Clearpool

What is Clearpool?

Clearpool is an ecosystem for Decentralized Capital Markets, offering institutional borrowers direct access to unsecured loans within the DeFi realm. It introduces an adaptive interest model influenced by market supply and demand dynamics.

Liquidity providers on Clearpool have the opportunity to earn appealing returns. Pool interest rates are further bolstered by supplementary LP rewards distributed in CPOOL, the utility and governance token of Clearpool. The CPOOL token can be securely transfered between Ethereum and Polygon chains.

The fundamental components of Clearpool's system are its LP tokens, known as cpTokens. These tokens form the foundation of a tokenized credit system that equips Clearpool LPs with risk management and hedging capabilities.

As more financial institutions recognize the advantages of integrating decentralized finance into their operations, Clearpool serves as the architectural bridge connecting the traditional capital markets, valued at $120 trillion, with the flourishing DeFi ecosystem.

The CPOOL Token is the utility and governance token of the Clearpool protocol. CPOOL holders play a crucial role in determining the eligibility of new borrowers through a whitelisting process, with the opportunity to earn extra CPOOL via an incentive-based reward program. Borrowers must engage in CPOOL staking to access the protocol's whitelisting proposal area, and liquidity providers receive supplementary CPOOL rewards, enhancing pool interest rates to attractive levels. Additionally, Clearpool will soon introduce a buyback program, utilizing a portion of protocol revenue to continuously acquire CPOOL from the open market, thereby sustaining reward pools indefinitely.

---

Recent Video Interview

Main points of the interview:

• Clearpool aims to fill the market gap by offering private credit with onchain collateral, credit risk assessments, and legal agreements.
• Since its launch, Clearpool has originated nearly $500 million in loans.
• Allow users to see real-time loan statuses and manage liquidity effectively.
• CPOOL tokens influence interest rates and secures the protocol.

---

What Can You Do on Clearpool?

Clearpool offers a range of capabilities, namely:

Prime:

• Experience a non-custodial, institutional-grade marketplace.
• Connect to the world's largest global KYC & AML compliant network for wholesale borrowing and lending of digital assets.

Permissionless:

• Participate in lending directly to whitelisted institutions.
• Earn risk-adjusted returns with no lock-up period.

Oracles & Staking:

• Engage with the Clearpool Oracle network, which includes various institutions.
• These Oracles vote on parameters that affect the interest rates of permissionless pools.
• You can earn yields on CPOOL by staking in an Oracle pool, all while contributing to the security of the interest rate pricing mechanism.

Clearpool Team Background

Clearpool is a project co-founded by Robert Alcorn and Alessio Quaglini, former colleagues with substantial experience in leading cryptocurrency ventures. Their management team is comprised of seasoned professionals from diverse backgrounds including traditional finance, fintech, consumer startups, and blockchain technology.

Key members of the team include:

• Robert Alcorn, the CEO, boasts over 20 years of business experience and 12 years in global financial markets. He is well-versed in capital markets, liquidity management, collateral trading, and holds a CFA charter. Alcorn is also a graduate of MIT's Fintech Future Commerce program and an early adopter of bitcoin and cryptocurrencies.
• Jakob Kronbichler, the CCO, has a successful track record of launching and expanding startups across multiple countries, particularly in business development and go-to-market strategy. He gained experience in alternative lending during his management role at Aspire, Southeast Asia's leading business Neobank.
• Pavel Ivanov, the CTO, is a blockchain developer with 11 years of experience, including 5 years in team leadership. He has a history of winning multiple hackathons, with notable victories at ETH Waterloo in 2017 and 2018.

Clearpool is backed by many notable entities: Sequoia, Arrington, Sino, Hashkey, and Wintermute.

Clearpool Project Develpoment

Clearpool has officially expanded and successfully launched on the OP Mainnet. This Ethereum Layer 2 blockchain, powered by Optimism, is known for its cost-effectiveness and lightning-fast transactions, making it the perfect platform for Clearpool to extend its innovative uncollateralized lending and borrowing protocol. This protocol is the first of its kind to become a part of Optimism's thriving ecosystem.

Clearpool's Optimism Market is already gaining traction, with Fasanara Digital and Portofino Technologies launching borrower pools. These permissionless pools on Clearpool empower users to lend directly to whitelisted institutions. Participants can earn dynamic risk-adjusted returns that automatically compound with every block, all without the need for lock-up periods.

“The launch on Optimism represents another key milestone for the Clearpool protocol, as we continue to deliver our vision of building a cost-effective and scalable multi chain protocol for all types of DeFi users. We’re also delighted to continue our collaboration with Idle and jointly reward the Clearpool ecosystem with the OP tokens granted by the Optimism Foundation.” — Jakob Kronbichler, Co-founder of Clearpool.

Clearpool Price Analysis

As of November 24 2024 Clearpool has a marketcap of $168M. This is {{percentagefromath}} from its all time high of $2.55. In terms of its tokenomics, there's a total supply of 1B with 71% currently outstanding. Keep in mind Clearpool has a fully diluted value of $237M which many investors might interpret as overvalued.

Of course, don’t trust price predictions alone, always check the Coinrotator token screener to follow the trending market.