Public financial disclosure of Fei Protocol

The goal of the Fei Protocol is to maintain a liquid market in which ETH/FEI trades closely to the ETH/USD price. FEI achieves this via a new stability mechanism known as direct incentives. Direct incentive stablecoins use dynamic mint rewards and burn penalties on DEX trade volume to maintain the peg. FEI uses Uniswap as its incentivized DEX at launch.

Twitter: @feiprotocol

Announcement

Overview

Top recipient addresses

The following are the top recipients in Fei Protocol, who are these recipients, and what are these fees for? The total amount is calculated by historical prices.

Wallets

treasury 01 0x8d5ed43dca8c2f7dfb20cf7b53cc7e593635d7b9
treasury 04 0xe087f94c3081e1832dc7a22b48c6f2b5faae579b
token address 0xc7283b66eb1eb5fb86327f08e1b5816b0720212b
treasury 02 0xd51dba7a94e1adea403553a8235c302cebf41a3c
treasury 03 0x639572471f2f318464dc01066a56867130e45e25
treasury 05 0xb230b535d2cf009bdc9d7579782de160b795d5e8

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