TRIBE

Tribe price
TRIBE
#257

$0.6221  

2.23% (1d)

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Tribe statistics

Market cap
$338.25M

2.23%

Volume (24h)
$107.96K

10.10%

FDV
$622.13M
Vol/Mkt Cap (24h)
0.03191%
Total supply
1B TRIBE
Max. supply
--
Circulating supply
543.70M TRIBE
TRIBE to USD converter
TRIBE
USD
Price performance
24h 
Low
$0.5994
High
$0.6223
All-time high
Apr 04, 2021 (4 years ago)
$2.49
-75.03%
All-time low
Apr 03, 2021 (4 years ago)
 
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About Tribe

What Is Tribe (TRIBE)?

Tribe is the governance token for the FEI algorithmic 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 ETH at 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 UniSwapV2 liquidity pool.

Who Are the Founders of Tribe?

What Makes Tribe Unique?

How Many Tribe (TRIBE) Coins Are There in Circulation?

How Is the Tribe Network Secured?

When Will Tribe Trading Begin?

Where Can You Buy Tribe (TRIBE)?

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