Decentralized Stablecoin Project Fei Labs Has A Successful Genesis Event Launch

Global Crypto News
Published on: 05.04.2021

The “Genesis” launch of stablecoin project Fei Labs acquired 639,000 ETH and minted $1.3 Billion worth of FEI tokens.

Early investors include American venture capital firm Andreessen Horowitz, Coinbase, DeFi VC firm Framework,AngelList founder Naval Ravikant,and others.

Fei Labs will also distribute its native token TRIBE on 170,000 unique addresses that participated in the TGE(Token Generation Event) in Uniswap.

#SmartCrypto

Related
$90M Nobitex Hack Tied to Israel-Iran Conflict
Global Crypto News
21.06.2025
$90M Nobitex Hack Tied to Israel-Iran Conflict
Stablecoins Break into Mainstream Finance
Global Crypto News
14.06.2025
Stablecoins Break into Mainstream Finance
Web3 Innovation Goes Global
Global Crypto News
07.06.2025
Web3 Innovation Goes Global
Futu’s U.S. Crypto Service and Cantor’s Expansion
Global Crypto News
31.05.2025
Futu's U.S. Crypto Service and Cantor's Expansion
U.S. Senate Advances Stablecoin Regulation
Global Crypto News
24.05.2025
U.S. Senate Advances Stablecoin Regulation
Stay Up to Date with Us
Market Stats:
BTC Dominance: 60.28%(-0.05%/24h)
ETH Dominance: 10.36%(-0.06%/24h)
Defi Market Cap: $0B(-6.35%/24h)
Total Market Cap: $2666.28B(+0.22%/24h)
Total Trading Volume 24h: $100.65B(-24.54%/24h)
ETH Market Cap: $0B
Defi to ETH Ratio: 0%
Defi Dominance: 0%
Altcoin Market Cap: $1059.12B
Altcoin Volume 24h: $63.1B
Total Cryptocurrencies: 37486
Active Cryptocurrencies: 8468
Active Market Pairs: 114093
Active Exchanges: 941
Total Exchanges: 12128
BTC: 80273.38$(0.9%/1H)
ETH: 2289.18$(0.78%/1H)
AVAX: 9.7$(2%/1H)
BNB: 641.85$(0.65%/1H)
MATIC: 0$(0.95%/1H)
FTM: 0$(-0.27%/1H)
ADA: 0.27$(1.52%/1H)
DOT: 1.33$(2%/1H)
UNI: 3.59$(2.95%/1H)
LINK: 10.03$(1.33%/1H)
CAKE: 1.54$(0.92%/1H)
SUSHI: 0.25$(4.15%/1H)
ONE: 0$(1.83%/1H)