-
bitcoin $84019.447670 USD
1.25% - ethereum
$2712.491439 USD
1.93% - tether
$0.999416 USD
-0.01% - bnb
$770.399630 USD
1.87% - xrp
$1.503744 USD
0.88% - usd-coin
$0.999770 USD
-0.02% - solana
$119.116077 USD
0.99% - tron
$0.337444 USD
0.01% - zcash
$1440.783800 USD
3.50% - hyperliquid
$89.310963 USD
4.64% - dogecoin
$0.095725 USD
2.86% - chainlink
$14.445578 USD
1.22% - monero
$550.443075 USD
2.47% - cardano
$0.253270 USD
4.58% - unus-sed-leo
$8.845500 USD
-2.04%
What is the issuance amount of Tribe coins?
As of June 28, 2023, the total issuance amount of TRIBE tokens, the native token of the Swerve Finance platform, stands at 130,565,127.
Nov 19, 2024 at 06:02 am
Tribe, previously known as SIP, is the native token of the decentralized lending platform, Swerve Finance. As of June 28, 2023, the total issuance amount of TRIBE tokens is 130,565,127.
Issuance Details- Initial Distribution: 36,141,882 TRIBE tokens were distributed during the Swerve Finance token generation event (TGE) in August 2020.
- Liquidity Mining: 50,709,452 TRIBE tokens are allocated for liquidity mining rewards, distributed to users who provide liquidity to the platform's lending pools.
- Team Allocation: 18,070,941 TRIBE tokens were allocated to the Swerve Finance team and advisors, subject to a vesting period.
- Ecosystem Fund: 18,070,941 TRIBE tokens are reserved for an ecosystem fund, used to support the growth and development of the Swerve Finance ecosystem.
- Treasury: 7,551,911 TRIBE tokens are allocated to the platform's treasury, used for operational costs, strategic initiatives, and community development.
The distribution of liquidity mining and ecosystem fund TRIBE tokens follows a vesting schedule, with varying release rates over a specified period. Here are the details of the schedule:
- Liquidity Mining: 60% of the allocated tokens are released immediately, and the remaining 40% are vested over a three-year period.
- Ecosystem Fund: 15% of the allocated tokens are released immediately, and the remaining 85% are vested over a five-year period.
TRIBE tokens serve multiple functions within the Swerve Finance ecosystem:
- Governance: TRIBE holders can participate in the platform's governance, proposing and voting on changes to the protocol.
- Yield Farming: TRIBE tokens can be staked to earn additional rewards in the platform's liquidity pools.
- Platform Fees: A portion of the platform's revenue is used to buy back and distribute TRIBE tokens to holders.
- Community Engagement: TRIBE holders are eligible to participate in exclusive community events and initiatives.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
- NVIDIA, Ambiq Micro, and the Roundtable 100: A Tale of Underdogs and AI Giants
- 2026-10-02 08:45:01
- Bitcoin Price News Shines as ETF Money Surges and Pepeto Prepares for Binance Listing
- 2026-10-02 08:45:01
- Fiserv Unleashes White-Label Digital Asset Platform with Solana Stablecoin: A Game Changer for FinTech
- 2026-10-02 08:40:01
- SEC Crypto Custody Proposal Sparks Debate for Advisers and Funds on Digital Asset Safeguarding
- 2026-10-02 08:40:01
- SEC Proposes Sweeping Crypto Custody Rule Changes for Advisers and Funds
- 2026-10-02 08:35:01
- China Warns Spies, Crypto Faces Scrutiny Amid Singapore's Dominance in Asia's Digital Asset Landscape
- 2026-10-02 08:35:01
Related knowledge
What Is Solana SOL? A Complete Guide to Its Speed, Fees and Network Design
Sep 19,2026 at 04:39pm
Core Architecture and Consensus Innovation1. Solana employs a hybrid consensus model combining Proof of Stake (PoS) with Proof of History (PoH), a cry...
What Is Shiba Inu SHIB Used For? Understanding SHIB, Shibarium and Its Ecosystem
Sep 17,2026 at 05:59pm
Core Utility of SHIB Token1. SHIB serves as the foundational asset within the Shiba Inu ecosystem, functioning as a transferable ERC-20 token on Ether...
What Is Avalanche AVAX Used For? Understanding Staking and Avalanche Subnets
Sep 11,2026 at 07:40pm
Core Utility Functions of AVAX1. AVAX serves as the primary medium for settling transaction fees across all three native chains—X-Chain, C-Chain, and ...
What Is Cardano ADA Used For? Understanding Staking and the Cardano Ecosystem
Sep 19,2026 at 10:20am
Core Utility of ADA Tokens1. ADA serves as the native asset of the Cardano blockchain, functioning as the sole medium for settling transaction fees ac...
What Is Hyperliquid HYPE Used For? Understanding Its Token and Trading Network
Sep 12,2026 at 11:39am
Core Utility of HYPE Token1. HYPE serves as the native governance token of the Hyperliquid protocol, granting holders voting rights on critical upgrad...
What Is SUI Used For? Understanding SUI Staking and the Sui Ecosystem
Sep 11,2026 at 04:40pm
Bitcoin Halving Mechanics1. Bitcoin’s protocol enforces a fixed issuance schedule where block rewards are cut in half approximately every 210,000 bloc...
What Is Solana SOL? A Complete Guide to Its Speed, Fees and Network Design
Sep 19,2026 at 04:39pm
Core Architecture and Consensus Innovation1. Solana employs a hybrid consensus model combining Proof of Stake (PoS) with Proof of History (PoH), a cry...
What Is Shiba Inu SHIB Used For? Understanding SHIB, Shibarium and Its Ecosystem
Sep 17,2026 at 05:59pm
Core Utility of SHIB Token1. SHIB serves as the foundational asset within the Shiba Inu ecosystem, functioning as a transferable ERC-20 token on Ether...
What Is Avalanche AVAX Used For? Understanding Staking and Avalanche Subnets
Sep 11,2026 at 07:40pm
Core Utility Functions of AVAX1. AVAX serves as the primary medium for settling transaction fees across all three native chains—X-Chain, C-Chain, and ...
What Is Cardano ADA Used For? Understanding Staking and the Cardano Ecosystem
Sep 19,2026 at 10:20am
Core Utility of ADA Tokens1. ADA serves as the native asset of the Cardano blockchain, functioning as the sole medium for settling transaction fees ac...
What Is Hyperliquid HYPE Used For? Understanding Its Token and Trading Network
Sep 12,2026 at 11:39am
Core Utility of HYPE Token1. HYPE serves as the native governance token of the Hyperliquid protocol, granting holders voting rights on critical upgrad...
What Is SUI Used For? Understanding SUI Staking and the Sui Ecosystem
Sep 11,2026 at 04:40pm
Bitcoin Halving Mechanics1. Bitcoin’s protocol enforces a fixed issuance schedule where block rewards are cut in half approximately every 210,000 bloc...
See all articles
