Fei Protocol (TRIBE)
  • 16 Jul 2021
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Fei Protocol (TRIBE)

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Basic Info

Token: TRIBE

Governance type: Compound Governor Alpha

Snapshot support: Non binding polls https://snapshot.org/#/fei.eth

Sector: Synthetic assets

Protocol Overview

Fei Protocol offers users a decentralized, US dollar pegged stablecoin. Circulating FEI tokens are backed by a pool of assets (known as protocol controlled value or PCV). When FEI trades below $1, PCV is used to buy back supply, while new FEI can be minted and sold to handle cases where price is above $1. By using PCV to stabilize token price, FEI hopes to avoid reliance on centralized collateral assets.

Governance is controlled by the TRIBE token holders. TRIBE governance control investment of the PCV into various assets, future TRIBE token distributions, parameter changes, and mechanisms for stabilizing FEI price around $1.

Treasury

Governance timelock: https://etherscan.io/address/0x639572471f2f318464dc01066a56867130e45e25

TRIBE rewards distributor / vesting contract: https://etherscan.io/address/0xef1a94af192a88859eaf3f3d8c1b9705542174c5

ETH PCV contract: https://etherscan.io/address/0xDa079A280FC3e33Eb11A78708B369D5Ca2da54fE

Lido stETH PCV contract: https://etherscan.io/address/0xAc38Ee05C0204A1E119C625d0a560D6731478880

Links and Resources

Chat: https://discord.com/invite/2prhYdQ5jP

Forum: https://tribe.fei.money/

Github: https://github.com/fei-protocol/fei-protocol-core

Website: https://fei.money/

Twitter: https://twitter.com/feiprotocol

Blog: https://medium.com/fei-protocol

Documentation: https://docs.fei.money/


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