What is the current price of Tribe (TRIBE)?

The current price of Tribe (TRIBE) is 0.502735849917827 AUD, representing a -4.98 from the day prior.

Can I buy Tribe (TRIBE) on Coinstash?

Yes - you can easily buy and sell Tribe (TRIBE) on Coinstash. Simply login or sign up, to start buying Tribe (TRIBE) in minutes.

Where is the best place to buy Tribe (TRIBE) in Australia?

The best place to buy Tribe (TRIBE) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell Tribe (TRIBE) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.

What is the daily trading volume of Tribe (TRIBE)?

The trading volume of Tribe (TRIBE) is 107.3K AUD in the last 24hrs, representing a -4.98 from the day prior.

How can I buy Tribe (TRIBE)?

Tribe (TRIBE) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.

What is the market cap of Tribe (TRIBE)?

The current market cap of Tribe (TRIBE) is 244.7M AUD.

Can I convert Tribe (TRIBE) to cash?

Yes - With Coinstash you can convert your Tribe (TRIBE) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.

How many Tribe (TRIBE) are there?

The current circulating supply of Tribe (TRIBE) is 455.0M.

Is Coinstash a safe place to buy Tribe (TRIBE) in Australia?

Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling Tribe (TRIBE) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices here.

Buy Tribe

What is Tribe?

Tribe is the governance token for the FEI algorithmic stablecoin. It plays a vital role in the governance of the FEI protocol, allowing holders to participate in decision-making processes concerning the protocol's development and management. TRIBE can be used in proposals or swapped for FEI in a Uniswap V2 liquidity pool.

How does Tribe work?

Tribe operates on the Ethereum blockchain as an ERC-20 token. It is utilised in governance functions where holders can vote or delegate their voting power on various protocol proposals. The protocol also provides staking pools where holders can earn additional TRIBE rewards. Through these mechanisms, TRIBE contributes to the decentralised management of the FEI stablecoin ecosystem.

What are the potential use cases for Tribe?

Tribe has several potential use cases, including:

Governance Voting: TRIBE holders can vote on important decisions such as protocol parameter adjustments and the allocation of the Protocol Controlled Value (PCV).
Incentives: It is used to incentivise participation in DeFi activities on the Fei Protocol, potentially enhancing user engagement.
Buybacks: Part of the protocol's equity is used for the automatic buyback of TRIBE tokens, helping to maintain their value.
Tribe Turbo: A mechanism allowing users to issue stablecoins and earn yield, enabling borrowing of FEI at zero interest and reinvesting it for additional returns.

What is the history of Tribe?

Tribe (TRIBE) was introduced in 2021 alongside the launch of the Fei protocol. Its formation followed the acquisition of Rari Capital, a lending platform, by the Fei team. Since its inception, TRIBE has experienced significant milestones, including an early price surge, strategic partnerships, and community-driven decisions like the dissolution of the Tribe DAO. The protocol has undergone several evolutionary changes, including responses to security incidents and strategic realignments, like transitioning funds to the DAI stablecoin post-severe hack.