FEI is an algorithmic stablecoin that attempts to maintain a $ 1 valuation without real collateral (such as USDT or USDC) or cryptocurrency (such as DAI).
However, due to low demand, the dollar peg was unable to maintain its hold by running a basic algorithm that charges liquidity providers a fee to sell the FEI if the price is below the $ 1 target.
Source:
See also:
you always provide useful posts for us
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Tetap semangat 💪🏻
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
You are really doing the great work, please keep it up.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Your videos are always helpful to us. Thank you.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thanks for your new update with important information.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thank you brother
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Terima kasih postingan hebatnya, Sukses selalu.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Terima kasih informasinya bang 👍👍
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Good jobs
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
This post was resteemed by @steemvote and received a 2.16% Upvote. Send 0.5 SBD or STEEM to @steemvote
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
This post has received a 25.58 % upvote from @boomerang.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit