What Is Clock 24?(C24)
Asset multiplication every 10 minutes! Clock 24 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.
Important Points Table Of C24
| Basic | Points |
|---|---|
| Coin Name | Clock 24 |
| Short Name | C24 |
| Max Supply | 500,000,000 |
| Explorer | Click Here To View |
| Documentation | View Document |
| Website | Click Here To Visit |
How to Buy the C24 Coin & Trade On Exchange?
Utilities of CX24.io
The CX24.io 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: apy $C24 also provides the facility of protocol governance.
● $C24 insurance:
Clock 24 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. 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 miss any payment.
Auto-compounding protocol
The auto-compounding protocol of CX24.io pays users every 10 minutes in a day, making a total of 144 payments in a day. This figure makes CX24.io the fastest auto-compounding protocol on the network.
$C24 auto-burning
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.
CX24.io rebase tokenomics
To support its price and rebase rewards, the CX24.io employs a complex set of factors. It includes the $C24 Clock Insurance Fund (CIF), which acts as an insurance fund to ensure the C24 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.
CX24.io insurance fund
The $C24 Insurance Fund, abbreviated CIF, is a separate wallet in C24’s XAP system. The TIF employs an algorithm that underpins the Rebase Rewards and is funded by a portion of the buy and sell trading fees accumulated in the CIF wallet. Simply put, the CIF parameter backs the staking rewards (rebase rewards) that are distributed every 10 minutes at a rate of 0.018 percent, ensuring a high and stable interest rate to $C24 token holders. The C24 Insurance Fund holds 2% of all trading fees, which helps to sustain and back the staking rewards provided by the positive rebase. C24 insurance fund CIF’s properties
. Reduction of risk associated with downside
● Ensuring long term growth continuity by maintaining constant growth levels
● Ensuring price stability through rebase strategy
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 a 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 evol