CVP liquidity mining update: inflation decreased

PowerPool
PowerPool
Published in
2 min readApr 12, 2021

Guide for receiving high APY using PowerPool products and LM update

Recently we implemented the 2nd round of CVP rewards cut according to Proposal 22: Decrease CVP inflation approved by the CVP community some time ago. It was suggested and approved by the community in order to limit the inflation of CVP and support token value appreciation.

The exact size of the reward for each PowerPool product is presented below:

From now, PIPT and YETI staking isn’t rewarded. However, there are options to receive rewards staking PIPT/YETI on Sushiswap liquidity:

1. YETI-ETH pair on Sushi offers 60% APY based Onsen program rewards
-> Add ETH to YETI, supply liquidity to Sushi, and stake SLP token in Onsen program

2. PIPT-ETH pair offers 86% APY based on CVP LM Program
-> Supply PIPT + ETH to Sushi pair and after that stake SLP token in the Farming section at powerindex.io (selecting PIPT)

3. $YLA offers incredible APY (up to 90%!) on stablecoins based on CVP Boost applied to YLA-USDC pair LP tokens (SLP).

4. $ASSY offers 25% APY without boost and up to 75% APY based on CVP.
If you hold $ASSY and have some additional $CVP, you can supply it to Boost and receive higher APY than before. Additionally, ASSY-ETH Sushiswap pair offers 48% APY powered by the Onsen program.

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PowerPool
PowerPool

DePIN layer powering AI Agents and DeFi automation in multichain universe.