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Summary of Clearpool
Key Points
- Clearpool is a decentralized capital markets ecosystem for institutional borrowers to access unsecured loans from the DeFi ecosystem.
- The platform introduces a dynamic interest model driven by market supply and demand forces.
- Liquidity providers can earn attractive yields with pool interest rates enhanced by additional LP rewards paid in CPOOL tokens.
- CPOOL tokens are the utility and governance tokens for the Clearpool protocol.
- CPOOL holders vote on the whitelisting of new borrowers and can earn additional CPOOL through an incentive reward scheme.
Numbers and Figures
- $120 trillion: traditional capital markets
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About Clearpool: Empowering the Future of Decentralized Finance
Introducing Clearpool: A Revolutionary Liquidity Marketplace
Clearpool is a pioneering Decentralized Capital Markets Ecosystem, where institutional borrowers can tap into unsecured loans directly from the DeFi ecosystem, fostering a seamless and efficient borrowing experience. By introducing a dynamic interest model that is inherently responsive to market supply and demand forces, Clearpool sets a new standard in decentralized lending.
Liquidity providers on Clearpool can reap attractive yields, bolstered by supplementary LP rewards denominated in CPOOL, Clearpool’s versatile utility and governance token, thereby amplifying their returns.
Clearpool LP tokens, denoted as cpTokens, constitute the foundational components of a tokenized credit system, empowering Clearpool LPs with robust risk management and hedging capabilities.
As an increasing number of institutions awaken to the transformative potential of decentralized finance, Clearpool is poised to introduce a novel architecture that seamlessly bridges the $120 trillion traditional capital markets with the rapidly evolving DeFi ecosystem.
The CPOOL Token – At the heart of the Clearpool protocol lies CPOOL, a multifaceted utility and governance token. By holding CPOOL, users will wield the power to vote on the whitelisting of new borrowers, thereby qualifying themselves to earn additional CPOOL tokens through an incentive-driven reward scheme. Furthermore, CPOOL staking will be a mandatory requirement for borrowers, who must stake a predetermined amount of CPOOL to access the protocol’s proposal submission area. Meanwhile, liquidity providers will be incentivized with supplementary CPOOL rewards, thereby enhancing pool interest rates to attractive levels. To sustain reward pools in perpetuity, Clearpool will implement a buyback program, wherein a portion of protocol revenue will be allocated to purchase CPOOL tokens on the open market.
The Circulating Supply of Clearpool Coins: A Closer Look
Clearpool debuted its token on April 28, 2021, with a fixed supply of 1 billion CPOOL tokens created at genesis. The initial circulating supply of tokens stands at 41,375,000 CPOOL. For a comprehensive overview of tokenomics, please refer to this resource:
The Visionaries Behind Clearpool: Meet the Founders
Clearpool is the visionary brainchild of Robert Alcorn and Alessio Quaglini, former banking colleagues who leveraged their extensive expertise in spearheading cryptocurrency projects and firms to bring this innovative concept to life.
Clearpool’s management team boasts a diverse array of seasoned professionals, hailing from traditional finance, fintech, consumer startups, and blockchain technology, bringing a wealth of expertise to the table.
Robert Alcorn, CFA – CEO – A seasoned executive with over 20 years of business acumen and 12 years of expertise in navigating global financial markets. His proficiency spans capital markets, liquidity management, and collateral trading. As a CFA charterholder and MIT Fintech Future Commerce alumnus, Robert has established himself as a visionary leader. Notably, he is an early adopter of bitcoin and cryptocurrency, demonstrating his forward-thinking approach to the evolving financial landscape.
Jakob Kronbichler – CCO – Boasts a proven track record of successfully launching and scaling numerous startups for Rocket Internet across multiple countries, leveraging his expertise in business development and go-to-market strategy. His management role at Aspire, Southeast Asia’s leading Neobank, has also afforded him valuable experience in alternative lending.
Pavel Ivanov – CTO – A seasoned blockchain developer with 11 years of expertise, boasting a proven track record of successfully leading teams for 5 years. Notably, he has emerged victorious in multiple hackathons, including the prestigious ETH Waterloo competitions in 2017 and 2018.
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