Decrypting $CARV Token Economics: A Quick Guide to Making Money for Newbies

$CARV is the core token driving the CARV ecosystem, giving users true data ownership and monetization capabilities, focusing on gaming and AI. Through $CARV, users can not only complete multi-chain gas payments, but also enjoy exclusive ecological benefits.

At the same time, $CARV provides games and projects with access to secure, unified player data archives. As a governance tool, $CARV allows holders to jointly participate in the future development of CARV and promote the construction of a modular data layer through staking rewards and incentive mechanisms.

With the completion of TGE, CARV plans to accelerate ecological integration, promote community-led governance, and further enhance staking rewards to lay the foundation for the long-term development of the ecosystem.

The $CARV token economic model is exquisitely designed, but it may seem a bit complicated at first glance. It involves too many calculations, which may intimidate you as an ordinary user, and you don’t know what to do to quickly increase your assets.

In this article, we will try to help you quickly understand how $CARV is played, and provide clear and actionable guidelines so that you can easily increase your assets.

Distinguishing between $CARV, veCARV and veCARV(s)

$CARV – Core Asset

$CARV is the main token of the CARV ecosystem and has been opened for trading on multiple exchanges (the trading information of $CARV can be viewed on CoinMarketCap and CoinGecko).

It can be considered a core asset of the CARV ecosystem, with intrinsic value in its own right. We will also provide a more detailed strategy for $CARV later and introduce why buying and staking $CARV can bring good returns.

veCARV – Intermediary

veCARV (voting-escrow CARV, voting-locked CARV) is your key to entering the CARV ecosystem to gain rewards and influence.

veCARV is a non-transferable token that symbolizes your contribution to the CARV ecosystem. Whether by participating in the CARV airdrop or by running a CARV verification node to enhance the stability of the network, you can receive veCARV as a reward. [Learn more about CARV nodes and how to obtain them].

By holding veCARV, you will be able to fully participate in the future construction of CARV and have the right to vote on governance decisions. After claiming veCARV, you can also choose to redeem it for $CARV tokens.

Additionally, there are veCARV(s), a special token obtained by staking $CARV that gives holders powerful governance rights. While veCARV(s) is not redeemable for $CARV, it has full voting rights in the ecosystem’s governance, allowing you to directly influence the direction of CARV’s development.

veCARV allows you to fully participate in the future development of CARV, giving you the power to vote in governance, and can be redeemed for $CARV after receiving it.

Additionally, there are veCARV(s), an exclusive token obtained only by staking $CARV, with powerful governance rights. While veCARV(s) is not redeemable for $CARV, it has full voting rights in ecosystem governance, allowing you to directly participate in the direction of CARV.

A concise overview:

  • $CARV: Your cornerstone asset.

  • veCARV: Opens the door to CARV governance and can be converted to $CARV.

  • veCARV(s): Generated through staking, enjoys full governance rights, but is not redeemable for $CARV.

By clarifying the division of labor among these tokens, you can better maximize your profits in the CARV ecosystem!

Step-by-step instructions to earn more $CARV

Now that you know everything about $CARV, veCARV, and veCARV(s), your strategy for earning more $CARV becomes much simpler. Here are two current reliable ways to grow your $CARV holdings:

Staking strategy

Staking $CARV currently offers up to 550% annualized interest rate (APR). Visit the CARV Staking page to select your staking amount and duration - the more $CARV you stake and the longer you commit, the greater your voting power and the greater your daily $CARV rewards.

In addition, actively participating in CARV governance by staking $CARV will also affect your eligibility to participate in the second quarter airdrop, when 3% of the tokens will be released.

Tips:

Get more $CARV through the exchange (check the exchange information provided by CoinMarketCap or CoinGecko), and then return to the CARV pledge page to increase your pledge principal.

This way you can enjoy a high APR and daily $CARV inflows. It’s important to note that staking occurs entirely on-chain, meaning your $CARV will be locked until the end of the staking period – so stake wisely and make sure you do it within your means!

Long-term layout: operating CARV nodes

By purchasing and running a CARV verification node, you can receive daily veCARV rewards. If you want to further increase your income, you can also enable the delegation commission function and allow other node holders to delegate to you, so that you can earn commissions and increase veCARV income.

As the CARV ecosystem expands, CARV verification nodes will play a more critical role, such as verifying CARV DB (autonomous virtual storage powered by Eigenlayer) and ensuring the security of CARV Link (on-chain Oracle/Attestation service). These enhancements make validator nodes the cornerstone of a powerful and scalable CARV network. Buy node

Operating nodes, earning veCARV, and actively participating in CARV governance will also increase your qualifications to participate in the second quarter airdrop. 3% of the tokens will be released in the second quarter airdrop.

Tips:

After claiming veCARV, please remember that converting it to $CARV requires configuring a redemption period. The longer the unlock period, the higher the redemption rate – up to 100% of the full return. Note that once veCARV enters the redemption period, it will no longer be eligible to participate in governance voting.

We can see that CARV token economics incorporates many excellent precedents, such as CURVE. Generally speaking, CARV's token design encourages long-termism. The token model also considers many selling pressure issues and provides a cornerstone for stable currency prices.

If you want to learn more about CARV’s token economics principles, please check out the Token Economics chapter in our white paper. A detailed description of the algorithm and rules is available here: CARV White Paper - Token Economics.

This article is reproduced in cooperation with: Shenchao

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