Changelly presents another cryptocurrency available on the platform. Now, users can easily and effortlessly exchange TRIBE tokens for other digital assets at floating rates.
Being the governance token of the DAO controlling the governance of FEI, TRIBE can be used in governance proposals or swapped for FEI in a UniSwapV2 liquidity pool. Fei aims to provide a new decentralized solution to the stablecoins market. FEI proposes a model similar in design to fractional reserve central banking, where the protocol issues FEI for a subsidized price against ETH at its genesis event and subsequently uses the incurred Ether as a treasury to maintain the peg.
About the Fei Protocol
Fei is a decentralized, scalable, and DeFi-native stablecoin protocol. Fei algorithmically allocates assets in protocol-controlled value (PCV) to provide liquidity and earn yield. The Fei Protocol only holds decentralized assets and focuses on DeFi-native partnerships with other DAOs.
Changelly provides an ecosystem of products and services that enables customers to have a one-stop-shop experience when engaging with crypto.
Operating since 2015, Changelly acts as an intermediary between crypto exchanges and users, offering access to 200+ cryptocurrencies that can be effortlessly exchanged within 10 minutes on desktop and on the go via Changelly mobile app.
In 2020, Changelly branched out to accommodate the needs of traders. PRO has been built as a platform focused on the customer’s needs, effectively enabling retail buying and selling digital tokens and coins. Piggybacking on the great support system found within Changelly, Changelly PRO will provide the community with high limits, effective pricing, fast execution, and 24/7 live support.
Learn more about Changelly:
Changelly website: changelly.com
Changelly PRO website: pro.changelly.com