Fei Protocol

Fei ProtocolTRIBE

An anti-inflation protocol

$0.3855

+1.10%

About Fei Protocol

Founded

2020

Address

United States

Ecosystem

Community

Fei Protocol is a decentralized stablecoin protocol that aims to improve upon the concept of stablecoins. It implements various innovations, such as Protocol Controlled Value (PCV) as a stability mechanism and numerous other mechanisms to keep the Uniswap liquidity pool and its native stablecoin FEI close to the exchange rate of the US dollar. Additionally, it introduces a native governance token called TRIBE.

Team Members

Joey Santoro
Joey SantoroFounder

Investors

Andreessen HorowitzAndreessen Horowitz
Coinbase VenturesCoinbase Ventures
Framework VenturesFramework Ventures
ParaFi CapitalParaFi Capital
Variant FundVariant Fund
Naval RavikantNaval Ravikant

Fundrasing details

Funding RoundAmountValuation
Date
Investors
--
$19.00M
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2021-03-08
Andreessen HorowitzAndreessen Horowitz
Coinbase VenturesCoinbase Ventures
+ 4