CRYPTO NEWS & DATA SPACE

CRYPTO NEWS & DATA SPACE

CVI & Hegic Liquidity Mining

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CVI & Hegic opened liquidity mining program for #rHEGIC2 token holders in the Crypto Volatility Index.

Users who provide liquidity to the rHEGIC2- ETH pool on Uniswap can now stake their rHEGIC2- ETH LP tokens and earn $GOVI rewards.

The staking contract can also be found at this address: 0x93b61632Ed13C546A005BD8DF8d51FaF144BADe5

The rewards plan for rHEGIC2-ETH will continue for at least one month, with the possibility of increasing the $GOVI rewards amount during this period of time.

What are CVI & $GOVI?

Crypto Volatility Index (CVI) is a revolutionary and first-of-its-kind decentralized Crypto Volatility Index for the crypto market. The CVI allows users to hedge themselves against market volatility and impermanent loss. CVI is a full-scale decentralized ecosystem that brings the sophisticated and very popular “market fear index” into the crypto market. It is created by computing a decentralized volatility index from cryptocurrency option prices, together with analyzing the market’s expectation of future volatility.

What is Hegic?

Hegic is an on-chain options trading protocol on Ethereum.

📰 INFO:

https://cviofficial.medium.com/liquidity-mining-for-rhegic2-iou-tokens-is-now-available-in-z-crypto-volatility-index-c2028b7d19ce

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