CLEVER DeFi (CLVA): A Unique Platform That Offers Guaranteed Interest to Token Holders

2020-12-16 10:59

The mindset that saving money in the bank is the optimal way of achieving financial freedom has been proven wrong in recent times. Banks offer little interest rates and most times money saved in the bank depreciates over a period of time. Also, traditional stocks and ETFs that are seen as better investment opportunities offer less than 10% interest on investment yearly. CLEVER DeFi offers a unique solution to investors by creating a decentralized platform that guarantees fortnightly interest without the strict contract terms associated with conventional savings and investments..

What is CLEVER DeFi?

CLEVER is a decentralized platform that aims to create an innovative ecosystem that offers unique earning opportunities for everyone. CLEVER leverages blockchain technology to develop a system that achieves automated interest cycles for investors.

How Does CLEVER Work?

CLEVER DeFi is built on the Ethereum Network and offers a unique smart contract that deploys a Decentralized Distribution Mechanism (DDM). The DDM is programmed to run a routine cycle that pays interests to CLVA token holders fortnightly for 888 cycles.

Upon each new 14-day cycle the DDM (Decentralized Distribution Mechanism) is triggered calling the preset Cycle Schedule to automatically mint and award allocated amounts of CLVA to beneficiaries thereby increasing market capitalization and individual worth of CLVA.

This mechanism guarantees the value of the CLVA token and is responsible for distributing interest payments to investors that hold CLVA token. Since it is deployed directly on the Ethereum blockchain, the DDM cannot be modified or changed after its launch.

This means that all token holders will be paid interest every 14 days throughout the duration of the 888 cycles which would take about 34.15 years to be completed.

Compound Interest Earnings Opportunities

One of the core features of CLEVER DeFi is the opportunity to earn compound interests while holding CLVA tokens. According to the tokenomics of the project, CLVA holders that hold their tokens for a year will be able to reap up to 307% interest on their portfolio at the end of the year.

This is impressive when you compare with other yield farming protocols in the DeFi sector and places CLEVER DeFi among the top on the list. Also users that do not want to hold their CLEVER tokens for long periods of time can also make decent interests on their tokens.

CLEVER DeFi estimates that within a ten year period the average annual interest yield for token holders will be 80%. This is far beyond other financial assets including top assets like ETFs and Bitcoin which yielded less than 15% within a 10 year period. Thus investors are able to reap better returns holding CLVA tokens when compared to other conventional financial assets.

Impressive Tokenomics

CLEVER DeFi has well-defined tokenomics that does not promise unrealistic returns for holding its native token CLVA. This is important because the DeFi sector is rife with projects that have shoddy tokenomics which hampers the long-term growth of these projects.

CLEVER Decentralized Dynamic Mechanism (DDM) is programmed to produce a total of 1trillion CLVA tokens over the 888 cycles. In addition, the rewards issued by the CLEVER smart contract reduces every cycle and is designed to mitigate against inflation.

CLEVER DeFi also implements a zero supply rule, and the development team owns zero CLVA tokens. This is a good measure as there have been cases within the DeFi sector whereby founders pre-mint tokens and dump them after launch leading to a crash in price.

Instead of pre-minting tokens, the CLEVER DeFi team will receive 0.1% of CLVA tokens minted per cycle. This reward would be used for developmental purposes and represents a fraction of the tokens minted per cycle.

Truly Decentralized

CLEVER DeFi offers complete decentralized services where users are in complete control of their funds. There are no obligatory contract terms and users are not required to enter a staking period before earning interests. This ensures that there is the freedom to move CLVA tokens without penalties and lock-in restrictions.

CLEVER Defi hits the nail on the head with its DeFi services. There are no unrealistic promises and bogus tokenomics. The DeFi platform has done well to integrate a system that offers interests based on routine cycles. Therefore CLEVER DeFi is a novel way to hold tokens and earn guaranteed returns.

The post CLEVER DeFi (CLVA): A Unique Platform That Offers Guaranteed Interest to Token Holders appeared first on BeInCrypto.

origin »

Bitcoin price in Telegram @btc_price_every_hour

Time New Bank (TNB) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.01 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Цена в час новости $ 0.0020147 (-100%)

bank times money interest recent proven wrong

bank times → Результатов: 126


СМИ: Индийские банки вновь начали обслуживать криптотрейдеров

Крупнейшие банковские учреждения Индии вновь начали обслуживать счета, принадлежащие криптовалютным биржам и трейдерам. Об этом сообщила газета The Economic Times, сославшись на свои источники. По ее данным, криптотрейдеров начали обслуживать такие банки, как ICICI Bank, HDFC Bank и Yes Bank.

2020-12-11 19:03


СМИ: банки Индии возобновили обслуживание биткоин-бирж

Ведущие банки Индии возобновили работу с криптовалютными биржами и трейдерами. Об этом пишет The Economic Times со ссылкой на источники. По их словам, государственный State Bank of India, ICICI Bank, HDFC Bank и Yes Bank разрешают клиентам использовать счета для операций с цифровыми активами.

2020-12-11 16:40


Ripple to Invest In Its SBI Holdings Joint Venture, MoneyTap, A Blockchain-Based Payment System

In an announcement, Ripple Inc. confirmed its investment in MoneyTap, a joint venture between the San-Francisco blockchain payments provider and Japan’s bank, SBI Holdings. The investment aims to enhance payments across blockchains, reduce the high costs, and process times of international remittances through MoneyTap.

2020-10-30 16:16


Фото:

Online Premier Gaming Operator, Pnxbet, Introduces Instant Crypto Deposit and Withdrawal

Through a press release on June 22, online casino and sportsbook, Pnxbet, announced the introduction of instant crypto deposit and also withdrawals for its users. “The new Pnxbet website transaction times now enables the instant deposit and withdrawal of all supported cryptocurrencies, and faster transaction times for fiat bank transfers,” states the press release. It […]

2020-6-23 10:23


China Moves Closer to Issuing its Digital Currency in the Face of Coronavirus: Report

The People's Bank of China is getting nearer to releasing its digital currency, reports The Global Times. According to the latest report, China’s central bank in collaboration with private companies has completed the development of the basic function of the autonomous digital currency and is now drafting laws for its circulation. Many companies in the […]

2020-3-24 18:23


Фото:

OakNorth Bank был признан самой быстрорастущей компанией Европы

Британский банк для малого и среднего бизнеса OakNorth Bank стал самой быстрорастущей компанией Европы по объему выручки по версии газеты Financial Times. Рейтинг был составлен на основе данных о росте выручки в период с 2015 по 2018 годы, предоставленных исследовательской компанией Statista.

2020-3-4 16:31


Фото:

A Russian billionaire is getting into cryptocurrency, but not in the way that you would expect

Vladimir Potanin, one of the richest individuals in Russia and the CEO of metal conglomerate Norilsk Nickel, received approval from the Central Bank of Russia to operate a cryptocurrency. A central bank-approved cryptocurrency According to The Moscow Times, Potanin stated that the central bank has given the company the approval it needs to operate the […] The post A Russian billionaire is getting into cryptocurrency, but not in the way that you would expect appeared first on CryptoSlate.

2020-3-1 22:14


Brilliant Brexit Plan: Public Holiday & Bitcoin While UK Economy Shrank for the First Time in 7 years

Michael Gove, the Chancellor of the Duchy of Lancaster and the person in charge of no-deal preparations said the government is considering the idea of holding a bank holding on November 1. Amidst the concern regarding that a no-deal Brexit would cause turmoil on the financial markets, Gove told The Times, “I don’t know if […]

2019-8-9 21:04


Фото:

China and India Are not Comfortable with Libra, Need More Information and Clarity

China and India combined comprise nearly 35 percent of the world population. Bloomberg reported that the People’s Bank of China (PBOC) wants Facebook to reveal more information about Libra while Economic Times noted that the Indian Secretary of Economic Affairs believes the country is not comfortable with private currencies, July 9, 2019.

2019-7-10 11:00


Фото:

Laos Central Bank Wary of Cryptocurrencies’ Use in Money Laundering

The central bank of Laos has warned commercial banks, financial institutions, and investors not to buy, sell or use cryptocurrencies, reports local media outlet Vientiane Times, May 21, 2019. Laos Does Not Want Cryptocurrencies Laos’ central bank, the Bank of the Lao People’s Democratic Republic (PDR), has cautioned financial market players against digital currency transactionsRead MoreRead More.

2019-5-22 18:00


Фото:

Myanmar’s Central Bank Wary of Volatile Cryptocurrencies; Cautions Investors to Not Trade

According to a report by The Myanmar Times, published May 20, 2019, the Central Bank of Myanmar (CBM) has warned investors against trading in cryptocurrencies due to their volatile nature. The Burmese Apex Bank Issues an Anti-Crypto Warning Aiming to safeguard novice investors from the volatile nature of digital currencies, the CBM earlier has issuedRead MoreRead More.

2019-5-21 13:00


Фото:

Australian ‘influencer’ Belle Gibson faked cancer and used profits to trade cryptocurrency

Authorities are investigating an Australian social media influencer‘s bank accounts after she defrauded her followers with fake cancer claims and used the money to trade cryptocurrency. Annabelle “Belle” Gibson has been systematically lying to her followers and using her company’s profits to trade cryptocurrencies, futures, and place sports bets, the Canberra Times reports.

2019-5-14 12:36


Фото:

Indian Government Mulling Blanket Ban on Cryptocurrencies

The government of India has drafted a bill to completely ban cryptocurrencies and regulate official digital currencies, reports The Economic Times, April 26, 2019. Things Go from Bad to Worse Since its inception, the growth of the Indian cryptocurrency ecosystem has been continually stalled due to government and Reserve Bank of India (RBI) diktats.

2019-4-26 19:00


IMF Spring Meeting on “Money and Payments in the Digital Age” Says Crypto Payments Inevitable

According to a recent report by the Financial Times, the International Monetary Fund (IMF) and the World Bank are launching their own permission blockchain and a token called “learning coin.” The purpose of these tools will be to study the application of blockchain and cryptocurrency technology. As the report pointed out, the coin was developed […]

2019-4-24 19:20


JPMorgan расширит возможности собственной межбанковской информационной блокчейн-системы

Глава клирингового подразделения финансового холдинга JPMorgan&Chase Джон Хантер заявил, что функциональность системы для трансграничных платежей Interbank Information Network (IIN) на базе блокчейна Quorum будет существенно расширена, сообщает Financial Times.

2019-4-22 16:55