FEG is a DeFi cryptocurrency used for Smart contracts and transactions. It is built on two blockchains. One is Etherium and the second is Binance Smart Chain.
We can buy it at the Decentralized Exchange Uniswap and Pancake. In the future, we will be able to buy it on the Decentralized Exchange of Feg.
It is entirely decentralized. It has clarity and controls the supply of tokens. Let's look at it more precisely. Currently the total circulating supply is 100 quadrillion. In each transaction you make a purchase-sale and Smart contract 1% is given to the holders as a reward and the other 1% will be burned. Why is this burned? This is done so that they can certify that over time my supply of cryptocurrencies will decrease. So if demand increases, so will its price. It makes sense when we have a smaller collection but the demand increases and the price increases. So it's a deflationary token. Because with every transaction 1% goes to the holders as a reward and 1% is burned. This way they control the supply. Over time, supply decreases. This is why it is also called deflationary. Gradually this will lead to a further rise in its price if demand increases. But it is a way to control the increase in its price. When supply decreases and demand remains the same or increases then we have a price rise. So this is why it is a deflectiony token.
It is helpful in transactions and smart contracts. As mentioned above Feg is a decentralized transaction network. Works on etherium blockchain and Binance Smart Chain. Therefore it has two routes but both are the same.
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