CARVE is officially launching today!

👨‍🚀 The Mission:

Our vision will change the way yield farming and decentralized finance (Defi) is done today by bringing higher and more stable yields while offering some of the most secure features in this ever-growing and evolving market.

We are building on what some of the best Defi projects have already started and are working diligently to bring our users some of the best new features today, as we offer a robust roadmap moving forward! More importantly, our protocol aims to create equality for any user looking to enter the space, driven by actual contract governance with strong tokenomics at its core.

Our approach uses best practices in lean and agile delivery, allowing us to focus our time on a consistent release of features and a great user experience. More so, this will look to maximize the confidence of our treasury within our community.

Protocol Incentives

💵 🔁 Transfer Fee’s

A 1.5% transfer fee is taken and dispersed evenly between Carve rewards pools and a supply amount, which will burn, lowering the total circulating supply.

💸🤲 Rewards Fee’s

• A 1.5% fee is taken when you claim your Carve token rewards.
• 100% of the rewards for all fees taken are re-deposited back into the staking rewards pool for the remaining staked Carve users.

What that results in for our community:

• Users have a constant flow of rewards and value coming into the community.
• The protocol allows for Carve to become a sustained asset that can be held long-term.
• Most importantly, this looks to solve a massive issue in Defi, where early adopters farm and dump on new and incoming investors, which results in a negative price impact.

Note: 1.5% fees for tx and claim can be changed or adjusted based on governance voting.

Protocol Distribution

• No Pre-Mine.
• No Founder Allocation.
• No Venture Capital.

For each block, 100 CARVE tokens will be minted and distributed to the users staked in each of the open pools.

However, as a reward for early adopters, in the first 100000 blocks (~2 weeks), the number of Carve tokens produced will be 10x, resulting in 1000 Carve tokens minted per block. All emissions and protocol distribution will be locked and subject to voting post-governance launch.

Once the website has gone live, rewards will open on Dec 5th. For reference, you can find the countdown here.

Carve Staking

• Stake CARVE to earn CARVE
• Funded from transfer fees + claim fees

Carve Liquidity Pools

Nine (9) staking pools will evenly spread CARVE tokens across the community.

Note: More farms will be enabled with governance voting and added to our release roadmap!

Feature

• CARVE/ETH CARVE-ETH

Stable

• USDC/ETH USDC-ETH
• USDT/ETH USDT-ETH
• DAI/ETH DAI-ETH

Defi

• SNX/ETH SNX-ETH
• AAVE/ETH AAVE-ETH
• CORE/ETH CORE-ETH
• UNI/ETH UNI-ETH

Oracle

• LINK/ETH LINK-ETH

Carve Team Treasury

10% of every CARVE distribution is set aside for the treasury. The CARVE team will distribute the funds to carry out the following day-to-day operations.

• Support current platform operations.
• Continue to deliver and develop the future CARVE roadmap.
• Marketing and PR to continue to push awareness.
• Look to build partnerships to enhance the CARVE ecosystem.

Reference Guide

• CarveToken: 0xFCac6210E2AD15b3cD05a3b11C95D25C74a53efB
• CarveStaking: 0x5631552C609718a8Bc55147310869949FB6B1b5c
• MasterCarver: 0x5f3548672ACb89dF806a2f368ca43b6c01461983
• Timelock: 0xb02f093be22d109486CBD9432a66fbe7daCC336e
• CARVE/ETH Pair Contract: CARVE-ETH
• GitHub: carvefinance/contracts

Note: Some our source codes are from other projects including but not inclusive to the following and are subject to their licenses:

• Sushiswap
• Uniswap
• Yam
• OpenZeppelin

⚠️ DEAR USERS:

We have gone through a rigorous unit test coverage and have confirmed production quality on testnet but we have NOT yet audited our contracts.

The Carve contracts for staking are unaudited, but are simple enough for most Solidity developers to understand. We ask all users to please read through our contracts before putting anything at stake!

Carve is in a BETA stage currently, so we URGE you to be diligent and proceed with the utmost caution and please ape at your own risk!

Once ready, we will invite Trail of Bits, PeckShield, OpenZeppelin, Consensys, Certik, and Quantstamp and more to audit the contracts at full discrection.

Carve’s future is bright!

These are a few of the cool features we are still refining and integrating into our roadmap!

• Carve Governance
• Carve Vault
• Contract Audits
• V2 User Interface
• CoinGecko and CoinMarketCap listing

and much more!

How to get started with $CARVE today?

You can start depositing LP tokens to the MasterCARVE contract using the interface at https://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