TIP-121: Proposal for the future of the Tribe DAO

TIP-121c has executed

FEI is now fully redeemable 1:1 with DAI. You can use the redeem page on Fei Protocol

TRIBE is now redeemable for PCV. You can use the redeem page on Tribe DAO

Note that redeeming now foregoes the last amount of PCV to be added after the OTC of veBAL for 1M DAI with the Aave Companies. This means for every 10,000 TRIBE redeemed before this OTC completes, it would miss out on ~21.8 DAI. The Aave Companies have not provided an estimated completion time, optimistically it would complete within 1-4 weeks. The amount of underlying assets (including DAI, stETH, FOX, and LQTY) for redemption will not change otherwise, so waiting for redeeming in confirmation of the completion of the OTC will provide the maximum amount of underlying assets. Updates will be provided here Aave Companies OTC Proposal for Tribe DAO’s veBAL - #4 by Eswak and in Discord announcements.

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