Clearpool

We have extended the CPOOL staking pools on both KuCoin and AscendEX for another month until the end of September.

The APY has been reduced to 9%. The reason for this is that native staking will be launched in September and will be the best place to stake CPOOL to earn the highest rewards. Stay tuned for more details on this!

If you’re already staking on the CEXs, poolsiders don’t need to do anything to continue earning rewards. On both exchanges, the pools will be extended, which means no need to unstake and restake in a new pool.

If you haven’t staked your CPOOL yet, you can do it here:

KuCoin 👇

www.kucoin.com/earn/promotion

AscendEX 👇

https://ascendex.com/en/staking/inve

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Clearpool is pleased to announce that the first CPOOL buyback has been executed using protocol revenue generated since Clearpool was launched on 23rd March 2022.

The revenue generated from both permissioned and permissionless pools has been removed from the contracts and used to buy back CPOOL.

A total of USDC 95,638 was used to purchase 1,633,436.31 CPOOL during this buyback. All of the tokens purchased have been burned.

Following this inaugural event, buybacks will continue to take place regularly, once per quarter.

For more information and transaction details, please see here.

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Clearpool

Clearpool

Clearpool is a decentralized capital markets ecosystem, where institutions can borrow uncollateralized liquidity. Visit us here: https://clearpool.finance/