About Clever DeFi

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FAQ

CLEVER is a DeFi (decentralized finance) protocol fashioned to automatically provide yield payments to its token holders.According to the whitepaper, CLEVER has deployed a preprogrammed routine cycle schedule for yield payments that seeks to take 888 nights to complete. Additionally, the automatic distribution of yield payments aims to happen on-chain without any need for customer involvement. On-chain refers to the type of transactions that are publicly recorded and validated on a blockchain.

The CLEVER DeFi protocol seeks to derive its value from the advanced DDM (decentralized distribution mechanism). The CLEVER platform has already embedded DDM within its smart contract, which means that no changes or alterations can be made. Smart contracts are just like regular contracts; however, instead of being drafted on paper, these contracts run in the form of protocols on the blockchain. This method aims to result in higher levels of security and safety for the network users. Moreover, the DDM has a unique ruleset that seeks to facilitate CLEVER’s automatic cycle schedule. The DDM aims to trigger a preset upon each new 14-day cycle to automatically mint CLVA (the native CLEVER currency) and distribute the allocated amount of CLVAs to its holders. This preset cycle schedule seeks to help increase market capitalization along with accelerating the value of a CLVA token.

Apart from this, CLEVER seeks to make sure that every single wallet on the Ethereum network that holds any amount of CLVA becomes an eligible entity to receive the yield payments. The token holders can earn up to 11% yield with compound interest, as the CLEVER whitepaper claims. Moreover, the CLEVER DeFi protocol never locks users’ CLVA into any term or staking period, meaning that the users are free to transfer or exchange their CLVAs anywhere within the cycles.

Bryan Legend is the founder and CEO of the CLEVER DeFi ecosystem, and CLVA is the official token of the platform. The total maximum supply for CLVA is 9,519,539.

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