Conversation

Spencer Noon πŸ•›
@spencernoon
Exciting to see the launch of $FEI, a brand new type of #DeFi stablecoin: πŸ€– Algorithmic βœ… Governance-minimized πŸ†• Protocol Controlled Value βš–οΈ Direct incentives Learn more about it here πŸ‘‡πŸ‘‡
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Fei Protocol
@feiprotocol
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Fei is a next generation stablecoin protocol. We are stoked to share this with the DeFi community! 🌲 medium.com/fei-protocol/i
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Do Kwon πŸŒ•
@stablekwon
This is pretty interesting - question: if the protocol held assets are USD-price volatile (say, ETH) aren't bank run scenarios possible when eth price dumps? And if the reserves are other stablecoins, seems underlying risks propagate to FEI?
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