HUCKLEBERRY STRATEGIC PARTNERSHIP WITH CLV

Image 1 : CLV Partnership with huckleberry
Image 1 : CLV Partnership with huckleberry

CLV (previously Clover Finance), a one-stop infrastructure platform for cross-chain and Decentralized applications, is forming a strategic partnership with Huckleberry. It is a special Layer 1 chain based on CLV Substrate with high performance, low fee and scalable infrastructure. Huckleberry, on the other hand, is a community-oriented AMM cross-chain DEX and lending platform built on Moonriver and CLV. 

With the addition of leading partners across DeFi, Cross-chain Exchange, NFT, GameFi and the Metaverse, CLV continues to strengthen the crypto space. Similarly, the early success experienced on the part of Huckleberry and Moonriver was the first and only in-house DEX and lending platform to be fully formed.

In the light of all these developments, Huckleberry became the first community launched on CLV by turning into a DEX and credit platform. Immediately after the community decision, integration with CLV started and expanded its service in the CLV chain.

THE NEW WORLD OF HUCKLEBERRY

Leveraging Wanchain’s decentralized cross-chain bridges, Huckleberry is designed for people who are willing to cross rivers, networks and blockchains to see the world and experience everything it has to offer.

The presentation of Huckleberry in CLV will allow its users to enjoy not only the advantages of low-cost transactions and almost instant transactions, but also the advantages brought by Huckleberry’s solution package.

RIVERS ON CLV 

$CLV / $FINN

$FINN / $USDC

$CLV/$USDC

Liquidity can be added to these Rivers from August 4, but the distribution of $FINN rewards will begin from August 11.

$FINN IN CLV

Immediately after the Decisionof the Huckleberry community about cross-chain tokens, it also brings the reflection token to CLV. If we look at how the $FINN chain is handled, we will see;

  • No $FINN is added to the circulating supply at launch
  • $25,000,000 FINN will be released on CLV for 3 years through River rewards/farming rewards
  • $25,000,000 FINN will be burned in Moonriver for 3 years

However, there will be no change in the maximum supply of $FINN. Thanks to Wanchain’s bridging solution, when the user connects their $FINN from Moonriver, they will receive the “real” $FINN directly in the CLV.

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