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finance.yahoo.com
2022-02-15
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SmartDeFi™ From FEG – DeFi 3.0
SmartDeFi™, the flagship cryptocurrency launchpad of the Feed Every Gorilla (“FEG”) Token project, is now live. SmartDeFi™ is a breakthrough in crypto technology bringing bare, unrivaled protection for investors, and the most cost-effective and streamlined means by which businesses, non-profits and governments can securely launch a cryptocurrency. Powered by industry-leading technology, SmartDeFi™ will eradicate rug pulls and honeypots, making it the safest way to invest in crypto. The SmartDeFi™ launchpad allows anyone to create and launch a new token or convert existing tokens, using a custom-built template that prevents all forms of smart-contract manipulation. Honeypots are impossible, and all liquidity is used to enable market trading of SmartDeFi™ tokens and is seamlessly locked forever within each token’s smart contract. When investors purchase a SmartDeFi™ token, they do so with the assurance that their funds cannot be stolen. SmartDeFi™ also introduces for the first time, a revolutionary Asset Backing technology. A new gold standard for crypto, each SmartDeFi™ token is backed by a separate locked pool of funds that consistently grows with each transaction. While the market price of a cryptocurrency typically fluctuates, the funds within this Asset Backing pool can never decrease. This ever-increasing Asset Backing pool gives SmartDeFi™ tokens a secondary price — an inherent value that investors can always access. No matter what happens to the market value of any SmartDeFi™ token, investors can elect to burn tokens in exchange for their share of the growing Asset Backing pool. Investors in SmartDeFi™ projects can also access the groundbreaking SmartLend platform. Each SmartDeFi™ token’s Asset Backing value can be leveraged towards interest-free, short-term loans. This innovative technology replaces traditional savings accounts by offering growing asset value without the need to sell holdings. Paired with the innovative Smart Rising Price Floor and fWrap technologies, which automatically build liquidity and bolster the SmartDeFi™ token’s price, investors can now cover real-world expenses while continuing to enjoy capital appreciation. The new SmartDeFi™ platform is the world’s first all-in-one cryptocurrency launchpad designed around ease of use and cost-effectiveness for project leaders, businesses and other organizations. Token creation on the SmartDeFi™ launchpad requires no coding, just a selection of variables, such as holder reflections and asset backing percentages. Liquidity is effortlessly migrated or generated using the SmartDeFi™ Deployer’s custom-built presale function, which securely transfers and locks raised funds within the new SmartDeFi™ token’s contract — all without third-party interaction. Each SmartDeFi™ token is an exchange within itself. Token creators can integrate a simple widget into their organization’s website, enabling rapid and secure trading without listing on any third-party crypto exchange. Because the SmartDeFi™ platform uses a highly secure contract template to launch tokens, there is no need for expensive crypto developers or contract audits. There are no launching fees and only a 0.5% fee on raised liquidity, so the total cost to launch a SmartDeFi™ token is tiny by current industry standards. Projects, businesses, non-profits and governments can now launch tokens in a few simple steps, allowing focus on marketing, growth and organizational goals, not token technology. The SmartDeFi™ revolution has begun. As perhaps the most innovative crypto technology since Bitcoin, SmartDeFi™ is changing the future of finance. Crypto investors can forget about rug pulls, honeypots and other manipulation attempts and theft. Asset Backing technology has changed the way we think about investments, replacing traditional savings with an ever-increasing and highly functional intrinsic value. No longer are organizations at the mercy of expensive third-party platforms to create and launch cryptocurrencies. SmartDeFi™ is here — bringing within reach for everyone the financial freedom that crypto technology promises. More Information About FEG and SmartDeFi SmartDeFi is the revolutionary cryptocurrency launchpad platform built by the FEG Token project and is a key component of the decentralized finance (DeFi) crypto exchange FEGex.com FEGex | The future of crypto exchange. FEGex (or “FEGexchange”) currently operates on Ethereum Mainnet and Binance Smart Chain, and will soon expand to several other leading blockchains. FEG and SmartDeFi is dedicated to providing safe, secure, and easy access to crypto markets through the development of cutting-edge technology. In addition to SmartDeFi, FEGex also offers asset growth opportunities with f-wrapping technology, portfolio tracking with FEGtrack, high-quality crypto market charting with FEGcharts, staking rewards, and much more. The FEG entire ecosystem is built around and powered by the FEG Token.
https://finance.yahoo.com/news/smartdefi-feg-defi-3-0-141200777.html
finance.yahoo.com
2022-02-08
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Build Your Next Token the SmartDeFi™ Way
GLASGOW, Scotland, Feb. 08, 2022 (GLOBE NEWSWIRE) -- via CryptoCurrencyWire -- The FEG project ("FEG," “FEG Token” or “FEGtoken”) today introduces SmartDeFi™, its revolutionary cryptocurrency launchpad platform. Crypto technology has grown at an astonishing rate in recent years, particularly over the last year. Adoption of cryptocurrencies continues to rise as organizations across the globe seriously consider incorporating crypto into their business models to foster growth, bring in new investors and expand their offerings with the power of the blockchain. Today, it’s easier, faster, more cost-effective and much more secure for businesses, nonprofit organizations and even governments to launch a cryptocurrency, thanks to a revolutionary new technology. SmartDeFi™, the Feed Every Gorilla (“FEG”) token project’s flagship technology, will modernize crypto by providing a hyper-secure and seamless platform by which anyone can launch and trade their own cryptocurrency. SmartDeFi resolves many of the security issues, costs and inconveniences associated with launching a new crypto project through traditional means. Prior to SmartDeFi™, launching a crypto project could cost tens of thousands of dollars, depending on several factors. While existing contracts can be replicated for little cost, custom contracts can alone reach thousands of dollars. Presales, or liquidity generation events, typically must be launched on third-party platforms that are separate from the exchanges on which trading will occur. The fees charged for launching a presale on existing platforms are typically percentage-based, so the costs can balloon to $10,000 or more, depending on the fundraising needs of the project. Furthermore, while some smaller firms offer contract auditing at a price range of $10,000 to $20,000, hiring trusted auditing firms can easily reach the realm of five to six figures, depending on the audit type and contract complexity. These and many other costs can quickly drive up a barrier to entry that makes launching a cryptocurrency all but impossible. Using SmartDeFi™, a single integrated platform, organizations can now launch a token, create and execute a presale and open trading with minimal effort. Since the only fees are a 0.5% presale fee and the transaction (or “gas”) fees needed for interactions with the blockchain, costs are negligible. If creating a token on the Binance Smart Chain, for example, the total gas fees paid during the entire process are under $30 U.S. There is no need to use a third-party service to lock the token’s liquidity since it is automatically locked forever within the contract itself. With the FEG SmartDeFi™ platform, anyone can create crypto projects from start to finish, with no technical knowledge required. Because SmartDeFi™ is a fully furnished token launchpad, there’s no need to develop or code any contracts. Depending on its use case, creating a token needs only a few variables to customize it, and SmartDeFi™ does the rest. Tokens launched are also inherently secure: Anti-bot protections are automatically integrated, rug pulls and honeypots are made impossible, and many other protections are inherent in each SmartDeFi token. The SmartDeFi seal means no expensive audits are necessary. Once launched, SmartDeFi™ tokens are automatically made available for purchase on FEGex.com, the premier decentralized finance exchange from the FEG token project. However, they are not restricted to this platform alone. Every SmartDeFi™ contract is an exchange within itself — there is no longer a need to interact with any exchange to buy or sell. Using a custom-built embedded widget, SmartDeFi™ token creators can easily and directly enable trading of their token on any webpage. Customers need only browse the company or project’s website, connect their crypto wallet using the embedded widget, and painlessly complete the transaction. By making transactions easy and seamless, this groundbreaking technology reduces complexity, removes obstacles for customers and can bolster adoption of the SmartDeFi™ token. SmartDeFi™ also features innovative new technologies that help creators market their tokens. Each token launched is integrated with asset backing, a quasi-gold standard for crypto. With each transaction, a small fee is levied and routed to a dedicated asset-backing pool, creating an ever-increasing baseline value. This secondary value will never decrease, giving investors peace of mind that their investment will always be valuable. Additionally, SmartDeFi™ introduces SmartLending — a protocol enabling investors to use their holdings as collateral for short-term, no-interest loans. Investors can leverage their tokens’ asset backing to cover real-world expenses, expand their portfolio or otherwise utilize their investment’s value without having to sell. As crypto adoption continues to grow around the world, businesses, nonprofit organizations, communities, governments and others are increasingly interested in leveraging the blockchain. The FEG token’s SmartDeFi launchpad protocol makes creating crypto assets easy and highly cost-effective while providing second-to-none security, safety and ease of use. With asset backing and SmartLending, customers and investors have unprecedented security and control over their investments. Teams launching SmartDeFi tokens will enjoy an incredibly streamlined process without the need for coding, multiple platforms or expensive fees. SmartDeFi is truly revolutionary and is making crypto a reality for everyone. About FEG and SmartDeFi™ SmartDeFi™ (SmartDeFi.com) is the revolutionary cryptocurrency launchpad platform built by the FEG Token project and is a key component of the decentralized finance (DeFi) crypto exchange FEGex | The future of crypto exchange. FEGex (or “FEGexchange”) currently operates on Ethereum Mainnet and Binance Smart Chain and will soon expand to several other leading blockchains. FEG is dedicated to providing safe, secure and easy access to crypto markets through the development of cutting-edge technology. In addition to SmartDeFi, FEGex also offers asset growth opportunities with fWrapping technology, portfolio tracking with FEGtrack, high-quality crypto market charting with FEGcharts, staking rewards and much more. The entire FEG ecosystem is built around and powered by FEG Token. SmartDeFi – SmartDefi.com FEGtoken – FEGtoken.com FEGecosystem Whitepaper – Whitepaper FEGex DEX – FEGex.com FEGtoken Official Telegram – https://t.me/FEGchat
https://finance.yahoo.com/news/smartdefi-feg-build-next-token-141200936.html
finance.yahoo.com
2022-02-02
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FEG Introduces SmartDeFi™ – a Revolution in Digital Assets
GLASGOW, Scotland, Feb. 02, 2022 (GLOBE NEWSWIRE) -- via CryptoCurrencyWire -- The FEG project ("FEG," “FEG Token” or “FEGtoken”) today introduces SmartDeFi™, its revolutionary cryptocurrency launchpad platform. Cryptocurrencies provide a fantastic opportunity to discover and invest in leading-edge technology and innovative solutions. Crypto technology has begun to radically revolutionize how people interact with each other, with the arrival and adoption of public financial ledgers, virtual reality via metaverses and much more. Approximately 3% of the world’s population has successfully capitalized on this new technology — a figure that has grown more than 2,300% in the past two years (according to Chainalysis.com). Since the beginning of 2021, the use of and investment into crypto has become more widely accepted as an alternative to traditional banking, as well as to stocks, commodities and even lending. As with any burgeoning industry attempting to gain adoption, crypto has sometimes received a negative stigma as high-risk, particularly due to the perceived threat of theft and the comparatively high volatility. While there are inherent risks associated with investing in crypto assets, the revolutionary SmartDefi technology developed via the FEG project is setting a new standard for safety, security and functionality, providing investors with peace of mind and opening the world of crypto to investors across the globe. SmartDeFi™ is a launchpad and investing platform that decentralized finance (“DeFi”) projects, charitable organizations and even companies or governments can use to create and trade a new crypto asset. These assets, typically called “coins” or “tokens,” equate to a share of ownership and can often provide investors with dividends (called “reflections”), high yields on vested portfolios (through “staking” functions) and the potential for significant return on investment through capital appreciation. Prior to the emergence of SmartDeFi, early crypto investors often faced a significant risk of becoming the victim of “rug pulls” or other financial theft. Additionally, and especially in the case of smaller tokens, an investment’s value could plummet within a matter of minutes as the result of malicious activity, rumors or any number of factors — quickly erasing significant value. Liquidity, or the liquid capital required for trading of crypto assets on the open market, is automatically locked into SmartDeFi™ smart contracts for eternity. Because of the cryptographic properties of the blockchain, this liquidity cannot be removed, which makes tokens “rug proof.” In addition, the SmartDeFi™ launchpad prevents malicious properties such as a “honeypot,” which would otherwise allow investors to buy but not sell their investments. These and other key features prevent financial theft, such as was seen with the high-profile “rug pull” of Squid Games, a scam using the likeness of the Netflix television series to gain popularity. SmartDeFi™ has also created the de facto gold standard in crypto through the development of a revolutionary asset backing technology. With every transaction, a small fee is levied and routed to a ledger that is entirely separate from the liquidity used to conduct market trading. This second pool of funds is permanently locked and can never be accessed, except through a function known as “burning” tokens. As transactions occur over time, this asset backing pool builds and creates an inherent value that cannot go down. Should an investment’s market price drop below the asset backing price, an investor can elect to burn their tokens and receive their share of the asset backing pool. Much like the gold standard that previously backed several national currencies, SmartDeFi™ provides a similar assurance in what is an evolution for digital asset investors Not only is SmartDeFi™ the most secure means of investing in the growing crypto market, but it also provides a groundbreaking new way for investors to leverage their holdings. SmartLending enables holders of any SmartDeFi™ token to take a 30-day loan, completely interest free, using the asset backing value of their holdings. Whether to pay for emergency medical care, to capitalize on an upcoming token launch or for any other real-world needs, this SmartLending technology introduces an easy and secure way for investors to utilize their holdings without being required to sell. This access to funding is truly landmark and can help investors plan for urgent expenses without the need to sell their valuable assets. With protections against “rug pulls” and similar financial scams, the FEG Token project’s SmartDeFi™ technology has introduced a token launchpad and investing platform that offers greatly enhanced security for investors. In addition, many of the risks associated with significantly higher volatility are greatly reduced with the introduction of the SmartDeFi™ asset backing, or gold standard, technology. Finally, the SmartLending functionality allows investors to take care of real-world expenses without the need to sell their investments and provides second-to-none peace of mind. While nothing can take away all risks associated with investing in crypto, investors across the globe can now rely on the SmartDeFi™ badge to attain a much greater sense of safety, security and financial freedom. About FEG and SmartDeFi™ SmartDeFi (SmartDeFi.com) is the revolutionary cryptocurrency launchpad platform built by the FEG Token project and is a key component of the decentralized finance (DeFi) crypto exchange FEGex | The future of crypto exchange. FEGex (or “FEGexchange”) currently operates on Ethereum Mainnet and Binance Smart Chain and will soon expand to several other leading blockchains. FEG is dedicated to providing safe, secure and easy access to crypto markets through the development of cutting-edge technology. In addition to SmartDeFi, FEGex also offers asset growth opportunities with fWrapping technology, portfolio tracking with FEGtrack, high-quality crypto market charting with FEGcharts, staking rewards and much more. The entire FEG ecosystem is built around and powered by the FEG Token. SmartDeFi – SmartDefi.com FEGtoken – FEGtoken.com FEGecosystem Whitepaper – Whitepaper FEGex DEX – FEGex.com FEGtoken Official Telegram – https://t.me/FEGchat
https://finance.yahoo.com/news/feg-introduces-smartdefi-revolution-digital-141200819.html
fegcentral.com
2022-01-08
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SmartDeFi is the platform Corporate America is waiting For
SmartDeFi is a minting platform set to be released by the community behind FEG, a decentralized cryptocurrency. The development team intends to introduce a new standard of token focused on the elimination of liquidity crypto scams, known as rugpulls, as well as smart contract features which will enable lending and asset backing capabilities. These features address many problems plaguing the crypto space today, and align with the expectations of a rapidly growing, and more knowledgeable crypto investor. One type of investor is corporations, which look at the current crypto landscape and see an innovation bonanza made entirely of hype and the application of computer programing to address stale financial practices. Some entities have taken the plunge to explore viral marketing possibilities. Companies like Long Island Ice Tea have seen 500% stock price increases just by adding the word Blockchain to their name. Budweiser has bought the beer.eth crypto domain address. Visa has bought Cryptopunks NFTs and Mcdonalds has created their own McRib NFTs. The future relationship between corporate brands and the cryptoverse seems inevitable. Companies already have the crypto equivalent in “points programs”. It’s been reported that Starbucks is the largest non-registered bank entity in the world. This is thanks to their points program. With over 12 million loyalty card members registered, and over $1 billion in cash stored at any given moment, anonymous bank officials say “The company functions more like a fintech than a coffee company.” This is true for a large number of brands who use apps, gift cards, and credit card agreements to capture and reserve money for exclusive use at their establishments. Open your wallet now and you can get a physical representation of what your crypto wallet will look like in 5 years. You will have your credit card which in the future may save your balance in “credit ” tokens. Crypto-centric credit cards already exist, like crypto.com cards which use CRO. Your Target gift card would be target coins, your Dunkin Donuts reload card would appear as DD tokens. If you are a small business owner, you may find your own token instead of a couponing system. Your future wallet could have coins set aside to pay property taxes like “Orange County coin” or saving for your next car with Honda token. As an example of why you would be a holder of Honda token, I offer simple theoretical tokenomics. When you bought your last Honda, you were given 1000 Honda tokens. While you hold this token in your wallet, you get a percentage of every buy or sale of a Honda car or service maintenance. You also get discounts for using Honda token instead of cash or other tender. This is a win-win for the consumer earning tokens toward repairs or a new car, and the manufacturer gets consistant brand loyalty. The future focus of sustaining a consistant community of loyal customers will create less wasted ad revenue. But why are there no Coca-Cola tokens? No Toyota coin? What is keeping name brand companies from creating their own cryptocurrency? The obvious answer is security. Companies do not want the PR nightmare of their loyal customer base being hacked. Unfortunately the same computer programing that drives innovation also opens the space to theivery. When anyone can make a cryptocurrency with wild parameters and pay influencers a few hundred dollars for perceived legitimacy, it truely does become the wild west of finance. New technologically complex scams mix with old fashioned social engineering hacks to create an uncertain and frightful place to put hard earned money. Exchanges where you can mint new tokens, could enforce restrictions on parameters when using their platforms, however, in the Decentralized space, every exchange uses a cloned open source version of a 2018 release of a platform called Uniswap. Since its release, the focus of each cloned exchange or “swap” is to offer the same services as Uniswap, with emphasis on using a unique governance token and offering “swapping” or exchanging one token for another, as a utilitiy. Since this code is two years old, and there’s no market to upgrade the code, no one is able to address the 2021 problems we face today. Instead companies like Certik evaluate projects and determine risk based on red flags they may find in the code. This inspection system is far from perfect, ultimately being an informed opinion made by a team of individuals in a field that’s only a few years old. This has led to a knowledgeable investor base which look for anecdotal evidence of a tokens success, and with so many tokens produced, by the time you find a safe token to invest in, the spotlight has moved on. So what is the solution? On April 1st 2021, the development team of the FEG token, lead by mysterious smart contract creator “FEGrox” released the FEG exchange, or FEGex for short. Created from scratch code, it was built from the ground up to tackle contemporary problems in the DeFi space. By starting with a new code authored in house, FEGex can offer unique utilities compared to the competition. This means the security issues can be addressed head on in the SmartDeFi platform. No more rugpulls. Right now, you can create a token and state a portion of money is set side to ensure investors can buy and sell the token freely. If you invest $100 into a token, you want to know that you can get that $100 or hopefully more back at any time. This is basically known as liquidity. The current problem is that the creator of the token can create a token, put the money aside, and when investors come in, because they own the money put aside, they withdraw it and run off with the investors gains. With minting a token on SmartDeFi, the owner forfeits the liquidity needed to mint. This money is placed on the block chain itself and forever reserved for use by the smart contract. The contract is self contained. This means you do not need an exchange to interact with the smart contract. A simple UI system can place the ability to buy or sell an SD token directly on any website. This means that a corporation can ensure safe interaction with the contract because they broadcast the UI directly from the corporate website. SmartDeFi offers simple solutions to the worries of corporate brands. As more investors in crypto become users of crypto, the siren song of financial progress will become too loud to endure, and these major brand names will make their most educated guess as to what may be successful in the future, and any project which emphasizes security and constant contemporary innovation will be the most enticing while still being the safest bet.
https://fegcentral.com/2022/01/08/smartdefi-is-the-platform-corporate-america-is-waiting-for/
globalfintechseries.com
2022-01-04
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SmartDeFi – Announcing a FEGtoken Ecosystem Innovation
FEG (“FEG Token,” “FEGtoken”) has been shaping the future of decentralized finance (DeFi) by unifying the incentives and interests of everyone in the DeFi space. From an investor’s standpoint, SmartDeFi is by far the most secure means of investing in crypto. First, the liquidity for tokens launched is locked for eternity within the token’s smart contract, which means that funding can never be “rugged.” In addition, SmartDeFi introduces a “baseline value,” the first-of-its-kind technology that acts as a virtual gold standard. With each transaction, a small fee is levied and routed to an asset backing pool, which continuously grows with time and can never decrease. In other words, tokens using the SmartDeFi protocol have an inherent value that will not increase or decrease based on market conditions. The only way to gain access to the value in the asset backing pool is to “burn” tokens. This action effectively destroys the tokens (by sending them to a so-called dead wallet that cannot be recovered) and provides the investor with their share of the total backing. For example, as of Dec. 19, 2021, the ROX token asset backing is valued at 3.5 BNB (or approximately $1,800). In effect, this means that the holder of 1 ROX token forever has access to no less than 3.5 BNB, even if the market price (currently $15,000) should drop to $0. The SmartDeFi protocol is exciting from a developer’s standpoint. Developers launching a token using the protocol are not required to code. The FEGdeployer application requires developers to enter only basic information for transactions fees, asset backing percentages, etc., and can successfully launch a token in minutes. Developers have the option to import an existing liquidity pool or utilize FEG’s presale functionality. Actions required to launch a presale are equally as simple, giving developers complete control over the number of tokens, maximum buy limits, owner’s share, etc. Once launched, SmartDeFi tokens are available immediately for trading using the FEGexchange at FEGex.com. Because, SmartDeFi tokens hold their own liquidity, projects have the option of integrating a custom application within their website. This provides investors with the ability to complete transactions directly on the project’s website, with no need to interact with any centralized or decentralized exchanges. Finally, because the SmartDeFi protocol launches tokens using a standardized smart contract that varies only concerning the particular tokenomics (i.e., fees, asset backing allocation, etc.), the contract never needs to undergo expensive audits. Investors can know that tokens are inherently safe and secure, simply because they carry the FEG Token’s SmartDeFi badge. As the rate of cryptocurrency adoption continues to grow, it is increasingly important that measures be taken to protect investors. In addition, existing infrastructure in the crypto space has resulted in token launch processes that are complicated and expensive. FEG Token’s SmartDeFi protocol has revolutionized the way investors and developers interact by providing second-to-none safety, security, ease of use and cost-effectiveness. SmartDeFi protocol will drive further crypto adoption, provide outstanding protection for investors and simultaneously reduce barriers to entry. FEG Token’s SmartDeFi platform will undoubtedly help to change the world.
https://globalfintechseries.com/defi/smartdefi-announcing-a-fegtoken-ecosystem-innovation/
finance.yahoo.com
2022-01-03
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SmartDeFi – Announcing a FEGtoken Ecosystem Innovation
Since January 2021, FEG (“FEG Token,” “FEGtoken”) has been shaping the future of decentralized finance (DeFi) by unifying the incentives and interests of everyone in the DeFi space. From an investor’s standpoint, SmartDeFi is by far the most secure means of investing in crypto. First, the liquidity for tokens launched is locked for eternity within the token’s smart contract, which means that funding can never be “rugged.” In addition, SmartDeFi introduces a “baseline value,” the first-of-its-kind technology that acts as a virtual gold standard. With each transaction, a small fee is levied and routed to an asset backing pool, which continuously grows with time and can never decrease. In other words, tokens using the SmartDeFi protocol have an inherent value that will not increase or decrease based on market conditions. The only way to gain access to the value in the asset backing pool is to “burn” tokens. This action effectively destroys the tokens (by sending them to a so-called dead wallet that cannot be recovered) and provides the investor with their share of the total backing. For example, as of Dec. 19, 2021, the ROX token asset backing is valued at 3.5 BNB (or approximately $1,800). In effect, this means that the holder of 1 ROX token forever has access to no less than 3.5 BNB, even if the market price (currently $15,000) should drop to $0. The SmartDeFi protocol is exciting from a developer’s standpoint. Developers launching a token using the protocol are not required to code. The FEGdeployer application requires developers to enter only basic information for transactions fees, asset backing percentages, etc., and can successfully launch a token in minutes. Developers have the option to import an existing liquidity pool or utilize FEG’s presale functionality. Actions required to launch a presale are equally as simple, giving developers complete control over the number of tokens, maximum buy limits, owner’s share, etc. Once launched, SmartDeFi tokens are available immediately for trading using the FEGexchange at FEGex.com. Because, SmartDeFi tokens hold their own liquidity, projects have the option of integrating a custom application within their website. This provides investors with the ability to complete transactions directly on the project’s website, with no need to interact with any centralized or decentralized exchanges. Finally, because the SmartDeFi protocol launches tokens using a standardized smart contract that varies only concerning the particular tokenomics (i.e., fees, asset backing allocation, etc.), the contract never needs to undergo expensive audits. Investors can know that tokens are inherently safe and secure, simply because they carry the FEG Token’s SmartDeFi badge. As the rate of cryptocurrency adoption continues to grow, it is increasingly important that measures be taken to protect investors. In addition, existing infrastructure in the crypto space has resulted in token launch processes that are complicated and expensive. FEG Token’s SmartDeFi protocol has revolutionized the way investors and developers interact by providing second-to-none safety, security, ease of use and cost-effectiveness. SmartDeFi protocol will drive further crypto adoption, provide outstanding protection for investors and simultaneously reduce barriers to entry. FEG Token’s SmartDeFi platform will undoubtedly help to change the world. Further information on FEGtoken: FEGex is the multi-chain AMM-based DEX of the FEG Token (FEG) decentralized finance (DeFi) project. It currently runs on Ethereum Mainnet and Binance Smart Chain. The innovative DeFi platform is striving to make the opportunities that the cryptocurrency space provides more accessible to ordinary users. Among the features it offers, in addition to FEGex, are fWrapping of assets, Smart DeFi functionality for issuing new assets backed by fWrapped assets, and the FEGtrack portfolio tracking tool. The project’s ecosystem is powered by the FEG protocol and governance token. FEGtoken - FEGtoken.com FEGecosystem Whitepaper - Whitepaper FEGex DEX - FEGex.com FEGtoken Official Telegram - https://t.me/FEGchat Wire Service Contact CryptoCurrencyWire (CCW) 1202 Lexington Ave. Suite 117-CCW New York, New York 10028 (212) 994-9818
https://finance.yahoo.com/news/smartdefi-announcing-fegtoken-ecosystem-innovation-141700971.html
instagram.com
2021-12-16
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What is SmartLend?
You will be able use any SmartDeFi token as collateral to take out loans on the token’s baseline value—without having to sell them or having to burn them. Simply use the SmartDeFi loan function to place your SmartDeFi token into collateral inside the SmartDeFi token contract. You will be instantly given the baseline value for the tokens you provided. All tokens placed into collateral are removed from circulating supply and considered burnt until they are recovered by repayment of your loan. 🦍How does it work? ✏️ All loans are opened for an initial 30-day period. ✏️ There are no profits in SmartLend, since the APY is burnt. ✏️ The BNB or ETH paid back goes into the baseline value of the token. ✏️ The loan is completely interest free. The funds come from the baseline asset pool, based upon the current baseline value at the start of the loan. Loans are considered paid in full when you repay the initial loan balance. You do not need to cover the difference in baseline value up to the payment date making SmartLend completely interest free! You must extend or repay your loan within 30 days or your collateral will be considered burnt. If you need more than 30 days to repay your loan, you can extend 30 days by burning 0.1% of your collateral. The best part about SmartLend is that this does not negatively impact the baseline value! 🦍How safe is it? SmartLend requires no oracles. The price comes directly from the baseline SmartLend requires no third party. Nothing can be manipulated externally to exploit the code. SmartLend is the first lending protocol where the funds and data for ratio calculations are hosted inside the same place, making it the most secure lending protocol ever created. 🦍What does this mean? It means that you can now have access to your SmartDeFi token’s baseline value without having to sell it. This is perfect for life emergencies or helping take advantage of buying into the launch of a new token, without having to sell your assets. This means that you have freedom and can also treat your baseline value as a banked asset. *This post is taken from the FEG Tokenomics & Rewards Systems (TRS) document found on fegtoken.com
https://www.instagram.com/p/CXjHuhnLjf9
cointelegraph.com
2021-11-08
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FEG introduces SmartDeFi with Guaranteed Value and the Universal Stable Cent Token (USCT)
Feed Every Gorilla (FEG), a community-driven platform, is on a mission within the sphere of decentralized finance (DeFi). FEG aims to redefine DeFi through innovative technology, such as SmartDeFi. Furthermore, is there anything more stable than stablecoins such as Tether (USDT) and USD Coin (USDC)? FEG is here to challenge the most prevalent stablecoins in existence today with the Universal Stable Cent Token (USCT). Change is coming. What makes SmartDeFi unique? SmartDeFi is “completely unruggable with guaranteed value through asset-backing,” according to senior FEG leader, Chris. Every SmartDeFi token is fully backed by its base asset, guaranteeing the tokens’ baseline value is secured from suffering loss. Base assets are the assets the tokens are traded against. Does the baseline value increase? Absolutely, the baseline value can never decrease. A set percentage of every buy/sell is given to the asset-backing pool. This asset-backing pool is secured inside the SmartDeFi tokens’ smart contract. As a result, investors enjoy a perpetual increase of the SmartDeFi tokens’ baseline value. How is the value guaranteed? The asset-backing can be recovered instantly by burning SmartDeFi tokens for their share of asset-backing. This guarantees that every SmartDeFi token will always have value, regardless of the market price. The baseline value will always increase with every transaction, resulting in the formation of a baseline value that can never decrease. What is the “model home” of SmartDeFi technology? ROX is the first-ever SmartDeFi token that acts as the “model home” of this breakthrough technology. Many investors of ROX strongly believe that ROX is a better store of value than Bitcoin (BTC). On November 4, 2021, the market price of ROX reached an all-time high of $58,322.94 on the Ethereum network, becoming the second most valuable token per token in the world, right behind Bitcoin. The FEG team is confident that ROX will be the most valuable token in the world of cryptocurrency. ROX is available on FEGexchange (FEGex) at fegex.com. FEG has another innovation coming: The world’s first-ever truly stable token, USCT. Many investors are aware of the most commonly used stablecoins such as USDT and USDC. However, FEG will release the first-ever truly stable token called Universal Stable Cent Token, or USCT. According to our senior leader, “everyone else did it incorrectly by using a stable dollar.” With USCT, there will be zero decimals, which cannot be split and is the lowest unit in its system. On the other hand, USDT can vary six decimals. Cents are the lowest denominator, it is impossible to ever move even 1 trillionth of a fraction with USCT. This will eliminate any chances of arbitraging with stablecoins and make USCT a source of pure stability. Why use a dollar as the stable value when true money goes by a lower unit? The lowest unit is not dollars, it is cents. Learn more about Universal Stable Cent Token (USCT). The entire FEG team has worked diligently with the community to develop solutions to welcome new cryptocurrency investors into the DeFi space safely to drive adoption in this lucrative area through SmartDeFi and the upcoming true stablecoin, USCT. To stay updated on all things FEG, check out FEGcentral, the central hub for everything that the FEG community uses to stay in the loop. For inquiries, contact senior FEG leader, Chris, at [email protected] or follow @FEGchris on Twitter.
https://cointelegraph.com/press-releases/feg-introduces-smartdefi-with-guaranteed-value-and-the-universal-stable-cent-token-usct
cryptomodo.com
2021-11-04
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Feg exchange with its ROX token and SmartDefi ecosystem may well be an important technology to watch
The relatively new FEG exchange token known as ROX could very well pass Bitcoin's price (not market cap) within days. ROX is a new token released under a new technology brand that the FEG community is calling "SmartDefi" and is on both the Ethereum and Binance Smart Chain blockchains. The only place that you can purchase ROX right now is on the FEG exchange , a DEX with huge ambitions to dominate the DeFi space over the coming months and years. At the time of this writing ROX isn't even visible on popular coin tracking sites such as Coinmarketcap or Coingecko because the SmartDefi technology is so new that the team is keeping the smart contracts a closely guarded secret to keep a competitive advantage. SmartDefi in concept is the idea that a token can own its own liquidity, provide a baseline value that always rises in price, and can bring stability and legitimacy to the DeFi space when it comes to rug pulls. Even though it was released only weeks ago, ROX has rocked towards $50,000 and does not show any signs of slowing down. The FEG community believes that ROX will actually surpass Bitcoin's price very soon. They're so confident in this fact that they've placed a banner atop their Fegstats website to track the occasion. The developer behind SmartDefi known to the community as "fegrox" or @lifeisdefi on Twitter, believes that this rising baseline value will be an important stabilizing feature for future cryptocurrency projects. In fact, the Feg exchange team will be releasing something called the "SmartDeFi deployer" very soon that aims to give development teams a template contract that will allow their tokens to function the same way that the ROX token does. The FEG team is also clearly insinuating SmartDefi is a hedge against fiat akin to precious metals, with a banner that compares ROX and its rising baseline value with that of GOLD. Yes, real gold. So far, things are looking good for SmartDefi and the FEGex technology. Investors are currently witnessing something special as the price of ROX continues to rise rapidly. It remains to be seen if ROX can replace Bitcoin's title as world's most expensive cryptocurrency, but it seems likely.
https://cryptomodo.com/why-rox-token-could-shock-the-crypto-world-and-pass-bitcoin/
cointelegraph.com
2021-10-29
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The future of DeFi starts with the elimination of rug pulls and pump and dump schemes
Rug pulling, pump and dump schemes, and other scams prevent DeFi adoption unless a decentralized exchange can discourage this behavior. It isn't breaking news that decentralized finance (DeFi) is growing and has a rapidly expanding ecosystem to match. As the number of blockchain-based financial products extends to replicate the capabilities of traditional institutions, the only thing holding the technology back is mainstream adoption. Part of the reason for the discrepancy in use and adoption is that it is only now that people are beginning to understand the cryptocurrency space. Conclusively, mass adoption isn't a matter of if, so much as it is when. Many platforms and exchanges have continued to pop up in this space, although some work still needs to be done. For every project with a good mission comes a series of scams looking to take honest investors' money. When news of these rug pulls and other project scams catch the media's eye, many are quick to sympathize with the investors who have just had their money drained. Even with due diligence, it can be hard for an investor to catch these scams in advance or for a novice investor to invest, to begin with. Rising to address these concerns is Feed Every Gorilla (FEG), a community-driven platform. Within the FEG ecosystem is the FEG exchange (FEGex), a decentralized exchange (DEX) running on the Ethereum (ETH) blockchain and Binance Smart Chain (BSC), to solve the devastating issues around rug pulls and other project scams. By using a new technology called “SmartDeFi,” FEG aims to provide everyone with a fair opportunity to achieve financial freedom by earning passive income. The chief marketing officer of FEG, Chris, shares, "with the suspected Satoshi Nakamoto -- FEGrox -- spearheading DeFi and a forward-thinking mindset, FEG will advance further into the cryptocurrency space by releasing increasingly innovative products alongside SmartDeFi while maintaining a strong sense of community and love for all projects in the cryptocurrency space." Back-end basics FEG was established in January 2021, amid some of the largest scams and institutional adoption of digital currencies. Therefore, one of the most plaguing challenges faced in creating the platform was instilling confidence and trust in the digital currency space and ensuring users that the FEG token could, in fact, "feed every gorilla." In this context, gorillas are every human, including you and me. The team has since devoted their efforts to bringing DeFi together with SmartDeFi, which would eliminate rug pulls and pump and dump schemes. SmartDeFi makes this possible since its trading system is not hosted by a third party, is self-contained and requires no external functionality to operate. MORE INSIGHTS ON FEG HERE Since all tokens hold their own liquidity, rug pulling is impossible to occur, according to the team, as any token listed on SmartDeFi would supposedly have guaranteed value with asset-backing ability. ROX Token has since become the first token to utilize the SmartDefi infrastructure, providing investors with the opportunity to buy and sell the token directly as a “model home.” Furthermore, safety, accessibility, and opportunity for reward are passed down to project leaders who also have the opportunity to experience DeFi in its truest form by listing their own tokens on FEGex. Leaders and investors can have confidence due to the team's lead developer, FEGrox. FEGrox is a trusted expert in blockchain technology with over ten years of experience under his belt. His works are directly helping to evolve DeFi infrastructure by bringing it forward in the best and most secure way possible while simultaneously helping to expand the FEG token. Growing day by day With increasing potential on the table, FEG Token's popularity has continued to grow in proportion, as evidenced in its 1,900% increase between March and June 2021. In addition to being a part of a growing community, holding tokens provide users with several other benefits. The FEG token is a hyper-deflationary token with a maximum circulating supply of 100 quadrillions on the Ethereum and Binance Smart Chain. A 2% transaction tax is distributed to holders of the token in relation to their percentage of ownership, a relationship that is inversely proportional, constituting a supply and demand model and rewarding for those willing to hold for the long haul.
https://cointelegraph.com/news/the-future-of-defi-starts-with-the-elimination-of-rug-pulls-and-pump-and-dump-schemes?s=07&fbclid=IwAR0s0tYEtLr4LvqLvWlXgPA-3RnCRystyHD1RVAFuWSyk1Kqq1CL-tSItHQ