Fei Protocol Funding & Investors
Fei Protocol is a direct incentive stable coin which is undercollateralized and fully decentralized. It uses a new kind of stablecoin mechanism called direct incentives. It is more capital-efficient, has a fair distribution, and is fully decentralized. The protocol uses the value it controls to maintain liquid secondary markets. Fei Protocol was founded in 2020 and is based in San Francisco, CA.
fei.moneyTotal Amount Raised: $19,000,000
Fei Protocol Funding Rounds
Series A
$19,000,000
Series A Investors
VariantNaval RavikantParaFi CapitalAndreessen HorowitzFramework VenturesCoinbase Ventures
Funding info provided by Diffbot.