CVI Finance Overview

What is CVI Finance?

A DeFi Dapp launched on the Ethereum blockchain by Dan Galai in early 2021. It provides cryptocurrency investors and traders with an effective Crypto Volatility Index, allowing them to manage their positions and impermanent loss while hedging against overall market volatility using synthetic assets.

Main Features
Funding fees: Users can pay hourly funding fees based on the CVI value and utilization ratio of the corresponding volatility token.
Vaults: Users can deposit USDC to earn funding fees from CVI token holders and swap fees from the CVI DEX pool.
Staking: Users can stake GOVI tokens and esGOVI tokens to earn rewards.
Token Conversion: Users can convert esGOVI tokens to GOVI tokens.
Escrowed GOVI: Users can stake and earn rewards with esGOVI tokens.
Blockchains
EthereumPolygon

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Frequently asked questions

Funding fees are the hourly fees that are paid until volatility tokens are sold or burned. The amount of the funding fee is determined by the CVI value and the utilization ratio of the corresponding volatility token.

The vaults work by allowing users to deposit USDC and earn funding fees from CVI token holders, as well as swap fees from the CVI DEX pool. The Theta vault USDC APR is based on the last 30 days historical performance of the vault, which is currently at 10.03%. Users can also stake GOVI tokens and esGOVI tokens to earn rewards. The total APR for staking is 10.0347%.

The benefits of staking GOVI tokens include earning rewards and a higher annual percentage rate (APR). By staking GOVI tokens, users can earn rewards through auto-compounding, with an APR of 9.6234% for esGOVI and a total APR of 10.0347%. Additionally, staking GOVI tokens allows users to participate in the Theta Vault (T-CVI-LP) and earn rewards based on the historical performance of the vault, with a total APR of 10.03%. Staking also provides the opportunity to convert esGOVI tokens to GOVI tokens through the GOVI Vault.

Yes, you can convert esGOVI tokens to GOVI tokens using the Vest feature in the GOVI Vault.

To stake and earn rewards with escrowed GOVI tokens, you can connect to the platform and stake your GOVI tokens and esGOVI tokens. The current APR for staking GOVI tokens is 9.05%. The total staked amount for GOVI tokens is 3,979,974.62 GOVI ($584,698.07). Additionally, you can stake your escrowed GOVI tokens, with a current APR of 9.05%. The total staked amount for escrowed GOVI tokens is 52,190.56 esGOVI ($7,667.31). Please note that before using the vaults, it is important to read the vesting details.

The current APR for USDC tokens is 0.4113% and for esGOVI tokens is 9.6234%. The total APR for both tokens combined is 10.0347%.

The Theta vault USDC APR is calculated based on the last 30 days historical performance of the vault.

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