Kriptoks

GOVI is a decentralized cryptocurrency platform that provides users with protection against market volatility and losses. Formerly known as the Crypto Volatility Index (CVI), GOVI is a full-scale platform that brings the popular and sophisticated market fear index to the crypto market. It aims to provide users with the most reliable DeFi tool for analyzing volatility, hedging portfolios, and earning liquidity provider fees.

Innovation and decentralization are at the heart of GOVI's mission, and it strives to be stable, transparent, informative, and reliable in providing cryptocurrency volatility information. The market fear index tracks the 30-day implied volatility of Bitcoin and Ethereum and ranges from 0 to 200, produced by a Black-Scholes option pricing model that computes the implied volatility of cryptocurrency option prices. This analysis provides insights into the market's expectation of future volatility. Users can trade the CVI index, earn liquidity provider fees, and stake their LP tokens for GOVI tokens.

GOVI tokens are ERC-20-based governance tokens that enable users to participate in platform governance. Users who stake their GOVI tokens on the platform share in the platform's fees, and GOVI holders may also receive a share of the collected fees. They can vote for tradable assets, leverage used, deposit amounts, and other governance matters.

By staking GOVI tokens on the CVI platform, users receive xGOVI tokens, which represent a share of the platform's staking pool. xGOVI tokens come with an auto-compounding feature, meaning users need not claim and re-stake GOVI rewards regularly to increase their rewards. This feature saves the community time and network fees, and GOVI stakers can have their GOVI rewards automatically compounded within the CVI platform, benefitting the project's long-term supporters.

The GOVI token has a total supply of 32 million tokens, and the core team members of the ecosystem include Dr. Nir Haloani, Anton Suslonov, Yoni Neeman, and Tomer Armarnik. With the team's expertise and the platform's innovative features, GOVI is poised to become a leading DeFi tool for analyzing volatility, hedging portfolios, and earning liquidity provider fees.