Clone

After much consideration, we’ve made the tough decision to deprecate our cloned asset pools due to resource constraints. Our top priority is ensuring that all users can safely withdraw 100% of their deposited capital. We are initiating a 3-stage deprecation process immediately. For details on the timeline and steps to reclaim your funds, please read our latest blog post below. cloneprotocol.medium.com/6ff85310b458 Thank you to our community members for your unwavering support over the years. It has meant the world to us.

@Merkinater You're likely on deSwap. Make sure to use dePort instead to bridge deAssets to their native chains. debridge.finance/deport

@CloneProtocol What are we supposed to do with our deAssets now after unwrapping? Debridge doesn't even recognize them...

After much consideration, we’ve made the tough decision to deprecate our cloned asset pools due to resource constraints. Our top priority is ensuring that all users can safely withdraw 100% of their deposited capital. We are initiating a 3-stage deprecation process immediately. For details on the timeline and steps to reclaim your funds, please read our latest blog post below. cloneprotocol.medium.com/6ff85310b458 Thank you to our community members for your unwavering support over the years. It has meant the world to us.

LPs are able to close their liquidity account. Please follow the steps below: 1. Close all liquidity positions and withdraw all collateral. 2. Close all borrow positions and withdraw all collateral. 3. You will now see the button for closing the account to get ~0.07 SOL back. If you are having trouble with the above process, please join us in our discord for 1:1 support.

@CloneProtocol Hey we paid some SOL to open accounts, we can expect these to be lost?

@katexbt The phase 3 will begin in two weeks to enable all clAsset holders to unwrap their token.

@CloneProtocol how do we get out of cl wallet holdings, other than waiting for phase 3? :(

@lakancrypto yes, they are safe

@CloneProtocol are the funds safe?

📅 Join Us Tomorrow! Tomorrow at 11:00 AM EST, @0xmark_clone will be hosting a community call on our Discord to answer all your questions about the Clone Protocol deprecation process. We look forward to your participation and are here to support you during this transition.

Rain, but make it cross-chain. Starting now you can trade cloned @CloneProtocol: $BNB, $SUI, $DOGE, $ARB and $APTOS All on Solana, all natively 💙

@saydialect blinks is the experience👀

It's blink o'clock In the 3 since weeks since launch, over 300 blinks have been created by the community, 100 of which are now shareable on X Here are some of our fav🧵⤵️

The Clone Wars is heating up and we need you! Your participation doesn’t just benefit you, it helps grow the Grand Army and Clone Protocol. Invite your friends to join the fight and strengthen our forces. Refer friends and earn 10% of their trading and liquidity points. No limits, just continuous rewards! Together, we can build a powerful and unstoppable force in Solana DeFi. Many Through One Refer your friends here: markets.clone.so/points (find your referral link under "My Referral Points")

Providing Liquidity = exposure to [REDACTED]!👀 Higher volumes of clAssets are boosting APRs for LPs while new points multipliers support even more rewards for your contributions 🚀 Participation makes a difference for Clone AND you. Join the Grand Army early and help us expand Solana DeFi!

6/ Ready to dive into funding rate farming on Clone? Use the links below to start trading cloned assets and begin you're funding rate farming journey! Discord: discord.gg/BXAeVWdmmD Clone Markets: t.co/ID5gw5QC5U FRF Article: cloneprotocol.medium.com/funding-rate-f…

5/ Stay Safe and DYOR 📚 Funding rate farming comes with inherent risks that you must be aware of. Conduct thorough research and understand the risks of trading perps on exchanges like Drift. Always monitor your positions to avoid liquidation. Success in DeFi demands vigilance!

4/ How do I get started? 🧑‍🌾 All seven of the cloned assets currently available on Clone are also listed on Drift, so it's possible to funding rate farm with any of these tokens. If any token has a positive funding rate, follow the simple steps above and and start earning!

What is Funding Rate Farming? 🧑‍🌾 Funding rate farming is one way traders can utilize cloned assets alongside perp exchanges like @DriftProtocol to find yield within Solana DeFi. This method allows traders to earn yield (and points!) in a delta-neutral position by leveraging cloned assets and the funding rates of perpetual contracts. Let’s dive deeper 👇

3/ Funding Rate Farming with Drift and Clone 👾🪐 Let’s walk through a simple example of how a trader could use Clone and Drift to farm a positive funding rate. In this example, we’ll assume that ARB has a positive funding rate on @DriftProtocol. 1. Buy clARB on Clone 2. Short an equal number of ARB on Drift That's all! If done correctly, you will have a delta-neutral position where you can earn points on Clone and funding rate yield on Drift!

2/ What are Funding Rates? 📈 Funding rates on a perp DEX like @DriftProtocol ensure that an asset's contract price stays aligned with the spot price, balancing the market. If an asset has a positive funding rate, traders who are long need to pay those who are short, and negative ones mean shorts pay longs. This mechanism introduces an opportunity to farm funding rate payments.

5/ Join the Clone Revolution ✨ We're thrilled to welcome the Drift community into the Clone ecosystem. By becoming part of Clone, you're joining a force set to transform the future of Solana DeFi. Join our Discord, check out our docs, or dive into our pioneering dApps: Clone Markets and Clone Liquidity. Discord: t.co/pQR5B3qb9F Docs: docs.clone.so Clone Markets: markets.clone.so Clone Liquidity: liquidity.clone.so

Introducing the $DRIFT Points Promotion on Clone Protocol! 👾🪐 If you’re staking $DRIFT, you are eligible for a multiplier between 1.2x and 1.6x on all your points earned on Clone. In the coming days, we will dive deeper into unique trading opportunities that arise between cloned assets and perps on @DriftProtocol!