Before starting to explain the stabilization mechanism of Fei Protocol, there are several minimum necessary knowledge to understand: ● ETH (and other supported assets) deposited by users into the Fei Protocol protocol will become PCV (protocol controlled assets), and most of the PCV will be used to establish the depth with FEI in Uniswap to ensure that FEI has excellent trading liquidity ● The process of exchanging ETH for FEI by users is based on a Bonding Curve. Next, enter the description ...

Before starting to explain the stabilization mechanism of Fei Protocol, there are several minimum necessary knowledge to understand: ● ETH (and other supported assets) deposited by users into the Fei Protocol protocol will become PCV (protocol controlled assets), and most of the PCV will be used to establish the depth with FEI in Uniswap to ensure that FEI has excellent trading liquidity ● The process of exchanging ETH for FEI by users is based on a Bonding Curve. Next, enter the description ...