Clover Finance (CLV)

Official Website: https://clover.finance/

Last updated 05/02/2022

What is Clover Finance (CLV)

Clover Finance (CLV) is an interoperable, streamlined blockchain operating system providing multi-chain indexing services for Bitcoin (BTC), Ethereum (ETH), Binance Smart Chain, and Polkadot (DOT). This project offers a variety of other services including a storage layer, a smart contract layer, an eApp layer and a DeFi protocol layer. Clover Finance is also now part of the Polkadot ecosystem, acting as offspring of the Substrate-based Polkadot parachain. This is an action that enables one segment of the project’s aim, to bridge the compatibility gap between blockchains when building and operating, to help be achieved.

Clover Finance differentiate their incentives offered to dApps builders through sharing a percentage of any transaction fee incurred, with the team's intent to create a healthy community within the Clover Finance Ecosystem. Clover simplifies the DeFi User experience through covering any gas fees by using a fraction of the same token involved in the transaction, instead of using a base currency such as ETH. Furthering these reinvented fee structures, Clover offers a variable fee schedule dependent on the frequency of a user’s activity on the Clover Network. As a token, CLV has a variety of different use-purposes, some of which involve: Governance – Participants of the CLV community can lock CLV in return for the ability to assist in guiding the development, Deployment – Where participants can use CLV to deploy dApps and smart contracts on Clover and Validation – Where those who stake their CLV can validate the network using their validator infrastructure.

Clover is built for Polkadot (DOT) and allows DeFi projects on any Ethereum Virtual Machine (EVM) protocl to seamlessly bridge their smart contracts onto the Polkadot infrastructure. When regarding Polkadot, one function Clover offers is a reward rate allocated to the project for its success in the acquisition of the 5th Polkadot Parachain Auction. This staking system enables users to earn 100 CLV per 1 DOT, with this rate due to change in accordance to the growth in DOT contributions. As Clover’s Parachain slot has been secured, users proceeding with this function will be able to receive 28% of their CLV token immediately, with the remaining balance becoming unlocked after 23 months.

Team

The Core Founders of the Clover Finance project include Viven Kirby, Norelle Ng and Burak Keçeli, all passionate about blockchain technology and the exciting future of the Clover. As well as this, this project is paired with numerous blockchain partners including CHVIN, My Neighbour Alice (ALICE), Ankr (ANKR) and many more.

Viven Kirby takes on the role of Project and Operation Lead at Clover Finance with his past experiences including working as a Microsoft Dynamics Architect for AXSource, an IT Advisory Services team.
Norelle Ng’s past experiences have equipped her with an extensive knowledge in blockchain technology as well as a good understanding in Human-Computer Interactions. Some of these experiences involve being a Venture Partner at Bithumb Global and as a Data Scientist in a Chinese establishment that has formed three major technology systems: big data, cloud computing, and mobile internet.
Keçeli is another Co-Founder of the Clover Finance Project and Founder of the Financial Services establishment Bitmatrix. Initialising his interest in computing at 10 years old, Keçeli has gone on to create MBO Games, as well as Staqq.

Roadmap

2021 Q2

Coinlist public sale
Launched Extension Wallet
Launched IOS and Android

2021 Q3 - Q4

Launched Web Wallet
350K cumulative downloads from the variety of wallets available
Activate parachain, 80+ formed partnerships

2022 Q1

Enable Clover EVM Governance
Clover Blockchain Explorer
Validator Program

2022 Q2

Enable Universal Cross-Chain
Dynamic Gas Fee Model
Upgradeable Smart Contract

2022 Q3

Powerful & Stable Wallet SDK for Developers
Ecosystem Infrastructure such as On-Chain Analytic Tools
Upgrade to Cross-Chain Explorer

2022 Q4

Support Native/Parachain Two-way Assets Cross-chain for Major Blockchains
Support dApps Interaction for Major Blockchains
Omniverse DAO

Where to Store Clover Finance (CLV)

The Clover Wallet supports the storing of Clover Finance and is available as an Extension Wallet, Mobile Wallet and Web Wallet. Each of these options offer slightly different features with the Mobile Wallet being Cross-Chain, supporting NFTs and being a dApp marketplace. The Extension Wallet has the functionality for connectivity for multiple networks and provides the opportunity for internal swaps. The Web Wallet requires a social account login alongside supporting interactive dApp for EVM networks, DOT/KSM + parachains and Solana (SOL).

Trust Wallet is a mobile app (Android & IOS) that now offers the option to store Clover Finance (CLV). Trust wallet is a trusted wallet provider with 1m+ active users. This wallet is available on both Andoid and iOS and requires users to create and securely store their own recovery phrase. CLV can be stored on The Trust Wallet by using a simple 5 step process which is specified in our Wallet Guide.

Where to Buy & Sell Clover Finance (CLV)

You can Buy & Sell Clover Finance (CLV) here at BC Bitcoin. You can Buy CLV by heading over to the Buy Coins page of our website. CLV is available on BC Bitcoin trading against major fiat currencies: GBP and EUR. Buying CLV has never been easier, simply place your order and provide your wallet address. Once your payment arrives, CLV will be sent directly to your wallet.

If you choose to Sell Clover Finance (CLV), you can send us the coins, where detailed will be the Clover Finance Price, and receive a payment to your bank account. Details and a live valuation can be found on the Sell Coins page.

Resources

Website: https://clover.finance/

Documents: https://clover.finance/whitepaper.pdf

Block Explorer: https://stage.cloverscan.io/

Twitter: https://twitter.com/clover_finance

Disclaimer: The information provided in this article is intended for informational purposes only. It is the readers responsibility to complete their own research and due diligence.