Today 0
1h
-1.33%
24h
-7.31%
Binance Smart Chain: 0xacfc95585d80ab62f67a14c566c1b7a49fe91167
Market cap $85,070,220.68Price $0.0000000007835634954Launch 2021-01-29

The main idea behind FEG is to provide a decentralized transaction network which operates on the Ethereum blockchain and the Binance smart chain (BSC). The path forward for FEG is determined by market fluctuations, but the model it runs on begs FEG to succeed.

FEG is a deflationary token with a max circulating supply of 100 Quadrillion. On each transaction, a tax of 1% will be distributed to the holders and a further 1% will be burnt, hence incentivizing holders to hodl and decreasing the supply overtime. As the supply decreases, the scarcity of the token increases. This inversely-proportional relationship constitutes a supply and demand model. Furthermore, there is no limit as to how many tokens can be burnt. Without a burning limit you know what happens next.

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