Clearpool

Clearpool enables institutions to access unsecured loans, eliminates liquidation risk, and creates attractive return opportunities for liquidity providers.

Epoch Voting Results — Clearpool Oracles — 23rd Oct 2023

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We are pleased to present the results for the Oracle voting round which ended on the 20th of Oct 2023, and was implemented on the 23rd Oct of 2023. For this epoch, there were a total of 13 Oracles voting. The distribution of votes and outcome for this epoch are presented below.

Oracle’s whose votes fall within the selected range (Blue) are successful and included in the weighted average calculation. Votes that fall beyond this range (Black) are excluded.

For this epoch, there were a total of 13 Oracles voting on the three parameters that will shape Clearpool’s interest rate curve:

  • Y0 — Interest rate at 0% utilization
  • Ym — Interest rate at Xm (optimal utilization rate)
  • Y1 — Interest rate at 100% utilization

Oracles whose votes fall within the selected range (Blue) are successful and included in the weighted average calculation. Votes that fall beyond this range (Black) are excluded.

Outcome

The weighted average of the successful votes will be used to set the interest rate parameters for the next epoch for AA-rated borrowers. Please find the final parameters to be implemented below for each of the borrowers:

CRP Source — (4.37% — Oct 19th, 2023)

Borrowers

AA = FAS
A = WIN
BB = POR, ALP
B =AUR, MAN

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Clearpool
Clearpool

Published in Clearpool

Clearpool enables institutions to access unsecured loans, eliminates liquidation risk, and creates attractive return opportunities for liquidity providers.

Clearpool
Clearpool

Written by Clearpool

Clearpool is a decentralized credit marketplace. Website: https://clearpool.finance/

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