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Fei Protocol's Genesis Stared and 58,957 Ethereum Has Been Raised

Amy Liu

Summary: The Fei Protocol, a decentralized stablecoin project, was officially launched on March 31. At present, 58,957 Ethereum has been raised. The launch of the genesis will last for 3 days, and the raised Ethereum will enter the Fei Protocol reserve pool. After the launch of the genesis, users will receive a corresponding amount of stablecoins ...

The Fei Protocol, a decentralized stablecoin project, was officially launched on March 31. At present, 58,957 Ethereum has been raised. The launch of the genesis will last for 3 days, and the raised Ethereum will enter the Fei Protocol reserve pool. After the launch of the genesis, users will receive a corresponding amount of stablecoins FEI and TRIBE token airdrops based on the invested Ethereum. Everyone gets the same exchange rate. 

Fei Protocol co-founder Sebastian Delgado tweeted that Enough ETH has been raised in the first couple of hours of Fei Protocol's Genesis for the protocol to hit the scale target of 100M circulating FEI .

By Amy Liu

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