They can further give access to a protocol and allow for product usage or offer ownership Governance is the most common one, allowing for proposing changes and voting on the directionality of a project. Right: Tokens can give the right to engage with a protocol.The six roles defined above each have their own purpose and features. Tokens can take various use cases, bringing utility to crypto projects. Source: William Mougayar, Binance Research Website | Twitter | Medium | Whitepaper | Instagram | Telegram | Reddit | Discord | Youtube | It includes a FEG Exchange for swapping, staking, and providing liquidity to tokens, as well as fWraps, which enable users to wrap another cryptocurrency like ADA, DOGE, or XRP and receive rewards. FEG offers an entire ecosystem built with a focus on reshaping and evolving how decentralized finance works. The native FEG token is a hyper-deflationary, community-driven governance token with a 2% transaction tax. FEG was created by FEGrox, the project’s pseudonymous lead developer. What is FEG Token:įEG Token is a decentralized transaction protocol on Ethereum and BNB Chain. Now the big moment is finally here.įor more information about the Smart DeFi technology from FEG, check out this explainer from BSC News.
Binance nft update#
Through the rocky end of 2022, the FEG team has kept the update clearly in its sights with continual updates to its community. The FEG ecosystem has been waiting for the Smart DeFi launch for nearly a year. This is a major milestone for the project and a sign of great things to come." “As we celebrate our anniversary, we're excited to announce our migration to harness the power of our revolutionary SmartDeFi technology. "It's truly remarkable to see the growth and success of FEG over the past 2 years,” says RTRcrypto, FEG Global Project Manager. The FEG team and community are building with anticipation for the release of new products and Decentralized Finance (DeFi) services like the From The Wallet (FTW) P2P non-custodial swap and the SmartDeFi deployer. The decision to migrate to the innovative Smart DeFi technology will offer improved security and stability, according to the press release shared with BSC News. 🚨DO NOT trade FEG during the migration, once completed it will be announced on official socials & TGġ/5- FEG (Feed Every Gorilla) February 13, 2023 🦍 #FEG Migration to the new & improved #SmartDeFi technology will be on February 22nd at 8pm UTC / 3pm EST! With an upcoming marketplace, the future is promising for this project. DeRace seeks to ensure that users can race in community-owned NFT hippodromes and get the most from their digital assets. DeRace describes itself as an NFT horse racing metaverse that enjoyed its IGO on Binance NFT in 2021 that almost instantly sold out tickets to NFT horses that can be exchanged for in-game NFT horses. More announcements will be forthcoming about the Baby Doge Swap events - until then, get ready to ride! What is DeRace:ĭeRace has introduced a never-before-seen sustainable P2E model that includes: creating, engaging, and governance. With the new look, updated features, and increasing partnerships, DeRace is continuing to build out a horse racing metaverse game to compete with the best. We have already revealed a Baby Doge branded DeRace NFT horse: both of our communities will have a number of opportunities to win them,” said DeRace Marketing Manager Egle. “We are planning to release exclusive Baby Doge races and collaborate on a few other exciting events. With over 1.6 million holders, the Baby Doge community should help to bring a myriad of users to the DeRace game. There will also be exclusive events for the Baby Doge community. The Baby Doge partnership will come with Baby Dodge insignia on NFTs like saddles, jockeys’ silks, and horses.
The new updates are extensive and come on the back of a big partnership with the incredibly popular Baby Doge Swap (formerly Baby Doge Coin). Several new in-game missions & achievements.Updated Sugar Cube (in-game reward unit) mechanism.
The DeRace tweet listed the following updates: See you at the races!🏇 /GUKMGOnG1P- DeRace November 8, 2022 🔥Tons of new in-game features have just landed in #DeRace #metaverse!🔥Įnjoy newly revamped immersive, thrilling and rewarding gaming experience on
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