CloudCoin Finance: A Revolutionary Decentralized Finance Protocol

in blockchain •  2 years ago 

Welcome every crypto lovers again for my latest Project review in the crypto industry. If you are new to this crypto world, I like to introduce you what are the basics and a short history summary about cryptocurrency platforms. if you already know about these basic things you can skip my first paragraph.

Blockchain Introduction

Everyone knows about the most famous coin in the world. yes, you are right, that is Bitcoin. Satoshi Nakamoto is the founder of Bitcoin.

2a3UdQyEPLqLr918wJSTZ9TNrdv221pEKYsihXSb7EY9jctR5Hzejwd3bkcmFD9UVaRwcUz93AdFwJKydQwZfWvPdFGZYGrGhNAAS3cL2HhH3oQ74MBHcwQmypzHQLyN2rDbJCiHNFJ9KePxfagtok143eZLo3uZxBADtkT6CNzuYQtDXtZh9ohxzZiVwoVCKcLH84hz4iSJmxsYbNYttUD.png
If you think this Coin is like a vehicle, it needs a road to run. so every kind of vehicle needs its own path to run. Boats need Reservoirs like sea, river. an airplane needs the sky to fly. that’s so simple to understand what is the blockchain network. there are many networks right now like roads & many coins, tokens have like vehicles. you need to select the right vehicle and road to drive it. if you choose a car you can only drive it on roads, if you put it to the water, it will be sink definitely. That’s how Blockchain networks work. there are so many popular networks working in recent. so many will come. bep20, erc20, polygon, Solana, Tron network are some of them.

2bP4pJr4wVimqCWjYimXJe2cnCgnLLQnEWF3FCoBmBb.gif
Blockchain technology is a new innovation in the global market that introduces Decentralized systems, one of the results of innovations in the Blockchain market is DeFi (Decentralized Finance) which is a new concept where DeFi takes inspiration from technological innovation, namely Blockchain which is the basis of this technology and becomes the basis of this technology. the basis of all current cryptocurrencies, especially coins that carry the concept of DeFi (Decentralized Finance) where Blockchain technology allows each entity to be able to store various copies of transaction data on public networks and this means that it is not controlled by a centralized system created by any Entity. Blockchain is a very important innovation because the traditional centralized system that is currently used and used by manual operators and of course can be controlled by humans and can limit the speed and sophistication of each transaction in the system, the concept of DeFi (Decentralized Finance) is very different from traditional systems that are currently exists because DeFi expands the use of Blockchain Technology from just simple value transfers on the system to more complex financial use cases such as traditional systems used today and This can be done through the help of the smart contract feature of Blockchain Technology at its core. One of the new very Innovative & Unique Projects is CloudCoin Finance, It is a new Innovation that creates a DeFi Ecosystem that bridges everyone to access Financial Freedom in a unique way.

1678586463427.png

What is CloudCoin Finance?

CloudCoin Finance is a decentralized finance protocol that leverages the power of blockchain technology to provide users with fast, secure, and low-cost financial services. The protocol is built on the Ethereum blockchain and uses smart contracts to enable peer-to-peer transactions without the need for intermediaries. CloudCoin Finance aims to make DeFi accessible to everyone, regardless of their technical expertise, by providing an intuitive and user-friendly interface.

1678585755918.jpg

CloudCoin Finance features

CloudCoin Finance offers a wide range of financial services, including:

  • Decentralized exchange (DEX): CloudCoin Finance has a DEX that enables users to trade cryptocurrencies without relying on centralized exchanges. The DEX is designed to provide fast and efficient trading with low fees.

  • Yield farming: Yield farming is a popular DeFi concept that allows users to earn rewards by providing liquidity to a liquidity pool. CloudCoin Finance provides several yield farming options that enable users to earn rewards by staking their tokens in different liquidity pools.

  • Lending and borrowing: CloudCoin Finance enables users to lend and borrow cryptocurrencies without intermediaries. The lending and borrowing process is fully decentralized and is governed by smart contracts.

  • Governance: CloudCoin Finance is a community-driven protocol that enables users to participate in the decision-making process through a decentralized governance system. Users can vote on proposals and shape the future of the protocol.

FrvATerWAAAdy85.jpg

CloudCoin Finance benefits

CloudCoin Finance offers several benefits over traditional finance and other DeFi protocols, including:

  • Scalability: CloudCoin Finance is built on the Ethereum blockchain, which has scalability limitations. However, the protocol is designed to be scalable by using layer 2 solutions and other scaling techniques. This enables CloudCoin Finance to handle a large number of transactions without compromising on speed or cost.

  • Security: CloudCoin Finance uses smart contracts to ensure that all transactions are transparent and secure. Smart contracts are self-executing and tamper-proof, which makes them resistant to hacks and fraud.

  • User experience: CloudCoin Finance aims to provide a seamless user experience by offering an intuitive interface that is easy to use. The protocol also provides educational resources to help users understand the different features and services.

  • Low fees: CloudCoin Finance aims to provide low fees for all transactions, including trading, staking, and lending. This makes the protocol accessible to a wider range of users, regardless of their financial status.

Fr6bzesWwAUvu7f.jpg

CCFI PRESALE

CCFI token presale is live and ends on 31 March 2023. Presale is an opportunity to participate in supporting project development by buying their token at early stage. Early adopters of this token are privilege to making a high return when the projects get bigger and stronger. Project success depends on project team and investors involved. This is one of the uniqueness that differentiate CCFI from every other project. CCFI is made up of strong team with many years of experience. Cloudcoin finance is creating an indelible footprint in Defi community with a difference that is evident and transformative.

3jpR3paJ37V8JxyWvtbhvcm5k3roJwHBR4WTALx7XaoRovqYc6AjiXTDZFt2yRRCyLVLwkkkb3KpDCoUcsGfZRK2Y5HZrkgbMjNbJj6Um8fzjWyKskysa2QcAVeteBZY6ftez.jpg

TOKENOMICS

• CCFI token Total supply – 1,428,160,512
• Circulating supply (264,209,694)
• Strategic/ Private/ Public Sales – 18.5% Team – 7.5% - vested over 60 months starting 1st of August, 2021
• Advisors – 4.5% - vested over 60 months starting 1st of August, 2021
• Staking/ Farming Rewards – 18%
• Marketing – 6.5%
• Exchange Liquidity – 13.75%
• Development Fund – 20%
• Exchange Listings, Crosschain, Fees & Expenses – 11.25%

Conclusion

CloudCoin Finance is a revolutionary DeFi protocol that aims to provide a better alternative to traditional finance. The protocol offers fast, secure, and low-cost financial services that are accessible to everyone. With its scalable architecture, transparent governance, and intuitive interface, CloudCoin Finance has the potential to transform the DeFi landscape and usher in a new era of decentralized finance.

For more information, please visit:

Twitter https://twitter.com/ccfitoken
Telegram https://t.me/ccfitokenchat
Facebook https://www.facebook.com/ccfitoken
Discord https://discord.gg/PcNVfJXw
YouTube https://www.youtube.com/@ccfitoken
website https://ccfitoken.com
WhitePaper https://cloudcoin.finance

AUTHOR

Forum Username: sumaiya01721
Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=2863274
Telegram Username: @saha999
BSC Wallet Address: 0x9a6144F33a3aB570765DB23981F28De52E6Fb143

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!