1. Basic Information
Full name: PowerPool
Abbreviation: CVP
Type: Native governance token
Total amount: 100 million
Circulation: As of the current time (August 14, 2024), the specific circulation may vary, but according to historical data, its circulation rate is about 34.88%
2. Functions and Applications
The CVP token is a core component of the PowerPool protocol, which aims to increase the utility of governance tokens and provide a more solid and powerful decision-making system for the DeFi ecosystem.
Token holders can lend, pool, and borrow governance tokens in Ethereum-based protocols to earn income and accumulate governance power.
Holders of CVP tokens have governance rights and can participate in the decision-making and development of the protocol. This community support provides a solid foundation for the long-term development of CVP coins.
3. Technical Features
The PowerPool protocol adopts a series of innovative technologies and designs, including decentralized asset management, smart contracts, etc. These technological innovations provide strong support for the investment potential of CVP coins.
PowerPool also provides tools such as Power Index and Power Oracle, the former is a community-managed decentralized financial index and the latter is a distributed cross-chain price oracle, which further enhance the functionality and practicality of CVP tokens.
IV. Market Performance
The price fluctuation of CVP tokens is affected by many factors such as market supply and demand, investor sentiment, etc. Although the price has fluctuated over the past period of time, in the long run, as the native governance token of the PowerPool protocol, it has high investment potential.
It should be noted that investing in CVP tokens also involves certain risks. Investors should treat this rationally and make reasonable investment decisions based on their own circumstances.
$CVP $BTC $ETH #新币挖矿TON #美国7月PPI低于预期 #美国CPI数据即将公布
Follow and check the homepage! Bull market layout, take you to know more about 100x coins!