STARTER INFORMATION
Despite the insurgence of coronavirus, with strict capital controls in place by most countries to control the flow of money and charge high taxes, cryptocurrency gained usage in circumventing capital controls and taxes, leading to an increase in demand. Cryptocurrency has been able to present an easy to use digital alternative to fiat currencies. Offering frictionless transactions and inflation control, investors have been prudent enough to add these currencies in their diversified portfolios as an asset, as the size of the market does not represent a systemic risk. Cryptocurrency employs the use of cryptography that assures high-security processes and verifies transactions personal to each user. Hence, counterfeiting and anonymous transactions are impossible to achieve.
While this revolution is gaining wide acceptance, CLEVER is a DEFI Decentralized Finance protocol with its value derived from its Decentralized Distribution Mechanism which is embedded within the smart contract itself.
"To say blockchain is a fast growing technology is an understatement — it’s actually the fastest growing innovation right now. For the most part, blockchain has disrupted quite a number of sectors chiefly payments and financial institutions. Of course, the biggest draw of this technology is its ability to offer efficiency and unmatched transparency; both of which are lacking in most of our traditional systems. What’s more, being able to transact with other users in a trustless and secure manner is huge.
That said, one can only imagine how blockchain technology can revolutionize social media. Or better still, how it can transform our existing chat applications. Today, it’s no longer news that everyone has a presence on social messaging sites. And of course, we will definitely love to have platforms that ensure maximum safety and security without sacrificing functionality."
With that being said, CLEVER is deployed on the Ethereum network as an ERC20 Smart Contract written in Solidity with the DDM structure purely defined and hard coded into the smart contract itself that cannot be changed after it has been deployed.
But before we go any further, please check out this video presentation to get even more acquainted
Now that I have your attention, let’s get right to it.
What exactly is CLEVER?
As depicted above and as indicated on the official website of CLEVER, CLEVER is a decentralized platform that aims to create an innovative ecosystem that offers unique income opportunities for everyone. CLEVER leverages blockchain technology to develop a system that achieves an automatic interest cycle for investors. It guarantees up to 11% of the compound interest paid fortnightly to all CLVA token holders with automatic payments. You can think of CLEVER as a digital smart way to save your profits. This provides significantly more interest than some overvalued banking systems.
CLEVER DeFi is built on the Ethereum Network and offers a unique smart contract that implements the Decentralized Distribution Mechanism (DDM). DDM is programmed to run a routine cycle that pays interest to CLVA token holders every two weeks for 888 cycles. On each new 14 day cycle the DDM (Decentralized Distribution Mechanism) is triggered by calling a predefined Cycle Schedule to automatically print and deliver the allocated CLVA amount to beneficiaries thereby increasing the market capitalization and individual CLVA value.
This mechanism guarantees the value of CLVA tokens and is responsible for distributing interest payments to investors holding CLVA tokens. Because it is implemented directly on the Ethereum blockchain, DDM cannot be modified or changed once it is launched. This means that all token holders will be paid interest every 14 days for a duration of 888 cycles which will take approximately 34.15 years to complete.
About The Features
Automatic Payments
All that Happens On-Chain with No Requirement for User Intervention
Each Wallet Earns
Up to 11% Paid Fortnightly Guaranteed with interest to CLVA Token Holders
888 Fortnightly Cycles
Like clockwork Like Regular Clockwork Distribution of Newly Minted CLVA is Awarded
Safe and Secure
Astute may be a DEFI convention with an Automatic Cycle Schedule hardcoded into the Smart Contract itself
Verified & Audited
Keen Contract completely confirmed and CLEVER Protocol examined by BlockHunters
ZERO Initial Supply
Each CLVA requires printing by a client and intrinsically the CLEVER DEFI Team claims no stockpile
Broad Features
Clever will ensure that all participants will get rewards according to their participation. Clever designs an automated payment system that makes everything happen On-Chain with no requirement of user intervention or anything - everything will be processed automatically by the system.
Each wallet will get up to 11% paid fortnightly guaranteed with compound interest, meaning you don't have to worry about your share, because of Clever guarantees that each token holder will get their share according to their participation. Even with each new 14-day cycle, the system will trigger a decentralized distribution mechanism that will print and deliver CLVA to beneficiaries, which will increase the individual CLVA value and CLVA market capitalization.
Users don't need to worry about the security and transparency of Clever, because of Clever guarantees that Clever is a safe and secure DeFi protocol with an automatic cycle schedule hardcoded into the smart contract itself. And it is fully verified and audited by BlockHunters, which further ensures that Clever's DeFi protocols are completely safe and free of manipulation.
How It Works?
No Contract, Terms or Staking Needed
Your CLVA will NEVER be entered into any term contract or staking period whatsoever. Whoever support this project is definitely will receive a lots of benefits from the ecosystem.
No Penalties Forever
Buying or selling clva tokens is getting more popular each and everyday. There is high probability that the project will become a market leader with the great team work.
No Lock-In's or Restrictions
Users are always having FREEDOM to move or send CLVA anywhere within cycles. Users have a complete control on their assets.
Free Market Conditions
Clever just launched the first exchanges, a few days ago. It is being developed with progress gradually according to roadmap. CLEVER is aiming to be 100% Pure DeFi Protocol, so from Day 1 we separate greed completely from issuing any free CLVA to ourselves VS other Cryptocurrency teams whom have a personal agenda to sell their own tokens on the market to unsuspecting buyers.
The Tokenomics
CLEVER DeFi has well-defined tokenomics that do not promise unrealistic returns for holding its original CLVA tokens. This is important because the DeFi sector is full of projects that have bad tokenomics that hinder the long-term growth of these projects.
CLEVER Decentralized Dynamic Mechanism (DDM) is programmed to generate a total of 1 trillion CLVA tokens over 888 cycles. In addition, the rewards issued by CLEVER's smart contracts reduce each cycle and are designed to reduce inflation.
CLEVER DeFi also enforces a zero supply rule, and the development team does not own the CLVA token. This is a good measure as there have been cases in the DeFi sector where the founders ordered pre-printed tokens and threw them away after launch which led to falling prices.
Instead of creating tokens beforehand, the CLEVER DeFi team will receive 0.1% of the CLVA tokens printed per cycle. These rewards will be used for development purposes and represent a fraction of the tokens that are printed per cycle.
Token Details
Token Name: CLEVER
Ticker: CLVA
Initial Supply: 0
Maximum Supply: 1 Trillion
Disclaimer: This article was published in terms of the bounty campaign. I am not a project team member or its representative but a supporter of this incredible project.
Be a part of this incredible project. Download the whitepaper for the full scoop.
Till next time…
For more information, please visit:
Website: https://clva.com/
Whitepaper: https://clva.com/Whitepaper.pdf
Facebook: https://www.facebook.com/cleverdefi
Telegram: https://t.me/cleverdefi
Twitter: https://twitter.com/cleverdefi
YouTube: https://www.youtube.com/c/CLEVERDEFI
LinkedIn: https://linkedin.com/company/cleverdefi
Author:
Bitcointalk Username:lethingocthuy686868
Bitcointalk profile URL: https://bitcointalk.org/index.php?action=profile;u=2017740
Telegram: @hubert2002
ETH: 0x282637C2fc34b86DF9CF26b42A533d5e93Abb703
