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Some time ago, I wrote about Confidential Layer and $CLONE , and since then people have been asking about the current progress.
Recently, the project has actually been steadily moving upward:
According to official data, the bridge's 30-day transaction volume is about $24 million, which is almost 50% more than last month, indicating that more and more people are using it for cross-chain transactions.
Let me clarify the underlying logic in one sentence:
@ConfidentialLyr is a “privacy cross-chain bridge”; on one end, it connects to public chains like BTC, ETH, SOL, and Base, and on the other, it connects to privacy chains like Zano and Firo.
All cross-chain transactions charge a uniform 0.3% fee, of which 40% is distributed to those who stake $CLONE .
In other words, by staking $CLONE , you are essentially sharing the real transaction fees generated by this bridge.
The higher the transaction volume, the higher the annualized yield, and the better the long-term valuation story.
They’ve even created an APR calculator now. Projecting a few scenarios based on the current growth rate, the annualized yield is in the range of a few dozen to several hundred percent, depending on how much volume the bridge can capture in the future.
The timeline is also set:
TGE is on December 10.
The early positions are basically still available:
Mining and Bridge-to-Earn campaigns are still ongoing.
If you’re willing to put in the effort, you can bridge now, complete tasks, and accumulate points and positions in advance.
It’s not too late to do the math after TGE and the detailed rules are fully announced.
The privacy sector is already heating up, and $CLONE as a token is, simply put:
Do you believe that more and more people will use this privacy bridge in the future?
If so, you just have to decide if you want to get in early.