Giorgi Kostiuk
a minute ago
The Fei system and software (the “Fei Protocol”) is an autonomous system of smart contracts on the Ethereum Blockchain that permits, among other things, the generation of Fei, transactions using smart contracts, and lending and borrowing of cryptocurrencies.
FEI uses a new kind of stablecoin mechanism called direct incentives. It is more capital efficient, has a fair distribution, and is fully decentralized. The protocol uses the value it controls to maintain liquid secondary markets.
Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.