cVault.finance

cVault.finance (CORE)

$4,882.39 USD (4.67%)
0.25512079 BTC (3.91%)
8.20824362 ETH (3.81%)
구매
거래
도박
Earn Crypto
  • 시가총액
    $48,823,869 USD
    2,551 BTC
    82,082 ETH
  • 거래량(24시간)
    $1,743,106 USD
    91.08304905 BTC
    2,931 ETH
  • 유통 공급량
    10,000 CORE
  • 총 공급량
    10,000 CORE

cVault.finance 정보

What Is cVault.finance (CORE)?

CVault.finance is a decentralized finance protocol with a deflationary governance token, CORE, that users can stake and use to yield farm. The platform also plans to introduce "Automated Strategy Vaults," which will allow for the automatic execution of profit-generating strategies for staked tokens.

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.

The platform was launched on the Ethereum mainnet in September 2020, with CORE debuting on Uniswap seven days later.

Who Are the Founders of cVault.finance?

CVault.finance was launched in September 2020 by two pseudonymous developers known as "0xRevert" and "X 3." The two have a history of working in traditional software development, but cVault.finance is their first crypto-related project. The co-founders have stated that they decided to create the platform after witnessing DeFi yield farming operations "fantastically implode due to poor economic decisions" such as minting new tokens as part of the farming process.

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 channel.

What Makes cVault.finance Unique?

The main way in which cVault.finance seeks to differentiate itself from other DeFi protocols is through its focus on deflationary yield farming. The project believes that minting new tokens to reward liquidity providers — a process carried out by many DeFi protocols — is unsustainable in the long term, as it devalues the token. It has referred to this form of incentivization as "flawed and short minded."

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. In addition, the protocol prevents the withdrawal of liquidity from Uniswap, which it says guarantees a stable market. These built-in measures, it argues, will ensure the sustainability of the platform.

The cVault.finance development team receives 7% of token transfer fees, while the remaining 93% is redistributed as rewards to liquidity providers.

Learn more about UNI, the governance token of the Uniswap platform.

Learn about yearn.finance, a DeFi project that skyrocketed in popularity in 2020.

Interested in using Uniswap yourself? Read an in-depth guide on Alexandria, CoinMarketCap's online educational resource.

Stay up to date on DeFi, yield farming and more with the CoinMarketCap Blog.

How Many cVault.finance (CORE) Coins Are There in Circulation?

CVault.finance has a fixed supply of 10,000 tokens. All 10,000 CORE was minted in September 2020 during the project's initial seven-day "liquidity generation event," or LGE, during which participants contributed over 3,759 Ether (ETH) — valued at $1.41 million at the time — that was used to create a CORE/ETH Uniswap liquidity pool, with contributors receiving liquidity pool tokens. A second LGE was held in October 2020, this time accepting Wrapped Bitcoin (WBTC) and receiving over $5 million in value. The project plans to hold a third event centered around a stablecoin.

Unlike typical Uniswap pairs, these LP tokens 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 trade LP tokens for other assets. The development team of cVault.finance has also stated that this results in a so-called "price floor," meaning that CORE can never drop below a certain price.

According to cVault.finance, the development team does not receive any CORE tokens as a part of its LGEs.

How Is the cVault.finance Network Secured?

CORE is an ERC-20 token — although it has proposed a new ERC-95 standard — meaning that it relies on the Ethereum blockchain to validate CORE transactions. Ethereum uses a proof-of-work consensus algorithm in which miners compete among each other to add new blocks to the blockchain and a majority of all nodes in the network must confirm a record for it to be posted.

According to co-founder X 3, because cVault.finance's liquidity generation events use open-source smart contracts and liquidity is permanently locked in Uniswap, there is no way for the developers to carry out a "rug-pulling" event in which the development team makes off with users' funds — thus making it more secure than other DeFi projects.

The project's smart contract was audited in October 2020 by blockchain software development and security consulting company The Arcadia Group. The firm found that while there were no critical security flaws that required immediate attention, there were some fixes that could be implemented to improve security.

The cVault.finance team also announced in October 2020 that it was offering a $50,000 bug bounty for community members who find flaws in its upcoming changes to its code.

Where Can You Buy cVault.finance (CORE)?

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 Bitcoin (BTC).

Are you interested in buying CORE or other cryptocurrencies such as BTC? CoinMarketCap has a simple, step-by-step guide to teach you all about crypto and how to buy your first coins.

cVault.finance 오늘 가격
cVault.finance 가격$4,882.39 USD
24시간 최고/최저
$4,916.47 USD /
$4,472.25 USD
24시간 거래량$1,743,106 USD
시가총액$48,823,869 USD
시가 순위#266
cVault.finance 어제 가격
어제 최고/최저
$4,751.39 USD /
$4,526.39 USD
어제 시작가/종가
$4,745.10 USD /
$4,528.36 USD
어제 변화$-216.74 USD (-4.57%)
어제 거래량$1,324,364 USD
cVault.finance 가격 내역
7일 최고/최저
$4,916.47 USD /
$3,507.94 USD
30일 최고/최저
$4,916.47 USD /
$2,993.67 USD
90일 최고 /최저
$8,057.36 USD /
$2,850.65 USD
52주 최고/최저
$8,057.36 USD /
$2,850.65 USD
전체 최고
$8,057.36 USD
(Oct 17, 2020)
전체 최저
$2,850.65 USD
(Nov 04, 2020)
cVault.finance ROI
105.93%
cVault.finance 공급
유통 공급량10,000 CORE
총 공급량10,000 CORE
최대 공급량데이터 없음
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