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 2 years released monthly
5% [21,000,003.45] 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
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
2.68% [11,256,001.84] Airdrop – 2.18% on TGE with 0.5% vested for future community airdrop events
Initial Circulating Supply on TGE is: 41,370,012.66