# Fei

**Published by:** [vipus.eth](https://paragraph.com/@vipus/)
**Published on:** 2022-06-07
**URL:** https://paragraph.com/@vipus/fei

## Content

The mission of Fei Protocol is to create a decentralized stablecoin, FEI, using a Protocol Controlled Value (PCV) and Direct Incentives model to maintain its peg to the dollar.

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