Clock 24 Protocol
Introduction
Cryptocurrency has been diversified to generate income for enthusiasts and all looking to be a part of the crypto world. The various means of earning money or crypto assets range from mining, investing, holding, lending, etc. Staking is an additional means whereby individuals get to benefit from cryptocurrency. Over time, the launch of auto-staking platforms was introduced to aid users against manual methods of staking. This innovation brought about the creation of Clock 24. Although clock 24 is an auto-staking protocol like others which guarantees fixed APYs that are higher than others, it is different as it ensures the safety of every holder on its protocol system.
Features
An automatic Compounding system- This compounding system allows rewards to be gathered automatically in the wallet daily at a 10 minutes interval, especially for BSC wallets that hold the $C24 (dollar) token. The set APY in Clock 24 is 1,284,615.72%.
An Insurance Fund- The Clock 24 insurance fund (CIF) serves to attain a stable price of tokens and boosts the project's sustenance for long durations. This sustainability is achieved by being consistent with the 0.018% rebasing to all holders of $C24.
A Treasury- The Clock 24 treasury gives support to a system known as XIF in situations when a great drop in price is experienced in the C24 tokens. Other functions of the Clock 24 treasury include; marketing, funding new projects introduced in Clock 24, and investments. 2% of Clock 24purchases including 8% sales goes into the treasury directly providing support to the RFV.
A Fire Pit- This is a place where a percentage of traded C24 tokens are burnt particularly 2.5% The higher the trades, the higher the number of burns which increases the fire pit. Hence, this process results in a reduction of clock 24 token circulations and aids in the protocol's stability.
A Safety System for Holders- The CIF; Clock 24 insurance fund gets a 5% trading commission to assist in sustaining and supporting staking benefits granted by positive rebasing. Holders are kept safe in Clock 24 through the following means:
Maintaining stability in token price by preventing flash crashing
Attaining sustainability for a long duration as well as Safuu protocol growth advancement
Reducing the risk of downside tremendously.
How Clock 24 Rewarding Operates
The clock 24 is an automatic staking system. This implies that every process required for staking and compounding rewards is carried out by the protocol automatically. The instrument for rewarding is known as the Auto Staking . When your C24 tokens are held in a wallet, you will receive your reward after Epoch occurs in your wallet. An Epoch is a rate by which a reward is distributed to Clock 24 token holders. In Clock 24, the Epoch is 10 minutes.
Conclusion
Clock 24 is a protocol that aims to transform the Decentralized Finance system through its auto-staking instrument protocol. With auto-staking, C24 holders can earn up to $1000 in USD of their C24 tokens by simply buying the tokens and holding them to earn. Individuals can grow their portfolios in their wallets rapidly.
USEFUL LINKS
Website: https://cx24.io/
Telegram: https://t.me/clockx24
Twitter: https://twitter.com/clockx24
Facebook: https://www.facebook.com/Clockx24
Reddit: https://www.reddit.com/user/clockx24
Instagram: https://www.instagram.com/clockx24/
Discord: https://discord.gg/yw2DKwEc2D
Medium: https://medium.com/@clockx24
Github: https://github.com/clockx24
AUTHORS DETAILS
Bitcointalk Username: Bonex87
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2193622
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