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Tribe Price

$ 0.4057(0.00%)
TRIBE Price Chart
Tribe Market Information
$ 2.4500
0.00%
0.00%
0.00%
635
9,684.39
$ 15,046,823.81
37,086,262.39
Information
Issue Date
Initial Offering Price--
Max Supply
1,000,000,000.00
Circulating Supply37,086,262.39
Listed Exchanges1
Incentive Mechanism
Encryption Algorithm--
Tribe Price History
Over the past year, the Tribe price has decreased by 0.00%. During this period, the highest price of Tribe against USD was -- and the lowest price of Tribe against USD was --.
TimeChangeHighLow
24H0.00%----
7D0.00%----
30D0.00%----
All0.00%----
About Tribe

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 News
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