2020-12-15 20:12 |
Bitcoin was an innovative breakthrough in technology, bringing forth the blockchain revolution, a world of decentralized protocols, and the crypto tokens that power them. But the first-ever cryptocurrency was, in essence, a proof of concept – demonstrating what the asset class is capable of. And like early forms of the internet before it, time was required for the right developers to harness the technology’s power and learn to build groundbreaking networks.
That leap is happening in cryptocurrency and blockchain currently, and it has brought about the emergence of new systems that are more efficient and sustainable, built with a long-term strategy to deliver interest to token holders consistently. A “giant bound” is taking place with the debut of the CLEVER crypto token – here’s why CLVA is the can’t miss crypto project for the next 34 years, according to the 888 cycle challenge.
CLEVER DEFI, The CLVA Token, And The 888 Cycle ChallengeCLEVER DEFI, a pioneer in crypto protocols designed for positive yields, has debuted the innovative CLEVER Token (CLVA) that leverages smart contracts to provide regular interest payments paid out at scheduled, 14-day intervals called cycles. The hard coded protocol starts with a zero initial supply, immediately building into the CLEVER token user base from the ground up, starting with the “minting period,” beginning in less than two months.
The aptly-named project is a decentralized finance (DeFi) protocol that encourages the growth of a robust ecosystem through “automatic interest payments” to all CLVA token holders. Up to 11% compound interest is paid fortnightly across a grand total of 888 cycles, providing regular returns for 34.15 years.
Unlike other tokens, the CLEVER DEFI team hold zero supply themselves and instead receive a portion of network fees that are dedicated to transparent allocation toward marketing, research and development, and general maintenance of the soon to be thriving ecosystem.
The CLEVER Design Behind The CLVA Token’s Guaranteed Interest ModelDuring the minting phase, which lasts the first 30 days, users can use ETH via the CLEVER ERC20 smart contract to mint and receive CLVA crypto token. The protocol – which utilizes a Decentralized Distribution Mechanism (DDM) – ceases the functionality of the mining phase after 30 days. Those who are earliest to swap ETH for CLVA access the best possible rate. Rates increase day by day to reward the earliest adopters.
From there, the CLEVER crypto token’s one-of-a-kind interest cycle protocol kicks in and rewards CLVA crypto token holders with recurring interest payments every fortnight for more than 30 years. The smart contract is unalterable, ensuring expected and consistent yields for years to come.
The First Annual Interest Earnings (across a 12-month period) can yield 15,353 CLVA from an initial 5,000 CLVA investment, with compound interest reaching 307% by cycle 26.
Due to the design of the Automatic Cycle Schedule and the guaranteed interest model, CLVA is projected to outperform a higher annual return compared to nearly all other traditional investing methods.
CLEVER was created to be fundamentally different from the tokens that exist today, specifically built to empower the many instead of the few as other cryptocurrencies have done in the past. To learn more about CLVA ahead of the minting phase on February 1, 2021, please visit CLVA.com.
Disclaimer: The information presented here does not constitute investment advice or an offer to invest. The statements, views, and opinions expressed in this article are solely those of the author/company and do not represent those of Bitcoinist. We strongly advise our readers to DYOR before investing in any cryptocurrency, blockchain project, or ICO, particularly those that guarantee profits. Furthermore, Bitcoinist does not guarantee or imply that the cryptocurrencies or projects published are legal in any specific reader’s location. It is the reader’s responsibility to know the laws regarding cryptocurrencies and ICOs in his or her country.
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