CVI’s new Tokenomics Tutorial

CVI
4 min readMay 9, 2023

Staking on Arbitrum

GOVI

  1. Click the Staking tab, if you previously staked GOVI click the “STAKING V2” button, press “UNSTAKE” and confirm in your wallet.

2. Click “STAKE” in the GOVI box.

3. Insert the desired amount of GOVI that you want to stake, click confirm and approve in your wallet.

Theta Vault (T-CVI-LP)

When you deposit USDC to the Theta vault, you receive LP tokens that can be staked to get more esGOVI rewards

  1. Click the Staking tab.
  2. Click “STAKE” in the Theta Vault (T-CVI-LP) box.

3. Insert the desired amount of T-CVI-LP tokens that you want to stake, click confirm and approve in your wallet.

Escrowed GOVI

  1. Click the Staking tab.
  2. When you have earned esGOVI, the easiest way to stake it is by clicking the “COMPOUND” button in the Total Rewards box which automatically stakes your available tokens.

3. In case you have claimed your esGOVI you click “STAKE” in the Escrowed GOVI box.

4. Insert the desired amount of esGOVI tokens that you want to stake, click compound and approve in your wallet.

Claiming

When you want to claim your staking rewards and/or your vested GOVI you can do it all at once by following these steps:

  1. Click the Staking tab.
  2. Click “CLAIM” in the Total Rewards box.
  3. Choose the assets you want to claim, click claim and approve in your wallet.

Vesting

esGOVI tokens earned from staking or LP’ing need to be vested separately because they have been sourced from different smart contracts. However the steps to deposit esGOVI for vesting are similar.

  1. Click the Staking tab.
  2. Under VEST click “DEPOSIT” in either the GOVI or the Theta Vault box depending on the source of your esGOVI.

3. Insert the desired amount of esGOVI that you want to stake, click confirm and approve in your wallet.

Bridging USDC Liquidity from Polygon to Arbitrum

The most efficient way to bridge assets from Polygon to Arbitrum is by using https://cbridge.celer.network/

  1. Go to https://v2.cvi.finance
  2. If you’re staking CVI-USDC-LP tokens, click the “staking” tab. In the “Your Staked Assets” box click the “UNSTAKE” button. Then click “MAX” to autofill the maximum amount, press “UNSTAKE” and confirm in your wallet.

3. When you have your CVI-USDC-LP tokens in your wallet click on the “Platform” tab and toggle the “Trade” switch to “Provide Liquidity”, click Max and withdraw your USDC.

4. Now you have USDC in your wallet and you can use Cbridge to transfer USDC to Arbitrum: Click the link, connect your wallet and make sure the “From” chain is Polygon and the “To” chain is Arbitrum, choose USDC as asset, fill in the amount you want to bridge, press “Approve”, confirm in your wallet and press “Transfer” and again approve in your wallet. It will take ~10 minutes for your USDC to appear on Arbitrum.

5. Go to https://cvi.finance, connect your Arbitrum wallet, click on the “Vaults” tab and press the “Enter Vault” button.
Fill in the amount you want to deposit and press the “Approve USDC” button, confirm in your wallet, now press the “Deposit” button and also approve in your wallet.

6. Congratulations! Within a few hours your transaction will be processed and your USDC will be added to the vault where you will immediately start earning rewards.

For all of our updates and to join the conversation, be sure to check out CVI channels:

Website: https://cvi.finance

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GitBook: https://docs.cvi.finance/

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CVI

CVI is a decentralized volatility index for the crypto space