CLV Monthly Update — May 2022

CLV (previously Clover Finance)
5 min readJun 6, 2022

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We are happy to bring you this first edition of the Monthly Update. The Monthly Update is a summary of work accomplished by the CLV team every month. For our inaugural edition, we highlight our accomplishments for May.

As we continue to move further into the web3 future., we achieved significant milestones in the previous month with the launch of. On Twitter, we grew to over 172.5K followers strong. Woah, thank you, CLV fam! It’s because of you that we’re that much stronger.

Let us take you through May at CLV!

⚡️KEY HIGHLIGHTS & ECOSYSTEM UPDATES⚡️

Behind the scenes and under the hood: We’re here to keep the ball rolling and announce some exciting ecosystem updates. The team has been hard at work to come up with some exciting new ecosystem developments, and we’re confident you’ll love them as well!

🔹The CLVscan Release:

We recently announced the launch of CLVscan.com, An all-in-one blockchain infrastructure to help users in exploring comprehensive insights into the CLV chain and the CLV Parachain transactions. Users can conduct more user-friendly searches for addresses, tokens, name tags, labels, and websites. The CLV community highly appreciated the newly launched explorer.

🔹CLV Ecosystem Grants Launch:

With the launch of the CLV Ecosystem Grants program, we aim to support developers in building key tools, infrastructure and decentralized applications on top of the CLV Chain. The program also provides direct technical support, and access to our connections with industry experts, investors, researchers and exchanges. Go to this website for more details.

⚡️DEV UPDATES⚡️

CLV Chain

  • Completed Cross-Consensus Message Format (XCM) integration testing, will be supporting assets from and to Polkadot Parachains
  • Completed XCM fee distribution mechanism testing
  • Polkadot native tokens to CLV EVM token Conversion Development is almost complete
  • Sakura High-Performance Chain Development

CLV Wallet

  • CLV Wallets UX Improvements — now CLV Parachain EVM and Polkadot Address will be automatically binded.
  • Support Bitcoin, Doge, IoTeX and a few more chains.
  • Add Solana dApp native support to CLV Mobile Wallet.
  • CLV Mobile Wallets now support third-party dApp evoke and connect.
  • More liquidity staking functions are under development

Miscellaneous

  • Additional blockchain explorer development based on Blockscout
  • Final testing of CLV universal cross-chain
  • Design of Sakura Station

⚡️STRATEGIC PARTNERSHIP⚡️

Over the past month, We’ve solidified our position in the crypto space with an incredible partnership.

Let’s dive into the details of our strategic partnership:

DIA Meets CLV: DIA’s Oracles are live on the CLV Chain

We’ve partnered with one of the leading cross-chain open-source data and oracle platforms., DIA.org. DIA’s unique open-source oracle infrastructure will enable our EVM compatible ecosystem dApps to tap into 6k+ digital asset price feeds, 20k+ traditional asset price feeds, and a range of lending rates, FX rates and other data feeds. With DIA being the first and go-to oracle solution for the CLV ecosystem, CLV is now ready to support a wider range of applications beyond DeFi and across multiple chains, and cater to growing ecosystem demands.

⚡️INTEGRATION⚡️

We believe integrations are the heart of our business which enables us to stay competitive and bring new users to our platform each day, here is the list of May integrations:

Pledged capital Enters CLV Ecosystem

The CLV Chain and CLV Wallet have been integrated into Pledged Capital’s platform to give investors robust access, security, and transparency, as well as the ability to access their platform through a different wallet, adding compatibility across multiple platforms.

CLV 🤝Binance Connect

Binance connect, the fiat to Crypto payment provider, is now a part of the CLV ecosystem with the integration of the CLV wallet into their DeFi lego to expand crypto access globally allowing more users to buy & sell crypto.

Cougarswap Joins CLV Ecosystem

Another important integration of the month marks the integration of Cougarswap with CLV Wallet. This integration will bring unparalleled cross-chain compatibility to CougarSwap and help them to achieve their vision of the higher the better.

⚡️COMMUNITY ACTIVITIES⚡️

To keep expanding and growing our communities, we launched several campaigns, Joint initiatives and AMA events to educate and engage the community with our products. It was a great opportunity to reach new community members and bring them to the web3 future.

CLV X Seasonswap X Multichain twitter giveaway campaign

Following the partnership with Multichain, we launched a special giveaway GLEAM CAMPAIGN with SeasonSwap and Multichain with the vision to expand the community and bring new users to the platform.

Mint Lucky Clover NFTs

May 2022 saw the launch of an exciting NFT Minting campaign #LuckyCloverNFTs where our community was invited to Mint lucky clover NFTs and stand a chance to win CLOVER LUCKY BOX.

CLV Staking on Binance

Binance Staking launched a series of new high-yield CLV Locked Staking activities. CLV community got a chance to participate and earn up to 11.98% APY by staking their CLV token on Binance.

Cross-chain Event and Joint NFT campaign

We also co-hosted a cross-chain event and joint NFT campaign with Multichain. The total prize pool of the event was $35,000, made up of $5000 lucky rewards, $12,000 Super airdrop, and $18,000 random airdrop. The joint campaign aimed to deliver our users a fun experience while earning bountiful prizes. The event was a big success, with the influx of new users to CLV.

Read more: https://medium.com/@clv_org/clv-x-multichain-x-seasonswap-x-project-galaxy-joint-campaign-b4d053d85671

CLV Wallet Bug Bounty Campaign

We announced the CLV Wallet Bug Bounty Campaign with the reward Pool of 100,000 CLV! The goal of this campaign is to provide more advanced and improved services on our multi-chain wallet and to encourage customers to use our wallet.

Read more: https://medium.com/@clv_org/clv-wallet-bug-bounty-campaign

AMA with Seasonswap

Our DeFi Arm, Seasonswap held a Twitter AMA with the community where they invited the community to drop their

burning questions and announced a reward of $100 in CLV to 10 lucky winners. It was a fascinating AMA session where we got an overwhelming response, we handpicked and answered top questions covering a wide range of Seasonswap topics.

https://twitter.com/seasonswap/status/1523586735888007168?t=q4FrlOo4uhrEsKgt9D237A&s=19

Looking Ahead

CLV’s evolution, development, and robustness remain the top priority for the upcoming month. We will look to further expand our horizons with new integrations, partnerships and activities while fulfilling the mandate of a Web3 future. If what we achieved in the past month is any manifestation of what’s possible for CLV, the next month has even more in store!

We can’t wait to show you all what we have in the pipeline — BIG plans coming, so stay tuned for another exciting update next month!

About CLV

CLV (previously Clover Finance) is a one-stop infrastructure platform for cross-chain and decentralized applications.

The CLV chain is a Substrate-based specialized Layer 1 chain that is EVM compatible and cross-chain interoperable. The CLV wallet is a multi-chain all-in-one wallet, for Day-to-Day, DeFi, and Gaming purposes.

Featured by Coinlist as one of the most noteworthy projects in 2021 and backed by major industry institutions such as Polychain Capital, Alameda Research, Huobi and OKex’s Ventures Arm, with our multi-dimensional products lineup, CLV uniquely positioned itself as “Passport to the Omniverse”.

Stay updated on new partnerships and features our team implements by following us on:

[Website] [Telegram] [Discord] [Twitter] [Github] [CLV Documentation]

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CLV (previously Clover Finance)

CLV is a one-stop infrastructure platform for cross-chain and decentralized applications. https://clv.org/