Advertisement

Fei Protocol is Still Swinging After Rocky Start and Launches v2

Fei Protocol is fighting to make a comeback. Back in April, the project’s stablecoin, meant to maintain a $1 peg, dropped as low as $0.92 after raising 639,000 ETH, worth $1.3B, in its highly anticipated launch. The Andreessen Horowitz-backed project is still swinging however, and has just launched a v2 with a few key changes.…
By: Owen Fernau •
Fei Protocol is Still Swinging After Rocky Start and Launches v2

Fei Protocol is fighting to make a comeback. Back in April, the project’s stablecoin, meant to maintain a $1 peg, dropped as low as $0.92 after raising 639,000 ETH, worth $1.3B, in its highly anticipated launch. The Andreessen Horowitz-backed project is still swinging however, and has just launched a v2 with a few key changes.…

Loading this article…

Advertisement

Free newsletters

Good reporting. Delivered.

Choose your coverage: crypto and DeFi, the future of finance, or both.

Free. Unsubscribe anytime.

Choose your newsletters

No PRO membership needed. Privacy policy

Fei Protocol is Still Swinging After Rocky Start and Launches v2 | The Defiant