Clearpool Review by Irina2210
Irina2210
Irina2210
Clearpool is a decentralized capital markets ecosystem where institutions can access liquidity without collateral. On the Clearpool application, institutional borrowers can make proposals to be whitelisted by the Clearpool community - CPOOL token holders. Whitelisted borrowers can create and launch individual liquidity pools. Whitelisting is achieved through a governance voting process whereby CPOOL token holders evaluate the strength of borrower proposals and come to a consensus decision. This is a very creative business idea! Liquidity providers to pools will receive attractive interest rates on Clearpool to provide liquidity to the borrower pool and can effectively manage counterparty risk through the issuance of cpToken – Clearpool LP token . The APY pools are enhanced with additional CPOOL rewards, making Clearpool one of the most attractive locations for DeFi lenders.