Fei USD Token Live price data
The live price of Fei USD Token today is 1.000092028720486192 USD. $fei It is down 0,00 from the last trading day! We update our USD to fei every 10 minutes!
Fei USD Has a Market Cap of 539,156,021 USD and is down 0,00% in the last 24H!
What Is Fei USD (fei)?
FEI uses a new kind of stablecoin mechanism called protocol controlled value (PCV). 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.
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. Our mission is to be the stable coin of DeFi backed by some of the top minds in the space, including a16z, Nascent, Variant, Coinbase,
Fei v2 launches in late 2021, bringing 1:1 redeemability, TRIBE buybacks/backstop, and algorithmic PCV management: https://medium.com/fei-protocol/introducing-fei-v2-6f56afe7a1b5
What Is Fei USD (fei) contract address??
The contract address for the Fei USD is 0x956f47f50a910163d8bf957cf5846d573e7f87ca and it can be found on eth network.
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