FEGtoken
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HUGE CRYPTO EVENT IN HONG KONG TODAY !
MoveandPioneer is a full international #crypto2023 event and everyone is welcome 🙏🏻 to join the fun !
#FEGtoken has front seats !
MoveandPioneer is a full international #crypto2023 event and everyone is welcome 🙏🏻 to join the fun !
#FEGtoken has front seats !
So, what is #FEGtoken ? FEGtoken is the Asset-Backed & Passive Income earning ‘Governance’ token of its fully ‘Decentralized’ ecosystem, operating on the Ethereum blockchain (ERC-20) & Binance Smart Chain (BEP-20) and launched from our fully audited SmartDeFi ™ token launchpad
#FEG Asset-Backing creates a Store-of-Value with an ever-rising baseline; FEG is backed by ETH or BNB (depending on the blockchain) generated through trade volume on Decentralized & participating Centralized Exchanges
#FEG Asset-Backing creates a Store-of-Value with an ever-rising baseline; FEG is backed by ETH or BNB (depending on the blockchain) generated through trade volume on Decentralized & participating Centralized Exchanges
Infinite staking rewards with the SmartDeFi protocol
With the SmartDeFi™ LaunchPad, developed by FEG, right around the corner, I wanted to take the opportunity to try to explain in simple terms what it can mean for you and the possibility to earn infinite rewards simply by staking $FEG.
What is SmartDeFi™?
Let's first cover the basics. The SmartDeFi™ protocol has been developed by #FEGtoken during this last bear market, but was visioned a long time before that as well.
SmartDeFi™ and its LaunchPad allows any average user to create on the fly what is arguably the most advanced crypto token available to the public at this time, on either $BNB Smart Chain or on $ETH , with plans to expand to other blockchains in the near future. This technology is made available through the SmartDeFi™ Token Launchpad - FREE of charge. It's a protocol released from the $FEG Ecosystem, and it is one of the cornerstones and the foundation in the project's success for the future. I'll cover more about the full protocol in another article.
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SmartDeFi™ Staking
Today, we are looking into one of the many out-of-the-box utilities within the SmartDeFi™ protocol; SmartDeFi™ Staking. We can divide it into two, staking of the governance token $FEG, and staking for all other SmartDeFi™ tokens.
In this article I'll be covering "Staking of the governance token $FEG". If you are staking $FEG there will soon be multiple streams rewarding you by doing that. Let's look closer to the different streams you'll be earning rewards from:
FEG tokenomics: 1% of every buy and 2% of every sell is going directly to FEG stakers. This means as long as there is volume, there will be rewards coming your way in FEG. The greatest benefit of this is that your stake compounds, so your staked amount of FEG will increase over time. Protocol fee: From all tokens launching of the SmartDeFi™ LaunchPad there is a set protocol fee of 0.5% that FEG allocates as they need. As of now, 0.1% of the 0.5% will go directly to FEG stakers as wBNB/wETH rewards (depending on the chain you are staking). This means that you will get rewards from every buy and sell from all SmartDeFi™ tokens.SmartDeFi™ token staking fee: As I mentioned earlier, the SmartDeFi™ protocol comes with a lot of utility out of the box. One of the utilities is Staking. This means that tokens launched from the SmartDeFi™ LaunchPad can deploy staking for their token in a click. If they choose to, there is a staking fee at 1% of said token that is rewarded to FEG stakers. This means that by staking FEG, you will be rewarded with all tokens deploying staking for their token. If 100 projects activate staking, you'll receive rewards from all 100 projects. Imagine if one of those tokens skyrockets, and you already have a bag of them just by staking $FEG.Other coming streams: As everything within the $FEG Ecosystem is being built for the users, there will be additional reward streams for FEG stakers from upcoming utility (FTW & Aggregator).
Other highlights when staking FEG on the SmartDeFi™ Staking protocol:Zero fees: No deposit or withdrawal fees for staking your FEGNo lock-in periods: FEG allows you to stake and unstake at anytimeAutomatic compounding: Your rewards get auto distributed & compoundedUpgradeable: The contract requires no action from users when staking contract gets upgraded
I call this staking on steroids! 🚀
If you are interested in infinite rewards, and learn more about it, check out the FEG ecosystem and connect with the community.
What is SmartDeFi™?
Let's first cover the basics. The SmartDeFi™ protocol has been developed by #FEGtoken during this last bear market, but was visioned a long time before that as well.
SmartDeFi™ and its LaunchPad allows any average user to create on the fly what is arguably the most advanced crypto token available to the public at this time, on either $BNB Smart Chain or on $ETH , with plans to expand to other blockchains in the near future. This technology is made available through the SmartDeFi™ Token Launchpad - FREE of charge. It's a protocol released from the $FEG Ecosystem, and it is one of the cornerstones and the foundation in the project's success for the future. I'll cover more about the full protocol in another article.
______
SmartDeFi™ Staking
Today, we are looking into one of the many out-of-the-box utilities within the SmartDeFi™ protocol; SmartDeFi™ Staking. We can divide it into two, staking of the governance token $FEG, and staking for all other SmartDeFi™ tokens.
In this article I'll be covering "Staking of the governance token $FEG". If you are staking $FEG there will soon be multiple streams rewarding you by doing that. Let's look closer to the different streams you'll be earning rewards from:
FEG tokenomics: 1% of every buy and 2% of every sell is going directly to FEG stakers. This means as long as there is volume, there will be rewards coming your way in FEG. The greatest benefit of this is that your stake compounds, so your staked amount of FEG will increase over time. Protocol fee: From all tokens launching of the SmartDeFi™ LaunchPad there is a set protocol fee of 0.5% that FEG allocates as they need. As of now, 0.1% of the 0.5% will go directly to FEG stakers as wBNB/wETH rewards (depending on the chain you are staking). This means that you will get rewards from every buy and sell from all SmartDeFi™ tokens.SmartDeFi™ token staking fee: As I mentioned earlier, the SmartDeFi™ protocol comes with a lot of utility out of the box. One of the utilities is Staking. This means that tokens launched from the SmartDeFi™ LaunchPad can deploy staking for their token in a click. If they choose to, there is a staking fee at 1% of said token that is rewarded to FEG stakers. This means that by staking FEG, you will be rewarded with all tokens deploying staking for their token. If 100 projects activate staking, you'll receive rewards from all 100 projects. Imagine if one of those tokens skyrockets, and you already have a bag of them just by staking $FEG.Other coming streams: As everything within the $FEG Ecosystem is being built for the users, there will be additional reward streams for FEG stakers from upcoming utility (FTW & Aggregator).
Other highlights when staking FEG on the SmartDeFi™ Staking protocol:Zero fees: No deposit or withdrawal fees for staking your FEGNo lock-in periods: FEG allows you to stake and unstake at anytimeAutomatic compounding: Your rewards get auto distributed & compoundedUpgradeable: The contract requires no action from users when staking contract gets upgraded
I call this staking on steroids! 🚀
If you are interested in infinite rewards, and learn more about it, check out the FEG ecosystem and connect with the community.
Exploring the Potential of FEG BSC and Zano Cryptocurrencies
Cryptocurrencies have become a significant player in the global financial landscape, offering innovative solutions and investment opportunities. Among the myriad of digital assets available, two intriguing projects have gained attention: FEG BSC and Zano. Let's delve into these cryptocurrencies to understand their unique features, potential, and impact on the crypto space.
#FEGtoken #FEG #ZANO #trendingtoday
Cryptocurrencies have become a significant player in the global financial landscape, offering innovative solutions and investment opportunities. Among the myriad of digital assets available, two intriguing projects have gained attention: FEG BSC and Zano. Let's delve into these cryptocurrencies to understand their unique features, potential, and impact on the crypto space.
#FEGtoken #FEG #ZANO #trendingtoday
#FEG BSC: Redefining DeFi Ecosystem
FEG Token, built on the Binance Smart Chain (BSC), stands out as a decentralized finance (DeFi) project aiming to revolutionize the space. FEG's primary focus lies in combating issues like high transaction fees and token scarcity prevalent in many blockchain networks. The token's innovative protocol incorporates several mechanisms to address these concerns.
Key Features of FEG BSC:
Reflection Mechanism: FEG employs a redistribution model where holders earn rewards through static reflection. Simply put, a percentage of each transaction is distributed among existing holders, encouraging long-term investment and holding.
Token Burn Strategy: To counter token scarcity and create scarcity-driven value, FEG implements a deflationary model by periodically burning tokens. This process reduces the total supply over time, potentially boosting the token's value.
Community-Driven Governance: FEG encourages community participation through decentralized decision-making. Token holders have a say in proposals and protocol changes, fostering a sense of ownership within the ecosystem.
Secure and Scalable: Being on the Binance Smart Chain, FEG benefits from its efficiency, low fees, and scalability, providing users with a seamless experience.
#FEGtoken
FEG Token, built on the Binance Smart Chain (BSC), stands out as a decentralized finance (DeFi) project aiming to revolutionize the space. FEG's primary focus lies in combating issues like high transaction fees and token scarcity prevalent in many blockchain networks. The token's innovative protocol incorporates several mechanisms to address these concerns.
Key Features of FEG BSC:
Reflection Mechanism: FEG employs a redistribution model where holders earn rewards through static reflection. Simply put, a percentage of each transaction is distributed among existing holders, encouraging long-term investment and holding.
Token Burn Strategy: To counter token scarcity and create scarcity-driven value, FEG implements a deflationary model by periodically burning tokens. This process reduces the total supply over time, potentially boosting the token's value.
Community-Driven Governance: FEG encourages community participation through decentralized decision-making. Token holders have a say in proposals and protocol changes, fostering a sense of ownership within the ecosystem.
Secure and Scalable: Being on the Binance Smart Chain, FEG benefits from its efficiency, low fees, and scalability, providing users with a seamless experience.
#FEGtoken