Overview
Cx24 is revolutionizing decentralized finance with its auto-staking protocol: an innovative new financial protocol that will simplify and change fundamental staking, thanks to amplified auto-staking yields , which yields an exponential APY. CAP auto-staking protocol, $C24 native token issuance, complex auto-staking and dialing functions.
The essence of our services lies in long-term asset holding, which will multiply 144x per day and 52,560x per year, ultimately resulting in a high APY of 1,284,615.72% compounded APY. This innovative core engine and other additional features are the foundation of Cx24, which distinguishes the protocol from other similar projects and Olympus DAO forks.
How it work?
To support price and rebase rewards, CX24.io employs a series of complicating factors. It includes a $C24 Clock Insurance Fund (CIF), which acts as an insurance fund to ensure the price stability and long-term viability of the C24 Protocol by maintaining a rebase rate of 0.018. % consistent is paid to all $C24 token holders every 10 minutes.
C24 tokens are always in your wallet; it does not need to be included in the high risk bet contract. All you need to do is buy and hold it and automatically multiplies the reward in your own wallet, so there is no need to learn about the wagering/cancellation mechanics and also avoid paying extra tax fees on the betting activity.
The $C24 Insurance Fund, abbreviated CIF, is a separate wallet within the C24 CAP system. CIF uses an algorithm as the foundation for Rebase Rewards and is funded by a portion of the buying and selling transaction fees accumulated in the CIF wallet. Simply put, the CIF spec supports staking rewards (rebase rewards) distributed every 10 minutes at a rate of 0.018 percent, ensuring a high and stable interest rate for token holders C24 dollars.
Ensures continued growth in the long term by maintaining constant growth Ensures price stability through a re-base strategy
Treasury is important in the C24 CAP protocol. It performs three functions that are important to the development and long-term viability of CX24.io. This additional support could come in handy if the price of the $C24 token drops significantly. It contributes to setting a floor price for the $C24 token.
The more you trade, the more fire is added, causing the fire pit to grow in size, getting bigger and bigger through Auto-Correct, reducing the circulating supply and maintaining stable C24 protocol. Liquidity can be thought of as a large amount of money split in half between the $C24 and $BNB tokens. There is a conversion rate set to the amount of $C24 that can be obtained through BNB, e.g. 1 BNB equals 36.44 C24.
The CX24.io protocol follows a simple formula for daily compounding Where. A is the future value of your investment P is a principled investment r is the interest rate in decimals n is the number of periods of compound interest over a given time t is the total time it takes for the investment to mature term It should be noted that the rate r and the time t must be expressed in the same units of time, such as months or years. Time conversion is based on 365 days of the year having 30.4167 days/months and 91.2501 days/quarters. In current case: If user invest $1000 worth of $C24 in 1 year period with 0.018% compound interest every 10 minutes. He will have $1,284,615.72 C24 after the investment matures.
Next we will learn about the project’s token
$C24 is a Bep20 token with an Asset Multiplying Protocol every 10 minutes for a 24 year lifetime until the maximum supply of 3.24 Billion tokens is reached.
Other protocols like ours use bond sales to support the same functions as the 24 Clock fee, however we actually believe that approach is riskier because of the risk of not selling the token. bonds, tokens can lose support and drop in price in a spiral as we’ve seen with some of these link-based protocols.
Summary
So, at this point, it is important to create a clear contrast between Cx24’s products and services and other notable names, to avoid any misunderstanding. Likewise, it is absolutely necessary to distinguish the operation of automated staking protocols from RFI in order to educate users about the loopholes in its framework. Sign up to join us to be able to receive these great things
