Announcing Clover3D

Clover Protocol 🍀
3 min readOct 12, 2020

A unique staking pool on top of UniSwap V2

Disclaimer: Please do not participate if you do not know what you are doing.

Join the pool: https://clv3d.surge.sh
More information on Clover: https://clv.surge.sh
Telegram: t.me/clvfi

Clover3D is a first of its kind liquidity staking pool. It adds another layer of rewards to liquidity providers in two distinct ways. First is the C3D token which increases in value as more liquidity is staked into Clover3D and second by rewarding LP stakers with dividends that are generated from the entry and exit fees of the staking pool. when you Stake your CLV-ETH LP tokens into the Clover3D pool, you pay a 4% entrance fee and receive the C3D token. The C3D token can be swapped back to your CLV-ETH LP tokens at any time for another 4% fee but as long as you hold the C3D token, you automatically earn LP tokens in the form of dividends which can be withdrawn at any time from the fees of other C3D buyers and sellers. This model is similar to the popular proof of weak hands hourglass game, but being done for the first time for Liquidity providers.

Interface Guide

Note that ALL LP token units are in mwei instead of ether because there only exists ~0.000002 LP tokens due to decimals. This is purely visual, like showing Bitcoin as Satoshis.

Contract Balance: the total amount of LP in the contract. This is owned by C3D token holders.

Buy price: How much 1 C3D token is worth to purchase
Sell price: How much 1 C3D token is worth to sell

The Buy price goes up by slowly as participants buy, and goes down as participants remove liquidity from the pool. Note that there is a 4% fee on every buy and sell that goes to existing C3D holders.

Your dividends: These are what you have earned from other C3D participants! Any time another user buys or sells C3D tokens, you get paid in LP. These are available immediately and withdrawable at any time. You can choose to reinvest your LP dividends back into C3D at your own choice.

Buy & Sell. This is where you can convert your LP tokens into C3D and vice versa. There is a 4% fee any time you buy or sell that goes to all C3D holders who did not sell. Again the LP is displayed in mwei units because humans have a hard time dealing with values like 0.00000001

If you want a basic guide to C3D, let it be this: The idea is to incentivize long-term poolers over poolers that aren’t here for the long term. It’s often stated that liquidity has no loyalty, but if you change the incentive structure that might not be the case. If you decide to get involved in this game your best bet to succeed is to be patient for the pool to fill up. the 4% fee isn't insanely high so there should be relatively high turnover for new participants. The price should not step up/down too harshly to increase the longevity and long-term goal of this product to increase liquidity.

Clover3D should be coming tonight, stay tuned.

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Clover Protocol 🍀

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