Fei Protocol
San Francisco, CA
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.moneyCompany Details
Founded
- 2020
Employees
- Between 10 - 50 employees
Raised
- $19,000,000
Headquarters Location
- San Francisco, CA
Public
- No
Acquired
- No
Founders
- Joey Santoro
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Fei Protocol Headquarters Location
595 Pacific Avenue 4th Floor, San Francisco, CA 94133
Total Amount Raised: $19,000,000
Fei Protocol's Investors
Fei Protocol Funding Rounds
Series A
$19,000,000
Series A Investors
VariantNaval RavikantParaFi CapitalAndreessen HorowitzFramework VenturesCoinbase Global
Funding info provided by Diffbot.
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