CX24 - First Resource Increase Convention

in #blockchain • 3 years ago

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This document does not constitute an offer of securities or an invitation to invest in securities. This white paper is intended to provide information about CX24.io's features and technical structure, as well as the services provided by the project. Based on the information contained in the documentation, readers can comment on our project.

This information is sufficient for direct users and investors. However, the information contained in this document is for informational purposes only. So we do not take any responsibility.

This white paper is a living document and is prone to errors and administrative changes. The information presented may not be interpreted as a service commitment between stakeholders. In addition, the specific statements and estimates contained in this document are the product of optimism. This is either just information or future ideas that have not been realized at a particular moment.

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Introduction
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.

Comparison Of CX24.io With Other Olympus DAO Forks

Wonderland

● Fork of Olympus DAO
● Blockchain: Avalanche
● Policy controlled currency system
● Offers APY of 79,000%

Rome Dao

● Olympus DAO fork
● Blockchain: Moonriver, which is layer-1 solution on Polkadot
● Aims to be a reserve currency of Kusama and Polkadot
● Emphasis on earning through gamification

TaiChi Dao

● Olympus DAO fork
● Blockchain: BSC
● TVL 1.5 million
● Offers APY of 201,000%

CX24.io

● Not a fork of Olympus DAO
● Blockchain: BSC
● Aims to provide forever yield farming
● Offers 1,284,615.72% APY
● Provides automated returns
● Has RFI feature
● Follows rebase token strategy

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Utilities Of CX24.io

The CX24.io convention has a few utilities that recognize this convention from Olympus DAO forks. These distinctions likewise give a market edge to CX24.io. These utilities are momentarily talked about in this segment.

  • $C24 utility token
  • Convention administration
  • $C24 protection
  • Robotized safe marking technique
  • High APY
  • Auto-intensifying convention
  • $C24 auto-consuming
  • CX24.io rebase tokenomics
  • CX24.io protection reserve
  • C24 depository
  • The consuming pit
  • Liquidity the board

The $C24 Insurance Fund, contracted CIF, is a different wallet in C24’s XAP framework. The TIF utilizes a calculation that supports the Rebase Rewards and is subsidized by a part of the trade exchanging charges collected in the CIF wallet.

Simply put, the CIF boundary backs the marking rewards (rebase rewards) that are conveyed at regular intervals at a pace of 0.018 percent, guaranteeing a high and stable loan fee to $C24 token holders. The C24 Insurance Fund holds 2% of all exchanging expenses, which assists with supporting and back the marking rewards given by the positive rebase.

  • C24 protection store CIF’s properties
  • Decrease of chance related with drawback
  • Guaranteeing long haul development congruity by keeping up with steady development levels
  • Guaranteeing cost strength through rebase system

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Fee Structure

The trading expense structure are essential for the conventions execution as this gathered charge is utilized for a considerable length of time support and deal. The 6% purchasing expense is separated as follow :

  • 2% For liquidity pool
  • 1% For protection/improvement reserve
  • 2% For depository reserves
  • 1% For consuming

The 8% selling charge is separated as follow :

  • 3% For the liquidity pool
  • 3% For the depository reserve
  • 1% For the protection store
  • 1% For consuming

Clock 24 will send off its local token $C24 on April 26th 2022, 13:00 UTC , which assurances to offer both fair and genuine cost revelation for its members, in the interim staying away from token weakening through VC or private-deal finances control. Financial backers can before long partake in the fairlaunch over the PinkSale.finance, which will happen as an Initial Liquidity Offering (ILO) on the Pinksale site. The C24 group anticipates seeing all intrigued members at the presale on PinkSale Launchpad!

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 evolution of attainability.

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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.

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  • Website Development
  • Whitepaper Documentation
  • Build Phase - Smart Contract
  • Build Phase - dApp V1 Dashboard
  • Deployment Phase - Smart Contract - Testnet
  • Solidity Finance Audit
  • Deployment Phase - Smart Contract Deployment - Mainnet
  • Deployment Phase - dApp V1 Dashboard
  • Initiate and Promote Discord Community
  • PR Marketing
  • Bounty Campaign
  • Pre-Launch Marketing
  • Fair Launch on PinkSale
  • PinkLock Liquidity Locked 13.5 years
  • Twitter Marketing Campaign
  • YouTube Marketing Campaign
  • CoinMarketCap Listing
  • Certik Application
  • Certik Listing
  • Certik KYC
  • Certik Audit
  • CoinGecko Listing
  • DappRadar Listing
  • Airdrop Campaign
  • SEO
  • 5,000 Token Holders
  • 10,000 Token Holders
  • 15,000 Token Holders
  • 20,000 Token Holders
  • 50,000 Token Holders
  • 100,000 Token Holders
  • Build Phase - dApp V2 Dashboard
  • Deployment Phase - dApp V2 Dashboard
  • On Ramp Integration
  • Cross-Chain Integration
  • Partnerships
  • Development Mobile Application iOS and Android
  • Launch Alpha Version Mobile Application iOS and Android
  • DAO
  • Merchandising
  • NFT Collections

ACCURATE INFORMATION

AUthor

Bitcointalk Username : erwin_ibrahim
Bitcointalk profile Url : https://bitcointalk.org/index.php?action=profile;u=1061924
BSC wallet address : 0xc33a8fD9c68F4fEe836E4F83FC8C1A483D318baF
Telegram : @erwinibrahim

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