FIP:88 VOLT joins the TRIBE

Summary/Specification:

Volt Protocol was incubated by the TRIBE, and in exchange will provide 60m VCON tokens (6% of supply) to the TRIBE treasury.

To establish long term alignment, Volt Protocol proposes to swap 240m VCON tokens (24% of supply) for 2.4m FEI and 3.63m TRIBE. The swap will be conducted at the seed round valuation of Volt and a one month TWAP of TRIBE prior to the Volt whitepaper release.

Volt also requests that the TRIBE provide a 10m FEI liquidity backstop for VOLT's launch, and engage in ongoing cooperation and support.

For full details please see the forum post here: https://tribe.fei.money/t/fip-88-volt-joins-the-tribe/4007

If passed on Snapshot, this proposal will be submitted to on chain governance following the deployment of VOLT's smart contracts to Ethereum mainnet.

Voting:

The proposal will use simple-choice yes/no voting.