Protocol Controlled Value News Today

Positioned as a stable ecosystem that prioritizes decentralized governance, disintermediation and provides a self-adjusting interest rate mechanism, ApeX...

/PRNewswire/ -- Over 2,000 blockchain enthusiasts came together in Hamburg at BLOCKCHANCE 2021 to take stock and talk about the future of blockchain. As...

/PRNewswire/ -- Over 2,000 blockchain enthusiasts came together in Hamburg at BLOCKCHANCE 2021 to take stock and talk about the future of blockchain. As...

Fei Protocol genesis locks up $1 billion in ETH, but LPs could face losses Despite attracting more than $1 billion, Fei protocol’s genesis event hasn’t been entirely smooth sailing — with LPs facing losses if they withdraw soon. 9926 Total views News The launch of Ethereum-backed stablecoin called Fei has locked up almost a billion dollars’ worth of ETH during its genesis event. But the launch hasnt gone entirely as planned for some of its liquidity providers. The protocol, w...

Fei Labs Sees 639,000 ETH Raised Within Genesis Event Last Updated: 05 April 2021 Fei Labs stands as a new player on the block, who had managed to make a successful genesis launch on Saturday of its Fei stablecoin. Fei Protocol Genesis has officially ended! Thank you to everyone who contributed to a successful Genesis period in bootstrapping the $FEI stablecoin and $TRIBE governance token �� Lets recap ➡️ The protocol managed to raise close to $1.3 billion in Ethereum by way of 17,000...

Fei Labs raises 639K ETH in genesis event The funds, which are equivalent to roughly $1.3 billion, will be used to bootstrap the Fei decentralized stablecoin. 22926 Total views News Fei Labs concluded a successful genesis launch of its Fei stablecoin on Saturday, raising nearly $1.3 billion in Ethereum (ETH) from over 17,000 contributors, highlighting once again the market’s growing appetite for digital assets and decentralized finance.  A total of 639,000 ETH was committed to the...