Friday, June 10 2022

GLASGOW, Scotland, February 02, 2022 (GLOBE NEWSWIRE) — via CryptoCurrencyWire — The FEG project (“FEG”, “FEG Token” or “FEGtoken”) present today SmartDeFiâ„¢its revolutionary cryptocurrency launch platform.

Cryptocurrencies offer a fantastic opportunity to discover and invest in cutting-edge technologies and innovative solutions. Crypto technology has started to radically revolutionize the way people interact with each other, with the arrival and adoption of public financial ledgers, virtual reality via metaverses and much more. About 3% of the world’s population has successfully capitalized on this new technology — a figure that has increased by more than 2,300% in the past two years (according to Chainalysis.com). Since the start of 2021, using and investing in crypto has become more widely accepted as an alternative to traditional banking, as well as stocks, commodities, and even loans.

As with any burgeoning industry trying to gain adoption, crypto has at times received a negative stigma as high risk, particularly due to the perceived threat of theft and relatively high volatility. Although there are inherent risks associated with investing in crypto assets, the revolutionary SmartDefi technology developed through the FEG project sets a new standard for safety, security and functionality, providing investors with peace of mind. and opening up the world of crypto to investors around the world. .

SmartDeFi™ is a launchpad and investment platform that Decentralized Finance (“DeFi”) projects, charities, and even corporations or governments can use to create and trade a new crypto asset. These assets, usually referred to as “coins” or “tokens”, are equivalent to a share of ownership and can often provide investors with dividends (called “reflections”), high returns on acquired portfolios (through “stake” functions ) and the potential for significant investment returns through capital appreciation. Prior to the emergence of SmartDeFi, early crypto investors often faced significant risk of falling victim to “rug pulls” or other financial theft. Additionally, and especially in the case of smaller tokens, the value of an investment can plummet within minutes due to malicious activity, rumors, or any number of factors, quickly wiping out significant value.

Liquidity, or the liquid capital required for trading crypto assets on the open market, is automatically locked into SmartDeFiâ„¢ smart contracts for eternity. Due to the cryptographic properties of the blockchain, this liquidity cannot be removed, making the tokens “rug proof”. Additionally, the SmartDeFiâ„¢ dashboard 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, as seen with Squid Games’ much-publicized ‘rug pull’, a scam using the likeness of the Netflix TV series to gain popularity.

SmartDeFiâ„¢ has also created the de facto gold standard in cryptography through the development of revolutionary asset-backup technology. With each trade, a small commission is taken and routed to an entirely separate ledger from the liquidity used to transact the market. This second pool of funds is permanently locked and can never be accessed except through a so-called token “burn” function. As transactions occur over time, this collateral pool of assets builds and creates inherent value that cannot diminish. If the market price of an investment drops below the price of the asset, an investor can choose to burn their tokens and receive their share of the asset pool. Much like the gold standard that previously backed multiple national currencies, SmartDeFiâ„¢ offers similar assurance in what is an evolution for digital asset investors.

Not only is SmartDeFiâ„¢ the safest way to invest in the growing crypto market, but it also offers investors a revolutionary new way to leverage their holdings. SmartLending allows holders of any SmartDeFiâ„¢ token to take out a 30-day loan, completely interest-free, using the asset collateral value of their holdings. Whether it’s to pay for emergency medical care, to capitalize on an upcoming token launch, or for any other real need, this SmartLending technology offers investors a simple and secure way to use their assets without being forced to sell. This access to finance is truly historic and can help investors plan for urgent expenses without having to sell their valuable assets.

With protections against “rug pulls” and similar financial scams, the FEG Token Project’s SmartDeFiâ„¢ technology has introduced a token launchpad and investment platform that offers significantly improved security for investors. Additionally, many of the risks associated with significantly higher volatility are significantly reduced with the introduction of SmartDeFiâ„¢, or gold standard, asset backing technology. Finally, the SmartLending feature allows investors to take care of the actual expenses without having to sell their investments and provides unparalleled peace of mind. While nothing can eliminate all the risks associated with investing in crypto, investors around the world can now rely on the SmartDeFiâ„¢ badge to achieve a much greater sense of safety, security, and financial freedom.

About FEG and SmartDeFiâ„¢

SmartDeFi (SmartDeFi.com) is the revolutionary cryptocurrency launchpad platform built by the FEG Token Project and is a key part of the decentralized finance (DeFi) crypto exchange FEGex | The future of the crypto exchange. FEGex (or “FEGexchange”) currently runs on Ethereum Mainnet and Binance Smart Chain and will soon expand to several other top blockchains. FEG is dedicated to providing safe, secure, and easy access to crypto markets through the development of advanced technologies.

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.

SmartDeFi – SmartDefi.com

FEG token – FEGtoken.com

FEGecosystem white paper – white paper

FEGex DEX – FEGex.com

Official FEGtoken Telegram – https://t.me/FEGchat

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