The FEG project (“FEG,” “FEG Token” or “FEGtoken”) today introduced SmartDeFi(TM), a revolution in digital assets. Decentralized finance (‘DeFi’) projects, charitable organizations and even companies or governments can use the revolutionary cryptocurrency launchpad and investing platform to create and trade a new crypto asset. “These assets, typically called ‘coins’ or ‘tokens,’ equate to a share of ownership and can often provide investors with dividends (called ‘reflections’), high yields on vested portfolios (through ‘staking’ functions) and the potential for significant return on investment through capital appreciation. Prior to the emergence of SmartDeFi, early crypto investors often faced a significant risk of becoming the victim of ‘rug pulls’ or other financial theft. Additionally, and especially in the case of smaller tokens, an investment’s value could plummet within a matter of minutes as the result of malicious activity, rumors or any number of factors — quickly erasing significant value,” reads the update. “Liquidity, or the liquid capital required for trading of crypto assets on the open market, is automatically locked into SmartDeFi(TM) smart contracts for eternity. Because of the cryptographic properties of the blockchain, this liquidity cannot be removed, which makes tokens ‘rug proof.’ In addition, the SmartDeFi(TM) launchpad prevents malicious properties such as a ‘honeypot,’ which would otherwise allow investors to buy but not sell their investments. These and other key features prevent financial theft, such as was seen with the high-profile ‘rug pull’ of Squid Games, a scam using the likeness of the Netflix television series to gain popularity.”
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About FEG and SmartDeFi(TM)
SmartDeFi (SmartDeFi.com) is the revolutionary cryptocurrency launchpad platform built by the FEG Token project and is a key component of the decentralized finance (“DeFi”) crypto exchange FEGex | The future of crypto exchange. FEGex (or “FEGexchange”) currently operates on Ethereum Mainnet and Binance Smart Chain and will soon expand to several other leading blockchains. FEG is dedicated to providing safe, secure and easy access to crypto markets through the development of cutting-edge technology. In addition to SmartDeFi, FEGex also offers asset growth opportunities with fWrapping technology, portfolio tracking with FEGtrack, high-quality crypto market charting with FEGcharts, staking rewards and much more. The entire FEG ecosystem is built around and powered by the FEG Token.
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