The TRIBE governance token is collectively responsible for managing the Fei DAO.
TRIBE's total initial supply is 1 billion. The minting capability is controlled by an appointed minter address (this is different from the Minter💰 role). The minter is originally set to the Fei DAO Timelock.
The code for TRIBE is forked from the Uniswap UNI token. The main difference is that UNI can only inflate 2% per year, whereas TRIBE has uncapped inflation.
The Fei Core team wants TRIBE to have a balanced distribution between Community, Team, and Investors while prioritizing the Community. We embedded both capital favoring and non-capital favoring distribution mechanisms, and emphasize equal opportunity through the Genesis Group.
High-level TRIBE distribution:
40% DAO treasury
20% Initial DEX Offering
13% Fei Core Team
10% Genesis Group
10% Staking Rewards
5% Fei Core Team investors
Medium announcement provides more details regarding the distribution.