Carve Governance is now live!

carve.finance
2 min readJan 8, 2021

🏛 How does Governance work?

The core of DeFi is allowing an investor a direct market to own and exercise decision power and risk rights over advanced financial assets without the need for extreme oversight.

Governance is the purest form of that power. With Carve, token-holders are responsible for monitoring risk, analyzing protocol proposals, voting for optimal functionality, and guiding the protocol’s future state's overall direction.

  1. Users vote with complete confidentiality
  2. Have the community decide how they will spend their budget and ensure that there is ample funding for Automated Governance.
  3. Work to define and adapt to the needs of the community protocol.

To vote on a proposal, users must hold Carve in their balance. To keep costs low on smaller holders and keep to the industry standards, we decided to migrate to off-chain voting hosted by Snapshot.

📸 What is Snapshot?

Snapshot is an off-chain gasless multi-governance client with easy to verify and hard to contest results. It makes creating and voting on proposals free with similar benefits to on-chain voting.

📢 Check out our latest implementation live: https://snapshot.page/#/carvefinance.eth

Our Test proposal can be found here:

https://snapshot.page/#/carvefinance.eth/proposal/QmWANoFgDDJnxsH55FZ73Hf9JQCvqBqpaWxtyyLmnMcRfk

Note: Additional profits are obtained for Carve through a governed fee structure.

How to get started with $CARVE today?

You can start depositing LP tokens to the MasterCarve contract using the interface at https://app.carve.finance.

Check us out!📢

For the latest news and updates, follow our community. Here you can ask questions, get support or just learn of what’s to come.

🐤 Twitter

💬 Discord

🔔 Telegram

--

--