# CORE Vault

Этот сайт предназначен для начального ознакомления с проектом.

CORE - это криптовалюта не подверженная инфляции, которая предназначена для автономного выполнения стратегий получения прибыли с полностью децентрализованным подходом.

В отличие от других протоколов, CORE - это проект комьюнити, который управляется голосованием сообщества.

Основные продукты экосистемы CORE Vault:

* Дефляционное фарминг с помощью ставок CORE
* Автоматизированные стратегии Vaults (еще не реализованы)

В будущем Governance and Automated Strategy Vaults (Руководство и Автоматизированная Strategy Vaults) будут доступны на [cvault.finance](https://cvault.finance/)


# Дефляционная Добыча

Добыча без бесконечной инфляции

## **CVault.finance позволяет пользователям получать CORE, предоставляя LP token**

Чтобы участвовать в дефляционной добыче CVaults и, следовательно, получать доход, выплачиваемый в CORE, пользователю необходимо получить токены UNI-V2-LP и завести их на cvault.finance.

Токены UNI-V2-LP получаются путем предоставления Ethereum и CORE в качестве ликвидности на Uniswap.

После добавления liquidity токенов, они не могут быть удалены из пулов CORE Uniswap LP. Это сделано намеренно. В дополнение к этому, комиссии, собранные токенами LP, остаются в пуле, что способствует продолжающемуся росту пула CORE-ETH Uniswap.

Как только liquidity токены получены, пользователь заводит их на cvault.finance, чтобы начать процесс добычи. При добыче пользователи будут получать вознаграждение в CORE, в зависимости от количества заведенных токенов LP и текущего APY.

Текущий APY легко увидеть на странице cvault.finance на вкладке Farm. Обратите внимание, что это не фиксированный доход, не обещанный доход и не финансовый совет. Вознаграждение основан на комиссиях / блоке за последнюю неделю и стоимости токена LP.

Core запущен со стоимостью комиссии в 1% за переводы, что означает, что каждый раз, когда CORE переводится (через торговлю), трейдер платит комиссию в размере 1%. Этот сбор распределяется между всеми участниками CORE, что делает возможным добычу без выпуска новых токенов CORE.

На различных вкладках cvault.finance пользователю будет показана полезная информация, касающаяся APY, токена CORE, токенов LP, информации о паре Uniswap и информации о паре токенов LP.


# Liquidity Generation Events

## Первое Liquidity Generation Event:

Liquidity Generation Event (LGE)- это концепция, созданная командой CORE. На первом LGE были выпущены и справедливо распределены все 10 000 токенов CORE.

Первое Liquidity Generation Event длилось одну неделю, и участники смогли перевести Ethereum через смарт-контракт LGE. Сбор Ethereum длился в течение недели мероприятия. Для создания CORE/ETH Uniswap liquidity pool в смарт-контракте использовалось 10000 CORE и общее количество Ethereum, переведенное в течение недели. Ликвидность, созданная с помощью LGE, заблокирована, и выданные токены LP не могут быть обменены на их базовые активы. Участники LGE получили токены пула ликвидности в обмен на свой Ethereum, внесенный в LGE. За каждую передачу CORE взимается комиссия в размере 1%, из которых 93% идет держателям токенов LP, а 7% - в фонд разработчиков.

## Механизм Liquidity Generation Events:

LGE использует смарт-контракт, который собирает различные токены в течение определенного периода. По истечении определенного времени контракт использует собранные средства для создания нового пула ликвидности. Участники, которые внесли токены в смарт-контракт LGE, получат токены LP после завершения мероприятия. Эти токены можно завести на сайт cvault.finance для получения вознаграждений.

Во время LGE смарт-контракт собирает и использует разные токены для поддержания баланса. Он разработан, чтобы оказать положительное влияние на CORE и его экосистему. Пример ниже демонстрирует эти механизмы:

{% hint style="info" %}
**CORE/wBTC Liquidity Generation Event** собирает и использует:

**ETH** - покупает CORE, wBTC или оба в зависимости от текущей ситуации.

**wBTC** - покупает CORE или использует wBTC для сохранения валютного баланса.

**CORE** - используется для поддержания баланса. Нельзя продать. если контракт получает слишком много CORE, он возвращает его пропорционально.
{% endhint %}

\
**В течении Liquidity Generation Event:**
-----------------------------------------

Внесение средств в LGE дает участникам возможность получать токены LP со скидкой. Во время этого события цена токена LP не изменяется. Это действует для всех участников. После завершения мероприятия цена будет увеличиваться вместе с пулом, а это означает, что каждый новый токен LP будет становиться все дороже.

\ <br>


# Core Router

Core Router это основной интерфейс веб-сайта для создания токенов CORE LP. Текущая версия Router - 1.0, которая активирует только функцию Liquidity Zap. Другие функции появятся в следующих обновлениях.

Основные функции router:

* **Liquidity Zap**
* **Swap**
* **Wrap**

## Liquidity Zap:

Liquidity Zap позволяет пользователям **напрямую** обменивать Ethereum на токены LP, экономя при этом затраты на GAS.

Это быстрый и простой способ получить новые токены LP. Вам не нужно будет заходить в UNISWAP или в пул для их создания. Все это делается через интерфейс cvault.finance.

Liquidity Zap не может использоваться в опережающих сделках. Это лучший способ приобрести токены LP и помочь росту экосистемы CORE.

Все токены поставщика ликвидности CORE заблокированы. Вы не сможете обменять эти токены на их базовые активы. Токены LP позволяют вам участвовать в добыче LP и получать за это вознаграждение.

## Swap:

Swaps предоставляет вам прямой доступ ко всем поддерживаемым парным контрактам CORE (скоро будет реализовано)

## Wrap:

\
&#x20;Эта функция позволяет вам wrap/unwrap ваш токен в ERC95. (скоро будет реализовано)

<br>


# Автоматические Strategy Vaults

Автоматизированные Strategy Vaults реализуют стратегии, использующие кредитное плечо, чтобы генерировать доход. Награды выплачиваются в CORE. Создается одновременное давление на покупку и продажу монет.

Основные эффекты CORE Vaults:

* Автоматизированные покупки увеличивают объем
* Давление на покупку и продажу увеличивают вознаграждение

В настоящее время Strategy Vaults еще не выпущены. Разработка продолжается, и скоро появятся подробности.


# Основной FAQs

## **Где я могу купить CORE?**

В настоящее время вы можете купить CORE на Uniswap. Обязательно проверьте CORE на [Coingecko](https://www.coingecko.com/en/coins/cvault-finance) или [Coinmarketcap](https://coinmarketcap.com/currencies/cvault-finance), чтобы найти правильную торговую пару.

## **Для чего используются токены** **CORE** **/** **WETH** **UNIV2** **LP?**

Они используются для добычи CORE внутри смарт-контрактов COREVault. В остальном это обычные токены, вы можете торговать ими и передавать их. Делайте с ними все, что вы хотите.

## **Могу ли я вывести токены** **CORE** **/** **WETH** **UNIV2** **LP** **на** **CORE** **/** **WETH** **на** **Uniswap?**

Нет, уникальная токеномика CORE блокирует весь вывод ликвидности с Uniswap. Это создает возможность минимальной цены и делает процесс дефляционного майнинга уникальным.

## **Чем отличается токен CORE?**

Все CORE, которые когда-либо будут созданы (10 000), генерируются в течении **Liquidity** **Generation** **Event** и впоследствии переводятся в ликвидность. Делаем CORE дефляционной валютой. Вместе с комиссией за перевод токенов, которая распределяется между участниками, это создает возможность для дефляционного процесса майнинга.

## Как происходит добыча CORE, если он является дефляционной валютой?

За каждый перевод и обмен CORE взимается комиссия, которая входит в контракт COREVault и может быть добыта. Эти комиссии будут распределены между участниками CORE, поэтому вознаграждения будут предоставляться без увеличения количества монет.

## **Сможем ли мы добывать** **CORE** **с токенами, отличными от** **CORE** **/** **WETH** **UNIV2** **LP?**

Руководство комьюнити должно будет принять решение о будущих пулах LP. Это в их интересах, основываясь на стратегиях добычи. Как только руководство будет запущено, появятся предложения на голосование (в том числе от команды CORE).

## **Как мне получить токены** **CORE-LP** **и завести их на платформу?**

Чтобы получить токены CORE-LP, посетите сайт cvault.finance, перейдите вкладку Farm (добыча) и нажмите кнопку "Buy LP and Stake with One Click". Откроется CORE Router. Выберите количество Ethereum, которое вы хотите обменять на токены LP. Установите флажок "stake automatically" (“автоматическая ставка"), если вы хотите напрямую завести свои токены LP. Нажмите «SWAP ETH for LP» и подтвердите транзакцию.

## Могу ли я вывести свои токены LP?

Да, вы можете переводить свои токены LP по своему желанию. Заведение и вывод возможны на веб-сайте cvault.finance во вкладке "Farm" ("Добыча").

## **Мои CORE исчезли после внесения новых токенов LP. Где они?**

Все действия по депозитам автоматически обрабатывают любой ожидающий CORE. Проверьте свой кошелек, чтобы убедиться, что там есть CORE. Вы всегда можете зайти на etherscan.io и проверить там.

## **Успешное изъятие ликвидности:**

Это вызвано поступлением новых средств ликвидности. Изъять часть ликвидности можно только через доли секунды после того, как кто-то ее добавил. Важно понимать, что опережающая сделка не позволяет вывести больше, чем положено. Поэтому ликвидность постоянно растет.

Выпуск CORE Router v1.0 дает нашему сообществу возможность обезвредить запущенных торговых ботов. Используя Liquidity Zap, боты больше не смогут выполнять эти транзакции. Это не только упрощает весь процесс LP, но и снижает расходы на gas.

## Какая минимальная цена CORE?

Из-за основных принципов CORE ликвидность не может быть удалена, а монеты нельзя больше майнить. У токена есть минимальная цена. Это означает, что он никогда не упадет ниже определенной цены. Это совершенно уникально для криптовалюты в пространстве DeFi, которая страдает от гиперинфляции токенов.

Чтобы посчитать минимальную цену, вам нужно будет выполнить ряд расчетов, приведенных в [разделе](https://help.cvault.finance/v/ru/core-formulas/formulas) формулы CORE.

## Какова мотивация команды CORE?

Первоначально за перевод токенов взимается комиссия в размере 1%, при этом 7% от накопленной комиссии используются в качестве комиссии разработчика. Остальные 93% распределяются между держателями LP.

## Для чего используются токены CORE / WETH UNIV2 LP?

Вы сможете добывать CORE внутри смарт-контракта COREVault, используя токены LP. Помимо этого, это обычные токены, которые вы можете переводить кому угодно.


# Руководство

### Настоящее руководство

CORE разработан для отличного управления комьюнити. Сообщество решает все, от зарплаты разработчиков до принятия решения о контракте, утверждающем оплату, добавление новых пулов, ребалансировке и даже отключении пулов в контракте CORE Transfer.

Наша модель управления призвана быть самой сильной и наиболее вовлеченной в DeFi. Поскольку токены LP заблокированы на неопределенный срок, это способствует участию в руководстве.

(По мере развития процесса управления в этот раздел будет добавлено больше информации)


# Токеномика

**Почему в $CORE** **нет инфляции?**

​Команда CORE обнаружила недостатки многих добываемых токенов, проанализировав процесс их майнинга. Большая часть доходности этих токенов основаны на инфляции. Они распределяют свои добытые токены держателям LP. Этот процесс не оказывает большого долгосрочного влияния на цену токена.

CORE использует дефляционный процесс добычи, добавляя комиссию в размере 1% к любой передаче токена CORE. Это позволяет участникам получать доход без необходимости майнить новые токены.

**Какой предел у $CORE** **token?**

​Максимально возможное количество CORE - 10,000. Абсолютно невозможно создать новые токены CORE, а это означает, что оборотное предложение может только уменьшаться.

**Происходит ли сжигание $CORE?**

Нет, сейчас этого нет. Однако это можно предложить через Руковдство.**​**

**Как $CORE** **поступает в обращение?**

В течение **Liquidity** **Generation** **Event** все 10000 CORE, которое является максимальным количеством, были произведены и помещены вместе с Ethereum, собранным в пул ликвидности Uniswap.


# Формулы CORE

Эта страница посвящена набору формул, используемых для расчета различных значений внутри экосистемы CORE. Чтобы помочь членам комьюнити понять, как получаются некоторые из этих значений, мы приводим эти формулы ниже:

*Дисклеймер: в настоящее время предполагается, что при реализации смарт-контрактов минимальная цена не может снизиться. Это может быть нарушено в случае ошибок смарт-контракта, которые возможны.*

## **Как** **рассчитать** **CORE/ETH UNIv2 LP Token?**

![](/files/-MIf_2uHVKMXNzd-_nuL)

## **Как рассчитать минимальную цену** **LP** **Tokens?**

![](/files/-MIttwzJh0Qxd7C9St0U)

## Как рассчитать минимальную цену пула ликвидности?

![](/files/-MIfaKPP4L39UhVvS0fm)

## Как рассчитать минимальную цену CORE?

![](/files/-MItu4GoVmM1gNCVAxIg)

![](/files/-MJYZ7zWCGUGoae_q2pF)


# CORE Vault

Este sitio tiene como objetivo dar orientación a los recién llegados al proyecto.

CORE es una **criptomoneda no inflacionaria** que está diseñada para ejecutar estrategias generadoras de beneficios de forma autónoma con un enfoque completamente descentralizado.

A diferencia de otros protocolos, CORE es un proyecto dirigido por la comunidad que se rige por el voto de la misma.

Estos son los principales productos para el ecosistema CORE Vault:

* Agricultura deflacionaria a través del CORE staking
* Bóvedas de estrategia automatizadas (aún no implementadas)

En el futuro, las bóvedas de gobierno y de estrategia automatizada estarán disponibles en [cvault.finance](https://cvault.finance/).


# Deflationary Farming

Farming sin inflación infinita

**CVault.finance permite a los usuarios un rendimiento CORE al proporcionar tokens LP**

Para participar en la farming deflacionaria en CVaults, y por lo tanto recibir el rendimiento pagado como CORE, el usuario requiere obtener tokens UNI-V2-LP y apostarlos en cvault.finance.

Los tokens UNI-V2-LP se obtienen proporcionando Ethereum y CORE como liquidez en Uniswap.

Una vez agregados, los tokens de liquidez no se pueden eliminar de los consorcios de CORE Uniswap LP. Esto es por diseño. Además de eso, las tarifas recogidas por estos tokens LP permanecen en el grupo, lo que aumenta el crecimiento continuo del grupo CORE-ETH Uniswap.

Una vez que se obtienen los tokens de liquidez, el usuario los apuesta en cvault.finance para comenzar el proceso de cultivo. Al cultivar, los usuarios recibirán recompensas de apuestas CORE, dependiendo de la cantidad de tokens LP apostados y el APY actual.

El APY actual se observa fácilmente en la página cvault.finance debajo de la pestaña "Farm". Tenga en cuenta que no es un retorno fijo, no es un retorno prometido y no es asesoramiento financiero. Las devoluciones se basan en tarifas/bloques de la última semana y el valor del token LP.

CORE es lanzado con una tarifa del 1% en las transferencias, lo que significa que cada vez que CORE se mueve (a través del comercio), el comerciante paga una comisión del 1%. Esta tarifa se distribuye a todos los stakers CORE, lo que hace posible la agricultura sin imprimir nuevos tokens CORE.

Las diferentes pestañas en cvault.finance mostrarán al usuario información útil sobre el APY, el token CORE, los tokens LP, el Uniswap Pair Info & LP Token Pair Info.


# Evento de generación de liquidez

## **El primer evento de generación de liquidez:**

Un evento de generación de liquidez (LGE, por sus siglas en inglés) es un concepto creado por el equipo CORE. El primer LGE utilizado fue para acuñar y distribuir todos los 10,000 tokens CORE de manera justa.

El primer evento de generación de liquidez duró una semana, en la que los contribuyentes pudieron suministrar Ethereum al contrato inteligente LGE. Después de recoger Ethereum durante toda la semana del evento. El contrato inteligente utilizó los 10.000 CORE y la cantidad total de Ethereum suministrada durante toda la semana para crear un fondo de liquidez CORE/ETH Uniswap. La liquidez creada a través del LGE está bloqueada, y los tokens LP entregados no se pueden canjear por sus activos subyacentes. Los participantes de LGE recibieron tokens de Liquidity Pool a cambio de su Ethereum contribuyó a la LGE. Cada transferencia de CORE se carga con una tarifa del 1%, de la cual el 93% va a los tokens LP apostados y el 7% al fondo de desarrollo.

## El mecanismo detrás de los Eventos de Generación de Liquidez:

Un LGE utiliza un contrato inteligente que recoge una variedad de tokens durante un período determinado. Después de que el temporizador ha terminado, el contrato utiliza los fondos recaudados para crear un nuevo fondo de liquidez. Los participantes que contribuyeron tokens al contrato inteligente LGE recibirán tokens LP después de que el evento haya terminado. Estos tokens pueden ser apostados en el sitio web cvault.finance para recibir recompensas.

Durante el LGE, el contrato inteligente recopila y usa tokens de diferentes maneras para mantener su clavija. Está diseñado para tener un impacto positivo en CORE y su ecosistema. El siguiente ejemplo muestra estos mecanismos:

{% hint style="info" %}
**CORE/Evento de Generación de Liquidez** **wBTC** recopila y utiliza:

**ETH** - compra CORE, WBTC o ambos dependiendo de la necesidad actual.

**wBTC** - compra CORE o utiliza WBTC para equilibrar la clavija.

**CORE** - se utiliza para mantener la clavija. No puede ser vendido. Si el contrato recibe demasiado CORE, lo reembolsa proporcionalmente.&#x20;
{% endhint %}

## Durante el Evento de Generación de Liquidez:

Contribuir con fondos a un LGE da a los participantes la posibilidad de recibir tokens LP con descuento. Durante este evento, el precio por token LP no se escala. Es incluso para todos los contribuyentes. Después de que el evento sea más, el precio se escalará junto con el grupo, lo que significa que será cada vez más caro para cada nuevo token LP acuñado.

<br>

<br>


# Core Router

Core Router es la interfaz principal en el sitio web para crear tokens CORE LP. La versión actual de Router es 1.0, que sólo activa la función Liquidity Zap. Otras funciones se desbloquearán en futuras actualizaciones.

Las principales funciones del router son:

* **Liquidity Zap**&#x20;
* **Wrap**
* **Swap**

## Liquidity Zap:

Liquidity Zap's permite al usuario intercambiar Ethereum en tokens LP mientras ahorra costos de GAS **directamente.**

Es una forma rápida y directa de obtener nuevos tokens LP. No necesitarás ir a UNISWAP o al grupo para crearlos. Todo se hace a través de la interfaz en cvault.finance.

La Liquidez de zap's no puede ser de primera ejecución. Es la mejor manera de comprar tokens LP y ayudar al ecosistema CORE a crecer.

Todos los tokens del proveedor de liquidez CORE están bloqueados. No podrá intercambiar estos tokens por sus activos subyacentes. Los tokens LP le permiten participar en el grupo agrícola LP y obtener recompensas.

## Swap:

Swaps le permiten acceder directamente a todos los contratos de pares CORE compatibles (próximamente)

## Wrap:

Esta función le permite envolver/desenvolver su token en ERC95. (Próximamente)


# Bóvedas de Estrategia Automatizadas

Las bóvedas de estrategia automatizadas ejecutan estrategias para las participaciones apalancadas con el fin de generar rendimiento para diferentes monedas apostadas. Las recompensas se pagarán en CORE. Crear presión de compra y venta al mismo tiempo.

Los principales efectos de las bóvedas en CORE:

* Las compras automatizadas aumentan el volumen
* Presión de compra y venta debido a recompensas

Las bóvedas de estrategia actuales aún no han sido liberadas. El desarrollo está en curso y el equipo anunciará los detalles en breve.

<br>


# Preguntas Frecuentes Principales

## ¿Dónde puedo comprar CORE?

Actualmente puedes comprar CORE en Uniswap. Asegúrate de revisar CORE en [Coingecko](https://www.coingecko.com/en/coins/cvault-finance) o [Coinmarketcap](https://coinmarketcap.com/currencies/cvault-finance) para encontrar el par de trading correcto.

## ¿Para qué se utilizan los tokens CORE/WETH UNIV2 LP?

Se utilizan para cultivar CORE dentro de los contratos inteligentes de CoreVault. Fuera de eso, son tokens normales, puedes intercambiarlos, transferirlos. Haz lo que quieras con ellos.

## ¿Puedo retirar tokens CORE/WETH UNIV2 LP para CORE/WETH en Uniswap?

No, el tokenomics único de CORE bloquea todos los retiros de liquidez de Uniswap. Crea la posibilidad de un precio mínimo y hace que el proceso agrícola deflacionario sea único.

## ¿Qué hace que el token CORE sea diferente?

Todo el CORE que se creará (10.000) se genera durante el Evento de Generación de Liquidez y posteriormente se pone en liquidez, haciendo que CORE deflacionario. Junto con una tasa de transferencia de fichas que se distribuye a los stakers, crea la posibilidad de un proceso agrícola deflacionario.

## ¿Cómo cultivamos CORE cuando es deflacionario?

Cada transferencia y comercio de CORE tiene una tarifa asociada, que va dentro del contrato de CoreVault y es cultivable. Estas tarifas se distribuirán a los stakers de CORE, por lo tanto, proporcionando recompensas sin inflar la Moneda.

## ¿Seremos capaces de cultivar CORE con tokens que no sean CORE/WETH UNIV2 LP?

La gobernanza comunitaria tendrá que decidir sobre los futuros grupos de LP. Basado en estrategias de cultivo de rendimiento es de su interés hacerlo. Tan pronto como se ponga en marcha la gobernanza habrá propuestas para votar (incluso por parte del equipo CORE).

## ¿Cómo se obtienen los tokens CORE-LP y los pongo en la plataforma?

Para obtener tokens CORE-LP, por favor visite cvault.finance, haga clic en la pestaña "Farm" y presione el botón "Buy LP and Stake with One Click". Esto abre el router CORE. Elija la cantidad de Ethereum que desea intercambiar por tokens LP. Marque la casilla "stake automatically" si desea apostar directamente sus tokens LP. Pulse "SWAP ETH for LP" y confirme su transacción.

## ¿Puedo aplicar el unstake mis tokens LP?

Sí, es libre de mover sus tokens LP como desee. En la página web de cvault.finance, bajo la pestaña "Farm", es posible realizar un estallido y no apostarlo.

## **Mi CORE reclamable desapareció después de depositar nuevos tokens LP. ¿Dónde están?**

Todas las acciones de depósito automáticamente cosechan cualquier CORE pendiente. Revise su billetera para verificar que el CORE está allí. Siempre puedes ir a etherscan.io y verificarlo allí también.

## **En cuanto a** **los retiros** **de liquidez exitosas:**

Son causados por la suma de liquidez frontal ejecución. Solo es posible eliminar una parte de la liquidez una fracción de segundo después de que alguien la haya agregado. Es esencial entender que el front running no permite que se retiren más de lo que se deposita. Por lo tanto, la liquidez sigue subiendo siempre.

El lanzamiento de CORE Router v1.0 da a nuestra comunidad la opción de desarmar los bots en ejecución frontal. Al usar los bots de Liquidity Zap ya no podrán ejecutar estas transacciones de forma anticipada. No solo hace que todo el proceso de LP sea más cómodo, sino que también ahorra costos de gas.

## ¿Cuál es el precio mínimo de CORE?

Debido a los fundamentos de CORE, la liquidez no se puede eliminar y las monedas no se pueden acuñar. El token tiene un precio mínimo. Lo que significa que nunca caerá bajo un precio determinado. Esto es bastante único, para una criptomoneda en el espacio DeFi que está plagado de tokens hiperinflados.

Para adquirir el precio mínimo, deberá utilizar una serie de cálculos que se encuentran en la Sección de fórmulas CORE.

## ¿Cuáles son los incentivos del equipo CORE?

Inicialmente hay una tarifa del 1% en las transferencias de tokens, con el 7% de las tarifas acumuladas se utiliza como una tarifa de desarrollo. El 93% restante se distribuye a los LPs apostados.

## ¿Para qué se utilizan los tokens CORE/WETH UNIV2 LP?

Podrá cultivar CORE dentro del contrato inteligente CoreVault usando estos tokens LP. Fuera de eso, son tokens normales, puedes transferirlos a cualquier lugar que te plazca.


# Gobernanza

**Gobernanza real**

CORE está diseñado para un excelente gobierno comunitario. La comunidad decide todo, desde las tarifas de los desarrolladores hasta la decisión sobre el contrato del aprobador de tarifas, agregar nuevos grupos, reequilibrar e incluso deshabilitar las colecciones en el contrato de transferencia CORE.

Nuestro modelo de gobernanza está diseñado para ser el más fuerte y más involucrado en DeFi. Debido a que los tokens LP están bloqueados indefinidamente, promueve la participación.<br>

(A medida que se desarrolle el proceso de gobernanza, se añadirán más a esta sección)


# Tokenomics

**¿Por qué $CORE no tiene inflación?**

El equipo CORE descubrió los defectos de muchos tokens de cultivo de rendimiento analizando su proceso de acuñación. La mayoría de los incentivos de rendimiento de estos tokens se basan en la inflación. Distribuyen sus fichas recién acuñadas a los titulares de LP. Este proceso no tiene efectos significativos a largo plazo en el precio del token.

CORE está utilizando un proceso de cultivo deflacionario mediante la fijación de una tasa del 1% a cualquier transferencia del token CORE. Esto permite a los stakers ganar rendimiento sin que el protocolo tenga que acuñar nuevos tokens.

​

**¿Cuál es el límite del token $CORE?**

El suministro máximo de CORE es 10.000. No hay absolutamente ninguna manera de crear nuevos tokens CORE, lo que significa que el suministro circulante solo puede disminuir.

​

**¿El token $CORE tiene alguna quemadura?**

No, no en este momento - sin embargo, se puede proponer a través de la Gobernanza.

**​**

**¿Cómo entra en circulación $CORE?**

Durante el **Evento de Generación de Liquidez**, todos los 10.000 CORE que existirán fueron acuñados y colocados junto con el Ethereum recaudados en el fondo de liquidez de Uniswap.


# Fórmulas CORE

Esta página está dedicada a recopilar fórmulas utilizadas para calcular una variedad de valores dentro del ecosistema CORE. Para ayudar a los miembros de la comunidad a entender cómo se obtienen algunos de estos valores, listamos estas fórmulas a continuación:

Descargo de responsabilidad: Mientras que en la actual interacción de contratos inteligentes pretendido el precio mínimo no puede moverse hacia abajo. Podría romperse en caso de errores de contrato inteligente, que son posibles.

\
¿Cómo calcular el valor de CORE/ETH UNIV2 LP Token?
---------------------------------------------------

![](/files/-MIf_2uHVKMXNzd-_nuL)

## ¿Cómo calcular el piso de precio de los tokens LP?

![](/files/-MIttwzJh0Qxd7C9St0U)

## ¿Cómo calcular el precio mínimo del fondo de liquidez?

![](/files/-MIfaKPP4L39UhVvS0fm)

## ¿Cómo calcular el piso de precio de COR&#x45;**?**

![](/files/-MItu4GoVmM1gNCVAxIg)

## Leyenda:

![](/files/-MJY3nbSKiULRJukzvIT)


# CORE Vault

Ce site vise à donner des conseils aux nouveaux arrivants du projet

CORE est une **monnaie cryptographique non inflationniste** qui est conçu pour exécuter des stratégies génératrices de profits de manière autonome avec une approche complètement décentralisée.

Contrairement à d'autres protocoles, CORE est un projet géré par la communauté qui est dirigé par le vote de la communauté.

Voici les principaux produits de l'écosystème de CORE Vault:

* Exploitation déflationniste par le biais de l’empilage (staking) CORE
* Coffres stratégiques automatisés (pas encore mis en œuvre)

À l'avenir, les coffres-forts de la gouvernance et de la stratégie automatisée seront disponibles sur [cvault.finance](https://cvault.finance/)


# Exploitation déflationniste

Une exploitation sans inflation infinie

**CVault.finance permet aux utilisateurs de céder des CORE en fournissant des jetons LP**

Afin de participer à l'exploitation déflationniste CVaults, et donc de recevoir un rendement payé en tant que CORE, l'utilisateur doit obtenir des jetons UNI-V2-LP et les placer sur cvault.finance.

Les jetons UNI-V2-LP sont obtenus en fournissant Ethereum et CORE en tant que liquidités sur Uniswap.

Une fois ajoutés, les jetons de liquidité ne peuvent pas être retirés des pools CORE Uniswap LP. Ceci est dû à la conception. En outre, les frais perçus par ces jetons LP restent dans le pool, ce qui contribue à la croissance continue du pool CORE-ETH Uniswap.

Une fois les jetons de liquidité obtenus, l'utilisateur les place sur cvault.finance pour commencer le processus d'exploitation. Lors de l'exploitation, les utilisateurs recevront des récompenses de mise CORE, en fonction de la quantité de jetons LP mis en jeu et de l'APY actuel.

L'APY actuel est facilement observable sur la page cvault.finance sous l'onglet Exploitation. Notez qu'il ne s'agit pas d'un rendement fixe, ni d'un rendement promis, ni d'un conseil financier. Les rendements sont basés sur les frais/blocs de la dernière semaine et la valeur du jeton LP.

Le noyau est lancé avec une commission de 1 % sur les transferts, ce qui signifie que chaque fois que le noyau est déplacé (par le biais de la négociation), l'opérateur paie une commission de 1 %.Cette commission est distribuée à tous les "stakeers" de CORE, ce qui permet de cultiver sans avoir besoin de nouveaux jetons CORE.

Les différents onglets de cvault.finance afficheront à l'utilisateur des informations utiles concernant les tokens APY, CORE, LP, les informations sur les paires de tokens Uniswap et LP.


# Événement de génération de liquidité (EGL)

## **Le premier événement de génération de liquidités :**

Un événement de génération de liquidité (EGL) est un concept qui a été créé par l'équipe CORE. Le premier EGL utilisé a été de produire et de distribuer équitablement les 10 000 jetons CORE.

Le premier événement de génération de liquidité a duré une semaine, au cours de laquelle les contributeurs ont pu fournir Ethereum au contrat intelligent EGL. Après avoir collecté Ethereum tout au long de la semaine de l'événement, les contributeurs ont pu fournir des jetons au contrat intelligent de LGE. Le contrat intelligent a utilisé les 10 000 CORE et le montant total d'Ethereum fourni tout au long de la semaine pour créer un pool de liquidité CORE/ETH Uniswap. La liquidité créée par le EGL est bloquée et les jetons de LP distribués ne peuvent pas être remboursés pour leurs actifs sous-jacents. Les participants au LGE ont reçu des jetons du Pool en échange de leur contribution d'Ethereum au LGE. Chaque transfert de CORE est soumis à une commission de 1 %, dont 93 % vont aux jetons de LP mis en jeu et 7 % au fonds de développement.

## **Le mécanisme qui se trouve derrière les événements de génération de liquidités :**

Un EGL utilise un contrat intelligent qui permet de collecter une variété de jetons pendant une période déterminée. Une fois la période écoulée, le contrat utilise les fonds collectés pour créer une nouvelle réserve de liquidités. Les participants qui ont contribué des jetons au contrat intelligent EGL recevront des jetons LP après la fin de l'événement. Ces jetons peuvent être mis en jeu sur le site cvault.finance pour recevoir des récompenses.&#x20;

Pendant le LGE, le contrat intelligent collecte et utilise les jetons de différentes manières pour maintenir son ancrage. Il est conçu pour avoir un impact positif sur CORE et son écosystème. L'exemple ci-dessous illustre ces *mécanismes :*<br>

{% hint style="info" %}
**L'événement de génération de liquidités CORE/wBTC** collecte et exploite les fonds:

**ETH** - est utilisé pour acheter CORE, wBTC ou les deux en fonction des besoins actuels.

**wBTC** -&#x20;est utilisé pour acheter CORE ou utilise la wBTC pour équilibrer l'ancrage.

**CORE** - est utilisé pour maintenir l'ancrage. Il ne peut être vendu. Si le contrat reçoit trop de CORE, il le rembourse proportionnellement.
{% endhint %}

\
**Pendant l'événement de génération de liquidités :**
-----------------------------------------------------

Contribuer à un EGL donne aux participants la possibilité de recevoir des jetons LP à prix réduit. Lors de cet événement, le prix par jeton LP n'est pas échelonné. Il est le même pour tous les contributeurs. Après la fin de l'événement, le prix augmentera en même temps que le montant de la cagnotte, ce qui signifie qu'il sera de plus en plus cher pour chaque nouveau jeton LP émis.

\ <br>


# Core Router

Core Router est l'interface principale du site web pour créer des jetons CORE LP. La version actuelle de Router est la 1.0, qui active uniquement la fonction Liquidity Zap. Les autres fonctions seront débloquées dans les prochaines mises à jour.

Les principales fonctions du routeur sont les suivantes :

* **Liquidity Zap (Liquidité Zap)**
* **Swap (Échange)**
* **Wrap (Enveloppe)**

## Liquidity Zap: **(Liquidité Zap)**

Les Liquidity Zap's permettent à l'utilisateur d'échanger **directement** l'Ethereum en jetons LP tout en économisant des frais.

C'est un moyen simple et rapide d'obtenir de nouveaux jetons LP. Vous n'aurez pas besoin d'aller à l'UNISWAP ou au pool pour les créer. Tout se fait par l'intermédiaire de l'interface sur cvault.finance.

Les zap's de liquidité ne peuvent pas être des opérations frontales. C'est le meilleur moyen d'acheter des jetons LP et d'aider l'écosystème CORE à se développer.

Tous les jetons de fournisseurs de liquidités CORE sont verrouillés. Vous ne pourrez pas échanger ces jetons contre leurs actifs sous-jacents. Les jetons LP vous permettent de participer au pool d'agriculteurs LP et d'obtenir des récompenses.

## Swap: **(Échange)**

Les échanges vous permettent d'accéder directement à tous les contrats de paires CORE pris en charge (bientôt)

## Wrap: (**Enveloppe)**

Cette fonction vous permet d'emballer/désemballer votre jeton à l'ERC95. (bientôt disponible)


# Coffres stratégiques automatisées

Coffres stratégiques automatisées

Les chambres fortes stratégiques automatisées exécutent des stratégies pour les avoirs à effet de levier afin de générer un rendement pour les différentes pièces mises en jeu. Les récompenses seront versées dans CORE. Créer une pression d'achat et de vente en même temps.

Les principaux effets des voûtes sur CORE :

* Les achats automatisés augmentent le volume
* Pression d'achat et de vente due aux récompenses

Actuellement, les chambres fortes stratégiques n'ont pas encore été publiées. Le développement est en cours et l'équipe annoncera bientôt les détails.


# Principales FAQ

## **Où puis-je acheter CORE ?**

Vous pouvez actuellement acheter CORE sur Uniswap. Assurez-vous de consulter CORE sur [Coingecko](https://www.coingecko.com/en/coins/cvault-finance) ou [Coinmarketcap](https://coinmarketcap.com/currencies/cvault-finance) pour trouver la bonne paire de négociation.

## À quoi servent les jetons CORE/WETH UNIV2 LP ?

Ils sont utilisés pour cultiver le CORE dans le cadre des contrats COREVault smart. En dehors de cela, ce sont des jetons normaux, vous pouvez les échanger, les transférer. Faites-en ce que vous voulez.

## Puis-je retirer les jetons CORE/WETH UNIV2 LP pour CORE/WETH sur Uniswap ?

Non, le tokenomique unique de CORE bloque tous les retraits de liquidités de l'Uniswap. Il crée la possibilité d'un prix plancher et rend le processus de déflation agricole unique.

## En quoi le jeton CORE est-il différent ?

Tous les CORE qui seront créés (10 000) sont générés lors de l'**événement de génération de liquidité** et ensuite mis en liquidité. Ce qui rend le CORE déflationniste. Associé à une redevance sur les transferts de jetons qui est distribuée à des investisseurs, il crée la possibilité d'un processus agricole déflationniste.

## Comment cultiver le maïs quand il est déflationniste ?

Chaque transfert et commerce de CORE est assorti d'une redevance, qui s'inscrit dans le contrat COREVault et est exploitable. Ces frais seront distribués aux parieurs de CORE, ce qui permettra d'offrir des récompenses sans gonfler la pièce.

## Serons-nous en mesure d'exploiter CORE avec des jetons autres que CORE/WETH UNIV2 LP ?

La gouvernance communautaire devra décider des futurs pools de LP. Il est dans leur intérêt de le faire sur la base de stratégies de production. Dès que la gouvernance sera lancée, des propositions seront soumises au vote (y compris par l'équipe CORE).

## Comment puis-je obtenir des jetons CORE-LP et les placer sur la plateforme ?

Pour obtenir des jetons CORE-LP, veuillez vous rendre sur le site cvault.finance, cliquez sur l'onglet Ferme et appuyez sur le bouton "Acheter LP et miser en un clic". Cela ouvre le routeur CORE. Choisissez la quantité d'Ethereum que vous souhaitez échanger contre des jetons LP. Cochez la case "mise automatique" si vous souhaitez mettre directement en jeu vos jetons LP. Appuyez sur "SWAP ETH for LP" et confirmez votre transaction.

## Puis-je retirer mes jetons LP ?

Oui, vous êtes libre de déplacer vos jetons LP comme vous le souhaitez. Le piquetage et le dépiquetage sont possibles sur le site cvault.finance sous l'onglet "Ferme".

## **Mes CORE, que je revendique, a disparu après avoir déposé de nouveaux jetons LP. Où sont-ils ?**

Toutes les actions de dépôt récoltent automatiquement tout CORE en attente. Vérifiez votre portefeuille pour vous assurer que le CORE est bien là. Vous pouvez toujours aller sur etherscan.io et le vérifier là aussi.

## **En ce qui concerne les retraits de liquidités réussis :**

Elles sont causées par l'ajout de liquidités au front running. Il n'est possible de retirer une partie de la liquidité qu'une fraction de seconde après que quelqu'un l'ait ajoutée. Il est important de comprendre que le front running ne permet pas de retirer plus que ce qui est déposé. Par conséquent, la liquidité augmente toujours.

La sortie de CORE Router v1.0 donne à notre communauté la possibilité de désarmer les bots de front. En utilisant Liquidity Zap, les bots ne pourront plus exécuter ces transactions en mode "front running". Non seulement cela facilite l'ensemble du processus de LP, mais cela permet également de réduire les coûts de gaz.

## Quel est le prix plancher de CORE ?

En raison des principes fondamentaux de CORE, les liquidités ne peuvent pas être retirées et les pièces ne peuvent pas être émises. Le jeton a un prix plancher. Cela signifie qu'il ne tombera jamais en dessous d'un certain prix. C'est tout à fait unique, pour une cryptocourant dans l'espace DeFi qui est en proie à des jetons hypergonflables.

Pour acquérir le prix plancher, vous devrez utiliser une série de calculs que vous trouverez dans la [section Formules CORE](https://help.cvault.finance/core-formulas/formulas).

## Quelles sont les motivations de l'équipe CORE ?

Au départ, il y a une redevance de 1 % sur les transferts à titre symbolique, 7 % des frais accumulés étant utilisés comme frais de développement. Les 93 % restants sont distribués aux LPs paritaires.

## À quoi servent les jetons CORE/WETH UNIV2 LP ?

Vous pourrez exploiter (miner) le CORE à l'intérieur du COREVault smart en utilisant ces jetons LP. En dehors de cela, ce sont des jetons normaux, vous pouvez les transférer où bon vous semble.

##


# Gouvernance

**Gouvernance réelle**

CORE est conçu pour une grande gouvernance communautaire. La communauté décide de tout, des honoraires des développeurs au contrat d'approbation des honoraires, en passant par l'ajout de nouveaux pools, le rééquilibrage et même la désactivation des pools dans le contrat de transfert CORE.

Notre modèle de gouvernance est conçu pour être le plus fort et le plus impliqué dans DeFi. Comme les jetons LP sont bloqués indéfiniment, il favorise la participation.

(À mesure que le processus de gouvernance se développe, d'autres seront ajoutés à cette section)


# Tokenomics

**Pourquoi $CORE n'a-t-il pas d'inflation ?**

L'équipe CORE a découvert les défauts de nombreux jetons de rendement en analysant leur processus d’émission. La plupart des incitations au rendement de ces jetons sont basées sur l'inflation. Ils distribuent leurs jetons nouvellement frappés aux détenteurs de LP. Ce processus n'a pas de grands effets à long terme sur le prix des jetons.

CORE utilise un processus d'agriculture déflationniste, en associant une redevance de 1 % à tout transfert du jeton CORE. Cela permet aux parieurs de gagner du rendement sans que le protocole n'ait à frapper de nouveaux jetons.

**Quel est le plafond du jeton $CORE ?**

L'offre maximale de CORE est de 10 000. Il n'y a absolument aucun moyen de créer de nouveaux jetons CORE, ce qui signifie que l'approvisionnement en circulation ne peut que diminuer.

**Le jeton $CORE a-t-il des bum ?**

Non, pas pour l'instant - mais il peut être proposé par le biais de la gouvernance.

**Comment $CORE entre-t-il en circulation ?**

Lors de l'**événement de génération de liquidités, les** 10 000 CORE qui existeront jamais ont été frappés et placés avec l'Ethereum réuni dans le pool de liquidités d'Uniswap.


# CORE Formules

Cette page est consacrée à la collecte des formules utilisées pour calculer une variété de valeurs au sein de l'écosystème CORE. Pour aider les membres de la communauté à comprendre comment certaines de ces valeurs sont obtenues, nous énumérons ces formules ci-dessous :

Clause de non-responsabilité : Bien que dans l'interopérabilité des contrats intelligents actuellement **prévue,** le prix plancher ne peut pas baisser. Il pourrait être rompu en cas de bogue dans les contrats intelligents, ce qui est possible.

\
Comment calculer la valeur du token CORE/ETH UNIv2 LP ?
-------------------------------------------------------

![](/files/-MIf_2uHVKMXNzd-_nuL)

## **Comment calculer le prix plancher des tokens LP**

![](/files/-MIttwzJh0Qxd7C9St0U)

## Comment calculer le prix plancher de la réserve de liquidités ?

![](/files/-MIfaKPP4L39UhVvS0fm)

## Comment calculer le prix plancher de CORE ?

![](/files/-MItu4GoVmM1gNCVAxIg)

## Légend&#x65;**:**

![](/files/-MJSSfKdb0Z6Kd4f0xT8)


# CORE Vault

这个网站旨在为新手提供项目指导

CORE是一种**非通货膨胀性的加密货币**，使用完全分散的方式自主执行盈利策略。

与其他协议不同，CORE是一个社区运行项目，由社区投票管理。

以下是CORE Vault生态系统的主要产品：

* 通过CORE押注实现通货紧缩型Farming
* 自动化战略Vault（尚未实施）

未来，管理和自动化Vault将在此网站上提供[cvault.finance](https://cvault.finance/)


# 通货紧缩型Farming

没有无限通胀的Farm

## CVault.finance允许用户通过提供LP tokens来获得CORE

为了参与CVaults的通货紧缩型farm，并因此获得作为CORE支付的收益，用户需要获得UNI-V2-LP代币并将利用其在cvault.finance上押注。

通过在Uniswap上提供ETH和CORE作为流动资金获得UNI-V2-LP代币。

一旦加入，就不能从CORE Uniswap LP池中移除流动性代币。这是设计好的。此外，这些LP代币收取的费用将仍保留在池中，进一步促进了CORE-ETH Uniswap pool的持续增长。

一旦获得流动性代币，用户就把它们押在cvault.finance开始耕作过程。当耕作时，用户将获得CORE押注奖励，奖励取决于所押LP代币的数量和当前的APY。

目前的APY可以轻松在cvault.finance网站上的“Farm”选项下查看。请注意，这不是固定回报，不是承诺收益，也不是财务建议。真正的收益是基于上周的费用/区块和LP代币的价值。

Core启动时将收取1%的转让费，这意味着每次CORE转移（通过交易），交易者将支付1%的费用。这笔费用被分配给所有的CORE押注者，这使得无需铸造新的CORE代币的Farm成为可能。

cvault.finance上不同的标签将向用户展示有关APY、CORE代币、LP代币、Uniswap Pair Info和LP Token Pair Info。


# Liquidity Generation Events

## 第一次**Liquidity Generation Event**：

Liquidity Generation Event（LGE）是由CORE团队创建的概念。第一个LGE被用来公平地铸造和分发总共10,000个CORE代币。

第一次Liquidity Generation Event持续了一周，参与者能够向LGE智能合约供应ETH，整个活动周收集ETH结束后，智能合约将利用10,000个CORE和整周供应的ETH总量来创建一个CORE/ETH Uniswap流动资金池。通过LGE创造的流动资金是一定的，发放的LP代币不能赎回其基础资产。LGE参与者收到的流动资金池代币，作为他们向LGE贡献的ETH的回报。每次CORE交易收取1%的费用，其中93%的费用被用于押注LP代币，7%的费用被用于开发者基金。

## Liquidity Generation Events的背后机制：

LGE使用智能合约，在一定的时间段内收集各种代币。计时器结束后，该合约会使用募集的资金来创建一个新的流动资金池。向LGE智能合约贡献代币的参与者将在活动结束后获得LP代币。这些代币可以在cvault.finance网站上进行押注并获得奖励。

在LGE期间，智能合约以不同的方式收集和使用代币，维持其挂钩汇率，旨在对CORE及其生态系统产生积极影响。以下示例展示了这些机制：

{% hint style="info" %}
**CORE/wBTC Liquidity Generation Event** 的收集和使用：

**ETH** - 市场根据当前需求购买CORE、wBTC或两者都买。

**wBTC** - 市场购买CORE或使用wBTC来平衡挂钩。

**CORE** - 用来保持挂钩，且不能出售。如果合约收到的CORE太多，会按比例退款。
{% endhint %}

## Liquidity Generation Event期间：

参与者能够通过向LGE贡献资金，获得一定折扣的LP代币。在此活动期间，每个LP代币的价格不设汇率，对所有的贡献者都完全平等。活动结束后，价格将随着池子的增加而增加，这意味着每一枚新铸造的LP代币价值将会变得越来越高。

\ <br>


# Core Router

Core Router是网站创建CORE LP代币的主设备。Router的当前版本是1.0，只激活了Liquidity Zap功能。其他功能将在以后的更新中解锁。

Router的主要功能是：

* **Liquidity Zap**
* **Swap**
* **Wrap**

## Liquidity Zap：

Liquidity Zap允许用户直接将ETH兑换成LP代币，同时节省GAS成本。

这是一种快速而简单的获取新LP代币的方法。你不需要去UNISWAP或池子里创建它们，只需一切都通过cvault.finance网站操作即可.

Liquidity zap不能提前交易，且是购买LP代币和帮助CORE生态系统发展的最佳方式。

所有CORE流动资金提供者代币均已锁定。您无法将这些代币兑换为其基础资产。LP代币允许您参与LP farming pool，并获得奖励。

## Swap：

Swaps功能允许您直接访问所有支持CORE对的合约（即将推出）

## Wrap：

此功能允许您将代币包装/展开为ERC95。（即将推出）


# 自动化策略Vaults

自动化策略Vaults执行杠杆持有策略，产生不同押注硬币的收益。奖励将以CORE支付，同时造成买卖压力。

保险库对CORE的主要影响：

* 自动购买导致交易量增加
* 由于奖励而产生的买卖压力

目前战略Vaults尚未发布。正在进行开发中，团队将很快公布细节。

<br>


# 主要FAQs

## **我在哪里可以买到CORE？**

目前您可以在Uniswap上购买CORE。请务必在[Coingecko](https://www.coingecko.com/en/coins/cvault-finance) 或 [Coinmarketcap](https://coinmarketcap.com/currencies/cvault-finance) 上查看CORE，找到正确的交易对。

## CORE/WETH UNIV2 LP代币的用途是什么？

它们用于COREVault智能合约中的farm CORE。除此之外，它们就是普通的代币，你可以进行交易，转让，只要你想做的，都可以。

## 我可以在Uniswap上为CORE/WETH提取CORE/WETH UNIV2 LP代币吗？

不可以，具有唯一性的CORE代币经济学锁定了所有从Uniswap提取的流动资金。它创造了价格下限的可能性，并使通货紧缩的农业过程独一无二。

## 是什么让CORE代币与众不同？

所有将要创建的CORE（10000个）都是在**Liquidity Generation Event**中产生的，随后被投入流动资金中，使CORE具有通缩性。再加上代币转让的费用会分配给押注者，这就为通货紧缩的农业过程创造了可能。

## 通货紧缩时我们该怎么farm CORE？

每一次CORE的转让和交易都会附带一笔费用，这笔费用包含在COREVault合约内，并且是可farm的。这些费用将分配给CORE押注者，从而在不会使Coin通货膨胀的情况下提供奖励。

## 我们是否可以用除CORE/WETH UNIV2 LP以外的代币来farm CORE？

社区管理部门将不得不决定未来的LP池。基于farm策略，这样做符合他们的利益。一旦管理启动，将会对提案进行投票（包括CORE团队）。

## 如何获得CORE-LP代币并在平台上进行押注？

要获得CORE-LP代币，请访问cvault.finance网站，点击Farm选项，并按“Buy LP and Stake with One Click”按钮。这将打开CORE Router，然后选择要swap成LP代币的ETH数量。如果您想直接押注您的LP代币，请勾选“stake automatically”，点击“SWAP ETH for LP” 并确认您的交易。

## 我能取消押注的LP代币吗？

可以，您可以随时转移您的LP代币，在cvault.finance网站的“Fram”选项下押注或取消押注。

## **存入新的LP代币后，我的可申请CORE消失了，它们在哪里？**

所有的存款操作都会自动收取任何待处理的CORE。请检查一下你的钱包，确认CORE是否存在。你也可以随时去etherscan.io网站上验证。

## **关于成功提取流动资金的问题：**

这是由于提前交易的流动资金增加而引起的。只有在有人加入流动资金后的一瞬间，才有可能取出一部分流动资金。重要的是要明白，抢先交易是不允许提取的资金比存入的资金多的。因此，流动资金会一直增加。

CORE路由器v1.0的发布让我们的社区可以选择解除提前交易的机器人。通过使用Liquidity Zap的机器人将无法再提前进行这些交易。这不仅使整个LP流程变得更加简单，同时还节省了gas成本。

## CORE的价格下限是多少？

由于CORE的基本原理，其流动性无法去除，也无法铸造。因此，该代币有价格下限，就是说它永远不会跌破某个价格。这一点是相当独特的，然而DeFi领域的加密货币就会受到过度膨胀代币的困扰。

要获得价格下限，您需要进行[CORE 公式部分](https://help.cvault.finance/core-formulas/formulas)中的一系列计算

## CORE团队的激励机制是什么？

最初，代币转账需要收取1%的费用，累积费用的7%作为开发费用。剩下的93%会分配给押注的LP。

## CORE/WETH UNIV2 LP代币的用途是什么？

你将能够使用这些LP代币在COREVault智能合约中farm CORE。除此之外，它们就是普通的代币，你可以把它们转移到任何地方。


# 管理

**真正的管理**

CORE是为实行伟大的社区管理而设计的。社区决定一切，包括从开发人员费用到决定费用批准人合约、添加新池、重新平衡，甚至在CORE转让合约中禁用池子。

我们的管理模式被设计成DeFi中最强大、参与度最高的模式。因为LP代币被无限期锁定，所以它也促进了参与度的增加。

（随着管理过程的发展，本节将增加更多内容）


# 通证经济学

**为什么$CORE没有通货膨胀？**

CORE团队通过分析其铸造过程，发现了许多farm代币收益的缺陷。这些代币的收益激励大多基于通货膨胀。他们将新铸造的代币分配给LP持有人，而这一过程对代币价格的长期影响并不大。

CORE使用的是通货紧缩的farm过程，CORE代币的任何转让活动都要支付1%的费用。这使得押注者可以在协议不需要制造新代币的情况下获得收益。

​

**$CORE代币的上限是多少？**

CORE的最大供应量为10,000个，并且没有任何办法来创造新的CORE代币，这意味着其流通供应量只能下降。

​

**$CORE代币有销毁过吗** **？**

没有，目前还没有，但是可以通过管理措施来提出。

**$CORE如何进入流通循环？**

在**Liquidity Generation Event**期间，会将存在的10,000个CORE全部铸造并与筹集的ETH一起放入Uniswap流动基金池。


# CORE 公式

本页专门收集了用于计算CORE生态系统内各种数值的公式。为了帮助社区成员了解这些数值是如何得到的，我们列出了以下公式：

*免责声明：虽然在当前**预期**的智能合约交互操作中，价格下限不能下移。但是，如果在智能合约出现bugs的情况下， 下限可能被破坏。*

## **如何计算CORE/ETH UNIv2 LP代币的价值？**

![](/files/-MIf_2uHVKMXNzd-_nuL)

\
**如何计算LP代币的价格下限？**
------------------

![](/files/-MIttwzJh0Qxd7C9St0U)

\
**如何计算流动资金池的价格下限？**
-------------------

![](/files/-MIfaKPP4L39UhVvS0fm)

\
**如何计算CORE的价格下限？**
------------------

![](/files/-MItu4GoVmM1gNCVAxIg)

![](/files/-MJt4YZC4mQL49cT_HGK)


# CORE Vault

This site aims to give guidance to newcomers of the project

CORE is a ***non-inflationary cryptocurrency*** that is designed to execute profit-generating strategies autonomously with a completely decentralized approach.

Unlike other protocols, CORE is a community run project that is governed by vote of the community

These are the main products for the CORE Vault ecosystem:

* Deflationary Farming through CORE staking
* Automated Strategy Vaults (not yet implemented)

\
In the future Governance and Automated Strategy Vaults will be available on [cvault.finance](https://cvault.finance/)<br>

## Announcement: Website backups

\
If you can not reach the website under cvault.finance please try the backups below:\
\
A IPFS website backup is up at QmXRez85MNjxRpBNMtTq65CWv5tZE1AgGuAZxevqZ83d5P

IPFS is decentralized and should not have any outages.

Reliable nodes : <https://cloudflare-ipfs.com/ipfs/QmXRez85MNjxRpBNMtTq65CWv5tZE1AgGuAZxevqZ83d5P/> <https://gateway.pinata.cloud/ipfs/QmXRez85MNjxRpBNMtTq65CWv5tZE1AgGuAZxevqZ83d5P/>

A 3rd party backup website is coming-up soon as well.


# Deflationary Farming

Farming without infinite inflation

## CVault.finance allows users to yield CORE by providing LP tokens

In order to participate in CVaults deflationary farming, and therefore receive yield paid as CORE, the user requires to obtain UNI-V2-LP tokens and stake them on cvault.finance.

The UNI-V2-LP tokens are obtained by providing Ethereum and CORE as liquidity on Uniswap.&#x20;

Once added, liquidity tokens can not be removed from the CORE Uniswap LP pools. This is by design. In addition to that, the fees collected by these LP tokens remain in the pool, which adds to the continues growth of the CORE-ETH Uniswap pool.

Once the liquidity tokens are obtained, the user stakes them on cvault.finance to begin the farming process. When farming, users will receive CORE staking rewards, depending on the amount of LP tokens staked and the current APY.

The current APY is easily observed on the cvault.finance page under the Farm tab.\
Note that it is not a fixed return, it is not a promised return and it is not financial advice. The returns are based on fees/block in the last week and the value of the LP token.

Core launched with a 1% Fee on transfers, meaning that each time CORE is moved around (through trading), the trader pays a fee of 1%. This fee is distributed to all CORE stakers, which makes farming without printing new CORE tokens possible.

The different tabs on cvault.finance will show the user useful information regarding the APY, CORE token, LP tokens, the Uniswap Pair Info & LP Token Pair Info.


# Liquidity Generation Events

## **The First Liquidity Generation Event:**

A Liquidity Generation Event (LGE) is a concept that was created by the CORE team. The first LGE used was to mint and distribute all 10,000 CORE tokens fairly.&#x20;

The first Liquidity Generation Event lasted one week, in which contributors were able to supply Ethereum to the LGE smart contract. After collecting Ethereum throughout the week of the event. The smart contract used the 10,000 CORE and the total amount of Ethereum supplied throughout the week to create a CORE/ETH Uniswap liquidity pool. The liquidity created through the LGE is locked up and the LP tokens given out can not be redeemed for their underlying assets. The LGE participants received Liquidity Pool tokens in return of their Ethereum contributed to the LGE. Each transfer of CORE is charged with a 1% fee, of which 93% goes to the staked LP tokens and 7% to the developer fund.&#x20;

## The mechanism behind Liquidity Generation Events:

An LGE uses a smart contract which collects a variety of tokens during a determined period. After the timer is over the contract uses the collected funds to create a new liquidity pool. Participants who contributed tokens to the LGE smart contract will receive LP tokens after the event is over. These tokens can be staked on the cvault.finance website to receive rewards.&#x20;

During the LGE, the smart contract collects and uses tokens in different ways to maintain its peg. It is designed to have a positive impact on CORE and its ecosystem.\
The example below demonstrates these mechanisms:<br>

{% hint style="info" %}
**CORE/wBTC Liquidity Generation Event** collects & uses:

**ETH** - market buys CORE, wBTC or both depending on the current need.

**wBTC** - market buys CORE or uses wBTC to balance the peg.

**CORE** - is used to maintain the peg. cannot be sold. if contract receives too much CORE it  refunds it proportionally.&#x20;
{% endhint %}

## During the Liquidity Generation Event:

Contributing funds to an LGE gives participants the ability to receive discounted LP tokens. During this event the price per LP token does not scale. It is even for all contributors. After the event is over the price will scale along with the pool, meaning it will become increasingly expensive for each new minted LP token.

\ <br>


# Core Router

The main functions of the router are:

* **Liquidity Zap**
* **Swap**
* **Wrap**
* **Arbitrage**

## Liquidity Zap:

Liquidity Zap's allows the user to **directly** exchange Ethereum into LP tokens while saving GAS costs.

It's a quick and simple way to obtain new LP tokens. You won't be needing to go to UNISWAP or the pool to create them. It is all done through the interface on cvault.finance.&#x20;

Liquidity zap's can not be front run. It is the best way to purchase LP tokens and help the CORE ecosystem grow.

All CORE liquidity provider tokens are locked. You will not be able to exchange these tokens for their underlying assets. LP tokens allow you to participate in the LP farming pool, and obtain rewards.

## Swap:

Swaps allow you direct access to all supported CORE pair contracts (coming soon)

## Wrap:

This feature allows you to wrap/unwrap your token to ERC95.&#x20;

Currently you can wrap and unwrap wBTC to cBTC:

cBTC is a wrapped version of wBTC. You can wrap and unwrap between them at will. Always 1:1, and without any fees.

## Arbitrage:

The Arbitrage tab displays the Number of strategies in the contract and allows you to visualize them by adding them to the watch list.

Users are encouraged to add new strategies to the Arbitrage contract. You can do so by clicking the "Add new strategy" button and following the instructions of the Strategy Setup Wizard.

![](/files/-MN44T5GO-VHmy1N-PTZ)


# Automated Strategy Vaults

Automated Strategy Vaults execute strategies for leveraged holdings to generate yield for different staked coins. The rewards will be paid out in CORE. Creating buy and sell pressure at the same time.

The main effects of Vaults on CORE:

* Automated buys increase the Volume
* Buy & Sell pressure due to rewards

Currently Strategy Vaults have not yet been released. The development is ongoing and the team will announce details soon.


# CORE Flash Arbitrage

CORE Flash Arbitrage consists of two principals:

* **Arbitrage**
* **Uniswap Flash Swaps**

### What is Arbitrage? <a href="#id-0be8" id="id-0be8"></a>

Arbitrage represents an opportunity for low risk profit from discrepancies in prices of financial instruments. While Supply and Demand is the primary driving factor behind financial markets, a change in one of these factors can affect the price of an asset. To successfully profit from such an opportunity one must spot the differences in price. In other words, if one and the same product is traded on two markets at different prices, one may profit from arbitrage. In today’s financial markets, traders use automated trading systems that rely on algorithms to spot these discrepancies and profit before the market reacts.

### What is a Flash Swap? <a href="#id-987a" id="id-987a"></a>

The second principal that CORE’s Flash Arbitrage system takes advantage of, are Uniswap Flash Swaps. This feature allows the user to take out a loan from any liquidity pool on Uniswap without any cost, as long as the loan is returned at the end of the transaction. Uniswap allows two ways for this return to happen:

* The loan is paid back with the corresponding pool / pair token
* The loan is paid back with the original ERC20 token

### Example: <a href="#f126" id="f126"></a>

![](/files/-MMGng_-bpB67krRl0Gy)

You may create a Flash Swap by withdrawing temporarily the liquidity of the wBTC/ETH pool.

> In the current example the price of 1 wBTC is 34 ETH.

&#x20;If you withdraw 1 wBTC as a flash swap from the wBTC/ETH pool, you must end your transaction by either returning **34 Ethereum** or **1 wBTC + Uniswap 0.3% fee**. If you are unable to meet these ending conditions, the flash swap will fail, and the transaction will get rolled back. If one takes out a Flash Swap and utilizes an arbitrage opportunity before returning the loan, it will generate zero risk profits.

## **CORE’s Flash Arbitrage** ⚡ <a href="#id-16e1" id="id-16e1"></a>

The Flash Arbitrage is build to bring a powerful and precise tool to the community. The contract uses a specifically crafted algorithm to process a wealth of data and identify opportunities across different pools. CORE’s Flash Arbitrage can be summarized in three steps:

![](https://miro.medium.com/max/1200/1*EbOZbFc1EZPUJ3qt3BG_EA.gif)

The contract takes a Flash Swap from a pool and performs the arbitrage strategy which was previously selected. The revenue generated through the arbitrage is split between the **Caller** and the **CORE Buyer Contract**. The ratio depends on the **Fee on Transfer (FoT)** function being on or off for the performed strategy. When an arbitrage strategy is performed with FoT on, the max revenue split for the Caller is 10% and 90% for the **CORE Buyer Contract**. If FoT is turned off, the maximum revenue for the Caller is 65% while the CORE Buyer Contract receives 35%.

The CORE Buyer Contract will add rewards to specific CORE pools to keep them at a designated APY. If all pools reach this threshold, the contract instead adds liquidity to CORE pools and subsequently burns the LP token. The mint and burn of liquidity pool tokens has a compounding effect on the APY of CORE liquidity pools. It increases the liquidity and value of LP tokens while not diluting the APY.

## A Closer Look inside an Arbitrage Strategy <a href="#da7f" id="da7f"></a>

![](https://miro.medium.com/max/2500/1*HyEKSIKghC4fM17hvTJ-iw.png)

The second step of a successful CORE Flash Arbitrage involves selecting a strategy. The image shows a strategy performed on the CORE/cBTC pool while taking a Flash Swap from the wBTC/ETH pool.

Due to the special rules in CORE’s ecosystem a Flash Arbitrage performed on a CORE pool has several positive effects. First of all, every 0.3% Uniswap Fee charged for transactions are directly contributed to the Total Value Permanently Locked (TVPL). In this example it happens between cBTC and CORE and between CORE and Ethereum. Another beneficial effect on the system is the 1% Fee on Transfer which stayed active in this strategy, generating 0.01895 CORE for the CORE/ETH LP token holders.

> This Arbitrage strategy performed 3 swaps and one wrap.

1. **0.45891154 wBTC** wrapped to **0.45891154 cBTC**
2. **0.45891154 cBTC** swapped to **1.895527328 CORE**
3. **1.895527328 CORE** swapped to **15.526442558 ETH**
4. **15.41569512 ETH** swapped to **0.45891154 wBTC**

Due to the price advantage of the three swaps, a surplus of Ethereum was generated, resulting in **0.1107474 ETH** being split between the **Caller** & **CORE Buyer Contract**.


# Main FAQs

## **Where can I buy CORE?**

You can currently buy CORE on Uniswap. \
Make sure to check out CORE on [Coingecko](https://www.coingecko.com/en/coins/cvault-finance) or [Coinmarketcap](https://coinmarketcap.com/currencies/cvault-finance) to find the correct trading pair.&#x20;

## What are CORE/WETH UNIV2 LP tokens used for?

They are used to farm CORE inside the COREVault smart contracts. Outside of that they are normal tokens, you can trade them, transfer them. Do whatever you please with them.

## Can I withdraw CORE/WETH UNIV2 LP tokens for CORE/WETH on Uniswap?

No the unique tokenomics of CORE locks all liquidity withdrawals from Uniswap. It creates the possibility of a price floor and makes the deflationary farming process unique.

## What makes the CORE Token different?

All CORE that will ever be created (10,000) is generated during the **Liquidity Generation Event** and subsequently put into liquidity. Making CORE deflationary. Together with a fee on token transfers which is distributed to stakers, it creates the possibility for a deflationary farming process. <br>

## How do we farm CORE when its deflationary ?

Every transfer and trade of CORE has a fee attached to it, which goes inside the COREVault contract and is farmable. These fees will be distributed to CORE stakers therefore providing rewards without inflating the Coin.<br>

## Will we be able to farm CORE with tokens other than CORE/WETH UNIV2 LP ?

The community governance will have to decide on future LP pools. Based on yield farming strategies its in their interest to do so. As soon as governance launches there will be proposals to vote on (including by the CORE team).

## How do I obtain CORE-LP tokens and stake them on the platform?

To obtain CORE-LP tokens, please visit cvault.finance, \
click on the Farm tab and press the button "Buy LP and Stake with One Click".\
This opens CORE Router. Choose the amount of Ethereum you would like to swap to LP tokens. Check the box "stake automatically" if you want to directly stake your LP tokens.\
Press "SWAP ETH for LP" and confirm your transaction.

## Can I unstake my LP tokens?

Yes, you are free to move your LP tokens around as you wish. Staking and unstaking is possible on the cvault.finance website under the "Farm" tab.

## **My claimable CORE disappeared after depositing new LP tokens. Where are they?**

All deposit actions auto-harvest any pending CORE. Check your wallet to verify the CORE is there. You can always go to etherscan.io and verify it there as well.

## **Regarding successful liquidity withdrawals:**

They are caused by liquidity addition front running. It's only possible to remove a part of the liquidity a split second after someone added it. It is important to understand that front running does not allow more to be withdrawn than is deposited. Therefore the liquidity still always goes up.&#x20;

The release of CORE Router v1.0 gives our community the option to disarm the front running bots. By using Liquidity Zap's bots will not be able to front run these transactions anymore. It does not just make the entire LP process easier but it also saves gas costs.

## What is the price floor of CORE?

Due to CORE’s fundamentals, liquidity cannot be removed, and coins cannot be minted.\
The token has a price floor. Meaning it will never drop under a certain price. This is quite unique, for a cryptocurrency in the DeFi space which is plagued by hyperinflating tokens.&#x20;

To acquire the price floor you will need to use a series of calculations found in the [CORE Formulas section](https://help.cvault.finance/core-formulas/formulas). Our official [Discord channel](https://discord.gg/hPUm9Jh) has a useful bot which calculates the price floor of LP tokens and CORE automatically. All you have to do is [join the Discord](https://discord.gg/hPUm9Jh), enter the "**Robocore**" channel and type "**!floor"** to receive the price in real time.

## What are the incentives of the CORE team?

Initially there is a 1% fee on token transfers, with 7% of the fees accumulated being used as a dev fee. The remaining 93% get distributed to the staked LPs.


# Governance

**Real Governance**

CORE is designed for great community governance. The community decides everything, from developer fees, to deciding on the fee approver contract, adding new pools, rebalancing, and even disabling pools in the CORE Transfer contract.&#x20;

Our governance model is designed to be the strongest and most involved in DeFi. Because LP tokens are locked in indefinitely it promotes participation.\ <br>

(As the Governance process develops more will be added to this section)


# Tokenomics

**Why does $CORE not have inflation?**

The CORE team discovered the flaws of many yield farming tokens by analyzing its minting process. Most of these token's yield incentives are based on inflation. They distribute their newly minted tokens to the LP holders. This process does not have great long term effects on the token price.&#x20;

CORE is using a deflationary farming process, by attaching a 1% fee to any transfer of the CORE token. This allows the stakers to earn Yield without the protocol having to mint new tokens.&#x20;

**What is the cap of the $CORE token?**

The max supply of CORE is 10,000. There is absolutely no way to create new CORE tokens, which means the circulating supply can only ever go down.

**Does the $CORE token have any burn?**

No not at at this time - however it can be proposed through Governance.

**How does $CORE enter into circulation?**

During the **Liquidity Generation Event** all 10,000 CORE that will ever exist were minted and placed together with the Ethereum raised into the Uniswap liquidity pool.


# ENCORE Migration

The CORE and ENCORE developer teams have reached a consensus regarding discussions to transfer Encore’s LP to CORE’s ecosystem. ENCORE launched about a month ago with an unprecedented Liquidity Generation Event (LGE) of over 10,000 ETH. Since the LGE completion, participants received a diminished return due to a lack of trading volume. Many were unable to recover their principal. The ENCORE team believes the value for their LP holders grows more substantially and faster by joining CORE’s LP pools, which provide various arbitrage opportunities. Thanks to these innovative arbitrage pools, a guaranteed APY is achievable. Regardless of CORE’s price changes, APY pays all forced arbitrage pool stakers, a net win-win for ENCORE and CORE LP token holders.

## **The next steps of the transfer:** <a href="#id-9958" id="id-9958"></a>

* All buys of ENCORE tokens on Uniswap are **disabled forever.**
* The CORE dev team will zap all ENCORE LP tokens into the upcoming DAI/CORE LP.
* All withdrawals from ENCORE’s vault end immediately.
* The CORE team detected a memory corruption within the ENCORE Vault contract while performing due diligence; we’ll make efforts to mitigate any concerns before zapping liquidity out.
* As liquidity migrates to the new CORE pair, all ENCORE tokens will be burned.

We strongly urge all ENCORE token holders to move their ENCORE tokens into the ENCORE Uniswap pool (selling your ENCORE). We will dispose of all tokens once transferred to the new pool.

\
\
If you have any questions regarding the ENCORE Migration, please read the following FAQ. If anything is still unclear you can direct any questions to the CORE team & Admins in the following Telegram channels: \
**CORE Main Channel**: <https://t.me/COREVault>\
**CORE Support Channel**: <https://t.me/coretechsupport>

## Frequently Asked Questions about the Migration:

\
**1) When will the migration take place?**
------------------------------------------

The migration of LP tokens will happen during CORE’s third Liquidity Generation Event. Follow us on [Twitter](https://twitter.com/CORE_Vault) and our [Telegram Channel](https://t.me/COREVault) to receive news about the launch date.\
After the event is over all participants, including ENCORE LPs, will receive the new CORE LP tokens.

## **2) What do ENCORE LP holders have to do?**

The migration process will be as seamless as possible. \
\
Staked ENCORE LP tokens will migrate to the LGE automatically.&#x20;

## **3) What happens to unclaimed ENCORE in the vault?**

Due to memory corruption of the contract that occurred weeks before the CORE team took over, all pending rewards are zero.&#x20;

## **4) What happens to the ENCORE in our wallets?**

You will be able to sell your ENCORE tokens to the [Uniswap pool](https://info.uniswap.org/pair/0x2e0721E6C951710725997928DcAAa05DaaFa031B). Buying ENCORE is disabled forever. You will be able to exchange ENCORE for the floor price forever, in a smart contract the team will set up at a later date.

## **5) What happens to unstaked LP in our wallets?**

The easiest way to participate in the migration of ENCORE LP tokens to CORE LP tokens, is to have them staked in the ENCORE Vault. You will be able to zap into a liquidity pool after the LGE3 but that will most likely result in a worse price for your ENCORE LP tokens and is not a priority for the team to set up. It will be a long time before this will be enabled. CORE Liquidity Generation Events are designed to give the fairest price to its participants.

## **6) What is the value of my ENCORE LP?**

1 ENCORE LP will be redeemed at 0.5 ETH worth of DAI/CORE LP

## 7) Why not just unlock the pools and give back the ETH?

Unlocking the pool would allow people to sell their ENCORE into the pool which would steal value from others. It would give the biggest advantage to the people that act first. The fairest way forward was to use the zap function and migrate ENCORE LP tokens into the new CORE/DAI pool which will launch after the completion of the third Liquidity Generation Event.


# CORE Formulas

This page is dedicated to collecting formulas used to calculate a variety of values inside the CORE ecosystem. To help community members understand how some of these values are obtained we are listing these formulas below:

*Disclaimer: While in the current **intended** smart contracts interoperation the price floor can not move down. It might be broken in case of smart contract bugs, which are possible.*

\
**How to calculate the value of CORE/ETH UNIv2 LP Token?**
----------------------------------------------------------

![](/files/-MIf_2uHVKMXNzd-_nuL)

## **How to calculate the price floor of LP Tokens?**

![](/files/-MIttwzJh0Qxd7C9St0U)

## **How to calculate the price floor of the liquidity pool?**

![](/files/-MIfaKPP4L39UhVvS0fm)

## **How to calculate the price floor of CORE?**

![](/files/-MItu4GoVmM1gNCVAxIg)

## **Legend:**

![](/files/-MIfbbum5Ci9qESZN_-n)


# How to convert your LP tokens to coreDAO Vouchers

## **Using CORE Router v1.6**

The updated CORE Router on [cvault.finance](https://cvault.finance/) allows for LP tokens which missed the migration to coreDAO Vouchers, to be wrapped and exchanged.

### **Step 1: Navigate to cvault.finance and connect your wallet**

![](https://cdn-images-1.medium.com/max/600/1*KWwRHC-vrC6vrdTSJmyzWA.png)

### **Step 2: Open the CORE Router**

![](https://cdn-images-1.medium.com/max/600/1*4upKVI_V8Bs8pw8op7cf2g.png)

Click on the **Start** button in the bottom left corner, and navigate to **Router**. This opens the CORE Router window.

### **Step 3: Select the Wrap LP tab**

![](https://cdn-images-1.medium.com/max/600/1*3fnUDnmGUFokZehFWjyeuA.png)

Once the Router window is opened, click on the **Wrap LP** tab. You will see three different sections, displaying each of the former LP tokens. If your wallet holds any of these tokens, you will be able to click the **Wrap All** button. Confirm the transaction and give the interface up to a minute to catch up.&#x20;

Congrats, you have successfully converted your LP tokens to coreDAO Voucher LP. You are ready for the migration to coreDAO tokens which will have increased utility in the CORE ecosystem.&#x20;

**More information about the final redemption process to coreDAO tokens will be released at a later time.**


# How to buy $CORE

## **Step 1: Purchase Ethereum**

First you’ll need to purchase Ethereum from your favourite cryptocurrency exchange. You can purchase CORE with any amount of Ethereum, however make sure you do have enough to warrant the [**ETH GAS fees**](https://ethgasstation.info/)  for all your transactions.

## **Step 2 : Install** [**MetaMask**](https://metamask.io/)&#x20;

For this walkthrough we’ll use [**MetaMask**](https://metamask.io/)  — cvault.finance also supports WalletConnect.

Make sure to follow each step, write your secret phrase down and memorise your password. After this, you have successfully set up your MetaMask.

![](/files/-MLCtskHRBDSViCMtoh0)

You have to send your purchased Ethereum to your MetaMask wallet. You can find your Ethereum address by clicking on the MetaMask-Icon on the top right side of your browser. Now click on your address at the top of the MetaMask widget popup and it will copy it to your clipboard.

Go back to your cryptocurrency exchange account and send your Ethereum to your copied Ethereum address.

## **Step 3 : Gas Fees**

Before we start our swapping journey you should have an understanding of Gas fees and limits. If you experience any errors with transactions, try to increase your [**Gas Limits in Metamask**](https://metamask.zendesk.com/hc/en-us/articles/360015488771-How-to-Adjust-Gas-Price-and-Gas-Limit)

## **Step 4 : Connecting your wallet**

![](/files/-MLCujDsmRVMybUwCvCt)

Once you set up everything you need to go to the official Uniswap pool:\
&#x20;<https://uniswap.info/pair/0x32ce7e48debdccbfe0cd037cc89526e4382cb81b> and click on the “trade” button in the top right corner.

![](/files/-MLCuz08b3e9RXSCj-yB)

In the top right corner, click “Connect to Wallet”, MetaMask will now pop up and ask you to trust the site, you have to agree to all of it in order to continue.

## **Step 5: Swapping ETH for CORE**

![](/files/-MLCvSfSlWR-L99wH3gJ)

![](/files/-MLCvjmnNXoKdWdQCP2O)

Click the Swap button, MetaMask will popup asking you again to agree to the transaction. This is where you need to take a look at the [**current network fees**](https://ethgasstation.info/) and adjust them if necessary.

## **Step 7 : Changing Gas amount**

![](/files/-MLCw-EFsfCkvZOV-DxN)

You can change the amount of Gas by clicking the edit button next to Gas Fee and opening the advanced tab.

![](/files/-MLCwXcxs1_6vGt7T1OQ)

After adjusting the Gas fees you can click confirm. After a minute or so you will receive the transaction confirmation and the new balance of CORE will be visible on the [**Uniswap page**](https://app.uniswap.org/#/swap?inputCurrency=0x62359ed7505efc61ff1d56fef82158ccaffa23d7\&outputCurrency=ETH) and on cvault.finance in the Summary tab.

**Congratulations!**

You have successfully purchased $CORE.


# How to mint and stake CORE/ETH LP tokens

## **Step 1:** Connect your Web3 wallet

You can connect to our website through Metamask or WalletConnect.  For this walkthrough we’ll use [**Metamask**](https://metamask.io/) <br>

![](/files/-ML0F5ScZ8ApoKYQPEDN)

To connect your wallet to the website press the Metamask button and log into your wallet.

**Step 2:**&#x20;Open the **Router**
-------------------

![](/files/-ML0GF9vhlxf__k7_dVs)

Press the start menu in the bottom left of the website and click on Router.

## Step 3: Enter ETH

![](/files/-ML0GinaexnN17_tMFjU)

Enter the amount of Ethereum you would like to swap for LP tokens and click the "**SWAP ETH for LP"** button.

*An estimate of the amount of LP tokens swapped, as well as the gas cost is displayed for your convenience.&#x20;If you would like to immediately stake the LP tokens, you can check the box “**stake automatically**” and the router will take care of it.*

Wait until your transaction is confirmed and enjoy your **new LP tokens**.

## Step 4: Stake Your LP manually (optional)

![](/files/-ML4KE0G5A98aAaVlW1n)

If you did not choose to stake your LP automatically through the Liquidity Zap function, you may stake the tokens later by navigating to your wallet on cvault.finance and clicking the stake button. Afterwards choose the amount you would like to stake and confirm the transaction through MetaMask.


# How to wrap/unwrap your wBTC/cBTC

## **How to wrap your wBTC into cBTC**                                       &#x20;

## **Step 1: Connect your Web3 wallet**

You can connect to our website <https://cvault.finance/> through MetaMask or Walletcollect.

![](/files/-ML4i-4P79-lroloQRjc)

To connect your wallet to the website, press the Metamask button and log into your wallet. For this walkthrough we will use MetaMask.

![](/files/-ML4iEYuSa-_640MipBd)

## **Step 2: Open the Router**

![](/files/-ML4iMAu9bJeQznGDL8-)

Press the start menu in the bottom left of the website and click on **Router**.  A new window opens  named **Router.exe**. Click on the **Wrap** tab.

## **Step 3:  Approve and confirm the transaction**

![](/files/-ML4iTD9XIv_5cmUojWs)

First you must approve the coins by clicking the “**Approve**” button. Confirm the transaction through MetaMask.

## **Step 4: Wrap your token**

![](/files/-ML4iiyZMrPIMsZuDIhy)

After the transaction has been confimed the button will change to **Wrap**, click on this button to start the wrapping process.\
A new window opens. Select how much wBTC you want to wrap and click **Wrap.**

## **Step 5: Confirm the transaction**

![](/files/-ML4j-qqxldFCUWUMJ7M)

Confirm the transaction on MetaMask.

![](/files/-ML4jLvI1tJ5iaaOPNlg)

### Congrats you successfully wrapped wBTC to cBTC

## **HOW TO UNWRAP YOUR CBTC TO WBTC**

## **Step 1:** **Open the Router**

![](/files/-ML4jU0BfDChpuSLB-kY)

You can use the Router to unwrap your cBTC to wBTC.\
Open the **Router** through the start menu, bottom left. A new window opens named **Router.exe**. Click on the **Wrap** tab.

## **Step 2: Enter cBTC**

![](/files/-ML4oRzNsV2S8Qx8yMiy)

Select how much cBTC you want to unwrap and click the **Unwrap** butto&#x6E;**.**

## **Step 3: Confirm the transaction**

![](/files/-ML4jl8_z5GJdxT3G0Z3)

Confirm the transaction through MetaMask and wait for the transaction to be confirmed.

![](/files/-ML4joU0tJutSsOLoNCd)

### **Congrats you successfully unwrapped cBTC to wBTC**


# How to claim rewards from staked LP tokens

Currently cvault.finance has two Liquidity Pools:

* **CORE/WETH**
* **CORE/CBTC**

Users can farm rewards by staking Liquidity Pool Tokens on our platform. The following user guide explains all necessary steps to claim your rewards from staked LP Tokens.

##

### &#xD;**Step 1:** Connect your Web3 wallet

For this walkthrough we’ll use [**MetaMask**](https://metamask.io/)  — cvault.finance also supports WalletConnect.

![](/files/-MLs8wnwZkR32EaIZ4sF)

![](/files/-MLs92WwfXqJYk-4oEKu)

Connect your wallet by pressing the "**Connect Wallet**" button in the CORE.exe window.&#x20;

### **Step 2**: Open Farm tab

![](/files/-MLs9LIvrafcb9fsyxbi)

\
In the wallet.eth window open the "Farm" tab. It will display an overview of claimable rewards.

### **Step 3:** Claim Rewards&#x20;

![](/files/-MLs9Vjppghgz8aL6QIf)

Information regarding your wallet's LP tokens for each liquidity pool will be shown in this tab.

* **How many LP tokens are staked**
* **APY of the LP Token**
* **Claimable Rewards**

If your wallet has staked CORE/WETH LP tokens which generated rewards, a "**Claim**" button will appear. To receive your rewards press the button and confirm the transaction through your MetaMask. To claim rewards for the other LP tokens, just press the appropriate "**Claim**" button.

![](/files/-MLs9pKhHvmmp9nGCELr)

### **Congrats, you successfully** **claimed your rewards.**

##

You can access a variety of Pair & Token Information by clicking on "**More Info**"&#x20;

![](/files/-MLsABE54RBM5od9Jpgq)

![](/files/-MLsAE4Aq72jJNqZo6Oz)


# How to contribute tokens to LGE #3

![](/files/-MNGaGJoZ9jqEVLi0iYi)

### **CORE’s Final Liquidity Generation Event is now live.**&#x20;

For the next 7 days, contributors can deposit tokens and LP tokens (except CORE locked liquidity tokens) to the event. Each deposit is converted to CORE units. Upon completion of the event, participants can claim their new CORE LP tokens and stake them on cvault.finance to earn rewards.

*Tokens and LP tokens have to be approved before you can contribute them to the event.*

## **Step 1: Prepare your coins**

The Liquidity Generation Event smart contract accepts all tokens and LP tokens. In order to contribute them, you will have to send them to your **MetaMask** or a **Wallet Connect** supported wallet.

## **Step 2: Connect Your Wallet**

Head over to [**cvault.finance**](https://cvault.finance/) and connect your wallet by pressing the **“Connect Wallet button”**, choose Metamask or Wallet Connect and follow the instructions.

## **Step 3: Approve your Tokens**

![1. Copy Token Address, 2. Paste Token Address, 3. Click “Add Token” button, 4. Click “Approve” button](https://cdn-images-1.medium.com/max/800/1*R8YDii5CeOa2rQ-UVM-ORg.png)

If you choose to contribute tokens or LP tokens, you will have to approve them first. If the token you want to contribute is not displayed, just add it, by copy and pasting its address and pressing the “**Add Token**” button. Afterwards click the “**Approve**” Button and confirm the transaction.

## **Step 4: Contribute your Tokens**

![](https://cdn-images-1.medium.com/max/800/1*4kK5fuPMrWAlJWY3xi0Fbg.png)

Click the “**Contribute**” button to contribute your token to the Liquidity Generation Event and confirm the transaction.

## Don't be alarmed:

![](/files/-MNGiQhcQ5O4fLHOv-XD)

**Regarding Error:  Although one or more Error Occurred \[Reverted] Contract Execution Completed**\
Don't be alarmed about an orange notification on etherscan.io. Your transaction is still successful if you get an orange warning.

**Congratulations, you have successfully participated in CORE’s Last Liquidity Generation Event! The LGE will last 7 days, after it ends, you will be rewarded with CORE LP tokens which you can claim and then stake on our website to earn rewards!**


# How to enter the Fanny Zone

## **Step 1:** Connect your Web3 wallet

You can connect to our website through Metamask or WalletConnect.  For this walkthrough we’ll use [**Metamask**](https://metamask.io/) <br>

![](/files/-ML0F5ScZ8ApoKYQPEDN)

To connect your wallet to the website press the Metamask button and log into your wallet.

## Step 2: Enter Fanny Zone

![](/files/-MNlEr2ptF0ijT7gwiuO)

Click the icon labelled "**Enter FannyZone**" in the top left corner.

## Step 3: Use CORE Merch Network

![](/files/-MNlFEM2mLHNLbRIMs_9)

The CORE Merch Network window allows users to buy, sell and redeem FANNY tokens as well as stake CORE to earn FANNY.

Navigate through the different tabs to find a variety of options.

![](/files/-MNlGW7Mdb2tKn1pqiR8)


# CORE’s Bug Bounty Program

![](https://cdn-images-1.medium.com/max/800/1*AkIl0y_sm4-jcz1h1i3nYA.jpeg)

We call on our community and all bug bounty hunters to help identify bugs in our ecosystem. CORE recognizes the importance and value of security researchers’ efforts in helping keep our community safe. Our Bug Bounty Program rewards members of the community for helping us find and address significant bugs. Earn rewards for finding a vulnerability and get recognized on our leaderboard.

### **Rules:**

Responsible investigation and reporting include, but is not limited to, the following:

* Do not violate the privacy of other users, destroy data, or disrupt our services
* Do not target our physical security measures, or attempt to use social engineering, spam, distributed denial of service (DDOS) attacks, etc.
* Initially report the bug only to us and not to anyone else.
* Public disclosure of a vulnerability would make it ineligible for a reward
* Provide us a reasonable amount of time to fix a vulnerability prior to sharing details of the vulnerability with any other party
* Rewards will be decided on a case by case basis at the sole discretion of the CORE team.
* Issues that have already been submitted by another user or are already known to the CORE team are not eligible for bounty rewards

### **Bounty Scope**

The CORE Bug Bounty Program covers security issues identified in the following repository:

* <https://github.com/cVault-finance>

### **Vulnerabilities Classification**

CORE awards bounties based on severity of the vulnerability. The **severity** is determined by the **impact** and **exploitability** of a bug.

Impact describes the extend of a successful exploitation on CORE’s ecosystem. Exploitability describes the difficulty to perform the vulnerability. The Severity is a combination of the Impact & Exploitability. We use the Severity of a report to place the report into the appropriate tier.

Decisions on the eligibility and size of the reward are guided by the points below, but are, in the end, determined at the sole discretion of the CORE team.&#x20;

### **SEVERITY TIER:**

* **Critical:** up to $50,000
* **High:** up to $25,000
* **Medium:** up to $10,000
* **Low:** up to $2,000

![](https://cdn-images-1.medium.com/max/800/1*vkXKJqRln7V-TTl_py4hqg.png)

Every bounty is allocated points which accumulate over the course of the program. Based on total points, participants may be recognized in our Leaderboard.

### **Other considerations:**

In addition to our Severity tier, we consider also other variables when evaluating the eligibility and size of a bounty.

* **Quality of Description:** well-written and clearly structured reports receive higher rewards
* **Reproducibility:** Please describe your claim in as much details as possible. The easier it is for us to reproduce and verify the claim, the higher the reward
* **Suggestion of Fix:** We pay higher rewards to submissions with clear description of how to fix the issue.

### **Submission process:**

* Responsible disclosure can be made by emailing **<dev@cvault.finance>**
* Try to include as many details as possible about the vulnerability, potential impact, steps for reproducing it as well as possible fixes
* Please allow 2 days for us to respond before sending another email.


# Flash Arbitrage

CORE’s high level arbitrage suite consists of three contracts:

* **Arbitrage Executor**

The Arbitrage Executor is the brain of our Flash Arbitrage, it calculates scenarios and executes the trades. This contract is closed source.

* **Arbitrage Controller**&#x20;

The Arbitrage Controller is responsible for adding and storing all strategies. It calls the Arbitrage Executor and then splits the profits between the Caller and the CORE Buyer Contract. It vastly simplifies the interface to the Executor.

* **Core Buyer Contract**

This contract turns the arbitrage profits into CORE and transfers them directly to farmers.

> No input is required to run these contracts, the loan is created by using Uniswaps Flash Swaps. This means only your gas cost is at stake. While the contract isn’t guaranteeing gas returns, you can always query the amount returned.

## **Overview of the Arbitrage Controller functions:**

The creation of a new strategy emits an event which can be listened to and queried by.

```
    event StrategyAdded(string indexed name, uint256 indexed id, address[] pairs, bool feeOff, address indexed originator);

    struct Strategy {
        string strategyName;
        bool[] token0Out; // An array saying if token 0 should be out in this step
        address[] pairs; // Array of pair addresses
        uint256[] feeOnTransfers; //Array of fee on transfers 1% = 10
        bool cBTCSupport; // Should the algorithm check for cBTC and wrap/unwrap it
                          // Note not checking saves gas
        bool feeOff; // Allows for adding CORE strategies - where there is no fee on the executor
    }
```

The Arbitrage Controller is storing each strategy in a public array inside the smart contract. Each strategy has a name and an array of *token0out —* this is to support Uniswap so we know which way to conduct the trade in the Executor.

```
address[] pairs; // Array of pair addresses
```

This shows the array of pairs that the trade will be in.

```
uint256[] feeOnTransfers; //Array of fee on transfers 1% = 10
```

Strategies support **Fee on Transfer tokens** with fee on transfer array here. It allows people to input that this strategy has a fee on transfer, which signals the contract to calculate and execute the strategy correctly.

```
bool cBTCSupport;  // Should the algorithm check for cBTC and wrap/unwrap it                                
                   // Note not checking saves gas
```

cBTC support is determined by itself. You can not input it.

```
bool feeOff; // Allows for adding CORE strategies - where there is no fee on the executor
```

This allows for a FoT Off strategy. Adding strategies involving CORE and feeOff is not permitted by anyone. To avoid atypical scenarios with feeOff.

**Revenue split:** The revenue split between the Caller and CORE Buyer Contract is dependant on the strategy utilizing feeOff or feeOn.

![](https://cdn-images-1.medium.com/max/800/1*-cJl6Unf19dsWxbgcgejLQ.png)

Strategies that are outside of CORE reward the Caller with the majority of the profits. The ease of use and profit split encourages usage of the service. It is easier to add strategies to this contract and share the profits than having to create your own complex suite of contracts. All strategies, including new creations, are open source and can be used by everyone.&#x20;

## **Adding New Strategies**

Users can add new strategies as long as they are valid. To create a valid strategy one must input an array of pairs (comma separated list) which has a logically flow from each other.

![CORE pairs can not be added by the community. Only by CORE devs.](https://cdn-images-1.medium.com/max/800/1*V-fLGPlrWuLOy5ccUyNXlg.png)

This closes the loop by itself, no need to input CORE/wETH again since the last pair will be treated as a return pair. The controller detects if cBTC is used and sets the support automatically. It makes sure the Executor picks the correct branch to execute and save gas in case support for cBTC is not on.

```
function addNewStrategy(bool borrowToken0, address[] memory pairs) public returns (uint256 strategyID) {

        uint256[] memory feeOnTransfers = new uint256[](pairs.length);
        strategyID = addNewStrategyWithFeeOnTransferTokens(borrowToken0, pairs, feeOnTransfers);

}
```

**addNewStrategy** function is used for adding new strategies with no fee on transfers anywhere.

```
 function addNewStrategyWithFeeOnTransferTokens(bool borrowToken0, address[] memory pairs, uint256[] memory feeOnTransfers) public returns (uint256 strategyID)
```

**addNewStrategyWithFeeOnTransferTokens** supports fee on transfer input, to support fee on transfer tokens all over.

```
function numberOfStrategies() public view returns (uint256) {
        return strategies.length;
```

**numberOfStrategies** function returns the number of strategies (routes of arbitrage) inside the contract which everyone can easily scan in a loop.

```
    function strategyProfitInReturnToken(uint256 strategyID) public view returns (uint256 profit) {
        Strategy memory currentStrategy = strategies[strategyID];
        return executor.getStrategyProfitInReturnToken(currentStrategy.pairs, currentStrategy.feeOnTransfers, currentStrategy.token0Out);
    }
```

**Querying Profits from Strategies**. The executor has a view function which returns the queried profit if the strategy was executed at that exact moment.\
This function should be used to scan all outstanding strategies from the previous step and calling executions immediately.

## **Strategy Execution**

There are two paths that strategy execution can take:

1. Skip calculating Optimal Input
2. Calculate Optimal Input at the time of execution

Number 1 is meant for miners, which know the optimal input without calculating it on chain.&#x20;

```
function executeStrategy(uint256 strategyPID) public {
        require(!depreciated, "This Contract is depreciated");
        Strategy memory currentStrategy = strategies[strategyPID];

        executor.executeStrategy(currentStrategy.pairs, currentStrategy.feeOnTransfers, currentStrategy.token0Out, currentStrategy.cBTCSupport);


        // Eg. Token 0 was out so profit token is token 1
        address profitToken = currentStrategy.token0Out[0] ? 
            IUniswapV2Pair(currentStrategy.pairs[0]).token1() 
                : 
            IUniswapV2Pair(currentStrategy.pairs[0]).token0();


        uint256 profit = IERC20(profitToken).balanceOf(address(this));

        // We split the profit based on the strategy
        if(currentStrategy.feeOff) {
            safeTransfer(profitToken, msg.sender, profit.mul(revenueSplitFeeOffStrategy).div(1000));
        }
        else {
            safeTransfer(profitToken, msg.sender, profit.mul(revenueSplitFeeOnStrategy).div(1000));
        }

        safeTransfer(profitToken, distributor, IERC20(profitToken).balanceOf(address(this)));

    }
```

Self calculating execution just requires strategy PID. Strategies that do not automatically calculate amount input, meant for miners.

### **Adding Optimal Input:**

```
    function getOptimalInput(uint256 strategyPID) public view returns (uint256) {
        Strategy memory currentStrategy = strategies[strategyPID];
        return executor.getOptimalInput(currentStrategy.pairs, currentStrategy.feeOnTransfers, currentStrategy.token0Out);
    }
```

A view that returns the optimal input amount, which should be inputted in the execution function below:

```
function executeStrategy(uint256 inputAmount, uint256 strategyPID) public {
```

Both execution strategy functions ensure you get promised profit and non-opaque split numbers.&#x20;

The Flash Arbitrage executor does not hold any tokens, it only swaps them, picking the best path that will lower the gas used as much as possible as well as not writing any balances in its memory to save additional gas costs.

### **CORE Buyer Contract**

This contract receives tokens, either from the **Arbitrage Controller,** or any other source in general and sells them for CORE.

If a CORE pair exists for the received token, it will sell it directly to CORE. In case of not having a token pair with CORE, the contract will sell the token for Ethereum and then buy CORE in the CORE/WETH pool immediately. All CORE will be distributed to farmers.

```
function buyAndGiveOutCOREForToken(address _token) public {
        
        // We check if this token is CORE token if it is we just send it out
        if(_token == address(CORE)) {
            // return breaks out no need to else..else..
            return sendCOREToVault();
        }
        uint256 balInputToken =  IERC20(_token).balanceOf(address(this));

        address pairWithCORE = uniswapFactory.getPair(_token, address(CORE));
        // We check if there is a pair for CORE token with that token
        if(pairWithCORE != address(0) && supportedPair[pairWithCORE]){ // we check supported pair so people don't make 1 liquidity pair iwth CORE
            // It mens we have a pair with CORE
            // So we should just swap with it
            //Suport FoT tokens

            uint256 amountOut = swapSupportingFeeOnTransfertokens(_token, pairWithCORE, balInputToken);
            emit COREBought(amountOut);
            return sendCOREToVault();
        }
        
        // This is the case we are not finding a pair with CORE so we try to find one with wETH
        address pairWithWETH = uniswapFactory.getPair(_token, wETH);
        if(pairWithWETH != address(0)) {
            uint256 amountOut = swapSupportingFeeOnTransfertokens(_token, pairWithWETH, balInputToken);
            
            amountOut = swapSupportingFeeOnTransfertokens(wETH, CORExWETHPair, amountOut);
            emit COREBought(amountOut);
            sendCOREToVault();
        }
        else {
            revert("FA COREBuyer : Unsupported token");
        }




    }
```

Anyone can call this function by inserting an address for the token. This will automatically conduct a swap and distribute the token to LP stakers.


