Curve Discloses Liquidity Mining Pre-launch Rewards

Curve Discloses Liquidity Mining Pre-launch Rewards

By Abhi K | News | 11 Aug 2020


On August 10, decentralized exchange Curve Finance (CRV) ended its pre-launch period and disclosed the rewards for being a pre-launch liquidity provider.

  • Liquidity providers (LPs) will receive rewards commensurate with the amount of liquidity and the liquidity provision time frame
  • 5% of CRV’s initial 1.3 billion supply will be distributed as rewards for pre-launch LPs
  • 62% of the total 3.3 billion supply will be distributed as rewards over time 
  • 2 million CRV, roughly 0.06% of the total supply, will be distributed daily
  • The CRV governance token is expected to launch in the coming weeks

Related Reading:

  • Synthetic, Curve and Ren release yield farming program
  • Curve attains more than $300 million in locked value

Abhi K
Abhi K

Technophile, cryptocurrency enthusiast and journalist.


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