Tribeis the governance token for the FEIalgorithmic stablecoin. Fei aims to provide a new decentralized solution to the stablecoin market. Existing stablecoins are either fiat-collateralized and, therefore, centralized or crypto-collateralized, making them capital-inefficient. Other algorithmic stablecoins suffer from no liquidity backing the peg, making them inherently unstable or centralize rewards to seigniorage stakeholders. FEI proposes a model similar in design to fractional reserve central banking, where the protocol issues FEI for a subsidized price against ETHat its genesis event and subsequently uses the incurred Ether as a treasury to maintain the peg. TRIBE is the governance token of the DAO controlling the governance of FEI and can be used in governance proposals or swapped for FEI in a UniSwapV2liquidity pool.
Tribe Price
$ 0.3810(--)
TRIBE Price Chart
No Data
Tribe Market Information
- $2.4500
- --
- --
- --
- 616
- 9,645.19
- $14.24M
- 37,398,195.18
About Tribe
Information
| Issue Date | -- | Initial Offering Price | -- |
|---|---|---|---|
| Max Supply | 1000000000 | Circulating Supply | 37,398,195.18 |
| Listed Exchanges | 1 | Incentive Mechanism | -- |
| Encryption Algorithm | -- |
Tribe Price History
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| 24H | -- | -- | -- |
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Tribe News
Tribe Capital Considers Revitalizing Bankrupt Cryptocurrency Exchange FTX
San Francisco-based venture capital firm Tribe Capital, which invested in FTX before its collapse, is exploring the possibility of injecting fresh capital to revive the bankrupt cryptocurrency exchange, Bloomberg reported on April 18.Martha Grizzard
TradFi Giants Embrace Crypto, Ending 'Short Bankers' Era
Two major financial institutions managing over $1,000,000,000,000 each approved crypto products during the summer market period.Sherry Cantwell
XRP Slips to $1 as Futures Open Interest Surges Despite Fear
XRP trades near $1 as futures open interest scales upward, providing market participants and observers with critical metrics on shifting trader positioning.Sherry Cantwell
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