The $GOVI Tokens Have Been Distributed and Can Now Be Staked to Earn CVI Platform Fees

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We are happy to announce that the $GOVI tokens have been distributed and are now in the ETH address that has been provided during the claim periods of 2020.

$GOVI tokens holders vote on matters such as the tradable assets, leverage used, deposit amounts, platform fees and more. $GOVI holders who stake their tokens share the Crypto Volatility Index platform fees.

The initial circulating supply for the $GOVI token is 5.797M:

  • 4.8M $GOVI tokens for $COTI holders who made a claim and provided liquidity to the Uniswap pool
  • 150K $GOVI tokens as incentives for the CVI TestNet competition
  • 847K $GOVI tokens for the CVI development fund
$GOVI allocation for 3 years

$GOVI token holders can now stake their tokens to claim their share of the CVI platform trading fees.

Here is how to stake $GOVI:

Go to “Manage your tokens” page, click on the “Stake” tab → select the $GOVI token → insert the amount to stake, and click “Stake”.

Users of the CVI platform earn more $GOVI by providing liquidity to the platform or by trading with it.

We’ll be publishing a dedicated article about staking and claiming rewards on the CVI platform, stay tuned!

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

Website: https://cvi.finance

Whitepaper: https://cvi.finance/files/cvi-white-paper.pdf

Twitter: https://twitter.com/official_CVI

Telegram (group): https://t.me/cviofficial

Telegram (channel): https://t.me/cvichannel

CVI is a decentralized volatility index for the crypto space — powered by COTI network

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