Q.: What is Curvance airdrop model?
A.: 1. Curvance's token airdrop will be smaller in nature and require active participation from users who aim to take advantage of the incentivized testnet launch by filling out user feedback to qualify.
2. Token emissions will be moved mainly from the testnet launch to the beta launch and be provided through the protocols gauge emission system, rewarding users consistently adding value to the Curvance protocol.
3. An anti-sybiling review will allow community members to report potential sybiling systems and receive a portion of all reported tokens. There will also be other methods utilized but they will be kept secret for now to prevent creative workarounds.
4. Curvance's token airdrop and beta launch will be provided as call options rather than standard tokens. We can limit potential sell pressure and align incentives by requiring users to put capital in to receive CVE tokens. A user's call options become more attractive the more successful the protocol is, and the more successful the protocol is, the more call options a user will receive.
5. CVE call options will be exercisable immediately following the LBP auction with an expiration six weeks after. The strike price will be 50% of the starting LBP token price.
Q.: How many tokens will be available for airdrop?
A.: 0.5% [2,100,000.34] Airdrop – 0.5% claimable on TGE as call options
"Early Adopters" and active incentivized testnet users may qualify for a shared allocation of 0.5% of the CVE token supply provided as call options. The goal here is to reward users that have been with us from the start and those who have offered helpful feedback to make Curvance even more compelling. More details on how CVE call options function can be found here.
Q.: When will start testnet?
A.: Curvance will follow a staged launch structure beginning with an incentivized testnet launch. This initial launch will have reduced features and serves as an opportunity to test new features and source feedback around the user experience when using Curvance. Features will include full lending market support, asset zapping, token omnichain bridging, veToken locking, and gauge emissions. Currently, we aim to launch Curvance's testnet sometime in April. Users who participate and provide feedback in the questionnaire may qualify for an airdrop of CVE call options.
Q.: When will beta launch?
A.: May 2023
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