Tokenomics
CVE is an Omnichain ERC-20 governance token
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 access DAO voting rights, gauge emission voting rights, and platform fee redistribution.
The total breakdown of token allocation is as follows:
- 13% [54,600,008.97] 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, 25% will be vote-locked on TGE, in the CVE locker
- 6% [25,200,004.14] Seed Raise – Vote-locked with no additional CVE reward incentive during the vesting period (1 year)
- 1% [4,200,000.69] Early Backers Raise – Vote-locked with no additional CVE reward incentive during the vesting period (1 year)
- 53% [222,600,036.57] Gauge Emissions, Boosted Lock Rewards (over minimum 12 years)
- 1.7% [7,140,001.17] Initial Pool Liquidity – LBP on beta launch conclusion, LBP funds will be paired with treasury tokens as protocol-owned liquidity
- 8% [33,600,005.52] CVE Lockers – Distributed over a minimum 12-year period
Circulating Supply on Official Release is: 64,935,948.17
Max Supply is: 420,000,069
Last modified 11d ago