CVT (Community Value Token)

CVT is one of two groundbreaking assets introduced to enhance SOEX tokenomics and create a more efficient revenue-generating system centered around social interactions.

Essentially a next-gen NFT, CVT is an on-chain community certificate on SOEX, with functions like SNS, SBT, and TVL. It's a value-bearing asset and, at the same time, an on-chain community where HVT is deployed. Minting CVT starts the contract release of $SOEX tokens and entitles the minter to 20% airdrop rewards (4% by airdrop on the spot and 16% released linearly over 58 days). The amount of $SOEX tokens released when CVT is minted is initially 100,000, but then it decreases over time, as illustrated below.

SOEX addresses the liquidity challenge of NFTs by introducing CVT—an asset that goes beyond traditional NFTs. CVT is a value-bearing asset for the on-chain community, including its TVL. Unlike NFTs that primarily circulate in secondary markets with prices driven by supply and demand, CVTs function as asset accounts managed by smart contracts. They accumulate value through minting airdrops, fees, and staking rewards, all bundled into a transferable asset collection.