Stablecoin information
Fei is a decentralized, scalable, and DeFi-native stablecoin protocol. Fei Protocol's goal is to scalably issue a $1 pegged decentralized stablecoin, FEI.
Category:algorithmic
Minting and Redemption
New FEI is minted via a buy-only bonding curve denominated in ETH. The Fei Protocol deploys its Protocol Controlled Value as liquidity for trading, and FEI is minted or burned to maintain the peg whenever it is traded.
Audits:
Stablecoin usage by chain
| Name | Bridge | |||||
|---|---|---|---|---|---|---|
| 0.00% | +0.00% | +0.04% | +1.17% | 4.01m |