ஃபெ ப்ரோடொகால் ஜநெஸிஸ் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stay updated with breaking news from ஃபெ ப்ரோடொகால் ஜநெஸிஸ். Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Top News In ஃபெ ப்ரோடொகால் ஜநெஸிஸ் Today - Breaking & Trending Today

Fei Labs Sees 639,000 ETH Raised Within Genesis Event

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-plus contributors to finance it. Through this, it’s clear as day that the DeFi space is very clearly growing in its appetite for more digital assets. ....

Jon Wu , Genesis Group , Fei Labs , Protocol Genesis , Protocol Controlled Value , Total Value Locked , Fei Protocol Genesis , ஜான் வு , ஜநெஸிஸ் குழு , ஃபெ ஆய்வகங்கள் , ப்ரோடொகால் ஜநெஸிஸ் , ப்ரோடொகால் கட்டுப்படுத்தப்படுகிறது மதிப்பு , மொத்தம் மதிப்பு பூட்டப்பட்டுள்ளது , ஃபெ ப்ரோடொகால் ஜநெஸிஸ் ,

Fei Labs raises 639K ETH in genesis event

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 so-called minting of the FEI stablecoin, the company announced Saturday. At the time Genesis concluded, the ETH commitments were worth nearly $1.3 billion.
The funds will be used to bootstrap Fei’s Protocol Controlled Value, or PCV, which is a category of total value locked. PCV represents all assets that are not redeemable by users, including treasuries and insurance funds. ....

Jon Wu , Genesis Group , Fei Labs , Protocol Controlled Value , Protocol Genesis , Fei Protocol Genesis , Fei Protocol , ஜான் வு , ஜநெஸிஸ் குழு , ஃபெ ஆய்வகங்கள் , ப்ரோடொகால் கட்டுப்படுத்தப்படுகிறது மதிப்பு , ப்ரோடொகால் ஜநெஸிஸ் , ஃபெ ப்ரோடொகால் ஜநெஸிஸ் , ஃபெ ப்ரோடொகால் ,