Clearpool is a decentralized capital markets ecosystem where institutions can access uncollateralized liquidity.
On the Clearpool app, institutional borrowers can make a proposal to be whitelisted by the Clearpool community - CPOOL token holders.Whitelisted borrowers can create and launch individual liquidity pools - smart contracts running on the Ethereum blockchain.
Whitelisting is achieved through a governance voting process, whereby CPOOL token holders assess the strength of a borrowers proposal, and reach a consensus decision.
LPs earn attractive rates of interest on Clearpool for supplying liquidity to a borrower pool, and can manage counterparty risks effectively through the issuance of cpTokens - Clearpool LP tokens.
Pool APYs are enhanced with additional CPOOL rewards, making Clearpool one of the most attractive venues for DeFi lenders.