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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:
- 14.5% [60,900,010] 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 on TGE, in the CVE locker during the vesting period (1 year)
- 1% [4,200,000.69] Early Backers Raise – Vote-locked on TGE, in the CVE locker during the vesting period (1 year)
- 59.25% [248,850,040.88] Gauge Emissions, Boosted Lock Rewards (over minimum 15 years)
- 2% [8,400,001.38] Initial Pool Liquidity – LBP 5-days before beta launch conclusion, LBP funds will be paired with DAO treasury tokens as protocol-owned liquidity
Circulating Supply on Official Release is: 69,825,011.47
Max Supply is: 420,000,069
Last modified 23h ago