Question 1

What is CARV?

Accepted Answer

CARV is the utility token of the CARV ecosystem, connecting AI agents, digital identity, data collaboration, and the usage, governance, and incentive arrangements of CARV SVM Chain. It is not company equity, but a token that can be used, paid, or used for governance participation in network and ecosystem services. Infrastructure such as SVM Chain provides an execution environment, while CARV performs coordination functions such as fees, service payments, governance, and incentives according to ecosystem rules; whether specific functions are available depends on the chain or application being used.

Question 2

What practical uses does CARV have?

Accepted Answer

CARV can be used to pay network computation fees on CARV SVM Chain and, in ecosystem-supported scenarios, to pay for services or digital assets. Network fees correspond to resources consumed in executing on-chain transactions or computation; the amount users ultimately pay varies according to the rules of the chain and application invoked. Not all CARV applications provide services at the same price, with the same functions, or through the same settlement method. Before use, confirm whether the target application supports CARV payments, which network it is on, and the actual fee displayed for that operation.

Question 3

Can holding CARV allow participation in governance?

Accepted Answer

Yes, but CARV governance participation is primarily implemented through veCARV. Holders must first convert CARV into veCARV according to the rules, after which they can use veCARV to vote on protocol matters or delegate voting power to others. Holding CARV and already having directly exercisable governance voting rights are not the same state: conversion is a prerequisite for entering the governance mechanism, while voting or delegation is the subsequent step in using that governance right.

Question 4

What is veCARV?

Accepted Answer

veCARV is vote-escrowed CARV, converted from CARV at 1:1, and veCARV is non-transferable. It is used for governance voting, vote delegation, and can also support incentive mechanisms for network node operators. 1:1 describes the corresponding nominal quantity relationship at conversion; it does not mean veCARV and freely transferable CARV are the same in liquidity or method of use. After conversion, the tokens enter a non-transferable governance-credential state.

Question 5

What is CARV's total supply?

Accepted Answer

CARV has a total supply of 1 billion tokens. Official distribution materials provide for it to become progressively available over four years from the token generation event, so total supply describes the cap and does not mean all tokens are usable or in the market at a given time. Tokens in different categories are released according to their respective arrangements; to analyze the tradable supply at a particular point in time, it is also necessary to examine the unlock progress of the relevant categories rather than infer immediate circulating supply solely from the 1 billion total.

Question 6

How is CARV allocated?

Accepted Answer

In the official initial four-year allocation, nodes and community account for 50%, team and advisors account for 19.459%, and ecosystem and treasury account for 9%; the remainder is allocated to early investors, private financing, and liquidity. This structure shows that different participants correspond to different token pools, rather than all allocations being freely usable at the same time. Each category becomes available progressively according to its applicable arrangement. Allocation percentages answer how tokens are assigned and their intended uses; the quantity actually available to the market also depends on the unlock or availability stage completed for each category at that time.

Question 7

Is holding CARV equivalent to owning equity in the project?

Accepted Answer

No. The official white paper defines CARV as a utility token: it can be used for ecosystem service access, governance, and network incentives, but does not grant holders ownership of the CARV project or rights to profit or revenue distributions. A token's utility rights or governance participation rights must not be interpreted as shareholder rights; holders should not confuse CARV's functional uses with company shares, dividends, or claims on project profits.

Question 8

What is the relationship between CARV and CARV SVM Chain?

Accepted Answer

CARV SVM Chain is an on-chain execution environment for AI agents. CARV documentation describes it as infrastructure combining Solana Virtual Machine processing capabilities with Ethereum finality. In this environment, CARV can serve purposes related to network computation fees and ecosystem coordination. The chain's execution capability and the token's role should be understood separately: SVM Chain carries and processes on-chain operations, while whether CARV is used for the fee or service payment of a particular operation is determined by network and application rules.

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