Birth of Clock 24 | Auto Staking | Rebase
Clock 24 is here to revolutionize the decentralized finance with its auto-staking protocol: a new financial innovative protocol that will simplify and modify basic staking, through amplified and multiplication of automated staking that offers exponential APY.
The CAP, Clock 24 auto-staking protocol grant its native token exquisite feature of automatic staking and compounding. The introduction of these features strengthen the value proposition of the token, along with fixed APY generation after every 10 minutes.
The fixed automatic APY generation every 10 minutes, is the main value proposition of the Cx24 platform. The core objective of our network is to provide outstanding APY to our users through innovative blockchain based solutions. The essence of our services lies in long term asset holding, which will multiply 144 times a day and 52,560 time in a year, eventually leading to a high APY of gross 1,284,615.72% APY.
This basic innovative instrument along with other complimentary features are the building block of Clock 24, which differentiate our protocol from other likewise projects. These differentiating properties are briefly discussed in the next section for a clear understanding our product and services.
The Clock 24 protocol has some utilities that distinguish this protocol from Olympus DAO forks. These differences also provide a market edge to Cx24.io. All of these utilities are briefly discussed in this section
$C24 utility token
The $C24 is a native token on the protocol which also serves as the network’s native currency. All rebase interests are paid in $C24 token along with many other utilities of this token.
- Protocol governance:
$C24 also provides the facility of protocol governance. - $Clock insurance:
CX24.io provides safer token structure with the $C24 insurance fund. The $C24 Insurance Fund holds 2% of all trading fees, which helps to sustain and back the staking rewards by maintaining price stability and greatly reducing downside risk. - Automated safe staking strategy:
The $C24 token is always kept in your wallet, so it is never given to a third party or centralised authority. All you have to do is buy and hold because you will automatically receive rewards in your own wallet, eliminating the need for any complicated staking processes. Through the automation of the entire procedure, all rewards from the staking pool are automatically transferred to your wallet. - High APY:
Cx24.io pays 1,284,615.72% APY. The distribution of all rewards are followed by an automated process so no user misses any payment. - Auto-compounding protocol:
The auto-compounding protocol of Cx24.io pays users every 10 minutes in a day, making it a total of 144 payments in a day. This figure makes Cx24.io the fast auto-compounding protocol on the network.
To support its price and rebase rewards, the Cx24 employs a complex set of factors. It includes the $C24 Insurance Fund (CIF), which acts as an insurance fund to ensure the Clock 24 Protocol’s price stability and long-term viability by maintaining a consistent 0.018 percent rebase rate paid to all $C24 token holders every 10 minutes.
All of these elements have been coordinated by the Cx24.io development team so that they work seamlessly behind the scenes. As a result, $C24 holders now have a simple and elegant staking and rewards system.
Simply by purchasing and storing the $C24 token in your wallet, you can earn rebase rewards in the form of interest payments directly into your wallet. Every 10 minutes, your tokens will increase.
Using a Positive Rebase formula, Clock 24 allows token distribution to be paid directly proportional to epoch rebase rewards, worth 0.018 percent of the total amount of $C24 tokens held in your wallet every 10 minute epoch period. The rebase rewards are distributed to all $C24 holders on each EPOCH (10 minute rebase period). There are a total 52,560 EPOCK in a year.
The daily compounding rate is not linear, but exponential. For example, if you invest $1 for 1 year, you will have 1,284,615.72 $C24.
CAP uses a complex set of elements to support prices and rebase rewards. It also uses game theory and humanity to determine the most likely habits of those who buy tokens. Our development team has coordinated all these factors to work seamlessly behind the scenes. The result is a simple and elegant betting and rewarding system for $C24 holders. The
CAP is both powerful and flexible, and serves as the foundation for a variety of future Titanium products, services, and projects. Each transforms a different cryptographic space.
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