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Clearpool

Clearpool

Revolutionizing debt capital markets. A paradigm shift in how institutions borrow uncollateralized liquidity is upon us. Sign up below to stay ahead of the game.CPOOL is the utility and governance token for the Clearpool protocol. Holders can stake, vote and earn attractive rewards by holding CPOOL.

CPOOL is the utility and governance token for the Clearpool protocol. Holders can stake, vote and earn attractive rewards by holding CPOOL.

A PARADIGM SHIFT

CLEARPOOL TAKES CORE CONCEPTS FROM TRADITIONAL CREDIT MARKETS, AND APPLIES THE PRINCIPLES OF DECENTRALIZATION TO CREATE A DECENTRALIZED CAPITAL MARKETS ECOSYSTEM.

EFFICIENT CAPITAL

CLEARPOOL INTRODUCES SINGLE BORROWER LIQUIDITY POOLS, ALLOWING WHITELISTED BORROWERS TO COMPETE FOR UNCOLLATERALIZED LIQUIDITY DIRECTLY FROM THE DEFI ECOSYSTEM.

DYNAMIC INTEREST RATES

CONTINUOUS BORROWER SPECIFIC LIQUIDITY POOLS, WHERE INTEREST RATES ARE DRIVEN BY MARKET SUPPLY AND DEMAND FORCES, AND ACCRUE TO LPS ON EVERY BLOCK THROUGH CPTOKENS - CLEARPOOL LP TOKENS.

ATTRACTIVE REWARDS

CLEARPOOL LIQUIDITY PROVIDERS ARE FAIRLY REWARDED FOR TAKING RISK, AND EARN FURTHER REWARDS IN THE FORM OF CPOOL TOKENS, ENHANCING OVERALL APYS TO MARKET LEADING LEVELS.

PROGRESSIVE DECENTRALIZATION

AS CLEARPOOL PROGRESSES TOWARDS DECENTRALIZATION, CPOOL HOLDERS WILL RECEIVE THE RIGHTS TO PROPOSE AND VOTE ON THE FUTURE OF THE PROTOCOL, A BRIGHT FUTURE FOR A BURGEONING COMMUNITY.

DETAILED TOKEN METRICS

Seed Round

Fundraised: $500,000

Price: $0.015

Lock-up: 0% unlock at TGE, then 12 months vesting

Private Sale 1

Fundraised: $1,000,000

Price: $0.025

Lock-up: 15% unlock at TGE, 3 months cliff then linear vesting over 12 months

Private Sale 2

Fundraised: $1,500,000

Price: $0.030

Lock-up: 20% unlock at TGE, 3 months cliff then linear vesting over 12 months

SHO

Fundraise: $95,000 + $5,000 Community Round

Price: $0.040

Lock-up: 50% unlock at TGE and 50% after six months

Timeline

February 14, 2022
Clearpool Explained in 3 Simple Points - Clearpool - Medium

As Clearpool moves from the Testnet and onto the Mainnet, we’ve been receiving more and more questions on what exactly we do. With our protocol being the first in the market, we’d like to offer a simple explanation of what Clearpool is. Read on to learn what Clearpool does and how it’s going to change borrowing and lending for both institutions and retail investors alike.

Clearpool provides a platform that opens up the credit markets to both institutional and retail investors. But what does this really mean?

The credit market is where institutions look when they require capital but don’t want to sell equity. Think of it as an unsecured loan they take out from investors. In return, investors get their money back plus interest after a set period of time.

Traditionally, at least one large financial institution (usually several) would originate the loan, with many more participating as investors. This means that the value accrues to these larger institutions, and leaves retail investors overlooked.

Clearpool takes this concept, applies the principles of decentralization and the benefits of cryptography, to level the playing field, and gives everyone (whether you’re a large investment fund, crypto whale or everyday retail DeFi user) the ability to access the value that these borrowing and lending opportunities create.

The biggest difference to traditional credit markets is that Clearpool removes all central intermediaries, and subsequent layers of cost and friction, which enables higher and properly priced returns for lending stablecoins (USD pegged digital assets).

Lenders get risk-adjusted rates of interest, paid in stablecoins, plus additional rewards paid in the protocol’s native token CPOOL. This makes Clearpool one of the most attractive venues for lending in DeFi.

Before an institution can become a borrower on Clearpool, it must become whitelisted. They must provide certain information and pass a KYC (Know Your Customer) process, to verify their identity and prove that they are legitimate.

Once this is complete, the Clearpool team will assess the information, and make a decision on whitelisting. Later, the Clearpool community (CPOOL holders) will be able to participate in whitelist voting.

Whitelisted borrowers can subsequently launch a single-borrower liquidity pool and compete for liquidity directly from the DeFi ecosystem. Anybody can be a lender, all you need is a web3 wallet such as MetaMask. Connecting to the app is simple, and once connected you will see all available borrower pools. Clicking on a pool will show you more details about the borrower, their credit score, and the rate of interest + rewards that you can earn for lending to that pool.

The interest rate paid by the borrower is dynamic, which means it varies depending on the utilization ratio of the pool (the percentage of the total funds in the pool that the borrower is currently utilizing). This means lenders’ returns are based on real-time risk ensuring your returns are fair.

Simply put — Clearpool follows the real-time demand and supply of your lending activities and offers extra rewards to provide a fair and competitive return.

3. Shape the Future of our Platform as you Earn 🗳

We mentioned how you can earn CPOOL tokens through the lending process. CPOOL is Clearpool’s governance token. It is a liquid digital asset that trades on various exchanges. The CPOOL token also has a significant amount of utility, which helps to power the Clearpool ecosystem.

Holders can stake CPOOL on the Clearpool app to earn staking rewards, regardless of whether they are a lender or not. Locking staked tokens for a longer period increases the rewards, and also gives you more power for CPOOL farming through what is called a multiplier level.

CPOOL farming allows lenders to stake their cpTokens, which are tokens that they receive when they lend to a borrower pool (we will cover cpTokens in more detail in a subsequent post) to increase the additional CPOOL rewards that they earn for being a lender. The rewards that you earn for farming (staking cpTokens) depend on your multiplier level, which as we mentioned earlier is achieved through CPOOL staking.

This mechanism incentivises the purchasing, holding and locking of CPOOL tokens for all types of lenders, including large institutional players. This creates more demand for the token in the open market. Additionally, all borrowers must also be staking CPOOL — even more demand!

Did we mention CPOOL is deflationary?! Yes, CPOOL has a declining total supply thanks to a buyback mechanism through protocol revenue. We will cover that more in a subsequent post, but for now, just visualize all that demand for a token that’s supply is shrinking!

Finally, CPOOL will eventually give its holders the ability to shape our long-term roadmap through governance voting once Clearpool transitions to full decentralization.

We understand that some of these concepts may be difficult to understand for those of you who aren’t familiar with traditional financial markets, but Clearpool is a platform where borrowing and lending capital is fair, competitive, and where the best lending opportunities are unlocked for everyone.

We hope this article gives you a better understanding of the Clearpool protocol and its governance token CPOOL.

Stay tuned for the next article in our Clearpool for Beginners Series coming soon!

Wrapping Up

2. Earn Profit Without Stress

1. Unlocking the Credit Markets

November 11, 2021
X-Margin & Clearpool Join Forces to Bring Lending to Institutions
October 2, 2021
Clearpool - A Decentralized Capital Markets Ecosystem - Finance and Funding - Altcoin Buzz
September 29, 2021
去中心化借贷平台Clearpool完成300万美元融资,将探索无抵押借贷-PANews
September 28, 2021
What is Clearpool? (CPOOL & cpTokens) - Asia Crypto Today
September 28, 2021
Clearpool Raises $3M to Build Decentralized Capital Markets on Ethereum
September 14, 2021
Clearpool Partners With Hex Trust To Deliver A Decentralized Capital Markets Ecosystem
September 14, 2021
Hex Trust, Clearpool to deliver decentralized capital market ecosystem

Funding rounds

Patents

Further Resources

Title
Author
Link
Type
Date

Addressing Community Questions & Concerns - Clearpool - Medium

Clearpool

Web

February 16, 2022

AMA Recap: Polygon x Clearpool -- English Edition - Clearpool - Medium

Clearpool

Web

January 6, 2022

...

References

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