FEG Tokenomics
Last updated
Last updated
The entire supply of FEG is 100 billion tokens, and the circulating supply will decrease in time because FEG continues to burn through tokenomics taxes.
Staking
1%
1%
Asset Backing
0%
0.5%
Marketing & Development
0%
0.5%
Liquidity injection
0%
1%
Burn
2%
2%
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FEG incorporates tokenomics designed to align with the project's current growth objectives and propel it forward during the next crypto bull market. It ensures the project will have the necessary funds to become a household name and a leading DeFi project.
The tokenomics structure is as follows:
Staking Rewards:
This rewards token holders who stake their tokens. This feature supports the project's focus on passive income for investors and degens.
Asset-Backed Liquidity:
The asset-backing pool continuously grows in the form of the native blockchain coin; this allows token holders to burn their Token for the backing amount or take an interest-free against their holdings.
Marketing and Development Budget:
These funds promote the project and support development, ensuring and maintaining the project's ecosystem infrastructure (servers, Web3 infrastructure, etc.).
Liquidity Pool Expansion:
Contributes to expanding the project's liquidity pools which ensures greater stability in the Token's price impact, especially during significant activity periods.
Burn to decrease supply:
To ensure the project circulating supply will keep decreasing, 0.2% of buys and sells will auto-buy and burn FEG and inject the backing back into the asset backing pool