The FEG Token team is buzzing about the imminent launch of the Smart DeFi 2.0 upgrade, while the official account released a new project roadmap.
Release of FTW Slides to Q2
The FEG Token team has been putting out glimpses of and chatter about their work on their Smart DeFi 2.0 product, in anticipation of the impending launch which is still set for the first quarter of the year.
Team member Cos tweeted that the upgraded FEG token protocol “is ready to use by the #FEG family.”
Dev team member Bal Gu said testing on the migration tool is nearly done.
And team member PrinceZF said a marketing push is coming soon.
The official FEG account issued an updated roadmap, showing that the debut of Smart DeFi 2.0 is still on for the first quarter of 2023, but that other initiatives, such as the launch of its From-the-Wallet (FTW) limit-order trading platform, have slid back into the second quarter of the year.
What is FEG Token:
FEG explains the main idea behind its token is to provide a decentralized transaction network that operates on the Ethereum blockchain and the BNB Chain. A hyper-deflationary token, FEG has a maximum circulating supply of 100 quadrillion on both the aforementioned chains, including an inaccessible burn wallet. A 2% transaction tax is distributed among all holders based on the percentage of ownership, including the burn wallet, which acts as a holder that collects tokens over a period in which transactions occur. The team is keen to stress that there is no burn limit, and with this being the case, users will get to enjoy a “never-ending cycle of passive income with positive price pressure.”
Where to find FEG:
Source : bsc.news
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