CARV Announces up-to-100% Node Buyback Program to Chaperone its Node Launch and Hyperscale its Data Layer By Chainwire
From Investing.com: 2024-05-10 06:00:40
CARV introduces Node Buyback Program for Verifier Node Sales to enhance decentralization and stability, offering up to 100% buyback from treasury post-token launch. Eligible participants must maintain a 70% participation rate and not redeem veCARV rewards. Program facilitates fair distribution and market confidence, setting new standards for node investments. Adjusted timeline for CARV Node Sale to accommodate program implementation.
CARV, renowned for gaming and AI applications, supports over 750 enterprises with its modular data layer. Node operators essential for data processing integrity and security in CARV ecosystem. Up-to-100% Buyback Program ensures stability and encourages global participation in CARV decentralization. Program includes linear vesting options in $CARV or ETH to provide market protection for node holders.
10,000,000 $CARV allocated from treasury for buyback with 30-day linear vesting. Bought-back nodes may be reallocated to active node operators or CARV treasury for staking rewards, resale, or burning. Adjusted timeline for CARV Node Sale to sync with Up-to-100% Buyback Program implementation. Program introduces new standards for node investments and user-controlled internet.
CARV’s Up-to-100% Node Buyback Program redefines node investments, prioritizing user empowerment and community-driven decentralization. Program aims to build a strong foundation for CARV Node ecosystem, paving the way for a user-owned internet where data generates value for individuals. Visit CARV website for more information on the node sale and participation details.
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