Clearpool is pleased to announce a new borrower — Ouroboros Capital, which operates as a delta-neutral DeFi yield fund, aiming to generate superior USD-denominated yields for investors.
Ouroboros Capital has initiated a USDC 1M loan on Clearpool Prime, the institutional-grade credit marketplace on Mantle.
We interviewed the Ouroboros Capital team for the benefit of the Clearpool community. Dive into the borrower profile below to learn more.
Please introduce Ouroborus Capital to our community.
Ouroboros Capital operates as a delta-neutral DeFi yield fund, aiming to generate superior USD-denominated yields for investors. Our team of six includes a dedicated smart contract developer responsible for crafting on-chain yield strategies and automated capital withdrawal risk systems. With team members both in Singapore and Malaysia, our founders bring extensive experience from top-tier investment banks and hedge funds across both traditional and digital asset sectors.
Why do you want to borrow capital right now, and what will you use the funds for?
Ouroboros Capital is seeking to borrow capital as we are highly confident in our ability to generate returns that surpass the USDC borrow rate. We intend to deploy these funds into transparent on-chain strategies, all of which can be readily tracked via Debank.
The borrowed capital will be allocated across a diverse portfolio of yield farming strategies, encompassing liquidity provision, on-chain market making, points farming initiatives, and engagement in permissionless lending across established DeFi platforms.
Why are you interested in borrowing from Clearpool’s protocol compared to other options that exist?
Given that the majority of our strategies are sourced on-chain, Ouroboros Capital aims to conduct as much of our operations on-chain as feasible. We are drawn to Clearpool’s protocol due to its reputation for reliable smart contracts and its extensive network of users. These factors align well with our commitment to transparent and decentralized business practices.
What size do you typically borrow and seek to borrow on Clearpool?
Our strategy is highly scalable and at the present moment we can see ourselves borrowing up to $10mn.
Why should our community lend to Ouroboros?
Our leadership team brings a wealth of experience from top-tier investment banks and hedge funds, having successfully navigated high-volatility environments and market downturns across both digital assets and traditional financial sectors. This extensive background demonstrates our ability to operate responsibly in diverse market conditions. We also implement rigorous risk management strategies throughout our investment process, including multi-signature custody solutions and automated exploit monitoring systems.
Ouroboros Capital also has a strong presence throughout the crypto community, as demonstrated by our strong reach on X / Twitter with nearly 27,000 followers, most of them being project founders, funds and other KOLs.
What are some of the risk management strategies in place to ensure lenders’ funds are not misused?
Transparency: All our wallets are transparently trackable via Debank. Security: We utilize Fordefi, a reputable custodian, to secure our on-chain funds. The Fordefi workspace incorporates a co-signer from the lender themselves, to ensure that funds cannot be withdrawn without a 2/3 multi-signature approval.
Additionally, we collaborate with a team of experienced smart contract engineers to monitor for potential exploits and have robust processes in place for swift fund withdrawal upon detection of any threats. Furthermore, we have cultivated a strong presence in the crypto space and have established a trustworthy reputation with numerous teams and investors.
What does the future hold for your firm? Where do you see it one to three years from now?
Looking ahead, we envision our firm establishing a strong presence across multiple verticals of crypto investing, including yield farming, directional trading, and venture capital. We aim to expand our yield offerings by generating returns across a variety of assets, including ETH and BTC, in addition to our current focus on stablecoin farming.
For our community members who’d like to keep updated with your company, how should they do so?
For those interested in following our progress:
Twitter: https://x.com/OuroborosCap8
Substack: https://ouroborosresearch.substack.com/
