Clearpool operates as a Decentralized Capital Markets Ecosystem that enables institutional borrowers to obtain unsecured loans directly from the DeFi space. The platform utilizes a dynamic interest model determined by market supply and demand.

Liquidity providers on Clearpool can generate appealing yields, with pool interest rates boosted by extra LP rewards distributed in CPOOL, the protocol’s utility and governance token. Clearpool LP tokens, known as cpTokens, serve as the foundation for a tokenized credit system designed to offer Clearpool LPs risk management and hedging tools.

As institutions increasingly recognize the advantages decentralized finance offers their organizations, Clearpool aims to supply the new architecture needed to bridge flows between the $120 trillion traditional capital markets and the growing DeFi ecosystem.

The CPOOL Token

• CPOOL functions as the utility and governance token for the Clearpool protocol.
• CPOOL holders will vote on the whitelisting of new borrowers, a procedure that will allow participants to qualify for additional CPOOL via an incentive reward scheme.
• Borrowers are required to stake CPOOL to access the section of the protocol where they can submit proposals for whitelisting.
• Liquidity providers receive extra CPOOL rewards, which increase pool interest rates to attractive levels.
• Clearpool plans to announce a buyback program, using a portion of protocol revenue to purchase CPOOL on the open market to continuously sustain reward pools.

When Clearpool introduced its token on April 28, 2021, it established a fixed genesis supply of 1 billion CPOOL. At that time, the circulating amount stood at 41,375,000 CPOOL. For further details on tokenomics, refer to the provided link.

Clearpool was founded by Robert Alcorn and Alessio Quaglini, former banking colleagues who both possess significant backgrounds in heading cryptocurrency ventures and companies. The platform’s leadership team comprises seasoned experts drawn from traditional finance, fintech, consumer startups, and blockchain technology sectors.

• Robert Alcorn, CFA - CEO
• Over 20 years of business experience
• 12 years working in global financial markets
• Specializes in capital markets, liquidity, collateral management, and collateral trading
• Holds a CFA charter and graduated from MIT Fintech Future Commerce; an early bitcoin and cryptocurrency adopter

• Jakob Kronbichler - CCO
• Proven history of launching and growing startups for Rocket Internet across various nations
• Specialist in business development and go-to-market strategies
• Gained experience in alternative lending while holding a management position at Aspire, Southeast Asia’s leading business Neobank

• Pavel Ivanov - CTO
• Blockchain developer with 11 years of experience, including 5 years leading teams
• Participated in and won several hackathons, securing victories at ETH Waterloo in 2017 and 2018

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