What Is Concave? (CNV)
Concave is a community-driven, product and investment organization that aims to bring value to investors through the development of innovative DeFi products and active treasury management. At launch, Concave will introduce several novel solutions to grow its treasury while ensuring long-term investors receive the highest returns.
Concave Coin is a community-driven, product and investment organization that aims to bring value to stakers through the development of innovative DeFi products and active treasury management. Concave will introduce several novel solutions to grow its treasury while ensuring long-term stakers receive the highest returns.
| Coin Basic | Information |
|---|---|
| Coin Name | Concave |
| Short Name | CNV |
| Circulating Supply | 183,859.04 CNV |
| Max Supply | 333,000,000 |
| Source Code | Click Here To View Source Code |
| Explorers | Click Here To View Explorers |
| Twitter Page | Click Here To Visit Twitter Group |
| Whitepaper | Click Here To View |
| Support | 24/7 |
| Official Project Website | Click Here To Visit Project Website |
Flexible Price
The live Concave price today is not available with a 24-hour trading volume of not available. They update CNV to USD price in real-time. Concave has no change in the last 24 hours. The current CoinMarketCap ranking is not available, with a live market cap of not available. The circulating supply is not available and a max. supply of 333,000,000 CNV coins.
Features
Non/Anti-Dilutive Emissions
Locked staking pools will receive immediate compounded rewards to its position based on the supply inflation generated through purchased bonds. Each locked staking position will capture a percentage of supply growth as a function of CNV minted through our fixed-term accrual bonds.
Those in the longest locked staking position (the 1-year lock) will never be diluted and will increase their share of the market cap when other rewards are considered. This will be reinforced directly in protocol contracts through a staking cap on non-dilutive positions and the minimum price on bonds. These components ensure all liabilities to protocol stakers are accounted for when CNV is minted.
Long term Emissions
Each bonding event creates an available rewards pool of Concave Coin that can be rewarded. A surplus is generated after anti-dilutive rewards are paid to staking positions. A portion of excess emissions will be allocated to a long- term emissions pool that will be rewarded to stakers over vesting schedule. The remainder will be recycled back into bond issuance to protect treasury backing.
Emissions rewarded to stakers will be capped at an aggregate APR controlled by Policy.This long-term emissions pool will grow over time allowing for continuous rewards to stakers regardless of bonding activity. Staking positions will receive a boost on these rewards according to term length. The longest locked staking position will receive the highest return while the shortest locked staking position will receive the lowest return.
Backing
After both reward pools are accounted for, a proportion of excess rewards will remain unminted. This factor is controlled by a variable in the protocol contracts to ensure regulation on inflation, price stability, and treasury backing per CNV.
Treasury Dividend
Concave Coin will actively manage its treasury implemented across a number of investment portfolios and product lines.These are documented in greater detail in later section. The yield return on these strategies will be paid out to locked stakers in the form of a dividend at defined intervals.
Stakers will receive a boost in their dividend according to staking term length. Dividend payouts will be allocated master chef style (ie. Non- native token) to ensure additional revenue streams for stakers while maintaining long term protocol health.
Tokenomics
Community + Public Sale: 90%
- Community WL sales
- Contributors pToken
- Special Dividends Rewards to community
- pToken Airdrops for NFT holders
Seed Investor presale 6.66%: 666,666 (bbtCNV)
- 1 month cliff, and fully vested over 12 months.
Team: 3.33% (pToken)
- Vested for 24 months with 2 month cliff via smart contract (pToken)
First Principles
OHM is on track to become the reserve currency of DeFi. In order to overcome a zero-sum situation between protocols, we propose not only a top-down synchronization between aligned protocols, but a full duplex styled relationship held between all nodes of the OHM ecosystem. Coupled with the power of double entry accounting principles, the net total of benefit accrual surpasses a 1:1 ratio for aligned parties.
Concave Coin system proposes to unlock the benefit of a Nash Equilibrium on a protocol wide level. Increasing the velocity of OHM’s circulation is quintessential toward it becoming a reserve currency. As more products are built atop the primitive, the velocity of circulation will increase. As collaboration increases, the vision more quickly becomes reality.
