EXCAVO PROTOCOL
IS THE AUTOMATED MARKET MAKER (AMM) BASED ON A CONSTANT PRODUCT
FORMULA FOR INVENTORY MANAGEMENT SPECIALLY BUILT FOR
PROFESSIONAL TRADERS
Innovative Emission Model
Max supply of CAVO tokens equals 1 000 000
CAVO
Tokens are issued within 36
months in the following procedure: 1st month - x tokens, 2d-2x,
3d-3x, … 36 - 36x. During the first month since the start of
smart contract, we will issue 1501,1 tokens in Ethereum on
average approximately 195 000 blocks are mined per month.
Therefore, emission will be 0,0077 CAVO per block
Token Price Protection Model
CAVO tokens are minted only if in each block X
+6500 (where X is smart contract block number) Price (current)
> P (protected)
P (current) = current price CAVO token
in CAVO/ETH pool
P (protected) = Number (current block) -
(number of smart contact block)/6500 * 0.003
Base commission =0,4%
Your commission = k*(base commission)
if you hold
1-5 tokens k=0.9
5-10 tokens k=0.8
10-20
tokens k=0,7
20-50 tokens k =0,6
50-100 tokens
k=0,5
>100 tokens k=0,4
Decreasing Exchange Comission Model