The TRIBE governance token is collectively responsible for managing the Fei DAO.
24h Trade Volume
All-Time-High (ATH) Price
TRIBE (TRIBE) is a cryptocurrency token generated on the Ethereum blockchain.The max. supply of TRIBE that will ever be issued is 1.00 Billion tokens, and the current supply of TRIBE in circulation is 380.59 Millions tokens.
Current TRIBE price is $ 1.15 moved down to -8.17% for the last 24 hours.
All time high (ATH) price of TRIBE reached $ 2.28 on 5 Apr 2021 and fallen -49.4% from it.
TRIBE's share of the entire cryptocurrency market is 0.02% with the market capitalization of $ 438.11 Millions.
TRIBE’s 24 trading volume is $ 13.46 Millions. It is trading on 5 markets and 4 Exchanges the most active of them is MXC.
TRIBE Price Chart
TRIBE price Index provides the latest TRIBE price in US Dollars , BTC and ETH using an average from the world's leading crypto exchanges.
The TRIBE to USD chart is designed for users to instantly see the changes that occur on the market and predicts what will come next.
TRIBE Performance USD
|24H||-$ 0.102||-8.17%||$ 1.26||$ 1.10|
|7D||-$ 0.171||-12.9%||$ 1.53||$ 1.10|
What is 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.