Dear KuCoin Users,
KuCoin is extremely proud to announce yet another great project coming to our trading platform. Tribe (TRIBE) is now available on KuCoin. Supported trading pair is TRIBE/USDT.
Please take note of the following schedule:
Tags: DeFi, Governance
Project Summary
Total Supply | Market Cap | Issue Date | Consensus Protocol |
1,000,000,000 | $405,501,969 | 2021-04 | - |
Circulating Supply | 24hr Volume | Issue Price | Cryptographic Algorithm |
248,364,400 | $317,331,166 | - | - |
* The key metric numbers are calculated as at August 24, 2021
TRIBE is the governance token of Fei Protocol. The goal of the Fei Protocol is to maintain a liquid market in which its stablecoin FEI trades closely to the ETH/USD price. Fei Protocol achieves this via a stability mechanism known as direct incentives. Fei Protocol has launched with a fully decentralized DAO, which is governed by the TRIBE token. TRIBE holders can vote on adding new bonding curves in new tokens or adjusting price functions of existing curves, and adjusting the allocation of Protocol Controlled Value (PCV) for new incoming funding or existing PCV fees.
Official Website: https://fei.money/
Whitepaper: Click to view
Risk Warning: Investing in cryptocurrency is akin to being a venture capital investor. The cryptocurrency market is available worldwide 24 x 7 for trading with no market close or open times. Please do your own risk assessment when deciding how to invest in cryptocurrency and blockchain technology. KuCoin attempts to screen all tokens before they come to market, however, even with the best due diligence, there are still risks when investing. KuCoin is not liable for investment gains or losses.
Regards,
The KuCoin Team
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