If you own FEI and would like to redeem it at $0.95 USD for ETH, you can go to the Fei app Redeem tab.
Connect your wallet
Enter the amount of FEI you would like to redeem and submit transaction
Initiate transaction by pressing Redeem button
The redemption contract receives a 5000 ETH hourly drip from the 300,000 ETH allocation as long as there is less than 5000 ETH in the redemption contract.
If there is an insufficient amount of ETH in the redemption contract to fully redeem your FEI you will be notified:
You can consider a partial redemption or attempt again at a later time.