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What is Clover Finance (CLV)?
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May 8, 2022

What is Clover Finance (CLV)?

What is Clover Finance ?

Clover Finance is a DeFi service platform built on Polkadot, based on EVM-compatible Substrate and interoperable between chains.

The Clover Network provides a full-service multi-chain decentralized finance (DeFi) bridge. It provides a flawless, smooth portal for all DeFi users. With Clover, developers can not only easily develop and use DeFi, they can also create decentralized applications (DApps) that work on blockchain.

Highlight of Clover Finance

  • EVM Compatibility Capability

CLV provides seamless multi-chain indexing on Bitcoin, Ethereum, Binance Smart Chain, and Polkadot. Users can search through blocks, transactions, and accounts in a streamlined environment.

  • Gas-fee Redistribution

CLV incentivizes dApp builders by automatically sharing a percentage of transaction fees with them. The redistribution will ensure a vibrant developer community and foster an innovative DeFi ecosystem on CLV.

  • Gasless End-user Experience

CLV reinvented feeconomics to simplify the DeFi user experience. CLV Smart Relay will act on behalf of the sender so that the forwarder can pay gas fees with the same token from the amount the user transacts, regardless of the base currency like ETH . The transaction fee will be deducted automatically from the asset the user is trading

  • Identity-based Fee Fees

CLV’s Dynamic Fee Schedule is an all-new gas fee calculation method that allows CLV users to receive a gas fee discount in proportion to the frequency of their network activity. Less engaged users pay more, and more engaged users pay less over time according to a usage curve.

  • Universal Cross-chain

CLV comes with various open source wallet implementations to interact with cross-chain dApps without navigating between Polkadot-based and Ethereum-based networks. Users can reliably send, receive, wrap, and open cross-chain assets on Ethereum and Polkadot.

  • Cross-chain Explorer

CLV provides seamless multi-chain indexing on Bitcoin, Ethereum, Binance Smart Chain, and Polkadot. Users can search through blocks, transactions, and accounts in a streamlined environment.

Products of Clover Finance

  • CLV Wallet

*CLV Wallet is a cross-platform, multi-chain, unattended application that helps users manage crypto assets and interact with all kinds of decentralized applications.

  • Clover Cross-Chain Explorer

CLV Cross-Chain Explorer shows all information about cross-chain transactions

Token CLV

*Token Use cases:

CLV is the native token of CLV Chain and is used for staking for network consensus participation, transaction fees, platform rewards, and network governance.

  • Opt-in Fees: Pay gas fees with CLV or have the option to pay with any network token.
  • Governance: CLV lock to elect board members and guide development through on-chain governance.
  • Validation: Stake CLV to validate the network using your validator infrastructure.
  • Treasury: Get funding for your projects from the treasury.
  • Nomination: Stake CLV to nominate your own node validator using a one-click implementation.
  • Deployment: Use CLV to deploy your smart contracts and dApps on Clover

*Key Metrics CLV

  • Token Name: CLV Token.
  • Ticker: CLV.
  • Blockchain: Clover Chain.
  • Token Standard: Native Token của Clover.
  • Contract: 0x80c62fe4487e1351b47ba49809ebd60ed085bf52
  • Token Type: Governance + Utility.
  • Total Supply: 1,000,000,000 CLV.

Roadmap

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  • 2022 Q1 

Enable CLV EVM 

Enable CLV EVM Governance 

CLV Blockchain Explorer 

Native Parachain Asset Support 

Validator Program

  • 2022 Q2 

Enable Universal Cross-Chain 

Developer Incentive Program 

Dynamic Gas Fee Model 

EVM Tracing Feature 

Upgradable 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

Investors

CLV is backed by industry leaders such as Polychain Capital, Huobi, OKex and Alameda Research..

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Conclude

Clover Finance is a product worth waiting for. Clover Finance promises to become a project with many large investors and partners.

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