Fei USD FEI
FEI
0.8215
£
0.95 %
Change 24h
Market Cap
£ 14,000,988
Volume 24h
£ 1318.6
Circulating Supply
17,046,300
Total Supply
535,059,000
FEI
£
Description
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.
Fei Labs is the team that created FEI, a highly scalable, decentralized, and reserve-backed stablecoin that can meet DeFi’s needs without relying on centralized assets for collateral, that unlocks next-generation integration potential. Our mission is to be the stable coin of DeFi backed by some of the top minds in the space, including a16z, Nascent, Variant, Coinbase,