FEED EVERY GORILLA

Understanding FEED EVERY GORILLA (FEG): A Comprehensive Guide

What is FEED EVERY GORILLA (FEG)?

FEED EVERY GORILLA (FEG) is a decentralized transaction protocol built on both Ethereum and Binance Smart Chain (BSC) networks. Launched in early 2021, FEG Token was created with a vision to provide a decentralized exchange platform while incorporating charitable elements to support gorilla conservation efforts. The unique dual-chain deployment allows FEG to operate seamlessly on two major blockchain ecosystems, providing greater accessibility and flexibility to users.

How Does FEG Work?

FEG Token operates on a deflationary tokenomics model with a 2% transaction tax mechanism. For every transaction:

• 1% is automatically redistributed to all FEG holders, fostering a passive income system
• 1% is permanently removed from circulation (burned), reducing the total supply over time and potentially increasing token value

This system creates a self-sustaining ecosystem where every transaction benefits the entire community while gradually decreasing the circulating supply. FEG's core infrastructure includes the FEGex, a decentralized exchange that supports cross-chain trading between Ethereum and BSC networks.

FEG Staking and Rewards System

FEG Token offers several staking opportunities through its ecosystem:

• fWrapping: Users can stake their FEG tokens through a process called "fWrapping," which converts FEG tokens into fWRAP tokens. These wrapped tokens continue to earn a portion of the transaction fees from the FEG ecosystem.
• FEGstake: The platform's primary staking mechanism allows users to lock their tokens for predefined periods in return for rewards generated from transaction fees.

Unlike traditional cryptocurrencies, FEG does not utilize mining. Instead, the token employs a transaction-based reward system that distributes benefits to holders through the aforementioned 2% transaction tax mechanism.

What is FEG Used For?

FEG Token serves multiple purposes within its ecosystem:

• Utility token for the FEGex decentralized exchange
• Governance participation in the FEG ecosystem
• Store of value with deflationary characteristics
• Passive income generation through the redistribution model
• Supporting charitable initiatives for gorilla conservation

Many holders use FEG tokens within the FEGex platform to access reduced trading fees and enhanced features, making it more than simply a speculative asset.

FEG Token Launch and Distribution

When FEG launched in February 2021, it had a unique distribution approach:

• No pre-sale or ICO was conducted
• 50% of the total supply was burned at launch, instantly reducing the circulating supply
• No tokens were reserved for the development team, promoting fairness
• The remaining tokens were added to liquidity pools to facilitate trading

This fair launch approach meant that all participants had equal opportunities to acquire FEG tokens, without giving advantages to early insiders or investors.

Trading FEG with Automated Strategies

Investors interested in FEED EVERY GORILLA (FEG) can easily trade this cryptocurrency on various exchanges using the automated trading bot provided by Cryptohopper. This advanced trading tool allows users to set up sophisticated trading strategies for FEG and other cryptocurrencies, executing trades automatically based on market conditions and technical indicators. With Cryptohopper's solution, both beginners and experienced traders can optimize their FEG trading experience without having to monitor the markets around the clock.

Additional Information About FEG Token

The FEED EVERY GORILLA (FEG) ecosystem continues to expand with several noteworthy developments:

• SmartDeFi: A proprietary security protocol designed to make token launches on the FEG platform safer and more reliable
• FEGtrack: A mobile application that allows users to monitor their FEG holdings in real-time
• Asset backing: The FEG ecosystem implements measures to provide intrinsic value backing to the token
• Cross-chain bridges: Facilitating seamless movement of assets between Ethereum and BSC networks

With its charitable focus, innovative tokenomics, and expanding ecosystem of DeFi products, FEG Token represents an interesting convergence of philanthropy and decentralized finance in the cryptocurrency space.