For a limited time, users can convert vePEARL into CAVIAR for a static 5% fee, capped at 4,000,000 vePEARL.
20% of bribes will be converted into $USDC and sent to TNGB 3,3+ holders.
TNGBL distribution is on a weekly cadence. At the end of each epoch on Pearl, CVR claims owed to the vePEARL backing. After that collect, the TNGBL distribution is carved out, converted to USDC and distributed to the TNGBL 3,3+ holders.