INTRODUCTION.
C24 is a BEP-20 token that is hyper-inflationary in nature. This native currency dispenses properties essential for passive income generation by providing 0.018% interest every 10 min, which makes 144 times in a day. The protocol is a self-designed and drafted network and is not essentially a fork of any other project.
Clock x24 Token is transforming DeFi with the Clock x24 Auto-staking Protocol (CAP) that delivers the industry's highest forever APY, rebasing rewards every 10 minutes, and a simple buy hold-earn system that grows your portfolio in your wallet, fast.
With its Auto-Burn, burning Pit configuration, marginal starting supply, and lower.
10-minute Epoch's, C24's tokenomics are also entirely unique, allowing for a much more linear APY (Annual Percentage Yield) evolution of attainability.
CX24.io provides a decentralized financial asset that rewards its users with a 0.018% increase in their assets, every 10 minutes all round for 24 hours, 7 days a week.
The C24 reward generation is a unique protocol that has advanced profit-making. The C24 rewarding protocol generates and distributes a 0.018% reward every 10 minutes for all active users. The protocol equips RFI (Request For Information) properties. This protocol is equipped with innovative technologies and features that other forks lack. It is specially designed to be automated and efficient.
HOW IT WORKS:
You are rewarded through auto-staking instrument simply by holding C24 tokens in your wallet. Your due rewards will automatically be sent to your wallet after every epoch.
WHAT IS EPHOCH?
An epoch is the frequency of reward distribution. In the case of C24, an epoch is every 10 minutes.
UTILITIES OF CX24
The CX24.io protocol has some utilities that distinguish this protocol from Olympus DAO forks. These differences also provide a market advantage to CX24.io. All of these utilities are succinctly 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 the $C24 token along with many other utilities of this token. 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.
The $C24 token is always kept in your wallet, so it is never given to a third party or centralized authority. All you have to do is buy and hold your C24 token, 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.
TOKEN CIRCULATION CONTINGENCY.
One of the most exciting aspects of the CX24.io Protocol is an automatic token burn system known as "The burning Pit," which prevents circulating supply from becoming unmanageable. The burning Pit consumes 2.0 percent of all $C24 Token market sales and is consumed in a single transaction.
Also, the burning Pit consumes 1.0 percent of all $C24 traded. The more that is traded, the more that is added to the fire, causing the fire pit to grow in size, larger and larger through self-fulfilling Auto-Compounding, reducing the circulating supply and maintaining the C24 protocol stable.
Reduction of risk associated with a downside, ensuring long-term growth continuity by maintaining constant growth levels Ensuring price stability through rebasing strategy.
STAKING- EASY AND SAFE
The C24 tokens always stay in your wallet; it doesn't need to be put into the high-risk staking contract. All you need to do is buy & hold it and automatically multiply rewards in your own wallet so there’s no need to learn about the stake/unstake mechanism and also avoid paying an additional tax fee on staking operations.
LIQUIDITY MANAGEMENT
Liquidity can be thought of as a large pool of money that is split into half between C24 and BNB tokens. There is a conversion ratio that is set to the amount of C24 that can be obtained through BNB, for example 1 BNB equals 36.44 C24.
TOKENOMICS AND FEE STRUCTURE
The buying and selling fee structure is crucial for the protocol’s performance as this
collected fee is used for several features’ maintenance and offers. For example, take a 6% buying fee and an 8% buy fee:
The 6% buying fee is broken down as follows:
● 2% for the liquidity pool
● 1% for insurance/ development fund
● 2% for treasury funds
● 1% for burning
The 8% selling fee is broken down as follows:
● 3% for the liquidity pool
● 3% for the treasury fund
● 1% for the insurance fund
● 1% for burning.
CONCLUSION.
This project is gilt-edged and has what it takes to propel the crypto world into an unprecedented advancement. I've extensively researched the project, and with much assurance, I can say that anyone who invests in this would be securing a plot in the joys to come.
For more information about Clock x24 project
- Telegram group: https://t.me/clockx24
- Twitter: https://twitter.com/clockx24
- Medium: https://medium.com/@clockx24
- Discord: https://discord.gg/5p2Sf3e2
- Reddit: https://www.reddit.com/user/clockx24
- Instagram: https://www.instagram.com/clockx24/
- Facebook: https://www.facebook.com/Clockx24
- Github: https://github.com/clockx24
- Learn more about Clock x24 https://cx24.io/
AUTHORED BY:
Bitcointalk username: Achukata
Bitcointalk profile link:
https://bitcointalk.org/index.php?action=profile;u=2768119
BSC wallet ID:0xF874A7b3604f9d82F3B546A68cbaC92F3e7B1187