London, England–(Newsfile Corp. – December 7, 2021) – Clover – a substrate-based specialized Layer 1 blockchain that is EVM compatible and cross-chain interoperable, made for scaling dApps in the multi-chain universe – is currently bidding for the Polkadot Parachain slot, trending at 5th place. Once a slot is secured, Clover blockchain will become one of the first parachains to bring a unified multi-chain experience to the Polkadot ecosystem.
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Besides the Clover blockchain, Clover Finance is delivering this goal by offering its unique range of products, including CloverScan, a multi-chain blockchain explorer, and a popular choice of crypto wallet called Clover Wallet, currently available in extension, mobile and web.
The Multichain Future Isn’t Supposed To Mean a Multi-chain War
Polkadot was started in 2017 by one of the founders of Ethereum, Dr. Gavin Wood. He built Polkadot to allow developers to create their own blockchain that can talk to other ledgers, forming a system of parachains. This is not to say that Polkadot is trying to compete against Ethereum and its popular Ethereum Virtual machine (EVM). EVM is the software inside Ethereum’s blockchain that allows it to execute smart contract bytecode. Polkadot is a system of interconnected parachains that will assist the implementation of smart contracts.
Being a parachain of Polkadot, Clover blockchain has its own interoperable protocols that allow it to support applications and assets from the Ethereum blockchain, Solana, the Binance Smart Chain, and etc. Infrastructure is made ready for multi-chain decentralization, and also further supports future’s new blockchains.
The Gateway Between Real-World and Metaverse
Without a doubt that the crypto wallet is becoming a necessity, people access the world of crypto by using wallet applications. Crypto wallets keep your private keys – the passwords that give you access to your cryptocurrencies – safe and accessible, allowing you to send and receive cryptocurrencies in a non-custodial way while providing a space for interaction with decentralized applications.
Clover Wallet is available in all frontends from Google Extension, IOS mobile, Android mobile and Web. Just like the Clover Blockchain, Clover Wallet’s is multi-chain compatible and allows users to be connected to different networks at the same time. Optimized for DeFi (Decentralized Finance) users and gamers, it’s ready to be the ‘wallet-for-all’. Clover Web Wallet implemented a social-login option, allowing users to log in through channels such as Twitter, Facebook and discord, replicating the experience in the Web 2 world.
“Built for the next 100M Crypto Users, Clover wallet aims to bridge the gap between first-time crypto users and crypto natives, offering both user-friendly and easy-to-navigate interface,” said Norelle Ng, Founder of Clover Finance.
Institutions Getting Behind Clover Finance
Featured by Coinlist as of 2021, and backed by major industry institutions such as Polychain Capital, Alameda Research, Huobi and OKex’s Ventures Arm, Clover Finance has one of the strongest institution lineups in the crypto space.
Its token Clover (CLV) was launched in April 2021. Being the most liquid Polkadot parachain candidate token to-date, it’s now tradable on all major crypto exchanges such as Coinbase, Binance, FTX, Huobi and OKEx.
Clover has designed a perfect and intuitive gateway to Defi for non-crypto users to seamlessly transition from traditional finance to the world of decentralized finance. The platform has reinvented feeconomics to simplify user experience and help users with no associated ETH tokens to send transactions directly onto the Ethereum network.
The platform puts together a large user base and merges different projects into a one-stop open and integrated financial service platform on Polkadot.
To know more about Clover, visit their social networks, https://linktr.ee/cloverfinance.
Company: Clover Finance
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