IQ.wiki

Read

Edit

History

Notify

Share

CVault.finance

CVault.finance (Launched in September 2020) is a DeFi (Decentralized Finance) protocol with a deflationary governance token, CORE, that users can stake and use to Yield Farm[1][2]

Overview


The platform is implementing "Automated Strategy Vaults," which allow for the automatic execution of profit-generating strategies for staked tokens. The platform was launched on the Ethereum mainnet in September 2020, with CORE debuting on Uniswap seven days later[3]

Aiming to be completely decentralized, cVault.finance calls its governance model "the strongest and most involved in DeFi." CORE token holders vote as a community to implement changes to the protocol, including the creation of new liquidity pools or the elimination of existing ones[4][5].  

CORE is also a non-inflationary  that is designed to execute profit-generating strategies autonomously with a completely decentralized approach[6][7].  

CVault.finance was launched by two pseudonymous developers known as "0xRevert" and "X 3." The two supposedly have a history of working in traditional software development, but CVault.finance is their first crypto-related project[8]

In October 2020, CVault.finance brought on another pseudonymous individual, "0xdec4f," to join its leadership team as head of operations. Prior to assuming an official role with CVault.finance, 0xdec4f was an active community member and moderator of the platform's Telegram (software) channel[9]

CORE is primarily exchanged on Uniswap (V2), although it is also listed on Bilaxy and Hotbit. It can be traded against Ether, WETH (WETH), Tether (USDT), and 

CVault.finance Uniqueness


The main way in which CVault.finance seeks to differentiate itself from other Defi protocols is through its focus on deflationary yield farming. CVault.finance offers what it calls "deflationary farming" in which no new tokens are ever minted. Rather, a 1% fee is charged on token transfers, and the fees are used to reward liquidity providers[10]

CVault.finance token (CORE)


CORE is a non-inflationary cryptocurrency designed to execute profit-generating strategies autonomously with a completely decentralized approach[11]

CORE is designed for great community governance. The community decides everything, from developer fees to deciding on the fee approver contract, adding new pools, rebalancing, and even disabling pools in the CORE Transfer contract.

CORE tokens holders will be able to provide strategy contracts and vote on what goes live and when in order to decentralize autonomous strategy execution. 5% of all profits generated from these strategies are used to auto-market-buy the CORE token[12]

See something wrong? Report to us.

CVault.finance

Commit Info

Edited By

Edited On

August 18, 2022

Reason for edit:

New Wiki Created 🎉

Feedback

Average Rating

No ratings yet, be the first to rate!

How was your experience?

Give this wiki a quick rating to let us know!

Twitter Timeline

Loading...

Loading

Media

REFERENCES

Join the IQ Brainlist

Sign up for the IQ Brainlist to get access to editing on the IQ.wiki site!

Join Now

Subscribe to our newsletter

The IQ Ecosystem Report will keep you updated on everything IQ.

Subscribe

IQ.wiki

IQ.wiki's vision is to bring blockchain knowledge to the world and knowledge onto the blockchain. A part of Brainfund group

https://twitter.com/IQWIKIhttps://www.reddit.com/r/Everipedia/https://t.me/everipediahttps://www.instagram.com/iqwiki_/https://github.com/EveripediaNetworkhttps://discord.gg/x9EWvTcPXthttps://www.facebook.com/iqdotwiki

IQ

What's IQ?StakingBonds

Company

About usCareersWe're hiringBrandingIQ GPTIQ Dashboard

© 2024 IQ.wiki Powered By BrainDAO & IQ