Tribe is the governance token associated with the Fei Protocol, a decentralised finance (DeFi) project launched in March 2021. Designed to maintain a liquid and decentralised stablecoin—Fei USD (FEI)—Tribe plays a crucial role within the protocol. Tribe token holders have governance rights over the parameters and upgrades of the Fei Protocol, empowering them to influence the direction and development of the ecosystem. The protocol employs a unique algorithmic mechanism, known as Protocol Controlled Value (PCV), to ensure the stability and utility of FEI while minimising reliance on collateral. Tribe distinguishes itself by providing democratised control over a stablecoin platform that aims to resolve the limitations of traditional collateral-backed stablecoins and offer a more capital-efficient solution within the DeFi landscape.