Trending now

Imbalance Academy FX is a One-Stop Shop…

Imbalance Academy FX Offers One-On-One Consultation to…

Rejolut Launches Cupsaucer Design System to Empower…

Reputation House Unveils Its Extensive Study on…

MVL Named ‘Top 5 Blockchain Solution Companies…

SWFL Golf Carts is Proud to Carry…

SWFL Golf Carts is Dedicated to Providing…

Serenity Trends: Redefining Pet Fashion with a…

All Smiles Family Dentistry Helps Patients Achieve…

Introducing the New Hot Tub Products Range:…

Mrjung.net

  • Ethereum
    • Ethereum

      The Anatomy of Anonymity: How Dandelion Could Make…

      September 13, 2018

      Ethereum

      A Newly Launched Stablecoin You’ve Never Heard of…

      September 13, 2018

      Ethereum

      Bitstamp: An Overview of the Industry’s Oldest Active…

      September 13, 2018

      Ethereum

      Bitcoin Price Analysis: Strong Rally Tests Trend-Changing Behavior

      September 13, 2018

      Ethereum

      Bitcoin as a Privacycoin: This Tech is Making…

      September 13, 2018

  • Bitcoin
    • Bitcoin

      Abra CEO Believes Bitcoin ETF Eminent, SEC Just…

      September 13, 2018

      Bitcoin

      Mt. Gox Opens Rehabilitation Filing System to Corporate…

      September 13, 2018

      Bitcoin

      World Economic Forum and the Chinese Cryptocurrency Space

      September 13, 2018

      Bitcoin

      Federal Judge Applies Long Established Securities Law to…

      September 13, 2018

      Bitcoin

      Biking Across America, Crypto Cyclists Look to Raise…

      September 13, 2018

  • Markets
    • Markets

      OKEx Founder Released After Questioning in Connection With…

      September 13, 2018

      Markets

      Two-for-One: SEC Slaps Crypto Hedge Fund, Broker With…

      September 13, 2018

      Markets

      Ripple and R3 Reach Settlement in Year-Long Court…

      September 13, 2018

      Markets

      DevCon 4 Will Set the Stage for Ethereum’s…

      September 13, 2018

      Markets

      Stellar-Based Lightyear Acquires Chain, Forms New Entity

      September 13, 2018

  • Guides
    • Guides

      Bitcoin Magazine’s Week in Review: Lightning, Launches and…

      September 13, 2018

      Guides

      Equity Trust Builds New Frontier of Crypto-Based Retirement…

      September 13, 2018

      Guides

      Crypto, Blockchain Companies Shine in LinkedIn’s Top 50…

      September 13, 2018

      Guides

      Distributed Dialogues: Governance and Decentralized Platforms

      September 13, 2018

      Guides

      Battle of the Privacycoins: Why Dash Is Not…

      September 13, 2018

  • Analytic
    • Analytic

      Bitcoin crash: This man lost his savings when…

      September 13, 2018

      Analytic

      Bitcoin crash: This man lost his savings when…

      September 13, 2018

      Analytic

      Lightning Ramp and Casa Join Hands to Develop…

      September 13, 2018

      Analytic

      You Can Now Pay With Bitcoin Via Lightning…

      September 13, 2018

      Analytic

      Abra Supports SEPA Bank Transfers, Enabling Crypto Purchases…

      September 13, 2018

  • Exchange
    • Exchange

      IBM Introduces ‘World Wire’ Payment System on Stellar…

      September 13, 2018

      Exchange

      Lightning Is Made at the #LightningHackday Series in…

      September 13, 2018

      Exchange

      Pellentesque mattis ex eget malesuada consequat. Sed blandit…

      September 13, 2018

      Exchange

      Goldman Sachs Puts Plans for a Crypto Trading…

      September 13, 2018

      Exchange

      Pellentesque mattis ex eget malesuada consequat. Sed blandit…

      September 13, 2018

  • Contact
Mrjung.net
News

CX24.io: First Asset Multiplication Protocol in every 10 minutes – Auto Staking Upto 382,945% APY

by Binary News NetworkMarch 21, 20220209

TALLINN, ESTONIA, 20 March 2022, ZEXPRWIRE, 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.

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.

Staking – Easy and Safe 

The C24 tokens always stay in your wallet; it doesn’t need to be put into the high risk staking contract. All you need to do is buy & hold it and automatically multiply rewards in your own wallet so there’s no need to learn about the stake/unstake mechanism and also avoid paying an additional tax fee on staking operations.

CX24.io insurance fund 

The $C24 Insurance Fund, abbreviated TIF, 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 TIF wallet. Simply put, the TIF 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.

  • Reduction of risk associated with downside 
  • Ensuring long term growth continuity by maintaining constant growth levels 
  • Ensuring price stability through rebase strategy

C24 Treasury 

The Treasury is very important in the C24 CAP protocol. It performs three critical functions for the growth and long-term viability of CX24.io. The treasury serves as an additional source of funding for the CIF. This additional support could be useful if the $C24 token’s price falls dramatically. It contributes to the establishment of a floor price for the $C24 token.

The Burning Pit
The burning Pit consumes 1.0 percent of all $C24 traded. The more that is traded, the more that is added to the fire, causing the fire pit to grow in size, larger and larger through self-fulfilling Auto-Compounding, reducing the circulating supply and maintaining the C24 protocol stable.

Liquidity management
Liquidity can be thought of as a large pool of money that is split into half between $C24 and $BNB tokens. There is a conversion ratio that is set to the amount of $C24 that can be obtained through BNB, for example: 1 BNB equals 36.44 C24.

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 days/month and 91.2501 days/quarter. There are 360 days in a year, with 30 days per month and 90 days per quarter. In the present case: If the user invests $1000 worth $C24 for a period of 1 year at 0.018% compounding every 10 minutes. He will have $7,944,670 C24 after his investment maturity.

SSD Vision & Mission
Our mission and vision is to revolutionize the reward generation mechanism with our very first and unique protocol that has advanced profit making. C24 protocol is equipped with innovative technologies and features that other forks lack. We aim to provide auto staking and reward multiplication protocol in the crypto space. The clock24 is the future of the traditional staking system.

Social Media

  • Website: http://cx24.io/
  • Whitepaper: https://cx24.io/whitepaper.pdf
  • Medium: https://clockx24.medium.com/
  • Github: https://github.com/clockx24
  • Telegram: https://t.me/clockx24
  • Twitter: https://twitter.com/clockx24
  • Facebook: https://www.facebook.com/Clockx24
  • YouTube: https://www.youtube.com/channel/UC4GvfpAF55seSaR73C_sLRQ
  • Reddit: https://www.reddit.com/user/clockx24
  • Contact: [email protected]

The post CX24.io: First Asset Multiplication Protocol in every 10 minutes – Auto Staking Upto 382,945% APY appeared first on Zex PR Wire.

Information contained on this page is provided by an independent third-party content provider. Binary News Network and this Site make no warranties or representations in connection therewith. If you are affiliated with this page and would like it removed please contact [email protected]

Share0
previous post
Hooksounds new version website release comes with the latest features
next post
Jaron Ikner Prepares Multimedia Blitz With Release of The Bond Trailer
Binary News Network

Related posts

Sam Kahn Talks About Why Being Able To Evaluate Others Is Integral to Business

Binary News NetworkFebruary 19, 2022

Introducing: Cnc Cadillac a rap artist with a dream

Binary News NetworkApril 25, 2021

Chairperson IFSCA delivers a Keynote address on “Policy Dialogue -Directing ESG Governance for the Financial Industry “at Singapore Fintech Festival 2022

Binary News NetworkNovember 5, 2022

Recent Posts

  • Imbalance Academy FX is a One-Stop Shop for The Most Comprehensive Forex Trading Courses
  • Imbalance Academy FX Offers One-On-One Consultation to Help Beginners in Forex Market
  • Rejolut Launches Cupsaucer Design System to Empower DApps with Intuitive Design Principles
  • Reputation House Unveils Its Extensive Study on Dubai’s Real Estate Market Highlighting the Leaders of Online Presence
  • MVL Named ‘Top 5 Blockchain Solution Companies in Korea 2023’

Popular posts

GMCoin signs as official sponsor for esports platform...

Binary News NetworkMarch 15, 2021
March 15, 2021

Retinal Imaging Devices Market Is Anticipated To Progress...

Binary News NetworkJanuary 19, 2023
January 19, 2023

LBank Exchange Will List Apollo Inu (APOLLO) on...

Binary News NetworkMarch 4, 2022
March 4, 2022

Cloud Discovery Market Is Forecasted To Climb To...

Binary News NetworkJanuary 23, 2023
January 23, 2023

Doki Doki Files Patent Application for Audio Augmented...

Binary News NetworkSeptember 28, 2021
September 28, 2021

Buying a Premium Quality Baseball Jersey Outfit From...

Binary News NetworkAugust 21, 2022
August 21, 2022
@2022 - mrjung.net. Manage by Binary News Network
Mrjung.net
FacebookTwitterInstagramGoogleYoutube
  • Ethereum
  • Bitcoin
  • Markets
  • Guides
  • Analytic
  • Exchange
  • Contact