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FEI is a scalable and decentralized stablecoin that leverages protocol controlled value (PCV) for peg maintenance while maintaining highly liquid secondary markets. Direct incentive stablecoins use dynamic mint rewards and burn penalties on DEX trade volume to maintain the peg.
A highly liquid and decentralized stablecoin that can be used as collateral for borrowing other crypto assets, borrowed, and used for payments. Access FEI using the native interface here.