CVP Token

CVP utility & use cases

The protocol's native token is CVP. It carries out the following functions in the protocol:

  • it is used as a token for securing the operation of PowerPool Keepers' network (staking $CVP is required to run a node)

  • it has governance rights for decision-making in the PowerPool DAO, allowing DAO members to determine key protocol decisions.

To join the PowerAgent decentralized network of keepers, the node runner must stake at least 1000 CVP in the Agent contract. The CVP stake acts as a skin-in-the-game or risky deposit, protecting the network against the malicious behavior of Leepers. If a keeper fails to execute the job on time, the share of the Keeper's CVP stake will be slashed by another Keeper (a slasher).

CVP staking design & PowerAgent cryptoeconomic rules:

  • the PowerAgent users (Job owners) specify the desired staking range [min, max] for potential executors (Keepers), defining the level of cryptoeconomic security applied to the Job execution.

  • Keepers with lesser stake that the minimal one will not be assigned to the execution.

  • The CVP stake also influences the rewards that keepers get for task execution. Job owners can define the upper stake, limiting the maximal reward for their job.

To learn more about Job configurability and stake ranges, visit the Job page.

CVP governance rules:

  • Token holders can create proposals. The voting outcome is based on a simple majority (>50% of votes for a particular outcome) with the quorum value of 400k CVP total votes.


PowerPool was launched without VC funding. The distribution was performed via initial Liquidity mining and Community Drop using the initial protocol treasury tokens.

CVP contract: 0x38e4adB44ef08F22F5B5b76A8f0c2d0dCbE7DcA1

Total supply: 100,000,000 CVP

CVP token distribution:

The team token allocation, Burned tokens, and Ecosystem Fund were allocated due to DAO proposals: Proposal 48, Proposal 29, and Proposal 58.


CVP Stats can be seen on the Dune Dashboard:

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