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Fei Protocol

An anti-inflation protocol

About Fei Protocol

Founded2020

Fei Protocol is a decentralized stablecoin protocol that aims to improve upon the concept of stablecoins. It implements various innovations, such as Protocol Controlled Value (PCV) as a stability mechanism and numerous other mechanisms to keep the Uniswap liquidity pool and its native stablecoin FEI close to the exchange rate of the US dollar. Additionally, it introduces a native governance token called TRIBE.

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Website
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Tags
DeFi
Stablecoin Protocol

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Team Members

Joey Santoro
Joey Santoro

Founder

Investors

Andreessen Horowitz
Andreessen Horowitz
Coinbase Ventures
Coinbase Ventures
Framework Ventures
Framework Ventures
ParaFi Capital
ParaFi Capital
Variant Fund
Variant Fund
Naval Ravikant
Naval Ravikant

Fundrasing details

--(2021-03-08)
Amount$19.00M
Investors
Andreessen Horowitz
Andreessen Horowitz
Coinbase Ventures
Coinbase Ventures
Framework Ventures
Framework Ventures
ParaFi Capital
ParaFi Capital
Variant Fund
Variant Fund
Naval Ravikant
Naval Ravikant
Valuation--