"Fei's stablecoin launch sounds like a momentous launch, and for Fei Labs it was, but the perspective from investors tells a different story."

Fei Labs raised 639,000 ETH. The money serves as collateral for its dollar-pegged stablecoin, FEI. A lot of investors are now stuck.

Overhyped project like Fei is always an exit plan for the early VC and whales. Retail should look for fair launch projects such as $OHM, without getting dumped on.

So must be Care full for all new project

As an investor in Fei, I do feel a bit of regret due to the issues laid out in the article. But I’m confident the team, with its big name backers and $1.3B war-chest, will find a way to right the ship.

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