COMB Financial has established itself as a juggernaut DeFi Protocol on the Fantom Network since it's inception in December 2021. Building a variety of DeFi products that simplifies the barrier of entry to non-defi natives.
Their latest development "Utopia" achieves this and more!
Utopia presents a tokenized method of participating in complex yield bearing strategies and auto-compounding the returns. The beauty of this method is that it takes a single transaction to enter the pool, or to exit the pool, and the Utopia token represents the holder’s stake in that pool at any given time – which can be increased or decreased by buying more or selling the Utopia token.
Each user is also granted an alliance link, allowing them to refer others to the platform and earn 40% of the referred users harvest fees. These fee's are generated each time the strategies auto-compound, meaning it comes from real-yield.
Benefits for Utopia Avatars and the Community:
Utilizing COMB's Utopia will allow UA to have the valuable time to build while also increasing their treasury size. Utopia offers a variety of different strategies with a multitude of different APR's and APY's that suite whatever risk level you might be looking for.
As mentioned before, UA can also benefit from the alliance system. For those deep in the NFT scene, they may not have much experience when navigating their way through the DeFi space, but by joining forces with COMB's Utopia, we can offer them a vetted product that has an extremely simple barrier of entry, but also allows them to participate in complex defi strategies. Through this collaboration the UA community will be able to dive into the defi world and enjoy the APRs/APYs that everyone else is, while the UA company is earning a second-part revenue through their harvest fees.
Side Note: If there were a particular strategy the UA team/community would like to see, then COMB can look to implement that strategy onto the Utopia platform under the branding of Utopia Avatars - giving it your own personalized touch