Clip Finance x Tomo (SocialFi)
At Clip Finance we build
Linea Surge is in full force and we are working hard on all fronts as we near Token Generation Event (TGE) at Total Value Locked (TVL) milestone 1. We are so close now.
However even though we are focused on our $CLIP TGE which involves both a liquidity pool raise that we need for initial liquidity on a CEX and the CEX listing itself, we are still cooking up great partnerships with Linea ecosystem projects.
Tomo: All in one Web3 social app
To that end, we are thrilled to announce our partnership with Tomo. Tomo is an all-in-one Web3 social app that combines social networking with financial one-click actions and incentives. Our collaboration marks a significant step towards integrating DeFi into social finance (SocialFi) and unlocking new potential for users and communities.
Also, their logo is super cute. Amirite? What a gorgeous little face. Ok, back to business.
Enhancing Social Wallets with DeFi Capabilities
Our partnership with Tomo is driven by a shared vision to merge the best of social media and DeFi. Tomo’s all-in-one social app transforms users’ online presence into a universal social wallet, fostering genuine, spam-free connections while offering financial rewards.
By integrating our smart pools into Tomo’s social wallet, we aim to enhance these capabilities with seamless, AI-optimised and automated yield generation.
Why SocialFi and Wallet Integration?
By integrating DeFi into SocialFi and Tomo’s wallet, we can:
1. Empower Users Financially: Tomo’s users can effortlessly generate yields on their crypto assets directly within their social wallets, turning their social interactions fun as well as rewarding.
2. Enhance User Experience: Seamless access to DeFi services within a familiar social app interface or wallet simplifies the entire process and also encourages broader adoption of DeFi services.
3. Automated Liquidity Management: Clip Finance facilitates automated liquidity management which ensures that liquidity providers consistently earn effectively, benefitting all participants.
4. Multi-Strategy Vaults: Due to the nature of DeFi, Liquidity Pool incentive structures change dynamically. This means that we also have to be dynamic. Clip Finance accomplishes this by constantly hunting for the highest performing strategies that the market has to offer and rebalancing into the better performers on behalf of its users.
5. Users Earn LXP-L points + more: We have joined the Linea blockchain Surge program, which means users can earn LXP-L points along with high yields on depositing their crypto assets. We also integrate with other protocols that either boost or provide multipliers for depositing liquidity. In these cases, we pass on such boosts/multipliers to our users who entrust us to do the legwork for them. Higher yields for a fraction of the cost.
A Collaborative Future in SocialFi
Our partnership with Tomo is a testament to our commitment to driving innovation in the DeFi space. By combining our automated yield-generating strategies with Tomo’s social wallet, we are paving the way for a new era of decentralized social networking and financial interaction.
We are excited about the potential this collaboration holds and look forward to bringing enhanced DeFi capabilities to Tomo’s community.
About Tomo
Tomo is an all-in-one Web3 social wallet designed to bring the mass adoption of crypto. It allows users to log in effortlessly with their social accounts and supports multiple chains, with a particular emphasis on bringing Bitcoin into Ethereum L2, Solana and Cosmos ecosystems.
On Tomo, users can easily manage assets, send crypto to each other, chat, post content, make friends, and participate in token-based interest groups. They can also on-ramp fiat currency with a credit card, trade crypto assets, create Tomojis, and more. Designed to be a comprehensive power app, Tomo meets all your Web3 needs.
Join Tomo, where your social capital is valued!
Website — Blog — X (formerly Twitter) — iOS app — Android app — Web Beta
About Clip Finance
Clip Finance is a leading DeFi platform dedicated to maximizing yield generation from crypto assets. Supporting multiple blockchains, including Linea, Base, and Binance Smart Chain, with an upcoming launch on Arbitrum, Clip Finance offers a multi-strategy income vault with one-click deposits and automated yield strategies. Additionally, we assist projects and in general businesses with token market-making and automated liquidity management for decentralized exchanges and lending platforms.
Get more updates by following Clip Finance on:
- X (formerly Twitter): ClipFinance
- Medium: Clip Finance
- Discord: Clip Finance
- Website: Clip Finance
