CLOCK X24 - Riview
This information is sufficient for direct users and investors. However, the information contained in this document is for informational purposes only. So we are not responsible. This white paper is a living document and is prone to errors and administrative changes. The information presented should not be interpreted as a service commitment between stakeholders. In addition, the specific statements and estimates contained in this document are the product of optimism. It’s just information or future ideas that haven’t been realized at any given moment.
CX24.io: Doubling of assets every 10 minutes!
CX24.io provides a decentralized financial asset that rewards its users with a 0.018% increase in their assets, every 10 minutes. C24 reward generation is a unique protocol that delivers advanced benefits. The C24 rewards protocol generates and distributes 0.018% rewards every 10 minutes for all active users. The protocol complements the RFI properties. This protocol is packed with innovative technologies and features that other forks don’t have. It is specially designed to be automated and efficient.
Comparison of CX24.io with other Olympus DAO forks
- Fork of Olympus DAO
- Blockchain: Avalanche
- Policy controlled currency system
- Offers APY of 79,000%
- Olympus DAO fork
- Blockchain: Moonriver, which is layer-1 solution on Polkadot
- Aims to be a reserve currency of Kusama and Polkadot
- Emphasis on earning through gamification
- Olympus DAO fork
- Blockchain: BSC
- TVL 1.5 million
- Offers APY of 201,000%
- Not a fork of Olympus DAO
- Blockchain: BSC
- Aims to provide forever yield farming
- Offers 1,284,615.72% APY
- Provides automated returns
- Has RFI feature
- Follows rebase token strategy
The CX24.io protocol has several utilities that distinguish this protocol from the Olympus DAO fork. This difference also gives CX24.io a market advantage. All of these utilities are briefly discussed in this section.
- $C24 utility token: $C24 is the native token on the protocol that also serves as the network’s native currency. All rebase interest is paid in $C24 tokens along with many other utilities of this token.
- Protocol governance: apy $C24 also provides protocol governance facility.
- $C24 insurance: CX24.io provides a more secure token structure with a $C24 insurance fund. The $C24 Insurance Fund holds 2% of all trading fees, which helps maintain and support bet rewards by maintaining price stability and greatly reducing downside risk.
- Automated secure betting strategy: The $C24 token is always stored in your wallet, so it is never given to third parties or centralized authorities. All you have to do is buy and hold as you will automatically receive the prize in your own wallet, eliminating the need for a complicated betting process. Through the automation of the entire procedure, all prizes from the staking pool are automatically transferred to your wallet.
- High APY: CX24.io pays 1,284,615.72% APY. The distribution of all prizes is followed by an automated process so that no user misses a payment.
- Auto merge protocol: CX24.io auto merge protocol pays users every 10 minutes of the day, making a total of 144 payments in a day. This figure makes CX24.io the fastest auto-compounding protocol on the network.
- $C24 auto-burning: One of the most interesting aspects of the CX24.io Protocol is the automatic token burn system known as “The burning Pit”, which prevents the circulating supply from getting out of control. The burn pit consumes 2.0 percent of all $C24 Token market sales and is consumed in a single transaction.
- Tokenomics rebase CX24.io: To support rebase pricing and rewards, CX24.io uses a complex set of factors. This includes the $C24 Hours Insurance Fund (CIF), which acts as an insurance fund to ensure price stability and long-term viability of the C24 Protocol by maintaining a consistent 0.018 percent rebase rate paid out to all $C24 token holders every 10 minutes.
APY formulation for C24
The CX24.io protocol follows daily-interest compounding simple formulation Where.
A. is the future value of your investment
P. is the principle investment
R. is the interest rate in decimals
N. is the number of time interest compounded in the given time
T. is the total time period for investment maturity
It should be noted that rate r and time t should be expressed in the same time units, such as months or years. Time conversions based on a 365-day year have 30.4167 days/month and 91.2501 days/quarter. There are 360 days in a year, with 30 days per month and 90 days per quarter.
In the present case:
If the user invests $1000 worth $C24 for a period of 1 year at 0.018% compounding every 10 minutes. He will have $7,944,670 C24 after his investment maturity.
$C24 is a BEP-20 token which is hyper-inflationary in nature. This native currency dispenses properties essential for passive income generation through providing 0.018% interest every 10 min, which makes 144 times in a day.
The protocol is a self-designed and drafted network and is not essentially a fork of any other project.
With its Auto-Burn, burning Pit configuration, marginal starting supply, and lower 10-minute Epoch’s, C24’s tokenomics are also entirely unique, allowing for a much more linear APY evolution of attainability.
The buying and selling fee structure are crucial for the protocols performance as this collected fee is used for several feature’s maintenance and offer.
The 6% buying fee is broken down as follow:
- 2% for liquidity pool
- 1% for insurance/ development fund
- 2% for treasury funds
- 1% for burning
The 8% selling fee is broken down as follow:
- 3% for the liquidity pool
- 3% for the treasury fund
- 1% for the insurance fund
- 1% for burning
- Website Development
- Whitepaper Documentation
- Build Phase — Smart Contract
- Build Phase — dApp V1 Dashboard
- Deployment Phase — Smart Contract — Testnet
- Solidity Finance Audit
- Deployment Phase — Smart Contract Deployment — Mainnet
- Deployment Phase — dApp V1 Dashboard
- Initiate and Promote Discord Community
- PR Marketing
- Bounty Campaign
- Pre-Launch Marketing
- Fair Launch on PinkSale
- PinkLock Liquidity Locked 13.5 years
- Twitter Marketing Campaign
- YouTube Marketing Campaign
- CoinMarketCap Listing
- Certik Application
- Certik Listing
- Certik KYC
- Certik Audit
- CoinGecko Listing
- DappRadar Listing
- Airdrop Campaign
- 5,000 Token Holders
- 10,000 Token Holders
- 15,000 Token Holders
- 20,000 Token Holders
- 50,000 Token Holders
- 100,000 Token Holders
- Build Phase — dApp V2 Dashboard
- Deployment Phase — dApp V2 Dashboard
- On Ramp Integration
- Cross-Chain Integration
- Development Mobile Application iOS and Android
- Launch Alpha Version Mobile Application iOS and Android
- NFT Collections
This is what I can say in this article. If you need accurate and reliable information, you can visit their official link, which I have provided below:
Website : https://cx24.io/
Whitepaper : https://cx24.io/whitepaper.pdf
Twitter : https://twitter.com/clockx24
Facebook : https://www.facebook.com/Clockx24
Telegram : https://t.me/clockx24
Medium : https://medium.com/@clockx24
Discord : https://discord.gg/yw2DKwEc2D
GitHub : https://github.com/clockx24
Reddit : https://www.reddit.com/user/clockx24
Instagram : https://www.instagram.com/clockx24/
Bitcointalk Username: alfan5066
BitcoinTalk Profile URL: https://bitcointalk.org/index.php?action=profile;u=3389426
Telegram Username: @alfantrjl
BSC Wallet address: 0xb72c3E582AE4F75d10A72C0D522F25FAc171B608