Frequently Asked Questions on CLV
CLV was created to bridge the gap that exists in blockchains as it regards interoperability and compatibility.
Although created in May 2020, CLV was listed as one of the CoinList Seed Winter 2021 alumni and later successfully held the initial token offering event on CoinList in April 2021. To further implement its core aim of interoperability and compatibility, CLV won the 5th Parachain slot on Polkadot in December 2021. This enables it to be one of the first to bring full-suite decentralized applications to the Polkadot ecosystem.
While CLV is a good blockchain ecosystem, some users still find it challenging to understand some concepts as regards CLV. This blog post will address a few such questions.
FAQs on CLV
Why did the team change the vesting period from 6 to 12 months?
- The vesting period date was not changed. The TGE (token generation event) was postponed, thus, all the releasing dates came afterward.
When is the distribution of rounds 1 and 4?
- Rounds 1 and 4 will be unlocked on July 15, 2022. To get more information about this, you can read this documentation.
Where can I see the Roadmap?
- CLV has a detailed roadmap that outlines our achievements and goals for the coming months. You can have a look at our roadmap in the documentation.
Why did the team perform rebranding?
The CLV rebranding from Clover finance enabled the team to pursue a more accessible approach to a broader audience group and incorporate the web3 future. While a rebranding was carried out, the ecosystem’s core value proposition, which is to build a foundational platform that serves decentralized applications to people, isn’t changed.
What is wCLV? Is it the same as CLV?
- wCLV is the representation of the CLV token on the Ethereum network under its ERC20 token standard. They represent the same value, just on different networks.
Conclusion
The CLV ecosystem was founded to bring more utility to the blockchain space and enable users to have a seamless trading experience. This blog post highlighted a few questions we have come across concerning the CLV ecosystem. If you have more questions regarding the CLV ecosystem, do well to drop them in the comment section, and we will give you an answer.
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”.
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