Feed Every Gorilla (FEG) token is a passive income-earning governance token that has gained popularity in the decentralized finance (DeFi) space. The project announced the migration of its token from V1 to V2, which is expected to bring significant benefits to its users. In this article, we will discuss the FEG Token migration from V1 to SmartDeFi V2 and what it means for the community.
What is FEG Token?
FEG Token is the Asset-Backed and passive income-earning governance token of its fully Decentralized ecosystem operating on the Ethereum blockchain (ERC-20) & Binance Smart Chain (BEP-20) and launched from our fully audited SmartDeFi token launchpad.
FEG Asset-Backing creates a Store-of-Value with an ever-rising baseline; FEG is backed by Eth or BNB (depending on the blockchain) generated through trade volume on Decentralized and participating Centralized Exchange.
What is SmartDeFi?
SmartDeFi is the upgraded version of the original FEG Token. The upgrade is designed to improve the year experience and offer additional benefits to the community. SmartDeFi is a fully-audited token launchpad that allows project creators the ability to mint, presale, launch, and build their staking protocol with the click of a few buttons. SmartDeFi provides the option of an ever-rising baseline value, SmartLending interest-free loans, RFI vs. non-RFI token structure, several trading tax options, and more.
How to migrate from FEG V1 to V2 SmartDeFi?
To migrate from FEG v1 to the new SmartDeFi version of the FEG token with updated tokenomics and security, users need to follow the Guide here.
After users migrated to the SmartDeFi version, below is the new contract address to set up the new token on your wallet:
FEG SmartDeFi Contract Address
Total Supply: 100 Billion FEG
Circulating Supply: 50 Billiin FEG
Network: BNB Smart Chain & Ethereum
Contract: 0xbededDf2eF49E87037c4fb2cA34d1FF3D3992A11
Name: FEG Token
Symbol: FEG
Decimals: 18
Conclusion
The migration from FEG Token V1 to SmartDeFi is an important step for the project as it aims to improve the user experience and provide additional benefits to the community. Users who migrate their tokens will be able to take advantage of improved security, lower transaction fees, enhanced staking rewards, and improved liquidity. If you are a FEG Token holder, make sure to follow the migration process to take advantage of the new features and benefits offered by FEG Token SmartDeFi.
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