About the coin

Clearpool is a decentralized capital markets ecosystem designed to bridge the gap between traditional finance and decentralized finance (DeFi). It allows institutional borrowers to access unsecured loans directly from the DeFi ecosystem, providing a new architecture to facilitate financial flows between the $120 trillion traditional capital markets and the burgeoning DeFi ecosystem.

Main features

Clearpool introduces a dynamic interest model driven by market supply and demand forces. Liquidity providers on Clearpool can earn attractive yields, with pool interest rates enhanced by additional LP rewards paid in CPOOL, Clearpool's utility and governance token. The platform also features Clearpool LP tokens, known as cpTokens, which serve as the building blocks for a system of tokenized credit, offering risk management and hedging capabilities to liquidity providers.

How it works

The CPOOL token is central to the Clearpool protocol, serving as both a utility and governance token. CPOOL holders have the power to vote on the whitelisting of new borrowers, qualifying participants to earn additional CPOOL through an incentive reward scheme. A full system of decentralized governance is planned, allowing CPOOL holders to propose, vote, and implement future changes and upgrades to the protocol. Borrowers are required to stake CPOOL to access the protocol's proposal area for whitelisting. Additionally, Clearpool plans to implement a buyback program, using a share of protocol revenue to buy CPOOL in the open market, sustaining reward pools.