FEG Token Litepaper v2.1
FEG Token Litepaper v2.1
FEG Token Litepaper v2.1
FEG Token
Feed Every Gorilla
Version 2.1
FEGtoken.com
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Table of Contents
Tokenomics - Page 4
FEGex - Page 5
Staking - Page 6
Liquidity - Page 7
fWrap - Page 8
SmartDeFi - Page 9
FEGtrack - Page 10
Philanthropy - Page 11
FEGfaucet - Page 12
Partnerships - Page 13
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The Ecosystem
FEG Token was launched fairly to Feed Every Gorilla!
Community-driven.
Built to succeed.
Be the Future
of DeFi
today!
FEG Token ("FEG," "FEGtoken") is focused on reshaping and evolving how decentralized finance (DeFi)
works completely while delivering the most robust ecosystem ever designed to support DeFi's much-
needed advancements.
FEG Token is the governance token of FEGex ("FEG Exchange"), our cross-chain centralized
exchange/decentralized exchange (CEX/DEX) where tokens can be swapped, staked, added to liquidity
pools, or fWrapped. FEGex is revolutionary.
fWraps provide an additional passive income stream. Hold a fWrap asset and receive more of that
fWrap asset over time. The original cryptocurrency can be ADA, DOGE, XRP, LTC, USDT—and much
more! Unwrap back into the original cryptocurrency asset at any time. Earn more of your favorite
cryptocurrencies passively while you sleep. (Seriously.)
FEGtrack is a mobile and web application that enables users to track their FEG rewards and dollar-value
balance. The application is continuously improving as FEG Token transforms DeFi.
The Pan African Sanctuary Alliance (PASA) is FEG Token’s first charitable partner, and the FEG Token
team matches the first $750.00 (USD) of donations given by the community each month.
FEG Token has also created the world’s first perpetual charity cryptocurrency wallet, a charity pool that
will earn rewards perpetually for donation purposes, powered by frictionless yield.
There are several strategic partners within the FEG Token ecosystem, each with unique use cases. The
ecosystem leverages the partners to grow and become more diversified.
SmartDeFi is the latest innovation created by FEG Token’s lead developer. It rewrites DeFi to make it
much more secure (rug-proof), more efficient (improved routing with reduced gas fees), and better
reward investors through frictionless yield. Tokens utilizing SmartDeFi manage their liquidity, removing
the need for exchanges to host liquidity pools.
FEG Token’s vision advances further into the cryptocurrency space by releasing innovative products,
such as non-fungible tokens (NFTs) and gaming. The sustainability of FEG Token is of utmost
importance to the community and its leaders.
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Tokenomics
The governance token.
For all.
FEG is a hyper-deflationary decentralized finance (DeFi) token that operates on the Ethereum
blockchain (ERC-20) and Binance Smart Chain (BEP-20). FEG Token was built to succeed.
Each chain was launched with an initial 100Q (quadrillion) tokens. 50Q on each chain were immediately
burnt to kick-start FEG Token’s deflationary tokenomics. 2% of every transaction (buy, sell, or transfer)
is taxed and distributed between all FEG Token addresses on that particular chain. Over half of this tax
is sent to an inaccessible burn address (“black hole”) and the rest is distributed to holders,
incentivizing holders to hold and decreasing the circulating supply over time. These rewards are earned
immediately and automatically into holders’ wallets.
FEG Token is fully decentralized. Ownership was renounced at launch and all communications,
developments, and marketing campaigns are planned and performed by members of the community.
FEG Token was audited and verified by Solidity Finance*. Through this process, FEG Token was proven
to have no backdoors or distributed denial-of-service (DDoS) attack routes.
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FEGex
Redefining DeFi!
FEGex (feg.exchange OR fegexchange.com) is an all-in-one exchange. It was built from the ground up
with custom coding that is specifically designed to resolve major issues with other popular exchanges
surrounding DeFi tokens.
FEGex has a bridge that makes cross-chain swaps possible between the two blockchains (ERC-20 and
BEP-20). FEGchart allows for advanced charting and provides a deep dive into technical analysis.
Listing Process
Auto-listing enables any token to list on FEGex, add locked liquidity, and create trading pairs.
Trading
Both Ethereum blockchain (ERC-20) and Binance Smart Chain (BEP-20) tokens can be traded on FEGex.
The number of trading pairs listed on the platform will increase exponentially over time.
SmartSwap
Deposit tokens into the SmartSwap contract to greatly reduce swap and gas fees. When using
SmartSwap, your trades are not subject to the usual taxes on deflationary tokens, and routing is
optimized. A huge win for swing traders.
There will not be a burning of the typical 2% of the transaction when trading alongside SmartSwap. All
of the sells and swaps (standard and internal) incur sell fees; internal transactions increase the volume
for staking rewards. Traders can only trade within the pool that the SmartSwap is occurring inside of.
Traders can still swap via the standard method while holding assets inside of the SmartSwap system.
Auto-slippage
Worrying about setting the slippage before transacting is a thing of the past—even on deflationary
tokens, where slippage requirements vary.
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Staking
Seamlessly earn passive income while contributing to
the ecosystem!
Staked FEG tokens are held securely in the FEG Token staking contract, effectively and temporarily
removing them from the circulating supply. Staking allows for transaction validation on the blockchain.
Stakers are rewarded a share of 0.12% of the dollar value of all sell transactions that occur on the
exchange (across all pairs) in the form of fBNB or fETH, depending on which chain was utilized to
stake. These rewards are distributed automatically to stakers whenever someone withdraws tokens
from staking or when 24 hours have passed since the last distribution of rewards. As the trading pairs
and trading volume increases on FEGex, FEG Token staking rewards will increase dramatically.
There is also an auto-conversion of the FEG transaction rewards equivalent to what would have been
received without staking. Stakers receive these alongside their staking rewards in the form of
additional fBNB or fETH.
It is important to note that there is no impermanent loss with staking, and participants can unstake
their FEG tokens at any time. The usual 2% FEG transaction tax is charged when staking and
unstaking.
With the exclusion of FEG and TRY.finance tokens, all other tokens will pay 0.2% sell fees that pay
liquidity providers of their pool, 0.12% for the Staking Reward fee, 0.08% for the FEG Token Cashback
Reward Program, and 0.05% for the system fee. It is important to recognize that the cumulative total of
these fees is still below that of the 0.3% fee on other exchanges and will be reduced with the FEG
Token Cashback Reward Program and staking rewards.
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Liquidity
Provide liquidity.
Be rewarded.
Holders that add FEG tokens into liquidity, or liquidity providers (LP), will allow others to purchase FEG
using the FEG tokens that are placed into liquidity. As a result, these holders will be rewarded in fBNB or
fETH depending on the chain that liquidity is being provided.
1-Sided Liquidity
Where 1-sided liquidity is enabled, there is no need to pair fBNB or fETH to participate in the liquidity
pools. The maximum 1-sided liquidity added per transaction is equivalent to 1% of the pool’s size. For
example, if the pool contains 100T (trillion) FEG, then a maximum of 1T FEG can be added at a time.
Liquidity pools are subject to impermanent loss as investors buy and sell FEG tokens. Compensation
for this will be in the form of fBNB or fETH, based on the chain liquidity is being provided.
Liquidity providers receive a share of 0.2% of all sells on the pair they provide liquidity on,
frictionlessly.
2-Sided Liquidity
With 2-sided liquidity, there is an optional pairing to either fBNB or fETH at a matching USD value. This
option is available for all pairs on the exchange. The maximum 2-sided liquidity per transaction is 49%
of the total liquidity pool.
What about liquidity with other tokens besides the FEG token?
All other tokens will get 0.2% of the sell transactions that pay the liquidity providers of the respective
pool. Any pair that lists on FEGex can choose to bypass staking and give 0.35% of the sell transactions
to their liquidity pool.
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fWrap
Wrap your favorite cryptocurrencies, and earn more of
them passively!
Use FEGwrap.com or the fWrap tab on FEGex to wrap your favorite cryptocurrencies and immediately
start earning more of them. Not looking to wrap your FEG? No problem! You can wrap your ADA, DOGE,
XRP, LTC, USDT—and more. You can unwrap back into the original cryptocurrencies whenever you
desire.
You pay a 1% tax when wrapping or unwrapping your cryptocurrencies. There are no additional risks
involved with fWrapping and no impermanent loss.
1% of every transaction (buy, sell, or transfer) that takes place during the fWrap process is immediate
and automatically distributed between holders of that fWrap. This provides an excellent annual
percentage yield (APY). Track your APY easily using the Tracker link at the bottom of FEGwrap.com.
Base pairing is imperative to the fWrap process. Base pairing means any new tokens that list on FEGex
will have the option of adding liquidity pairs between the newly-listed token choices. With the additional
pairings to these tokens, it will allow anyone who owns the pairing tokens to bring them to FEGex and
fWrap them to earn their portion of the frictionless 1% distributed to the pools from transaction fees on
the exchange that include that token as a base.
Trading between FEG and one of the fWraps will be possible only if someone adds liquidity to set up
the pair.
You can create your own fWrap and earn frictionless rewards of ANY token in under two minutes with
the fWrap Deployer!
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SmartDeFi
DeFi
the way it is supposed to be.
Core Concepts
SmartDeFi is a template for a new generation of DeFi projects, which makes it impossible to rug and
unnecessary to use exchanges, such as Uniswap or PancakeSwap, for hosting liquidity. It allows all
swap sites to fully integrate the trading of a token while using the token's liquidity pool.
All of the code for a token’s tokenomics and swaps on the DEX is built into the token itself. We call
these “on-token swaps.” You simply need to provide a user interface (UI) for the token, configure its
contract functions, and you can trade it.
People around the world will be able to build UIs for tokens that use this technology.
ROX Token
ROX Token is a revolutionary token and is the world’s first SmartDeFi token. It launched with a total
supply of 1,000 ROX on each chain (ERC-20 and BEP-20). 2% of every transaction (buy, sell, or
transfer) will be distributed to holders immediately and automatically.
ROX Token has all of the transformative features of FEGex built into itself along with SmartSwap, Auto-
Routing (auto wrap/unwrap)—and more!
FEGex hosts ROX Token, which appears in the list of tradable tokens and can be traded the same way
as other tokens.
All SmartDeFi tokens will send 0.12% of their sell transactions to the FEG Token staking rewards pool—
even if a token is never listed on FEGex.
For ROX Token, 0.5% of each sell transaction will buy and burn FEG, applying positive price pressure.
At launch, 100 ROX was burnt into a perpetual faucet and only the frictionless rewards generated by the
faucet can be claimed. 100% of these rewards will go towards funding further development of the FEG
Token ecosystem.
It is a seamless process to add tokens to FEGex that use this technology. Additionally, the complexities
are within the contract itself, and there is minimal integration work needed to add them to the
exchange. This encourages more tokens to experience the truest form of DeFi.
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FEGtrack
Witness mooning!
Track your rewards.
Holders of FEG can track their FEG tokens using the
FEGtrack application, which is available on the App
Store or on Google Play.
The Apple logo is a trademark of Apple Inc., registered in the U.S. and other countries.
Google Play and the Google Play logo are trademarks of Google LLC.
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Philanthropy
Spreading goodness.
Making a difference.
Being the change.
The FEG Token community reached out to several wildlife organizations. The Pan African Sanctuary
Alliance (PASA) was selected as a charitable partner. The FEG Token is proud to be one of PASA’s
main supporters. Check them out at pasa.org.
PASA has been fighting against illegal hunting while putting efforts into research, education, and
emergency response regarding wildlife. The alliance has a strong passion and goal to protect those
that are unable to protect themselves. PASA is the largest coalition of wildlife centers and sanctuaries
across Africa. With a network of 23 member organizations in 13 African countries, PASA serves as a
united coalition to fight, protect, and save humanity's closest relatives from the brink of extinction.
Where to donate?
Donation Address: 0x542ECAb35F70003401D9aD6909d4A3dbe7282494
Donations are accepted in FEG, ETH, and BNB.
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FEGfaucet
Claim free FEG.
Every day. Forever.
FEG Token feeds every gorilla in all parts of the world. Experience the FEGfaucet (FEGfaucet.com) and
claim free FEG. Every day. Forever.
The FEG Token team donated 20T of their own FEG tokens to kick-start FEGfaucet.
The FEGfaucet is locked and only the frictionless rewards it generates can be claimed. Anyone can
claim the rewards. Each time the rewards are claimed on a first-come, first-served method, the
claimable amount resets to zero. Each wallet can claim from the FEGfaucet a maximum of once per
24 hours. You do not need to be a FEG holder to claim from the FEGfaucet.
The FEGfaucet will generate rewards and help to expand the user base exponentially! The hope is that
FEGfaucet will one day be providing over $20.00 (USD) of FEG every minute, which would be more
than the monthly salary in several developing countries and be truly life-changing for many.
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Partnerships
Our strategic partners.
Working together.
FEG Token is proudly partnered with several exciting DeFi projects, hand-picked for their unique use
cases and solid foundations. FEG Token will remain open to additional strategic partnerships in the
spirit of continuous improvement and innovation.
TRY.finance (try.finance)
The lead developer of TRY.finance greatly contributed to the initial build of FEGex. For this, the FEG
Token team will always be grateful for their support. The TRY.finance staking pool receives 5% of sell
transactions on its pair.
GoldFarm (goldfarm.io)
GoldFarm is a cross-chain DeFi Farming-as-a-Service (FaaS) protocol that allows users to deploy
cryptocurrency and NFT farms on ETH and BSC with no code required.
Fomolabs (fomolab.io)
Bringing NFT to the masses. Partnered with boxing powerhouse Tyson Fury.
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The FEG Family
With the FEG Family,
anything is possible.
Every community member should feel appreciated, heard, respected, and valued.
There is no room for hatred and prejudice.
All love.
For all marketing, advertising, and media inquiries, please contact our Marketing team at
marketing@fegtoken.com.
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Legal and Risks
A bit of housekeeping.
Do Your Own Research (DYOR).
Legal Disclaimer
The information provided in this publication does not constitute investment advice, financial advice, trading advice, or
any other sort of advice. You should not treat any of the publication’s content as such. This material is for informational
purposes only and is not (i) an offer, or solicitation of an offer, to invest in, or to buy or sell, any interests or shares, or to
participate in any investment or trading strategy, (ii) intended to provide accounting, legal, or tax advice, or investment
recommendations, or (iii) an official statement of FEG Token. No representation or warranty is made, expressed or
implied, with respect to the accuracy or completeness of the information or to the future performance of any digital
asset, financial instrument, or other market or economic measure. The FEG Token team does not recommend that any
cryptocurrency should be bought, sold, or held by you. Do conduct your due diligence and consult your financial advisor
before making any investment decisions. By purchasing FEG, you agree that you are not purchasing a security or
investment, and you agree to hold the team harmless and not liable for any losses or taxes you may incur. You also
agree that the team is presenting the token "as is" and is not required to provide any support or services. You should
have no expectation of any form from FEG Token and its team. Although FEG is a community-driven decentralized
finance (DeFi) token for social networking and not a registered digital currency, the team strongly recommends that
citizens in areas with government bans on cryptocurrencies do not purchase it because the team cannot ensure
compliance with established regulations within certain territories. Always make sure that you comply with your local
laws and regulations before you make any purchase.
Risk Disclosure
Please note that there are always risks associated with smart contracts. Please use them at your own risk. FEG Token
is not a registered broker, analyst, or investment advisor. Everything that is provided in this publication is purely for
guidance, informational and educational purposes. All information contained herein should be independently verified
and confirmed. FEG Token does not accept any liability for any loss or damage whatsoever caused in reliance upon
such information or services. Please be aware of the risks involved with any trading done in any financial market. Do
not trade with money that you cannot afford to lose. When in doubt, you should consult a qualified financial advisor
before making any investment decisions.
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