Everyone wants their digital assets to work without the risk of losing their funds. Clip Finance’s mission is to provide this experience to users. We prioritize risk management, transparency and user experience.
Financing of clips is a revolutionary multi-strategy yield protocol. We aggregate returns from approved protocols and allow users to grow their portfolio on-chain through automation and a simple user interface.
Many of us have searched for incredibly high APYs in DeFi, only to discover that if something is too good to be true, it probably isn’t true. That’s why we focus on creating sustainable and reliable return products while allowing users to maintain control of their funds.
Clip’s Automated Income Vault, which is the first live product, is aimed at users with unused stablecoins in their wallet. Using the product is very simple. The user chooses the stablecoin to deposit, the amount, and simply clicks on the “deposit” button. The funds are then routed to predetermined protocols, where they immediately begin generating returns. True to the principles of DeFi, users can withdraw their funds at any time.
The allocation to the different strategies is done according to the risk score strategies receive. The higher the risk, the lower the allocation and vice versa. Clip Finance monitors, automatically composes and rebalances user positions. The entire experience is designed for convenience and safety.
Automated Revenue Vault Launch
For the past two months, Clip Finance has been in private beta to gather feedback and make improvements to the user interface. One of the improvements Clip Finance has made is the addition of a “smart withdrawal” feature, which pools user funds to save on transaction fees during the withdrawal process. The same logic is also implemented for depositing funds. Overall, users can save hundreds of dollars in gas costs thanks to Clip’s intelligent architecture.
Additionally, an easier-to-understand strategic dashboard has been created to allow users to view the distribution of their fund allocation.
The public beta will launch on BNB Chain and will include yield strategies from Biswap, Dodo and Stargate. Digital assets accepted for public beta are stablecoins USDT, USDC, BUSD, and HAY. In the next step, Clip Finance will be launched on a number of other chains like Arbitrum, Polygon, Ethereum and Base.
Clip Finance is also part of Chainlink’s BUILD program and will use Chainlink’s cross-chain interoperability protocol CCIP to provide transparent omnichain yield to its users as the next step.
What to expect from Clip Finance?
In addition to the Automated Income Vault, Clip is working on a number of innovative products. These products include the initial fixed yield product called Instant Income Vault, Fixed-Term Income Vault, a debit card and a fiat on-ramp. Clip’s ambition is to become the go-to yield protocol for all DeFi users as well as an infrastructure layer allowing other manufacturers to create unique and secure products.
Due to Clip’s tokenomic design, it is wise to get involved and test the product in the early stages due to the largest issuance of CLIP tokens during the first TVL stage.
Unique symbolic design based on KPIs
Generally, in DeFi, token acquisition is time-based. This means that no matter how well the protocol performs, it continues to issue new tokens to the market. This design has a number of flaws, from diluting existing token holders even when the value of the protocol does not increase, to simply misaligning user and team interests.
Clip Finance has taken a different approach to tokenomics. Clip measures total platform deposits (TVL) as the primary KPI for issuing tokens at specific milestones. These TVL milestones are predetermined and tokens are unlocked once the milestones are reached.
This will set up the right incentives for the team as well as the community. The team and users are incentivized to develop the protocol to unlock CLIP rewards. Additionally, a number of mechanisms are in place to avoid gamification and reward depositors in the long term.
Founded by experienced entrepreneurs
Clip Finance has a team of 9 people, and the founders include the co-founder of Paxful, one of the world’s best-known p2p crypto marketplaces, as well as the former CTO of a protocol that reached 80 million dollars to TVL. Clip Finance is part of the highly sought-after Chainlink BUILD incubator, received a $10,000 grant from Aave, and won first place in the Smoothie Awards (Web3 alternative to Product Hunt).
What can you do today if you are interested in Clip Finance? There are many ways to be part of our journey. We have a mint NFT in progress which will make you one of the first investors in Clip Finance. All NFT holders will receive an airdrop of CLIP tokens. Second, you can start earning yield on your stablecoins by deposit on our beta product Automated Income Vault.
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