Bidya logo
  Crypto Coin Prices and News  

CVP Price   

Cap | Volume | High | Low | Old | New | Rare | Vs | Blockchains | Exchanges | Market | News | Dev News | Search | Watchlist
CVP

PowerPool Concentrated Voting Power  

#CVP

CVP Price:
$0.33
Volume:
$1.3 M
All Time High:
$17.62
Market Cap:
$10.1 M


Circulating Supply:
30,605,934
Exchanges:
10
Total Supply:
100,000,000
Markets:
14
Max Supply:
100,000,000
Pairs:
25



  CVP PRICE


The price of #CVP today is $0.33 USD.

The lowest CVP price for this period was $0, the highest was $0.329, and the exact current price of one CVP crypto coin is $0.32875.

The all-time high CVP coin price was $17.62.

Use our custom price calculator to see the hypothetical price of CVP with market cap of ETH or other crypto coins.


  CVP OVERVIEW


The code for PowerPool Concentrated Voting Power crypto currency is #CVP.

PowerPool Concentrated Voting Power is 2.1 years old.


  CVP MARKET CAP


The current market capitalization for PowerPool Concentrated Voting Power is $10,061,635.

PowerPool Concentrated Voting Power is ranking downwards to #546 out of all coins, by market cap (and other factors).


  CVP VOLUME


The trading volume is big during the past 24 hours for #CVP.

Today's 24-hour trading volume across all exchanges for PowerPool Concentrated Voting Power is $1,318,936.


  CVP SUPPLY


The circulating supply of CVP is 30,605,934 coins, which is 31% of the maximum coin supply.


  CVP BLOCKCHAIN


CVP is a token on the Ethereum blockchain.


  CVP EXCHANGES


CVP is integrated with many pairings with other cryptocurrencies and is listed on at least 10 crypto exchanges.

View #CVP trading pairs and crypto exchanges that currently support #CVP purchase.


  CVP RELATED


Note that there are multiple coins that share the code #CVP, and you can view them on our CVP disambiguation page.


  CVP RESOURCES


Websitepowerpool.finance
Whitepaperdocs.powerpool.finance
Twitterpowerpoolcvp
Redditr/PowerPool
Telegrampowerpoolcvp
Discordc5NhqqjYjE
Mediumpowerpoolcvp


  CVP DEVELOPER NEWS



PowerAgent v2: FAQs

Smart contracts don’t execute themselves; the evolution of DeFi requires automation Based on experience gained since early 2020, PowerPool has for some time been developing the next iteration of our autonomous decentralized automated smart contract execution networks for projects running on any EVM compatible chain. Now audited and ready for initial tests with $CVP-staking Keepers looking to earn fees, PowerAgent v2 will replace PowerAgent v1, launched in late 2020, and serve as the primary automation tool powering existing and future PowerPool investor products. Alongside building and auditing the code of PowerAgent v2, the PowerPool Research team has already published two in-depth articles describing the need for DeFi automation in general and the innovations offered by the new PowerAgent v2 architecture: — Automation Agent Networks: The missing layer of DeFi 2.0 infrastructure - or Smart Contracts don’t Execute Themselves, Part 1. Link to Part 1 TL/DR: As DeFi becomes ever more complex, protocols and users need increased (ideally autonomous and decentralized) automation to operate transparently and trustlessly while reducing user involvement and gas costs. DeFi is rapidly evolving from requiring all interactions to be done (and gas paid) mainly BY USERS, to most, if not all actions being done by automation FOR users, making their DeFi experience smoother, cheaper and easier. Most major DeFi protocols are developi...




PowerPool/PowerAgent Roadmap Checkpoint: 2 years

Thoughts, reflections, conclusions, and future plans Some reflections on what we learned during the first 2 years of building PowerPool/PowerAgent. Recently, we created a condensed version of what we have accomplished in the last two years at PowerPool: https://powerpool.finance/story/ We analyzed the PowerPool journey and summarized what we have learned so far. The results of our observations were the rationale for our near-term protocol strategy focusing on the deployment of v2 of the PowerAgent automation network on different chains and building automated products on top of it.How it all started PowerPool was launched as a meta-governance protocol. After the community-driven update, PowerPool was focused on solving one challenge in particular: enabling efficient decentralized diversified DeFi indices/token baskets available to all. Early PowerPool innovations included:pooled meta-governance (Aug 2020)staking tokens from an AMM in a third-party contract for yield (Dec 2020, released early 2021)decentralized autonomous automation network solution & infrastructure (early 2021)Our reflections on index markets after active participation in them for 1.5 years Too early? We believe it is still too early for most Defi investors to favor diversified baskets/indices. To date, all existing Defi baskets/indices hold a very small percentage of their underlying assets’ circulating supply. Even at the peak of the last bull m...




PowerPool’s UI/UX update: ETH.LIMO + Filecoin for robustness and decentralization

Introduction The main problem with centralized infrastructure is that there will always be a single point of failure within the system; when the centralized service provider goes down, the platforms and products that rely on the service provider become unusable and inaccessible. Of course, smart contracts are always available while the Ethereum network operates correctly, but without UI/UX the majority of ordinary users cannot really use them. This is the main reason that we have moved the PowerPool website off of the IPFS Gateway powered by Cloudflare to decentralized ETH.LIMO gateway.How does the PowerPool website work now? PowerPool’s website is hosted on IPFS, which means that all the files needed for the webpage’s UI/UX are stored in IPFS. However, we needed to link it to the domain name to provide easy browser access to the webpage based on these IPFS-hosted files. We originally used Cloudflare IPFS Gateway as the ‘link’ between the two. However, after the latest issues with Cloudfare, we decided to move to a more decentralized alternative such as ETH.LIMO. The main feature of ETH.LIMO is that it has the ability to bond IPFS-hosted content with ENS domain names, which allows it to host the UI/UX of dApps without relying on centralized infrastructure. However, IPFS isn’t the ultimate solution for hosting data since it has the persistency problem that comes down to the issue that storage and replication aren...




Introducing ppTORN: an auto-compounding strategy for tornado.cash $TORN governance staking

Today we are thrilled to announce ppTORN — a vault that allows users to maximize $TORN staking returns thanks to PowerPool’s auto-compounding algorithm.How does it work? ppTORN is a smart contract that aggregates user deposits into the tornado.cash governance staking contract. The ppTorn vault harvests and auto-compounds $TORN rewards (protocol fees); ppTORN uses a smart algorithm for harvesting and re-staking which allows it to compound the rewards for Tornado token holders while reducing overall gas costs.We calculated that during 2 months user generated 61% APY in ppTORN vs 52% for direct staking without Vault.In order to replicate ppTORN user should spend 0.57ETH during 2 months. It is important to point out, that the user pays ONLY for ERC20 transfer and doesn’t pay for staking operation into Tornado.cash contract, harvest, and re-stake operation. In order to build this product, The PowerPool research and development team ran experiments that processed on-chain data of the Tornado.cash governance staking contract which revealed that there are optimal time conditions for compounding TORN income:ppTORN research: balance, gas-adjusted position vs harvest/re-stake period We used on-chain data for the first two months of operation and then we used the TORN 2.0 tokenomics model to estimate a staker’s income in different scenarios of harvesting and re-staking. The results revealed that ppTORN allows users to gen...




PowerPool recent updates and development roadmap

During the recent month, there was a lot of stuff going on in PowerPool, mainly on the development and R&D side. This article shares what is going on in the project with the community.A strategic focus on smart automated products We published two papers on LUSD Balancer v2 pool[1],[2]. This product is a combination of StableSwap pool launched on top of Balancer v2 which can redirect profits from ETH liquidations from Liquity Stability Pool (and mining LQTY tokens). It means that such a product generates a substantial AMM yield without additional token rewards. Besides that, this stablecoin yield product has the following features:It’s a first-ever AMM stablecoin pool yield product generating an additional yield from crypto market downtrend (ETH liquidations)This product generates more APY when the market is highly volatileWe can consider it as a “safe short” stablecoin position since it generates more yield is the market is going down, at the same time being stablecoin yield product without risks of losing capital is the market will go in the opposite direction (growth) This product will be built on top of Balancer v2, Liquity, and B.Protocol. The implementation scheme is following: So, we made simulations based on available on-chain data, and for liquidations-rich January 2022, APY was around 24%. After that, we shared all our results with Balancer, Liquity, B.Protocol and received positive feedback and demonstrati...




Enhancing yield and capital efficiency of Balancer v2/Liquity LUSD pool model

Abstract This article is an update to the previously published LUSD-staBAL Balancer v2 pool model. In a recent publication, we demonstrated the possibility of creating a StableSwap AMM pool offering substantial yield by staking tokens in third-party contracts, resulting in ~10.7% APY after protocol fees. However, after exploring yield opportunities in Balancer v2 ecosystem, we decided to replace staBAL LP token with a-bb-USD — an LP token of another Balancer v2 stablecoin pool. This pool implements the brand new Boosted Pool concept and generates additional yield by lending DAI/USDT/USDC tokens on AAVE.In LUSD-a-bb-USD pool, each stablecoin will generate cashflows to an AMM using AAVE or Liquity protocols. Also, we decided to use B.Protocol for executing liquidations instead of PowerPool in-house solution. It will accelerate the development of this pool, decrease risks and gas costs, and allow PowerPool to focus on asset managers’ implementation. Since a-bb-USD pool is a brand new pool in Balancer v2 and historical on-chain data is not available for the initial period of 1 OCT — 25 NOV 2021, we decided to run an experiment for 1 JAN — 30 JAN 2022 period. LUSD-a-bb-USD pool created by PowerPool is built on top Balancer v2, Liquidity, B.Protocol, and AAVE protocols.LUSD-a-bb-USD pool generated 19–24% APY during the observation period depending on market conditions. The mentioned APY is achieved without a...




PowerPool introduces first yield harvesting StableSwap pool built using Balancer v2 and Liquity

This pool fully utilizes Balancer v2 architecture and PowerPool automated asset managers offering ~12% APY without any additional rewards Note: recently we published a significant update to this model. It utilizes the Balancer Boosted Pools and offers much higher APY.SummaryHypothetical LUSD-staBAL StableSwap built on top of Balancer v2/Liquity/PowerPool generated ~12% APY without any additional rewards allocated to it;Such a result was achieved by depositing LUSD into Liquity Stability Pool and harvesting ETH/LQTY proceeds in the AMM pool. LUSD was used for swaps and contributing to Liquity system stability at the same time;StableSwap pools with asset managers potentially could solve secondary market liquidity issue for some other stablecoins independently from Curve/other DEX protocol incentives;Introduction StableSwap AMM — an AMM for swapping stablecoins with low slippage was introduced by Michael Egorov, Curve founder in late 2019. Early 2020 it was launched in mainnet and gained much traction, becoming essential Defi protocol ranked #1 by TVL. Today it is not possible to imagine Defi without StableSwap and Curve.fi. It is officially launched on nine EVM-compatible chains. Many other projects use StableSwap AMM for stablecoin exchange services. Other assets with almost the same value, such as ETH/stETH, WBTC/renBTC, and others, can also be exchanged using StableSwap AMM. Curve is so essential to the DeFi ecosyste...




PowerPool in 2022

Upcoming products, plans, and the DAO Key takeaways:PowerPool in 2022 is a DAO managing an on-chain automation network (PowerAgent, which already operates >1 year) and building products on top of it.Mindmap: Automation network -> Vaults or simple automated strategies -> baskets/indices or complex automated strategiesWe will expand to a broad list of EVM (and some non-EVM) chains by 2022. It includes deployment of PowerAgent and essential products (Vaults, indices, yield aggregator)In 2022 anybody will have an opportunity to use PowerAgent to build strategies for personal needs or create their complex Defi products.Leaving 2021 behind Defi products delivered in 2021 were much more complex than those developed in 2018–2020. It was so exciting to explore Balancer v2 or Uniswap v3 code and the architecture of these projects. Their appearance is the step in next-generation Defi products.The level of complexity grew a lot together with opportunities to build new products. Simulating Balancer v2-based products and Uniswap v3, we found out that from a builders point of view, they require on-chain automation for building Defi 2.0-grade products:Balancer v2 requires on-chain automation for facilitating asset managers operation (harvesting yield, reserves maintaining, etc)Uniswap v3 requires automation for v3 position management. At the same time, a key innovation in PowerPool products such as ASSY (Dynamic AMM pool with bu...




Introducing modular Vault infrastructure for PowerPool structured products

The next level of abstraction for asset management in structured productsIntroduction DeFi’s holy grail is the opportunity to use assets for generating staking yield by leveraging “DeFi lego” composability. And it is not surprising — imagine that it is possible to get all at once: (1) the asset itself and exposure to its price action (2) asset utility, including governance rights (3) additional yield based on staking in a third-party contract. It looks easy when applied to a single token, but it is tricky for complex structured products like indices. An index is a basket of assets stored in the contract. For trustless staking these assets in other contracts, there should be an asset manager for each token and a tool for automating contract calls for yield harvesting. End users own a share of the assets in the index contract through holding LP tokens (index tokens). Since the index contract, in turn, owns assets in asset managers, the end-user owns them all the time, and the product is non-custodial. The first PowerPool product — ASSY (AAVE SUSHI SNX YFI basket), offering additional yield on the basket by staking, was built on our Balancer v1 fork. We implemented asset managers technology based on Wrapper-Router architecture to generate a yield from Balancer pool assets. This solution is flexible and allows to change staking contracts on-the-fly without affecting the operation of Balancer pool itself.We are ...




The PowerPool Community Update

In this article we share the latest developments and future plansThe most recent PowerPool team activity Our most recent activity was related to upgrading existing products, prototyping new ones, and collaboration with new Defi ecosystems.Our vision for PowerPool is multichain. As we think, PowerPool protocol should offer two essential products on each chain where it is deployed:The first product is the “one-stop-shop” for betting on Defi ecosystems. The product is a basket of tokens (index) consisting of the most relevant assets actively using yield opportunities associated with them.The second product is the Smart yield aggregator like Yearn Lazy Ape (YLA), providing one-click exposure to stablecoin yield on the selected chain. According to this, we are working on:Negotiations with new chains regarding launching PowerPool products with support in marketing and rewards from their sideResearching projects landscape and thair technical specificationSimulation of new frameworks and mechanics for future products, including backtesting using historical dataPartnerships PowerPool recently partnered with two emerging Defi ecosystems — Near Protocol and Harmony. We were excited to announce it, taking into account scalability, Defi ecosystem potential, and tech innovation powered by new L1 chains. Another important factor is that PowerPool products can potentially receive some rewards allocation for users and other re...



CVP vs NU | A-Z | Topics | ISO 20022


Privacy | Terms | Contact | Powered By LiveCoinWatch


bidya