Smart Bonding, Liquid Staking, and Rewards

Official May 29, 2022

As we release Smart Bonding and Liquid Staking, we wanted to reward everyone who accompanied us on this epic journey.

Some of you walked alongside us since the beginning, while others are fresh in the project – but one thing is for sure, we are all Concavians.

Community matters, it is and always has been our number one priority. That’s why we want to reward you for your support and added value.

How?

By increasing the emission boost 3x for the first reward period for staking and bonding.

Note: The 3x emission boost will only be available before 31st May 2022. And the first reward happens on May 31, 2022, 00:00AM EDT.

3x Emission Boost: Time to Rake In Some Profits!

Our earliest supporters will be rewarded with 3x emission boost for staking and bonding - this emission boost will only be available before 31st May 2022.

To give you a sense of how the math works out, we have prepared a few sample scenarios for you.

All examples are calculated:

for every 100,000 DAI being bonded
a price of $30 / CNV
a circulating supply of 160,000 tokens ( 182,000 - 12,000 from the LP)

Keep in mind that this is per 100,000$ bonding volume, meaning if there is 200,000 bonding volume in the reward period, the bond emissions will reflect dynamically!

Scenario 1: Even distribution between all pools

	Pool 360	Pool 180	Pool 90	Pool 45
CNV locked	40,000	40,000	40,000	40,000
Bond Emissions	2,724	2,043	1,362	681
Base Emissions	19.9	17.4	15.0	12.5

Scenario 2: 50/50 distribution in 360 and 180-day pool

	Pool 360	Pool 180	Pool 90	Pool 45
CNV locked	80,000	80,000	0	0
Bond Emissions	11,764	8,755	0	0
Base Emissions	34.6	30.2	0	0

Scenario 3: 50/50 distribution in 90 and 45-day pool

	Pool 360	Pool 180	Pool 90	Pool 45
CNV locked	0	0	80,000	80,000
Bond Emissions	0	0	1,776	888
Base Emissions	0	0	35.4	29.6

It’s All About Community: Rewarding Value, Patience, and Trust.

Our number one priority is the community.

Community is us, community-built this, the community is you, me, and everyone else with CNV on their wallets.

We wanted to reward the community because not only does it provide value, but it patiently supports the development of our products, which can be seen by how price and engagement are steady even though CryptoTwitter has all sorts of people screaming CRYPTO IS DEAD!

Finally, we also constantly state that trust is something we highly value, and as such we know to highly reward.

So, to sum it up, we are not only launching the product but also strapping in some cool boosts to make sure you're rewarded for being there.

Thank you for having our back and for being part of this wonderful journey.