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FEI
FEI
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Fei Protocol is a decentralized stablecoin protocol that aims to improve upon the concept of stablecoins. It implements various innovations, such as Protocol Controlled Value (PCV) as a stability mechanism and numerous other mechanisms to keep the Uniswap liquidity pool and its native stablecoin FEI close to the exchange rate of the US dollar. Additionally, it introduces a native governance token called TRIBE.

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FEI fundraising-history
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--fundraising-$M--2021-03-08Andreessen Horowitz,Coinbase Ventures,Framework Ventures,ParaFi Capital,Variant Fund,Naval Ravikant
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  • 2021-03-09
    Fei Protocol raised $ 19 M in funding round
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