[ANN]Fei Protocol

[zasad@]

Fei Protocol is an analogue of Maker
https://fei.money/
Fei Protocol token (FEI) acts as a stablecoin
https://www.coingecko.com/en/coins/fei-protocol

https://docs.fei.money/protocol/fei-stablecoin
"FEI (Fei USD) is designed to allow for flexible upgrades and arbitrary incentive mechanisms to support the $1 peg target. "

Tribe token (TRIBE) acts as a governance token
https://www.coingecko.com/en/coins/tribe

https://docs.fei.money/governance/tribe
"he TRIBE governance token is collectively responsible for managing the Fei DAO.
Design
TRIBE's total initial supply is 1 billion. The minting capability is controlled by an appointed minter address (this is different from the Minter💰 role). The minter is originally set to the Fei DAO Timelock.
The code for TRIBE is forked from the Uniswap UNI token. The main difference is that UNI can only inflate 2% per year, whereas TRIBE has uncapped inflation."

Media:
https://twitter.com/feiprotocol
https://medium.com/fei-protocol
https://discord.com/invite/2prhYdQ5jP
https://github.com/fei-protocol/fei-protocol-core
https://github.com/fei-protocol/fei-protocol-core

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[necromastery]

So the genesis is really went very smooth 2 days ago. I see, what a strongest liquidity pool, $2,5b Total Liquidity on Uniswap, https://info.uniswap.org/pair/0x94B0A3d511b6EcDb17eBF877278Ab030acb0A878 I would say that this is one of the best projects. It wouldn't be wrong for a lot of people to try to make the fake ones.

[thetyper]

Is the project live on bsc?

[mandor]

Is the project live on bsc?

Not yet bro, I traced about the details at Coingecko, FEI and TRIBE are still on the eth network. I also tried to find information about their plans on telegram group @feiprotocol for this, still not yet at all. However, I think their community will want to be on the BSC network, so it's only a matter of time for that, as there have been many projects doing this.

[rainingbitcoins]

Is the project live on bsc?

Not yet bro, I traced about the details at Coingecko, FEI and TRIBE are still on the eth network. I also tried to find information about their plans on telegram group @feiprotocol for this, still not yet at all. However, I think their community will want to be on the BSC network, so it's only a matter of time for that, as there have been many projects doing this.

Yes, it's still not up to now, and I think the team and developers will also decide to be on the BSC network as you said, it's really hype right now. many projects that use the network and not a few are successful

[bitkanu]

So the genesis is really went very smooth 2 days ago. I see, what a strongest liquidity pool, $2,5b Total Liquidity on Uniswap, https://info.uniswap.org/pair/0x94B0A3d511b6EcDb17eBF877278Ab030acb0A878 I would say that this is one of the best projects. It wouldn't be wrong for a lot of people to try to make the fake ones.

How can stable coin lose its peg? I see that FEI already introduced to be a stable coin but it was trading below 95 cents. I think this is an overrated project similar as EOS.
Can someone tell me where I can get TRIBE/FEI pair?

Im feeling curious how much 1 TRIBE worth for FEI right now. Anyway thank you so much

[zasad@]

I have posted this project and links for easy price and news tracking.
https://info.uniswap.org/home
In terms of liquidity, this project is on the second place on the uni-wap, which means that investors are actively engaged in coin pharming.
At this price, governance token is easier to buy if you like the project. But it is not worth investing large amounts of money.

[shinratensei_]

So users can acquire FEI and TRIBE but tokens will be available to redeem immediately only after the end of Genesis. When its ends?

As far as i know the genesis already ended a few days ago and you can claim your FEI and TRIBE through FEI portal

I think that you should join on its discord and you can ask the admin about that. There are lots of people actively discussing in the discord group as well.

[Rasvicmy]

Fei Labs will support proposals that reward TRIBE holders for their continued commitment to the system and it is right move I think as community should be at the first place always