CARV has taken an enormous step forward by launching its native utility token, $CARV, built on the Base, an Ethereum Layer 2 network.
$CARV token is available on eight significant CEXs, including Bybit, KuCoin, and Bitget. A part of CARV’s purpose is to help gamers and AI developers have more control over their data.
The $CARV Token
It’s CARVing time!$CARV is officially tradable on these EIGHT exchanges:Bybit: https://t.co/w6IDA0OMrqKuCoin:https://t.co/RLkVoWLOVsBitget: https://t.co/j9rc6kJxOtBingX:https://t.co/kfPBNaUUUrHashKey:… pic.twitter.com/u8gzowF3wd— CARV (@carv_official) October 10, 2024
What Can You Do with $CARV?
For gamers, $CARV is a big deal. Following three successful experimental seasons, CARV’s play-to-earn economy, Infinite Play, now integrates $CARV. Gamers can stake $CARV tokens with high APR, which means better rewards for playing. Meanwhile, with more developments in AI, Web2 firms might need $CARV to gain access to relevant user-controlled data, thus increasing the demand even further.
It’s not only the gaming aspect; $CARV owners are stakeholders in the platform’s expansion. They can propose new additions to change CARV to a user-initiated project. You can secure your $CARV tokens via veCARV (CARV’s voting setup on Arbitrum). You can also boost your voting power by pushing for extended staking.
CARV Mainnet is LIVE on @arbitrum!🔥 Node operators, get ready for new rewards! Update your CLI tools to transition from Alphanet to Mainnet for uninterrupted participation.⚡ Don’t forget: uptime and slashing rules apply. Full guide – https://t.co/EiukFiRBeE https://t.co/kO6LQ9CZMs— CARV (@carv_official) October 11, 2024
$CARV Tokenomics
$CARV’s total supply is 1 billion tokens, but don’t worry; they won’t all hit the market at once. They intend to use up the entire stock within four years, sharing 50% with the community. This is its token allocation:
- 50% to the community and nodes.
- 19.46% to the founding team and advisors.
- 9.25% to early investors.
- 9% to the ecosystem and treasury.
- 8.30% to private fundraising.
- 4% to liquidity.
What’s Next for CARV?
Disclaimer
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