Clip Finance Update: PUBLIC BETA

This is probably the biggest week for Clip Finance in our short, but busy 1.5-year history: we just released our Public Beta version of our Automated Income Vault product.

Clip Finance
2 min readOct 22, 2023

Launch Of The Public Beta

We’ve hit a big milestone — launching our public beta. This means that anyone who goes to https://clip.finance/earn can now deposit and start earning yield. During the launch weeks, we’re boosting rewards and paying a 15% yield on stablecoins. This will be further increased by $CLIP rewards that you’ll earn during the first token unlock at $10m TVL.

We’ve currently integrated 4 different strategies. DoDo USDT and BUSD pools, Stargate USDT pool, and Biswaps USDT/HAY stablecoin pool. During the public beta, it’s possible to deposit using 4 different assets: USDT, USDC, USDT, and HAY stablecoins.

Security

We’ve integrated a real-time transaction analysis and protection solution SphereX to protect our user funds. SphereX analyses suspicious activity and reverts all abnormal transactions on the platform.

During the public beta, we’re also engaging with auditing firms and will complete an audit and a bug bounty program. At the conclusion of the audit, we will do a full launch and move to building out the future products in our roadmap as well as cross-chain capabilities by utilizing Chainlink’s CCIP.

How to get started?

To start earning a 15% yield on your stables, all you have to do is to navigate to https://www.clip.finance, click “launch app”, choose the stablecoin to deposit, how much you want to deposit, and click “Deposit”. That’s it! You are earning!

New Homepage

Together with the launch of our public beta, we re-did our homepage. With the new homepage, we wanted to give you a better understanding of what Clip is, what to expect from Clip Finance in the future, and who are the people behind Clip Finance.

About Clip Finance

Clip Finance aims to set a new standard for DeFi yield products. Clip is building secure, risk-managed, and automated on-chain yield solutions for digital assets. Clip Finance is focused on simplifying the user experience for earning yield in DeFi. Clip’s product suite includes solutions for users with different sophistication levels and risk tolerance, as well as acts as an infrastructure layer for builders in the space to create innovative yield products.

Learn more about Clip by visiting https://www.clip.finance/

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