What is Tribe?
TRIBE is a token that belongs to the Fei protocol. The Fei protocol is designed to solve the problems faced by most stable coins on the market. The Fei protocol achieves this through stability mechanisms known as direct incentives. The Fei protocol is launched using a fully decentralized DAO, which is managed by the TRIBE token. The project has based its business proposal on the creation of an alternative solution for decentralized stabelcoins. TRIBE acts as a full-fledged governing body. TRIBE owners can vote to add new token binding curves to new tokens or adjust the pricing functions of existing curves, as well as adjust the distribution of new protocol-controlled rents (PCVs) or existing PCV rates. TRIBE token works as a control token in the Fei protocol. TRIBE is used for decision making in the ecosystem and allows holders to vote on protocol changes.
