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:
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