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:
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- Curve attains more than $300 million in locked value
