CPOOL Buybacks to Commence

Clearpool is resuming its buyback program to purchase CPOOL from the open market, initiating a series of planned buybacks. The program will utilize revenue generated across the full Clearpool ecosystem, including Dynamic Pools, Clearpool Prime, Credit Vaults, and the USDX T-Pool.

Buybacks were temporarily paused in recent quarters as a new protocol direction was being developed. Now that Clearpool’s new product expansion has begun with the recent Fintech Vault and ongoing PayFi initiatives, the program will recommence, utilizing protocol revenue accumulated during this period.

Moving forward, 50% of purchased tokens will be deposited to Clearpool Rewards, while the remaining 50% will be directed to the Clearpool Reserve to strengthen ecosystem growth and expansion initiatives further.