|24h High||24h Low||All-Time High||ATH Date||All-Time Low|
|Country of Origin||US|
|Genesis Date||20th October 2021|
|Max Coin Supply||514,022,897|
Fei Protocol (fei) is a digital asset ranked as #154 in BitCourier Cryptocurrency List with market capitalisation of £371.44 M. Pound Sterling. In the last 24 hours Fei Protocol's trading volume exceeded £36.61 M.
Current price - £0.7231 GBP. Exchange rate fei to USD is $1.00 for one coin.
During the last calendar year Fei Protocol price was volatile and had both periods of growth and decline. In particular in the last 7 days the price changed by -1.95%. (fei)'s peak price (All-time high) was £0.78 per coin, this point was reached on 19th May 2021 . From that moment till today Fei Protocol has lost -7.54% in value.
Ratings by crypto community, developers and liquidity are 9.482, 0.000, 49.947.
Fei Protocol is a scalable and decentralized algorithmic stablecoin in Decentralized Finance (DeFi). This protocol uses a liquidity collateralized model to maintain a liquid market to ensure close trading of ETH/FEI and ETH/USD through direct incentives. The protocol maintains liquid secondary markets while remaining capital-efficient, full decentralized and with fair distribution of its assets. This blockchain project is Joey Santoro, Sebastian Delgado, and Brianna Montgomery, launched in December 2020.
This protocol is built on Ethereum comes with two coins. FEI, ERC-20 token, runs on a modified OpenZeppelin ERC-20 Burnable code while TRIBE is the governance token. It is secured by the power of the Ethereum network and Ethash Proof-of-Work. The TRIBE token is necessary for all in-protocol upgrades. In contrast, New TRIBE tokens are released through bonded FEI/TRIBE Uniswap LP tokens. Fei Protocol is well known as the stablecoin with fair distribution in DeFi space.