Clip Finance x Linea
Embark in Linea’s DeFi Voyage with Clip.Finance
Hey, Clipsters!
After countless sleepless nights, hundreds of hours of development, a lot of close calls, and empowered by Chainlink BUILD & Data Feeds, we’ve finally reached our destination and launched our Public Beta on Linea, as an official partner.
Linea is currently undergoing an XP based incentivized educational program for users, called “DeFi Voyage”, which is designed to give all levels of web3 users an opportunity to explore one of the most fundamental web3 use cases, Decentralized Finance (DeFi), in an intuitive, immersive, and educational manner, while rewarding them for it.
Wave 5 within Linea’s DeFi Voyage is called “Liquidity Provision & Yield Farming”, in which Clip.Finance is taking part.
How does Clip Finance & Linea’s DeFi Voyage benefit users ?
Let’s look at the benefits this opportunity presents to users which utilize Clip.Finance in combination with Linea’s DeFi Voyage:
- Users get to learn & test how Liquidity Provision & Yield Farming works
- Earn up to 18.67% net APY on your stablecoin deposits
- Complete Linea’s DeFi Voyage Liquidity Provision & Yield Farming Quest by depositing into Clip.Finance’s Automated Income Vault (AIV), to qualify for Linea Rewards
- Clip token airdrop farming by providing Liquidity & Yield Farming in our vaults
How does the Clip.Finance strategy on Linea works ?
Our strategy on Linea is what we call an automated income vault (AIV), which brings users a stable yield product, that has superior yields, and with a seamless user experience where all you have to do is to deposit, sit back & enjoy your earnings.
Our AIV’s have multiple capabilities, which make our strategies more appealing & beneficial to users, such as:
- Multi-Strategy — can utilize multiple strategies/products in one vault to maximize/stabilize yield
- Automated Rebalances — relocating funds to where they’re most efficient
- Auto-compounding
- Batched transactions
- Multiswaps — executed in the strategy router
The current strategy’s state is a concentrated liquidity USDC-USDT position on PancakeSwap, where we keep the liquidity in a very tight price range. More pool integrations to come soon, aimed at making yield more stable, more efficient and more diversified.
One of the Clip’s Architecture benefits are batched transactions, allowing to save on transaction fees for users.
Multiswaps executed by the strategy router are using Izumi Finance. We’re grateful for the promptness of quick and reliable infrastructure from them, which plays a pivotal role in our strategy.
We strive to bring non-custodial, best risk-reward adjusted yields for our users, by constantly innovating and via thorough & rigorous market analysis.
How secure is Clip.Finance ?
We just completed an audit with Three Sigma. Their team works with Tier 1 protocols and has protected more than $1.9B in client assets, while securing $11.2B in transacted value. You can find the report by clicking here.
We also use SphereX’s real time transactions analysis. SphereX-Protect is an exploit prevention solution for Smart Contracts. Their service monitors all our transactions in real time, stopping suspicious activity before funds can be lost. Legitimate user transactions are approved regularly, even while under attack.
Additionally, we use Alterscope to perform due diligence on all integrated protocols. Alterscope integrates on- and off-chain data in real time, to reveal the full picture on protocol risk. This makes it easy to assess technical fundamental risks when integrating protocols.
How to Participate ?
Follow the path from Linea’s DeFi Voyage Quest page
Additionally, we have put up a video guide for you on how to deposit & withdraw on Clip.Finance
To conclude, we’re very excited for the future. We’ve built great relationships & partnerships in the Linea ecosystem and we’re working hard towards improvement on a daily basis.
Look out for incoming derivatives, LST’s, RWA’s vaults & more from us.
We look forward to users taking advantage of the opportunity, by enjoying high yield, incentives farming on top of yield and providing us with feedback.
To stay up to date and not miss anything, you can find everyone that makes all of this possible on the links below
Clip.Finance:
https://twitter.com/ClipFinance
https://www.youtube.com/@clipfinance1844
Linea:
https://twitter.com/LineaBuild
Chainlink:
iZUMi:
https://twitter.com/izumi_Finance
PancakeSwap:
https://twitter.com/PancakeSwap
ThreeSigma:
https://twitter.com/threesigmaxyz
SphereX:
