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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.money

Total Amount Raised: $19,000,000

Fei Protocol Funding Rounds

  • Series A

    $19,000,000

    Series A Investors

    Variant
    Naval Ravikant
    ParaFi Capital
    Andreessen Horowitz
    Framework Ventures
    Coinbase Ventures
Funding info provided by Diffbot.