Today we talk about FEG Token.
🚨 Multichain DeFi project deployed in 2021, originally as memetoken. However, it didn't take long for the team behind FEG to turn the project into a development powerhouse.
🚨Let's delve deeper
🔥 It is early February of 2021, the bulls have launched an all-out assault on bears, market is seemingly going 'UP-ONLY', no visible end of suffering on horizon for bears.
🚨FEG Token is deployed and it is only a few weeks after it prints new millionaires. MemeTokens season had begun. FEGtoken, led by Shiba as a first-mover, is making astronomical gains, which was not a commonplace until 2021 memeseason .
✅Profits like those were unheard of, with legacy projects.
🚨It doesn't take long for others to follow. And so begins the phenomenon called memeseason, it was the first of its kind in 2021.
🚨 Now that we understood, that FEG was one of the first-movers and initiators of "Memecoins", let's continue to delve deeper.
✅Launched in February 2021, FEGtoken was never intended to become as big as the owners first expected. Just like ShibaInu .
🚨It was a multichain deployment both on ETH and BSC. Splitting liquidity between BSC and ETH was very popular in 2021.
🚨FEG minted 100Q (quadrillion) tokens on both BSC Mainnet and ETH. Liquidity was provided on PancakeSwap and Uniswap.
🚨During its' peak, FEG had more than $1B Market Cap on each of its chain, totaling more than $2B in combined valuation across the multichain pools.
✔️50B tokens are in circulation, with half of the supply burned - on both chains.
🚨FEG had to go through a redeployment of Contracts, and the most recent deployment is audited by Peckshield, so it's a safe play - chainwise.
🚨Now that we touched base, let's talk about what we have on hand right now.
🆒FEGtoken Team has done an absolutely incredible job when it comes to both development and marketing.
🛍@FEGrox being the lead developer and @ste_cha leading the marketing front.
🚨 Billboards, merch, clothing, bus tours, race track sponsorships and on and on, FEG marketing team was busy, very busy. Thousands of hours were put in to make the project stand out from the crowd, and trust me the crowd was big back then.
🚨The dev team did wonders, releasing features after features. Let's get deeper into what they offer:
✅SmartDefi Protocol - FEG patent. Built-in lending, self-utilization as a collateral. Crazy, right?
✅Asset with a baseline value! You deploy a token using SmartDefi and suddenly your token has a guaranteed floor, below which the price does not break down. Every buy and sell transaction increases your tokens Baseline Value!
✅Multichain Launchpad - for ETH and BSC mainnets. It's so easy to deploy a token that a potato can do it.
✅FTW: a wallet-to-wallet trading - another #FEG patent which is absolutely mind-bogging if they manage to get a fully audited release on that protocol.
⚡️It will be deployed on both Chains and allow you to TRADE from wallet to wallet, BYPASSING the CEX & DEX LP (liquidty pools)
📢This idea, if it ever sees the light, will revolutionize the way we trade or exchange Crypto assets.
✅They are working on Aggregator, a protocol that cuts gas fees for people trading on any DEX that was forked from the source code of Uniswap (which is all of them)
✅ Grafene - a wallet, #FEG patent that was announced at '22 Dubai Expo. $100k prize was put in for anyone who cracked it. FEG shared the seed phrase for the wallet, and despite that, nobody has got into the wallet.
🔼Grafene provides triple-layer security. It's next level.
🚨This long thread wraps up the best of #FEG protocols, but there's more to the project. You should check it out. Do not linger on hopes of becoming a millionaire overnight.
⭕️Chart is dead. PA is gone. Taxation has tanked the token. Volume is gone.
✌️ But, If you are looking to deploy a token on the most advanced Launchpad out there, SmartDefi technology is for you. Utility over short-term Price Action. Utility wins. Build something useful. Thanks for having the nerve to read this 📢🤣
