Fei USD (CRYPTO:FEI) is a decentralized algorithmic stablecoin powered by the Ethereum-based Fei Protocol. It employs price oracles and market incentives to maintain its peg to the US dollar. Price oracles provide real-time data on FEI and the US dollar, guiding the protocol's target price calculations. Market incentives, like the protocol-owned liquidity pool (POL), encourage users to transact FEI near the target price. Fei Protocol, while still in development, achieved a significant milestone with its mainnet launch in 2022. It actively works on expanding features, including cross-chain support and new incentives. The core mission of Fei Protocol is to create a decentralized, censorship-resistant stablecoin accessible to all. They believe stablecoins can transform internet interactions and aim to ensure everyone has access to this technology, contributing to a more secure and inclusive financial system.