Xinanty: Clock 24

Clock 24

Introduction

CX24.io: Asset multiplication every 10 minutes! CX24.io provides a decentralized financial asset which rewards it’s users with 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.

Birth of Clock 24 | Auto Staking | Rebase

Clock 24 is here to revolutionize the decentralized finance with its auto-staking protocol: a new financial innovative protocol that will simplify and modify basic staking, through amplified and multiplication of automated staking that offers exponential APY.

The CAP, Clock 24 auto-staking protocol grant its native token exquisite feature of automatic staking and compounding. The introduction of these features strengthen the value proposition of the token, along with fixed APY generation after every 10 minutes.

The fixed automatic APY generation every 10 minutes, is the main value proposition of the Cx24 platform. The core objective of our network is to provide outstanding APY to our users through innovative blockchain based solutions. The essence of our services lies in long term asset holding, which will multiply 144 times a day and 52,560 time in a year, eventually leading to a high APY of gross 1,284,615.72% APY.

This basic innovative instrument along with other complimentary features are the building block of Clock 24, which differentiate our protocol from other likewise projects. These differentiating properties are briefly discussed in the next section for a clear understanding our product and services.

The Clock 24 protocol has some utilities that distinguish this protocol from Olympus DAO forks. These differences also provide a market edge to Cx24.io. All of these utilities are briefly 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 $C24 token along with many other utilities of this token.

Protocol governance:
$C24 also provides the facility of protocol governance.

$Clock insurance:
CX24.io provides 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 centralised 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. Through the automation of the entire procedure, all rewards from the staking pool are automatically transferred to your wallet.

High APY:
Cx24.io pays 1,284,615.72% APY. The distribution of all rewards are followed by an automated process so no user misses any payment.

Auto-compounding protocol:
The auto-compounding protocol of Cx24.io pays users every 10 minutes in a day, making it a total of 144 payments in a day. This figure makes Cx24.io the fast auto-compounding protocol on the network.

To support its price and rebase rewards, the Cx24 employs a complex set of factors. It includes the $C24 Insurance Fund (CIF), which acts as an insurance fund to ensure the Clock 24 Protocol’s price stability and long-term viability by maintaining a consistent 0.018 percent rebase rate paid to all $C24 token holders every 10 minutes.

All of these elements have been coordinated by the Cx24.io development team so that they work seamlessly behind the scenes. As a result, $C24 holders now have a simple and elegant staking and rewards system.

Simply by purchasing and storing the $C24 token in your wallet, you can earn rebase rewards in the form of interest payments directly into your wallet. Every 10 minutes, your tokens will increase.

Using a Positive Rebase formula, Clock 24 allows token distribution to be paid directly proportional to epoch rebase rewards, worth 0.018 percent of the total amount of $C24 tokens held in your wallet every 10 minute epoch period. The rebase rewards are distributed to all $C24 holders on each EPOCH (10 minute rebase period). There are a total 52,560 EPOCK in a year.

The daily compounding rate is not linear, but exponential. For example, if you invest $1 for 1 year, you will have 1,284,615.72 $C24.

CAP uses a complex set of elements to support prices and rebase rewards. It also uses game theory and humanity to determine the most likely habits of those who buy tokens. Our development team has coordinated all these factors to work seamlessly behind the scenes. The result is a simple and elegant betting and rewarding system for $C24 holders. The

CAP is both powerful and flexible, and serves as the foundation for a variety of future Titanium products, services, and projects. Each transforms a different cryptographic space.

Cx24.io — A Comparison Between Clock 24 and Auto Staking Protocols!

Clock 24 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 $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.

Generating auto-fixed APYs every 10 minutes is the key value proposition of the Clock 24 platform. The main goal of our network is to provide exceptional APY to our users through innovative blockchain-based solutions. The essence of our services lies in long-term asset holding, which will multiply 144x per day and 52,560x per year, ultimately resulting in a high APY of 1,284,615.72% compounded APY. This innovative core engine and other additional features are the foundation of Clock 24, which distinguishes this protocol from other similar projects, and Olympus DAO forks.

Thus it is crucial, at this point, to draw a clear contrast between the product and service of Cx24 with other notable names, in order to avoid any misconceptions. Likewise, it is also absolutely necessary to differentiate the working of automated staking protocols with RFI to educate users about the loopholes in the latter’s framework.

Comparison between standard staking and auto-staking

By contrast, the basic deviating factor between standard staking and automated staking is the set of operations that takes place in each staking protocol. The former usually comprises of a lengthy manual procedure which follows a set of time consuming steps in order to stake one’s funds. Among all the hustling steps to be followed, the most frustratingly complex step is to find the right staking pool according to one’s priorities; this can be exhausting because of plethora of options available on the internet, all of which are similar in one way or another, ultimately confusing a beginner.

A sharp contrast between the two is drawn here

Standard staking is manual and auto-staking is automated by smart contracts.

Standard staking procedure comprises of multiple steps, while auto-staking comprises of a single step of initiating a stake, later it is carried away by the smart contract.

Standard staking offers linear returns, in contrast auto-staking offers exponential returns.

Standard staking has fixed APY, whereas auto-staking offers a rate or percentage APY, which increases over time.

Standard staking is beneficial in short term, while auto-staking yields highest returns in the long run.

Contrast between Cx24 and RFI

What is RFI?? RFI operates on a frictionless yield generation framework, which usually operate through imposition of 6% transaction fee on buying and 8& on selling, which is then automatically distributed among all token holders.

The key differences of RFI and auto-staking lies in following points

RFI reward through the distribution of 1% transaction fee, while Cx24 auto-staking offers a return of 1,284,615.72%.

RFI does not offers yield generation through staking

Although RFI offers return on token holding, however, in the long run token deflation off-sets any returns holders might have incurred previously.

Comparison with Olympus DAO forks

Olympus DAO is a pioneer in utilizing staking for incentivizing users. The network is a decentralized community that use staking and bonding to incite user participation in Olympus treasury. Through this technique the network captivates new input treasury.

Many other networks have either taken inspiration from the form or has 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 auto-compounding model.

Following factors draws a line between Cx24 and Safuu.

Safuu offers a staking reward every 15 minutes, whereas Cx24 has reduced this time to reward distribution, every 10 minutes.

Safuu offers return 96 time a day, and Cx24 offers 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%.

The second protocol, Titano is a fork of Olympus DAO. It’s comparison with Cx24 leads out following results

Titano offers a fixed APY of 102,483.52%, whereas Cx24 offers a fixed APY of 794,467%.

Titano propose a daily rate on investment of 1.8666%. On the contrary, Cx24 offer a daily compounding of 144 times.

Protocol procedure for liquidity management system

Our C24 liquidity management system will infuse automatic liquidity into the market every 36 hours. There is a 2% and 3% tax fee on each buy or sell order respectively, that is automatically stored in the CIF wallet, and built into our protocol’s smart contract is the process that smartly takes 50% of the amount of C24 stored in the wallet and will automatically purchase BNB at the current market price.

The remaining 50% of C24 within CIF wallet are used for the C24 side of liquidity, resulting in a split weighting of C24/BNB, which will then be automatically assigned as new, additional liquidity into market pairs, increasing the pool’s liquidity.

APY formulation for C24

The CX24.io protocol follows daily-interest compounding simple formulation
Where.

A is the future value of your investment
P is the principle investment
r is the interest rate in decimals
n is the number of time interest compounded in the given time
t is the total time period for investment maturity

It should be noted that rate r and time t should be expressed in the same time units,such as months or years. Time conversions based on a 365-day year have 30.4167

Tokenomics

$C24 is a BEP-20 token which is hyper-inflationary in nature. This native currency dispenses properties essential for passive income generation through 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 fork of any other project.

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 evolution of attainability.

fee structure

The buying and selling fee structure are crucial for the protocols performance as this collected fee is used for several feature’s maintenance and offer

The 6% buying fee is broken down as follow:

2% for liquidity pool

1% for insurance/ development fund

2% for treasury funds

1% for burning

The 8% selling fee is broken down as follow:

3% for the liquidity pool

3% for the treasury fund

1% for the insurance fund

1% for burning

Roadmap