Clover is a blockchain operating system that provides a Substrate-based Layer 1 chain, compatible with Ethereum Virtual Machine (EVM), enabling seamless cross-chain transactions and efficient dApp development. It addresses the challenges of high gas fees and interoperability by redistributing transaction fees to developers and allowing gas fees to be paid in the same token as the transaction.
Funding
Funding not disclosed
Founders
Product
Problem
High gas fees and lack of interoperability across different blockchain networks hinder the development and adoption of decentralized applications (dApps). Developers face challenges in creating efficient and cost-effective cross-chain solutions.
Solution
CLV provides a Substrate-based Layer 1 blockchain operating system that is compatible with the Ethereum Virtual Machine (EVM), enabling seamless cross-chain transactions. CLV addresses the issue of high gas fees by redistributing a portion of transaction fees to dApp developers, incentivizing innovation and productivity. The platform's smart relayer technology allows users to pay gas fees in the same token as the intended transaction, eliminating the need for the base cryptocurrency. CLV also offers multi-chain indexing across Bitcoin, Ethereum, Binance Smart Chain, and Polkadot, providing a streamlined environment for exploring transactions and accounts across different blockchains.
Target Audience
The primary target audience includes dApp developers, DeFi projects, and users seeking efficient and interoperable blockchain solutions.
Features
- Substrate-based Layer 1 chain with EVM compatibility
- Gas-fee redistribution mechanism to incentivize dApp developers
- Smart relayer for paying gas fees in the same token as the transaction
- Seamless multi-chain indexing across Bitcoin, Ethereum, Binance Smart Chain, and Polkadot
- Support for EVM and WASM, requiring minimal changes to existing smart contracts for easy migration
- Cross-Chain Explorer, EVM Bridge, and CLV Scan for comprehensive chain insights