Tribe (TRIBE)
Tribe (TRIBE)
0.514429 -17.89 %
Rank # 374 500+ Watchlist
Low High
24H Range
Market Cap
24 Hour Trading Vol
Fully Diluted Valuation 906.03 B
Circulating 455,015,531.00
Total Supply 1,000,000,000.00
Max Supply 1,000,000,000.00
  • Ethereum ethereum-0xc7283b66eb1eb5fb86327f08e1b5816b0720212b
  Week Month Year All Time
High

30-11-2024

0.727470833877
-29.29%

30-11-2024

0.727470833877
-29.29%

30-11-2024

0.727470833877
-29.29%

04-04-2021

₹5,730,800.59
-79.02%
Low

05-12-2024

0.514429
0.00%

16-11-2024

0.449061710904
14.56%

01-01-2024

0.308768223205
66.61%

19-08-2022

₹5,628.29
256.61%

Tribe News (Tribe News)

 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Tribe Chart (Tribe Chart)

Tribe Price USD (Tribe Price USD)

Sr. Exchange Pair Price Spread Volume Volume% Confidence Last Traded Trust Score
Tribe Price History (Tribe Price History)
Price Market Cap Volume Date
Tribe (TRIBE) Social Media
Coin Tribe
Comments
Tribe Price Today (Tribe Price Today)

The FEI algorithmic stablecoin is run with the help of a token called "Tribe." Fei wants to give the stablecoin market a new, decentralised way to handle things. Existing stablecoins are either backed by fiat currency, which makes them centralised, or by crypto currency, which makes them wasteful of capital. Other algorithmic stablecoins don't have enough liquidity to back up the peg, which makes them inherently unstable, or they give most of the rewards to a small group of people who hold seigniorage stakes. FEI proposes a model that looks a lot like fractional reserve central banking. At the genesis event, the protocol gives out FEI at a discounted price in exchange for ETH and then uses the Ether that was paid out as a reserve to keep the peg. TRIBE is the governance token of the DAO that controls the governance of FEI. It can be used in governance proposals or traded for FEI in a UniSwapV2 liquidity pool.

Tribe is run as a DAO, which means that its community runs it through smart contracts in a completely decentralised way. The DAO is in charge of the Fei stablecoin, which was started by three Bay Area residents: Joey Santoro, Brianna Montgomery, and Sebastian Delgado. It was first used in March 2021.

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Also read: TriasLab Trias Price USD
Frequently Asked Questions (Crypto FAQs)
The current price of Tribe (TRIBE) is USD 0.514429
24 Hours, High Price of Tribe (TRIBE) is USD 0.631715 and Low price of Tribe (TRIBE) is USD 0.497728
The total supply of Tribe (TRIBE) is 1000000000 and Circulating supply of Tribe (TRIBE) is 455,015,531.00
The trading volume of Tribe (TRIBE) is 28277717 In the last 24 hours