The FEG Token has a Maximum Supply of 100 billion tokens. Currently, the Circulating Supply stands at 50 billion tokens.
The upgraded FEG token incorporates improved tokenomics designed to align with the project's current objectives and propel it forward during the next crypto bull market. The tokenomics structure for each trade is as follows:
- 1.Staking Rewards: (Please note that the staking contract is inactive, resulting in no tax being imposed)
- 2.Asset-Backed Liquidity:
- 0.5% of buys and 1% of sells contribute to an asset-backed liquidity pool. This pool continuously grows, allowing token holders to burn their tokens for the baseline value or access interest-free loans against their tokens. The baseline value remains stable and guarantees a minimum token value, irrespective of market price fluctuations.
- 3.Marketing and Development Budget:
- 0.5% of buys and 2% of sales are allocated to the marketing and development budget. These funds are utilized to promote the project, support development efforts, and maintain the project's ecosystem infrastructure (servers, web3 infrastructure, etc.).
- 4.Liquidity Pool Expansion:
- 1% of buys and 2.5% of sales contribute to expanding the tokens' liquidity pool. This ensures greater stability in the token's price impact, especially during significant buying or selling activity periods.
- 5.Tax-Free Wallet Transfers:
- Transfers between wallets do not incur any taxes. Users can freely move tokens between their wallets without any taxation.
These tokenomics adjustments aim to enhance the overall functionality and value proposition of the FEG token, aligning with the project's growth objectives and providing various benefits to token holders.