Contract addresses
Distribution of Ecosystem Fund and Team tokens according to DAO decisions
Multi-signature
As of 6 January 2024, tThere are 94.5 million CVP tokens held in the PowerPool team's BSC multisig: https://bscscan.com/address/0xf5f806fe36dc28378dca70c88be13b0f7cdd403a
These tokens are designated for the Ethereum-BSC bridge and are currently frozen, hence NOT considered part of the circulating supply. PowerPool is gearing up to launch the PowerAgent v2 Keepers network on #BSC, providing automation services for #DeFi protocols and users. To facilitate this, a substantial amount of $CVP will need to be bridged from #Ethereum to BSC. As part of this process, the team will gradually initiate the transfer of #CVP from the BSC multisig to the bridge contract.
BSC side of the Bridge contract: https://bscscan.com/address/0x03e48857621881ebbd986b6763c1505ff17456d9 Ethereum side of the bridge contract: https://etherscan.io/address/0x9D23d43FBe47aBCa7BA9F30d770f15E0A0deEB4B
It's important to note that once these CVP tokens are sent to the bridge contract, they will be included in the circulating supply. However, simultaneously, the tokens locked on the Ethereum side of the bridge will cease to be counted. This means that the total amount of CVP in circulating supply will remain constant.