Clover Finance, now known as CLV, is a blockchain operating system that strives to provide an infrastructure for Substrate-based applications. It is designed to bridge the compatibility gap when building and operating across blockchains. CLV is more than a single service; it is a cross-chain decentralized finance (DeFi) bridge. It provides a portal for users, including novices, into the world of DeFi. With CLV, developers can create and use DeFi and also create decentralized applications (DApps) that work across blockchains. The network contains a storage layer, a smart contract layer, a DeFi protocol layer, and an eApp layer.

CLV operates on a multi-layered structure, including a storage layer, a smart contract layer, a DeFi protocol layer, and an eApp layer. The network allows relayers in a transaction to act on behalf of the sender and cover the gas fees in the base currency while receiving compensation in the denominated asset. This means transaction fees are deducted from the transacted assets. CLV also has an identity-based gas fee schedule, which adjusts based on network usage. The CLV token is used for governance purposes and for voting on system upgrades. Users of the CLV tokens can nominate node validators on the network using a proof-of-stake (PoS) consensus layer.

CLV strives to provide an infrastructure platform for cross-chain and decentralized applications. It is designed to be a passport to the Omniverse, offering a cross-chain wallet for day-to-day, DeFi, Metaverse, and gaming purposes. With its multi-dimensional product lineup, including CLV Multi-Chain Wallets, CLV dApp Interaction Protocol, CLV Chain EVM, and Universal Cross-Chain Support, CLV seeks to position itself in the crypto space. Developers can seamlessly deploy their eApps without using other virtual machines or network bandwidth, and users can stake their CLV tokens to validate transactions on the Clover network validator infrastructure.

CLV's journey began in May 2020, recognizing the emerging need for blockchain interoperability and compatibility. After months of development, CLV was recognized as part of a seed program in Winter 2021 and later held its initial token offering event in April 2021. The mainnet of Clover Finance launched in July 2021. The core founders of the Clover project are Viven Kirby, Norelle Ng, and Burak Keçeli, who bring a wealth of experience in enterprise resource planning, blockchain expertise, and computer programming. Clover Finance has rebranded to CLV, with a focus on the Web3 Future.

Clover Finance seeks to provide a seamless gateway to DeFi for everyone, including developers. It positions itself as a blockchain operating system, containing a storage layer, a smart contract layer, a DeFi protocol layer, and an eApp layer that work together with the aim of achieving blockchain interoperability. The storage protocol layer strives to enable distributed storage of DApp data. The smart contract layer supports cross-chain implementation of smart contracts with a Web 3.0 compliant API, allowing existing web 3.0 DApps to be migrated to Clover with minimal adjustments. The DeFi protocol layer supports various basic DeFi protocols such as exchange, loan, insurance, and others, enabling developers to create their additional DeFi protocols. The eApp layer supports the evolution from a DApp to an eApp (External Application), allowing developers to create and deploy their own eApps in Clover, without the need for other virtual machines or network bandwidth.

Clover Finance employs a consensus mechanism known as Nominated Proof-of-Stake (NPoS). This mechanism is part of the Polkadot ecosystem, on which Clover Finance is built. In the NPoS system, there are two key roles: Validators and Nominators. Validators are computer nodes that provide infrastructure and are responsible for maintaining the network. Nominators, on the other hand, are token-holders who contribute economically by nominating validators of their choice. The NPoS mechanism is intended to support the network's decentralization and integrity. It acknowledges both Validators and Nominators when the network operates effectively, and has measures in place to address any detected network anomalies. This consensus mechanism is structured to support the integrity of the Clover Finance network.

The Clover network strives to enable the bridging of various types of assets or tokens. It primarily supports the cross-chain transfer of its native $CLV token. The $CLV token exists in four different forms: CLV M-Chain native token, $CLV ERC20 token, $CLV BEP20 token, and CLV P-Chain native token. These tokens can be transferred across different chains, including various well-known blockchain networks, and CLV P-Chain. The process is largely automatic and doesn't necessitate users to claim their tokens. However, it should be noted that cross-chain transfers might be subject to fees, payable in $CLV, and these could vary based on the target chain.

Clover Finance (CLV) provides a multifaceted wallet solution known as the CLV Wallet. This wallet is a non-custodial, multichain crypto wallet designed for everyday use, DeFi, and gaming purposes. It strives to facilitate the management of crypto assets in the multichain era. The CLV Wallet is compatible with various devices — Web, Extension, Mobile (iOS+Android), and permits access through various platforms. It is compatible with multiple chains including ETH, EVM, DOT, KSM, SOL, and others. The wallet is available in three formats: Mobile Wallet, Extension Wallet, and Web Wallet. The Mobile Wallet is compatible with multi-chain assets and NFTs, has a built-in swap, cross-chain and staking service, a dApp browser, and WalletConnect support. The Extension Wallet permits users to connect to multiple networks and is compatible with multi-chain assets and NFTs with built-in cross-chain functionality. The Web Wallet permits user access via personal identification methods and is compatible with EVM, Polkadot, and Solana for dApps Wallet Connect. The CLV Wallet also integrates PolygonID, with a focus on aspects of security, privacy, and user convenience.

Clover Finance (CLV) operates under a decentralized governance model, where CLV token holders have the opportunity to participate in decision-making processes. This includes proposing, voting, and implementing changes such as new asset listing, new interest rate models, and token reserve withdrawals. The CLV token also has multiple uses within the Clover Finance network. Users may utilize the token for network interactions and initiating Ethereum Virtual Machine (EVM) instances. Users may also participate in the network by staking tokens, which may result in non-monetary acknowledgements. Clover Finance aims to enhance scalability and network responsiveness through the use of an advanced Nominated Proof-of-Stake consensus mechanism. This system allows users to participate as validator nodes or nominate others. Those who nominate others may receive non-financial acknowledgements proportional to their token participation.

Clover Finance (CLV) has formed several strategic partnerships to enhance its ecosystem. One of the key collaborations is with CLVS, an inscription protocol built on CLV Chain and Polkadot. This partnership intends to offer improvements to the existing inscription system by integrating traditional smart contracts into the inscription market. Clover Finance has also created a grant program, the CLV Ecosystem Grant, to support developers in creating improved decentralized applications (dApps). This grant is available for experienced teams and quality projects that seek to explore multi-chain possibilities. Clover Finance has also collaborated with Gateway, a Web3 credential protocol, GaFi Network, a decentralized blockchain platform for the Game Finance industry, Nerve Network for the implementation of its cross-chain bridge, and Helio Protocol, an open-source liquidity protocol. These partnerships are intended to contribute to Clover Finance's functionality within the decentralized space.