icon - cVault.finance
CORE cVault.finance
+ 0.07%
$ 6,371.03013884
Volume 24h
Circulating supply
Change 24h
Graph (7d)
  • 371
    $ 6,371.03013884
    $ 63,710,301
    $ 543
    10,000 CORE
    + 0.07%
What is cfinanceVault?
Users can stake and use the deflationary governance token, CORE, to yield farm with CVault.finance.
The governance model of cVault.finance is the strongest and most involved in Defi.
The platform was launched on the mainnet in September of 2020.

Who is the founder of cVault.finance?
The two developers known as "0xRevert" and "X 3" have a history of working in traditional software development.
cVault.finance brought on a new head of operations, "0xdec4f," in October 2020.

What makes cfinance unique?
The main way in which cVault.finance differentiates itself is through its focus on deflationary yield farming. The project believes that minting new token is not sustainable in the long term as it devalues the token.
Deflationary farming is offered by CVault.finance, in which no new token is ever created. The 1% fee on token transfers is used to reward liquidity providers. It says the protocol guarantees a stable market.
The cVault.finance development team gets 7% of token transfer fees, while the rest is redistributed as rewards.

There are related pages.
The governance token of the Uni swap platform is called UNI.
The yearnfinance project skyrocketed in popularity in 2020.
Do you want to use Uni swap yourself?
Stay up to date with the latest news on DeFi, yield farming and more.

How many coins are in circulation?
There is a fixed supply of 10,000 token. During the initial seven-day "liquidity generation event" that took place in September 2020, participants contributed over 3,759 ether, which was used to create a CORE/ETH Uni. In October 2020, a second LGE was held, this time accepting WBTC and receiving over $5 million in value.
Unlike typical Uni swap pairs, theseLP token cannot be redeemed for their underlying asset, thus permanently locking liquidity into the protocol. This has led to the creation of a secondary market where users can buy and sell other assets.
The development team doesn't receive any CORE token as a part of its LGEs.

How is the network secured?
Although it has proposed a new standard, CORE is still an ERC-20 token.
There is no way for the developers to carry out a "rug-pulling" event in which the development team makes off with cash because the events use open-source smart contracts.
The project's smart contract was audited in October 2020.
A $50,000 bug bounty was offered by the cVault.finance team in October 2020.

Where can I buy cfinanceVault?
It is also listed on Hotbit and Bilaxy.
Are you interested in buying cryptocurrencies?