Bibox Innovation Board will list Fei Protocol (FEI), TRIBE on 4/4/2021.
I. Listing Time
4/4/2021 16:00 (UTC+8), deposit and withdrawal functions will be enabled.
4/4/2021 17:00 (UTC+8), TRIBE/USDT trading pair and Grid Trading will be enabled.
4/4/2021 18:00 (UTC+8), FEI/USDT trading pair and Grid Trading will be enabled.
II. Token Information
The Fei protocol is the mechanism by which the Fei stablecoin is issued. It uses a mechanism called ‘Direct Incentives’ in order to maintain stability. TRIBE is the governance token that controls changes to the protocol.
Please be aware that crypto market price is volatile upon listing. Please trade cautiously after evaluating the market carefully. Due to the special mechanism of tokens, when the FEI is lower than the anchored price, there will be a burning mechanism during the transaction, indicating an exponential burning. Please note that the synchronization mechanism is not supported when users conduct transactions on Bibox.
III. Related Links
White paper: https://assets.fei.money/docs/whitepaper.pdf
Fees: Click for Detail
Cryptocurrency investments are risky. Please make investments wisely according to your own risk tolerance.
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