Clover Finance

Basics

• Based in:
• Started in / Announced on:
• Mainnet release:
• Is building a bridge between Ethereum and Polkadot, in addition to a planned future bridge with the Bitcoin blockchain (19-2-2021).

Technology

• Whitepaper can be found [insert here].
• Code can be viewed [insert here].
• Built on: Substrate, Polkadot Parachain (19-2-2021).

• Programming language used:

Transaction Details

• Capacity (TPS):
• Latency:

How it works

• From CoinDesk (19-2-2021)

"Clover’s tech backend is compatible with the Ethereum Virtual Machine (EVM). Clover has a dynamic fee schedule that increases costs proportionally to use."

Interoperability

Bitcoin

• From CoinDesk (19-2-2021)

"The team’s work on a “two-way” peg to the Bitcoin network is still in its infancy. The proof-of-concept depends on the successful implementation of the Schnorr/Taproot and Tapscript bitcoin improvement proposals (BIPs)."

Roadmap

• Can be found [Insert link here].

Audits

• Bug bounty program can be found [insert here].

Competition

• Substrate-based project Snowfork and coding house ChainSafe both also build bridges between Ethereum and Polkadot.

Team, Funding, Partnerships, etc.

Team

• Full team can be found [here].
• Burak Keçeli; project lead

Funding

• Closed a $3 million seed round which was backed by Polychain, Hypersphere, Bithumb Global and Divergence Ventures, according to a blog post shared with CoinDesk.

(:

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