Fei Protocol genesis locks up $1 billion in ETH, but LPs could face losses
The launch of Ethereum-backed stablecoin called Fei has locked up almost a billion dollars’ worth of ETH during its genesis event. But the launch hasn’t gone entirely as planned for some of its liquidity providers. The protocol, which launched a genesis event on April 1, introduced a stablecoin that is partially backed by Ethereum and […]