FEG Token

Liquidity Loan Secured

Document last updated: March 21st, 2023.

We have secured a loan for 200 ETH that will be converted into BNB for FEGbsc liquidity moving forward!

Loan Repayment

  • This loan will be paid back as 200 ETH (The form it was given in).
  • A flat fee of 50k USD will be paid to the LP provider.
  • Repayment will be made through the LP Injection Tax over six months until paid in full (200 ETH + 50k).
  • The six-month repayment time frame begins the day of trading.

Tokenomics will be adjusted.

Tokenomics will be adjusted to increase the Liquidity Injection taxes on Buy & Sell Transactions to recover the funds for the loan.
We will repay the loan within six months using FEGbsc & FEGeth LP Injection taxes (based on volume) on Buy & Sell Transactions.

This is great for us because liquidity will NOT have to be split and made shallow!