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The notion of saving money is changing continually with almost every era. Previously, people used to keep their lifelong earnings in banks (a few of them still do). However, in the last few years, the banksâ interest rate has gone down massively.
Thus, the currency you are trying to save in the bank tends to depreciate gradually. ETFs and traditional stocks can be a decent option, as well. Nevertheless, in some cases, they can be pretty risky too.
Thus, if you are looking for a reliable option, then CLEVER DeFi can be an ideal solution for you. In essence, it is a decentralized platform, which grants fortnight-based interest rates without any strict contract at all. Furthermore, it also offers conventional investments and savings.
CLEVER DeFi â What Is It?
CLEVER DeFi is a blockchain-based medium, which aims to create a flexible ecosystem for offering different revenue-making solutions. Due to this, the usage of blockchain technology can contribute to earning through an automated interest cycle.
How Does It Work?
The creator of CLEVER DeFi, Bryan Legend has built it up on the stable Ethereum Network. Thus, the platform can provide an exclusive smart contract, deploying a DDM (Decentralized Distribution Mechanism). The module runs for a regular cycle, which provides a specific amount of interest to the investors. It will last for around 888 cycles (34 years).
As you probably already know, each of these cycles tends to last for 14 days. Once the 14th day arrives, the module starts distributing the interest to the beneficiaries. However, to receive the payment, you will need to hold at least one CLVA token. One of the DDM moduleâs prominent features is that you cannot change it, as it operates directly on the Ethereum platform.
What are the Benefits of the System?
Since its launch, the CLEVER DeFi system has been storming over the market of cryptocurrency. It is well-designed, convenient, and offers a decent interest rate. Moreover, it can be beneficial for you in several aspects as well. Letâs check them out a little bit.
- Easy to Mint: Minting your own CLEVER Tokens is easy. You donât have to undergo any distressing paperwork or any verification method to create any account at all. The encryption level of the DeFi system is quite advanced. Thus, it will be almost impossible for anyone to decrypt it.
- Long-Lasting: The mechanism of the CLEVER DeFi gateway will be active for 888 cycles, which refers to a duration of around 34 years. You can receive a high-interest rate from the platform throughout your life.
- No Inflation: The sum of reward in CLEVER DeFi tends to reduce after every cycle. Thus, there is no need to worry about a massive inflation rate at all.
Conclusion
So, if you are considering opting for a long-term investment, then the CLEVER DeFi should be ideal for you.
Disclaimer
The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.