CVE Token

Token Utility

CVE serves multiple core functions within the Curvance ecosystem:

• Governance: When locked in voting escrow positions (veCVE), holders gain the ability to direct gauge system emissions through offchain voting.

• Fee Accrual: veCVE holders receive protocol fees distributed via the Reward Manager, creating a direct economic benefit to participation.

• Emissions: Users can receive CVE through the protocol gauge system as rewards for various activities.

• Boosting: When claiming gauge emissions, users can choose to lock their CVE directly into a voting escrow position with a multiplier applied, incentivizing long-term alignment.

Emission Structure

Unlike traditional DeFi protocols that rely heavily on inflationary token models, Curvance has designed CVE with sustainability in mind:

• Gauge Emissions: The primary source of new CVE tokens entering circulation, directed to markets based on governance voting.

• No Inflationary Rewards: The system prevents disproportionate rewards for early participants, creating a protocol that remains as attractive in year 15 as on day 1.

• Strategic Treasury Allocation: Protocol fees received in non-CVE tokens can be used to purchase CVE tokens via OTC mechanisms, supporting token value.