Tokenomics
CVE is an ERC-20 governance token on the Ethereum Network
To better facilitate protocol governance and fee redistribution, Curvance is creating the CVE token. This token will allow users to lock up for a set period to gain DAO voting rights, boosted rewards, and platform fee redistribution.
The total breakdown of token allocation is as follows:
- 13.15% [55,230,009.07] Treasury – 25% will be vote-locked on TGE [Token Generation Event], in the CVE locker
- 13.5% [56,700,009.32] Team – Vested over 4 years released monthly
- 6% [25,200,004.14] Seed Raise – Vote-locked with no additional CVE reward incentive during vesting period (1 year)
- 1% [4,200,000.69] Early Backers Raise – Vote-locked with no additional CVE reward incentive during vesting period (1 year)
- 40% [168,000,027.6] Bonding & Boosted Rewards (over minimum 10 years)
- 1.67% [7,014,001.15] Initial Pool Liquidity – Unlocked on TGE
- 8% [33,600,005.52] CVE Lockers – Distributed over a minimum 8-year period
- 15% [63,000,010.35] Lending liquidity incentive over 10 years
- 1.68% [7,056,001.15] Airdrop – 1.68% on TGE with lock/burn option on claim
Initial Circulating Supply on TGE is: 40,368,588.72
Max Supply is: 420,000,069
Last modified 13d ago