The fastest asset multiplication protocol in the crypto market- Clock x24

Ngonga
4 min readApr 2, 2022

Overview

Hello friends, in the past few years, the cryptocurrency market has developed very quickly and it is gradually taking over the financial markets of the world. It appears everywhere, especially in developing countries, its influence is even stronger

Cryptocurrency is also known as digital currency. Simply put, this is a currency that works on algorithms and is stored on the internet, smart devices like computers or phones..etc. For many people, cryptocurrencies can be confusing. However, with commodity budgets, financial institutions, or even institutions in developing countries, all topics see cryptocurrencies as the fintech trend of the future. The key in transformation technology. That is also why we should know some information about cryptocurrencies.
Clock x24 is one of the newly launched projects in the crypto market with a lot of useful features and it is known as the Fastest 10 Minute Asset Multiplication Protocol. Here is some general information about this project:

What is Clock x24?

Clock x24 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 will multiply 144 times per day and every year it will multiply by about 52,560 times, and the end goal leads to APY up to 1,284,615.72% APY. This innovative core engine and other additional features are the foundation of Clock x24, which distinguishes the protocol from other similar projects and Olympus DAO forks.

So how does Clock x24 work?

To support price and rebase rewards, CX24.io employs a series of complicating factors. It includes the $C24 Watch Insurance Fund (CIF), which acts as an insurance fund to ensure price stability and the long-term viability of the C24 Protocol by maintaining the fundamental rate back. is 0.018. %consistency 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 multiply the rewards in your own wallet, so no need to learn about staking/cancelling mechanics and also avoid paying extra tax fees for betting activity bet.

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 stable and high interest rate for C24 token holders. . USD.
Ensures continued growth in the long term by maintaining continued 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.
More transactions, more fire is added, causing the fire pit to grow in size, getting bigger and bigger through AutoCorrect, which reduces the circulating supply and keeps the C24 protocol stable determined. Liquidity can be thought of as a large sum divided between $C24 and $BNB tokens. There is a conversion rate set to the amount of C24 dollars that can be obtained through BNB, for example, 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. speed r and time t must be expressed in the same time unit, such as month or year. 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 invests $1000 worth of $C24 for 1 year term with compound interest 0.018% every 10 minutes. He will have $1,284,615.72 C24 after the investment matures.

Comparison of CX24.io with other Olympus DAO forks

The Clock x24 project is a new project and has not been in the cryptocurrency market for a long time, but it always has outstanding features that make a difference and gain people’s trust. Here is my detailed comparison of the Watch x24 with several related projects

Therefore, all of the above proposals support Cx24 to prevail over its access protocols.

In conclusion

Clock x24 is one of the potential and growing projects in the cryptocurrency market. It is believed that Clock x24 is here to revolutionize decentralized finance with autostaking protocol as it is a new financial innovation protocol through autostaking amplification and scaling. Exponential APY simplifies and modifies basic staking. So I hope you will become one of our members and we can enjoy these great things together.

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