Fei Protocol: Decentralized governance and autonomous stability.
Fei Protocol's decentralized DAO utilizes TRIBE tokens for governance, focusing on autonomous stability, with funds allocated for staking, development, and treasury management.
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What is TRIBE (TRIBE)?
Fei Protocol's governance begins with a fully decentralized DAO from day one, where the TRIBE token grants voting rights on various proposals, such as adding new bonding curves, adjusting token price functions, or reallocating PCV for new funding or existing reserves. The DAO is designed to be governance-minimized, allowing the system to operate autonomously and efficiently, with minimal intervention needed. A portion of TRIBE tokens is allocated to a FEI staking pool, enabling users to deposit FEI and earn a proportional share of the TRIBE drip. Remaining tokens are held by the development team, investors, and are distributed between the Genesis Group, the initial DeFi offering, and managed treasury reserves.
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TRIBE price live information
As of now, TRIBE is trading at 0.3679 USD, with a 24-hour trading volume of approximately 103.01K USD. The TRIBE to USD price is updated in real time. Over the past 24 hours, TRIBE has decreased by 3.41%. It remains the top-ranked cryptocurrency on CMC.IO, with a market capitalization of about 170.49M USD. Currently, there are 463 425 158.492456 TRIBE in circulation out of a maximum supply of 1 000 000 000 TRIBE.
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