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Record sog_ev_fei_2022_09_final_redemption

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
Category
Wind-down and termination
Subtype
Wind Down and Final Redemption
Status effect
Entered wind-down
Recovery
Not applicableNot yet recorded
Evidence
2 source records2 relations

Identity and classification

Overview

Date, taxonomy, impact, recovery, mechanism, confidence, and evidence remain separate.
Date2022-09-22
Public event categoryWind-down and termination
Canonical event subtypeWind Down and Final Redemption
Structured detail kindRedemption Change
Stablecoin subjectsFei USD
Organization subjectsFei Protocol / Tribe DAO
ImpactCritical
Effect on stablecoin lifecycleEntered wind-down
Canonical status-effect valueDiscontinued
Recovery or reversalNot applicable
Recovery dateNot Applicable
Cause or mechanismExecuted 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 coverageStructured fields available below
Record confidenceMedium
Date
2022-09-22
Public category
Wind-down and termination
Canonical subtype
Wind Down and Final Redemption
Structured detail kind
Redemption Change
Impact
Critical
Status effect
Entered wind-down
Recovery
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.
Record confidence
Medium

Affected records

Subjects

Stablecoin and organization subjects remain separate record groups.
Stablecoin subject

Fei USD

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Organization subject

Fei Protocol / Tribe DAO

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Typed record

Structured detail

Event-type-specific facts remain visible with explicit value states.
Structured event detail
Redemption-change detail — SummaryExecuted 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.
Redemption-change detail — 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.

Provenance

Evidence

Source identity, publisher, publication date, reliability, archive, and relation count remain separate.
2 source identities · 2 evidence relations
SourcePublisherSource categoryProvenancePrimary or secondarySupported claimsArchiveReliability
TIP-121c: Final Redemption
Published 2022-09-20		Fei / Snapshot via BoardroomGovernance record
Canonical: Governance Proposal		Governance primary sourcePrimary sourceFei Final Redemption and Tribe DAO Wind DownNo archive recordedMedium
TIP-121c: Start FEI and TRIBE Redemption
Published 2022-09-22		Fei Protocol governance via TallyGovernance record
Canonical: Governance Proposal		Governance primary sourcePrimary sourceExecuted 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 recordedHigh

Maintenance

Corrections and further reading

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