SAIL by Clipper

SAIL is the governance token of AdmiralDAO, the DAO behind Clipper. Clipper.exchange is the best token exchange and liquidity provider platform for blue-chip crypto assets such as ETH, WBTC and USD. It leads a novel Formula Market Maker design that provides traders with better prices and lower Gas fees, while eliminating the impermanent loss of liquidity providers, allowing them to actually gain. Clipper is the only decentralized exchange (DEX) that consistently achieves market-beating returns by rebalancing its crypto portfolio on a daily basis.