Clearpool $CPOOL

Clearpool is a revolutionary decentralized capital market ecosystem designed to connect institutional borrowers with the DeFi landscape for unsecured loans. With its unique dynamic interest model, Clearpool capitalizes on market supply and demand forces, offering liquidity providers the opportunity to reap substantial yields. The interest rates on the pool are amplified through additional LP rewards, which are disbursed in CPOOL - Clearpool’s exclusive utility and governance token.

About Clearpool LP Tokens

Crucial elements in Clearpool’s system are the Clearpool LP tokens, also known as cpTokens. These tokens form the foundation of a robust system of tokenized credit, empowering Clearpool LPs with extensive risk management and hedging capabilities. As decentralized finance gains popularity among institutions, Clearpool emerges as the frontrunner, aiming to bridge the gap between the $120 trillion conventional capital markets and the rapidly growing DeFi ecosystem.

The CPOOL Token

CPOOL functions as the essential utility and governance token within the Clearpool protocol. It plays a vital role in the whitelisting process of new borrowers, wherein CPOOL holders have the right to vote, thus determining the eligibility of participants to earn additional CPOOL through an incentive reward scheme. Eventually, Clearpool aims to introduce a comprehensive decentralized governance system, empowering CPOOL holders to propose, vote, and implement future updates and alterations to the protocol.

CPOOL Token Staking

Borrowers are obligated to stake a certain amount of CPOOL to gain access to the protocol area, where they can propose to be whitelisted. Furthermore, liquidity providers can earn additional CPOOL rewards, which significantly increase pool interest rates.

Clearpool’s Buyback Program

In a forthcoming announcement, Clearpool plans to reveal a buyback program. A portion of the protocol's revenue will be used to purchase CPOOL in the open market, thus perpetually maintaining the sustainability of reward pools.