FEG Token is an innovative decentralized finance (DeFi) project, distinctly designed with the aim to transform and evolve the functioning of DeFi. Building the most robust ecosystem for much-needed advancements in DeFi, FEG Token delivers a hyper-deflationary DeFi token designed to succeed.
Decentralized Transaction Network
The FEG Token hinges on the idea of providing a decentralized transaction network. This network operates on both the Ethereum blockchain (ERC-20) and the Binance Smart Chain (BEP-20). The progression path for FEG Token is influenced by market fluctuations. However, the model it operates on ensures the potential success of FEG Token.
Hyper-Deflationary Design
FEG Token is a hyper-deflationary token with a maximum circulating supply of 100Q (quadrillion) on the Ethereum blockchain and the Binance Smart Chain. This design incorporates an inaccessible burn wallet. A 2% transaction tax is distributed among all holders based on their percentage of ownership. This includes the burn wallet, effectively a holder, accumulating more tokens as transactions occur.
Supply and Demand Model
As the circulating supply decreases, the scarcity of the token increases, creating an inversely proportional relationship. This dynamic sets up a supply and demand model. With no limit to the number of tokens that can be burnt, holders experience a never-ending cycle of passive income with positive price pressure!
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