Tokenomics

CVE is a multichain ERC-20 governance token

To better facilitate protocol governance and fee redistribution, Curvance is creating the CVE token, which will be a multichain ERC-20 governance token. This token may be locked up in the vote-escrow smart contract for a set period of time 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% [248,850,040.88] Gauge Emissions (over minimum 15 years).

• 4% [15,750,002.59] Incentivized Testnet + Beta Boosted Emissions – Community Incentive Program.

• 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