Fei

Terra co-founders Daniel Shin and Do Kwon (Terraform Labs)
Terra’s 25-Fold Price Jump This Year Shows Growing Bet on Algorithmic Stablecoins
The South Korean-based stablecoin platform Terra has seen its market capitalization overtake better-known decentralized rival Maker's.
Terra co-founders Daniel Shin and Do Kwon (Terraform Labs)

MOSHED-2021-5-4-10-28-16
$1B Stablecoin FEI Hits Price Target for First Time, Month After Launch
Meanwhile, FEI’s market capitalization has plunged by almost half.
MOSHED-2021-5-4-10-28-16

Anchorage CEO Nathan McCauley
Anchorage Is Supporting DeFi Governance Token TRIBE Despite Its FEI Troubles
The TRIBE governance token’s FEI stablecoin project recently saw whales making gains and retail getting rekt.
Anchorage CEO Nathan McCauley

Stumble on a tight rope.
$1B Fei Stablecoin's Rocky Start Is a Wake-Up Call for DeFi Investors
The episode could be the tipping point where retail crypto traders realize they have to be more judicious about buying into protocol launches.
Stumble on a tight rope.