- Back to menuPrices
- Back to menuResearch
- Back to menuConsensus
- Back to menu
- Back to menu
- Back to menu
- Back to menuWebinars & Events
Tribe
About Tribe
TRIBE is a governance token used to manage the Fei Protocol. Its main focus is maintaining the peg, upgrading the protocol and integrating with other systems. The Tribe DAO, which is controlled by TRIBE token holders, has ultimate control over the Tribe ecosystem, including the ability to move PCV, mint FEI, create and grant access roles. Proposals must be created and passed to perform actions, with a proposal threshold of 2.5M TRIBE and a quorum of 25M TRIBE. Additionally, Tribe Turbo is a mechanism used to issue stablecoins and earn yield.
Tribe is a decentralized financial ecosystem governed by Tribe DAO. Originating from a merger between Rari Capital and Fei Protocol, Tribe DAO aims to be a comprehensive hub for financial and liquidity services catering to all DAOs in the decentralized finance (DeFi) space. It champions a permissionless infrastructure and oversees multiple protocols, including Fei Protocol, Rari Capital Fuse, Turbo, and Midas Capital. Tribe DAO is also at the forefront of developing open-source infrastructure tools such as ERC-4626, Flywheel, and Check the Chain.
Tribe DAO is a collaborative effort spearheaded by Joey Santoro, the founder of Fei Protocol, and Jai Bhavnani, the creator of Rari Capital. The merger of these two entities culminated in the establishment of Tribe DAO, a robust DeFi ecosystem governed by its native token, $TRIBE.