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Event record

Reviewed event

Tribe DAO final-redemption vote concludes

The final-redemption governance process described FEI as backed 1:1 by DAI with zero fees, TRIBE redemption against remaining protocol-controlled value, and later revocation of governance powers as part of the Tribe DAO wind-down.

Date
2022-09-22
Affected records
2 linked records1 stablecoin · 1 organization
Evidence
2 sources2 evidence relations

Connected records

Affected records

Assets and organizations connected to this event.
StablecoinFei USDOrganizationFei Protocol / Tribe DAO

Sources

Evidence

Sources used for this record, with archival copies where available.
2 source identities · 2 evidence relations
SourcePublisher and dateRelevanceArchive
TIP-121c: Final Redemption
Source details
Source category
Governance record
Provenance
Governance primary source
Primary or secondary
Primary source
Reliability
Medium
Fei / Snapshot via Boardroom
Published 2022-09-20		Fei Final Redemption and Tribe DAO Wind DownDirect archived snapshot
TIP-121c: Start FEI and TRIBE Redemption
Source details
Source category
Governance record
Provenance
Governance primary source
Primary or secondary
Primary source
Reliability
High
Fei Protocol governance via Tally
Published 2022-09-22		Executed Governance Package, One to One Dai Backing, Zero Fee Fei Redemption, Final Redemption Context, Fei Executed Final Redemption and One to One Dai Backing PackageNo archive recorded
Medium
Publisher
Fei / Snapshot via Boardroom
Published
2022-09-20
Provenance
Governance primary source
Primary or secondary
Primary source
Supported claims
Fei Final Redemption and Tribe DAO Wind Down
Reliability
Medium
High
Publisher
Fei Protocol governance via Tally
Published
2022-09-22
Provenance
Governance primary source
Primary or secondary
Primary source
Supported claims
Executed Governance Package, One to One Dai Backing, Zero Fee Fei Redemption, Final Redemption Context, Fei Executed Final Redemption and One to One Dai Backing Package
Archive
No archive recorded
Reliability
High
Record detailsClassification, review, and event-specific data
Record ID
sog_ev_fei_2022_09_final_redemption
Severity
Critical
Event type
Wind Down and Final Redemption
Public category
Wind-down and termination
Lifecycle effect
Entered wind-down
Recovery or reversal
Not applicable
Recovery date
Not yet recorded
Cause or mechanism
Executed TIP-121c established an immutable zero-fee FEI-to-DAI wrapper and assigned DAI to maintain complete 1:1 backing against circulating FEI as part of the Tribe DAO wind-down.
Structured detail kind
Redemption Change
Record confidence
Medium
Evidence relations
2

Event-specific details

Redemption change

Summary
Executed TIP-121c established an immutable zero-fee FEI-to-DAI wrapper and assigned DAI to maintain complete 1:1 backing against circulating FEI as part of the Tribe DAO wind-down.

Maintenance

Corrections and further reading

Use the documented correction path and methodology.
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