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Tribe (TRIBE) is the ERC-20 governance token of the Fei Protocol DAO, designed to let holders vote on FEI stablecoin parameters, Protocol Controlled Value (PCV) allocation, and protocol upgrades. However, as of 2025, both the Fei Protocol and Tribe DAO websites are inaccessible, governance UIs and docs are offline, and key features are unavailable, making investment in TRIBE highly risky and not recommended at this time.
TRIBE is an ERC-20 governance token that was meant to empower holders to propose and vote on FEI stablecoin peg mechanisms, PCV deployment, and smart-contract upgrades. With the DAO infrastructure currently inaccessible, this intended functionality is effectively suspended.
As of June 21, 2025, the official Fei Protocol (fei.money) and Tribe DAO (docs.tribedao.xyz) websites are unreachable, governance dashboards are offline, and features remain unavailable. The project appears stalled, and holding or buying TRIBE is not advised under these conditions.
Governance participation requires access to the Tribe DAO proposal portal and voting interface, both of which are currently offline. Until official sites are restored, on-chain governance is unavailable.
FEI is the algorithmic stablecoin whose peg and backing are governed by TRIBE holders. FEI users stake FEI to earn TRIBE rewards. With DAO services down, peg-maintenance incentives may operate without active community oversight.
TRIBE has historically been distributed via FEI-staking reward drips and community allocations. Those mechanisms continue on-chain, but transparency is hampered by the absence of official documentation.
PCV is Fei’s on-chain treasury of ETH and other assets used to back FEI. TRIBE holders vote on how PCV is deployed (into liquidity pools or yield strategies), but without an active governance UI, PCV management decisions are currently inaccessible.
TRIBE remains tradable on major centralized exchanges (Binance, Coinbase, Gate.io, Huobi) and on Uniswap V3. However, the project’s operational issues make any trading activity subject to elevated risk.
FEI’s peg uses rebates and penalties set by TRIBE-approved parameters. Those mechanisms continue on-chain, but parameter adjustments via governance are paused until the DAO infrastructure returns.
With official websites and governance portals down, protocol transparency and control are compromised. The inability to propose or vote on critical updates elevates systemic risk—invest only if you’re prepared for potential loss.
Monitor on-chain activity directly (e.g., Etherscan, Snapshot forums) and community channels (Discord, Telegram). Official channels are currently inactive, so rely on on-chain events and trusted community delegates for updates.
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