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Clover Finance is a blockchain infrastructure platform with substrate as the underlying architecture, focusing on improving the cross-chain compatibility of DeFi and the interoperability between different chains. By implementing EVM-based applications, developer tools, Clover Finance Scan and Clover Finance multi-chain wallet, Clover Finance will bring users the smoothest and most cutting-edge multi-chain DeFi experience.
Clover issues tokens as CLV, which represents the value of Clover. CLV will be used for the following functions:
Staking to maintain its own consensus mechanism.
Used in the market as a transaction fee.
Entitled to dividends from Clover's profits.
Clover governance mechanism for elections and voting.
Clover Finance provides a base layer for DeFi applications to run smoothly. Its goal is to lower the development threshold for upper-layer applications and form a low-gas fee layer to simplify user experience, while providing a wide range of development tools from identity-based scripting functions to built-in cross-chain interoperability. Clover Finance will use the Substrate framework to integrate a huge user base and different projects into a one-stop open comprehensive financial service platform.
In addition to the basic layer itself, Clover Finance has also built various cross-chain wallets from desktop to mobile to meet the multi-level needs of users using DeFi applications. The platform token CLV is the Gas of the Clover Finance platform and empowers the entire platform. In its gas-free transaction, the ERC token used to act as a gas fee will be liquidated as CLV in the market. Clover Finance EVM aims to attract developers who can further drive usage and fees of the platform. Another function of CLV is the governance token of the platform. CLV token holders can participate in voting to modify platform parameters.