Launching FEI bridge to Solana with Saber

Allbridge is bringing the FEI token from Ethereum to Solana in partnership with Saber – the leading cross-chain AMM for pegged assets on Solana. 

FEI is a decentralized, scalable, and DeFi-native stablecoin, powered by Fei Protocol. The team at Fei Protocol creates a tight peg for stablecoin FEI by providing it with $1 redeemability via Protocol Controlled Value (or PCV).

Allbridge is always happy to bring more stablecoins to the Solana ecosystem allowing more interactions with Solana dApps. Visit Saber’s platform to swap your bridged FEI and participate in the FEI-CASH and FEI-USDT pools. Transfer your FEI with Allbridge!

About Saber

Saber is the leading cross-chain AMM for pegged assets on Solana, such as stablecoins and wrapped assets. As Solana’s core cross-chain liquidity network, Saber helps facilitate the transfer of assets between Solana and other blockchains. Users deposit crypto into a Saber liquidity pool to earn passive yield from transaction fees, token-based incentives, and eventually automated DeFi strategies.

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About Allbridge

Allbridge is a simple, modern, and reliable way to transfer assets between different networks. It is a bridge between both EVM and non-EVM compatible blockchains, that aims to cover L2 solutions and NFT transfers in the future.

Allbridge’s mission is to make the blockchain world borderless and provide a tool to freely move assets between various blockchains.

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