TRIBE
TRIBE

$0.46900382

-0.65%
  • Market Cap
    $213,045,140.216
  • 24 Hour Trading Vol
    $368,572.456
  • Fully Diluted Valuation
    $469,003,824.52
  • Circulating Supply
    455,015,531
  • Total Supply
    1,000,000,000
  • Max Supply
    1,000,000,000
TRIBE
The TRIBE governance token is collectively responsible for managing the Fei DAO.
Socials
Category
DeFi
TRIBE Converter
TRIBE
1 TRIBE = $0.46900382
TRIBE Statistics
  • TRIBE Price
    $0.46900382
  • Trading Volume
    $368,572.456
  • Market Cap
    $213,045,140.216
TRIBE Price Chart (TRIBE)

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24h
7d
30d
3M
1Y
YTD
-0.65%
-3.24%
-6.90%
-6.81%
+75.21%
+53.88%
About TRIBE

TRIBE and Fei Protocol Governance

Fei Protocol will launch with a fully decentralized DAO on day one. The TRIBE token controls the DAO. TRIBE holders can vote on the following actions among others:

Adding new bonding curves in new tokens or adjusting price functions of existing curve(s)Adjusting the allocation of PCV for new incoming funding or existing PCV

The Fei Protocol DAO will be both powerful and governance-minimized. FEI stability does not require any active intervention by governance. The development team encourages mechanisms that are autonomous and algorithmic over those that are rigid and reliant on governance. We believe this governance-minimized approach creates a more predictable and efficient system.

The protocol allocates a portion of the TRIBE token to a FEI staking pool. Users can deposit FEI and receive a pro-rata percentage of the TRIBE drip into the pool. The development team and investors retain another portion. A percentage will be split between the Genesis Group and Initial DeFi Offering we discuss below. The remaining TRIBE stays in a treasury controlled by governance.

TRIBE Markets
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