Clock24: First Asset Multiplication Protocol in every 10 minutes - Auto Staking Upto 1,284,615.72% APY

Overview

Decentralized finance, commonly known as DeFi, has been one of the most impactful and successful waves of blockchain-based innovation. Fueled by their inherent advantages of permissionless composability and open-source development culture, DeFi protocols are constantly advancing and iterating upon proven models of financial-based agreements. The DeFi ecosystem moves at a lightning pace — over the past few months, a rising movement of liquidity-focused DeFi projects has brought forth a new wave of DeFi innovation.

In short: DeFi is massive and expanding by the day. Its expansion over the last few years has seen the advent of new technologies and better ways of managing finances: new ways of financing projects, borrowing, lending, betting, investing; the possibilities are endless. The rapid growth of DeFi has, however, highlighted some innate problems in the industry. Investors across the globe are chasing low-risk-high-yield returns in a booming wave within the technology sector of Decentralized Finance (DeFi) and noting that cryptocurrency, in general, is opening up new possibilities across the whole financial industry.

By far DeFi is showing favor to becoming the easiest and agreed-upon way to make your money work for you in an environment where cryptocurrency holders can lock or stake their tokens and receive high-interest rates that most thoughts were unachievable.

The developers of Clock24 have introduced the Clock24 Autostaking Protocol, a DeFi 2.0 protocol that provides a decentralized financial asset that rewards users with a sustainable fixed compound interest model through the use of its unique proprietary protocol.

What is Clock24?

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 automated staking yields, which offers an exponential APY. Auto-staking protocol CAP grants a $C24 native token, a delicate auto-staking, and dialing functionality. Furthermore, the introduction of these features strengthens the token’s value proposition, as does the generation of a fixed APY every 10 minutes.

CX24.io provides a decentralized financial asset that rewards its users with a 0.018% increase in their assets, every 10 minutes. 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 properties. This protocol is equipped with innovative technologies and features that other forks lack. It is specially designed to be automated and efficient.

Features of Clock24

Clock x24 Autostaking Protocol (CAP)— Highest Fixed APY — CAP provides token holders simplicity, security, and a consistent fixed high yield return of 1,284,615.72% APY from their staking. It is used in the C24 token.
Low Risk — C24 Insurance Fund (CIF) — 2% of all trading fees are stored in the C24 Insurance Fund helps sustain and back the staking rewards by maintaining price stability and greatly reducing downside risk.
Staking — Easy and Safe — The C24 token always stays in your wallet it doesn’t need to be put into the hands of a 3rd party or centralized authority. All you need to do is buy & hold as you automatically receive rewards in your own wallet so there are no more complicated staking processes at all.
Interest Yield — Automatic Payments — You need not be concerned about re-staking your tokens. Interest yield is paid automatically and compounded in your own wallet, guaranteeing you will never miss a payment.
Highest Fixed APY — C24 pays out at 1,284,615.72% in the first 12 months which rivals anything in the DeFi arena to date.
Rapid Interest Payments — The C24 Protocol pays every C24 Token holder each and every 10 minutes or 144 times each day, making it the fastest auto-compounding protocol in crypto.
Auto Token Burn (Burning Pit) — One of the exciting features of the C24 Protocol is an automatic token burn system named “Burning Pit” which prevents circulating supply from getting out of hand and becoming unmanageable. The Burning Pit burns 2% out of all C24 Token market sales are burned in the same individual transaction.

How Does Auto-Staking Work?

The C24 Auto-Stake feature is a simple yet cutting-edge function called Buy-Hold-Earn, which provides the ultimate ease of use for $C24 holders.
Buy-Hold-Earn — By simply buying and holding a $C24 token in your wallet, you earn rebase rewards as interest payments directly into your wallet. Your tokens will increase every 10 minutes.
Using a Positive Rebase formula, C24 makes it possible for token distribution to be paid directly proportional to the epoch rebase rewards, worth 0.018% every 10 minute epoch period of the total amount of $C24 tokens held in your wallet. The rebase rewards are distributed on each EPOCH (10 minute rebase period) to all $C24 holders.
This means that without moving their tokens from their wallet, C24 holders receive an annual compound interest of 1,284,615.72% for Year 1.

How do they provide So high APY?

C24 buys and sells fees are an important component of the C24 Protocol. They provide capital for performing critical functions to the protocol. The amount of the fees (6% for buys and 8% for sells) allows C24 to provide $C24 holders with a stable high yield of 1,284,615.72% annually.

Buy Trading Fees:
● 2% for liquidity pool
● 1% for insurance/ development fund
● 2% for treasury funds
● 1% for burning

Sell Trading Fees:
● 3% for the liquidity pool
● 3% for the treasury fund
● 1% for the insurance fund
● 1% for burning

C24 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 $C24 token along with many other utilities of this token.

C24 Utilities Token

Protocol governance: $C24 also provides the facility of protocol governance.
$Clock insurance: CX24.io provides a safer token structure with the $C24 insurance fund. 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.
Automated safe staking strategy: 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 because you will automatically receive rewards in your own wallet, eliminating the need for any complicated staking processes
High APY:Cx24.io pays 1,284,615.72% APY. The distribution of all rewards is followed by an automated process so no user misses any payment.

A Comparison Between Clock 24 and Auto Staking Protocols!

Many other networks have either taken inspiration from the form or have become its forks. This section will specifically focus on salient features that differentiate Clock 24 from these projects. The first protocol for comparison is Safuu, which uses is SAP protocol for the auto-compounding model. The following factors draw a line between Cx24 and Safuu and Titano.

Safuu offers a staking reward every 15 minutes, whereas Cx24 has reduced this time to reward distribution, every 10 minutes.
Safuu offers to return 96 times a day, and Cx24 offers to return 144 times a day, thus offering a drastically higher return rate than the former.
Safuu offers a fixed APY of 122,234%, while Cx24 offers a fixed APY of 122,234%.
Titano offers a fixed APY of 102,483.52%, whereas Cx24 offers a fixed APY of 794,467%.
Titano proposes a daily rate of investment of 1.8666%. On the contrary, Cx24 offers a daily compounding of 144 times.

Conclusion

C24 is a Defi protocol that is set to outpace bitcoin by paying regular compound interest to all C24 token holders of up to 1,284,615.72% each and every year with a 100% guarantee of execution. There aren’t many guarantees in this world especially when it comes to financing but with C24 it actually is.

What makes C24 different is its elegant design of architecture where all the interest cycles are predetermined and hardcoded into the programming of the C24 protocol itself. Basically put there are EPOCH cycles ready preset and because it’s written into the blockchain smart contract it is completely impossible for any cycle or interest payment to be amended or changed. Investors will receive up to 0.018% every 10 minutes of interest paid each cycle compounded. Cycles guaranteed, automatic payouts, secure cryptography on the blockchain, and it’s completely decentralized to ensure safety and security.