Equity Overview
Price & Market Data
Price: $0.0₄908
Daily Change: +$0.0₆137 / 0.15%
Range: $0.0₄894 - $0.0₄939
Market Cap: $521,412
Volume: 0
Details
The main idea behind FEG is to provide a decentralized transaction network which operates on the Ethereum blockchain. The path forward for FEG is determined by market fluctuations, but the model it runs on begs FEG to succeed.FEG is a fully decentralized deflationary token with a max circulating supply of 100 Quadrillion. On each transaction, a tax of 1% will be distributed to the holders and a further 1% will be burnt, hence incentivizing holders to hodl and decreasing the supply overtime. As the supply decreases, the scarcity of the token increases. This inversely-proportional relationship constitutes a supply and demand model. Furthermore, there is no limit as to how many tokens can be burnt.Telegram | Discord | Instagram | YouTube | TikTok