Fei Protocol was a decentralized stablecoin protocol built around protocol-controlled value, direct incentives, and TRIBE governance. After the 2022 Rari Fuse exploit and Tribe DAO wind-down process, Fei Protocol was no longer under active development.
| Product | Backing | Status | Market cap |
|---|---|---|---|
| FEIFEI | Algorithmic | Active | $4M |
| Founded | 2021 |
| Stage | DAO |
| Founders | Joey Santoro |
| Funding rounds | Round Private financing · Amount $19M · Year 2021 |
| Key events | Date 2021-03 · Event Fei Protocol launched via its genesis eventDate 2022-04 · Event Rari Fuse exploit affected the Fei/Tribe ecosystemDate 2022-08 · Event Tribe DAO voted to wind down Fei Protocol |
| Website | https://fei.money/ |
Fei Protocol was a decentralized stablecoin protocol built around protocol-controlled value, direct incentives, and TRIBE governance. After the 2022 Rari Fuse exploit and Tribe DAO wind-down process, Fei Protocol was no longer under active development.
Stablecoins issued by this entity: FEI.