Thread by @AdamHODL

So, lets start with why I like $CVT.

Bit of a degen play, yeah you're not wrong but I respect and like what they are trying to build

Writeup below on why I am a fan of the project, and hope everyone in presale or listing got in on my call

5X up already boys, LFG

👇

1/9

Right, so what is the project?

Civitas Protocol is a community-driven project governed by CVT, an ERC20 token, that when transacted applies a 2% absorption to each transaction.

Lemme explain a bit more what that means

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2/9

Basically, there is a 2% tax on each tx; buys and sales. This goes to the governance wallet. These funds raised, which accumulate with volume is used via community voting

This could include

- Token burns
- Marketing
- Raffles / Giveaways
- Staking rewards

ETC

Get it?

👇

3/9

What I like most developer is trying to build a community, for the people and not personal gain. This could have unlimited use cases and with time the token will become more and more valuable

IMO, the first funds in the gov wallet should be used on getting audited

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4/9

I know a lot of my smart apes brought presale and are already 5x up, and you guys deserve it; but yes I do see a lot more potential.

Lemme break it down:

Current Price - $435
Total Supply - 4,000
Holders - 392
Total liquidity - $448,206.20
Daily volume - $2,247,378.79

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5/9

ALREADY, through volume alone the governance wallet has accumulated 221 $CVT, which is equivalent to 71 $ETH within 7 hours of trading. Its insane.

AND ALL OF THAT WILL BE RE-INVESTED INTO THE COMMUNITY BASED ON COMMUNITY VOTE

as explained above :>

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6/9

With that kinda money, through just tax a hell of a lot could be done to benefit the community, get exposure on the project, develop the project more, token burns, have enough liquidity for future exchanges etc.

The use cases are endless, but is heavily dependent on volume

7/9

But yeah, more of a degen play of mine but one I am a fan of and do see a lot of potential.

As always, I would advising doing some research prior to aping; and am hoping it was all my followers that benefited from the presale <3

I'll drop some socials below

👇

8/9

Some socials to do some reading

Twitter - @CivitasProtocol

Telegram - t.me/CivitasProtocol

Website - civitas-protocol.io

Contract - etherscan.io/token/0x889300…

Governance Wallet - 0x9240C0E888C78579c9673f533F8383070142A084

Litepaper - civitas-protocol.io/litepaper/

/end/

ACTUALLY, not the end.

Congratulations on the launch @CivitasProtocol team, and hope to see more of the same.

IMO, the funds should be used as followed in this order, but its down to the community

> Audit report
> Token Burn
> Marketing
> Web development / Giveaway