CAVIAR (denoted as $CVR) is an innovative cryptocurrency project developed by Tangible. As a liquid wrapper, CAVIAR simplifies the intricacies associated with ve(3,3), facilitating a straightforward token system for all levels of cryptocurrency investors. The project is renowned for its full automation that governs weekly voting, token management, and locking, leaving users with a single, high-yield token to stake.
A Unique Project
CAVIAR stands out due to its automated and streamlined approach to token management. The project removes significant layers of complexity, making the handling of cryptocurrency more accessible to the average investor. This ease of use makes it a uniquely appealing choice within the crypto market.
Project Timeline
CAVIAR was officially launched on August 17. While fairly new, it has swiftly caught the attention of crypto enthusiasts and investors, thanks to its innovative and simplified approach to token management and stakeholding.
Future Plans
With a view to expanding its reach and utility, CAVIAR is planning integrations and partnerships with Pearl and Beefy finance teams. This includes the creation of a vault and hosting an AMA, dedicated to educating their users about the functionalities and benefits of $CVR.
Token Utility
The CAVIAR ($CVR) token serves as a self-sustaining liquid-wrapper for the locked tokens vePEARL, the governance token of the Pearl Exchange. One of CAVIAR's main benefits is its streamlined access to outstanding vePEARL yields, paid to voters, and CAVIAR stakers, in the stablecoin $USDR. CAVIAR is expected to be a significant income source for both its users and Tangible 3,3+ locked token holders. As an added benefit, these locked token holders can potentially receive 20% of the vePEARL yield.
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