Clearpool is pleased to announce that the Q1 2024 CPOOL buyback has been executed!
The revenue generated from Clearpool Prime and the Permissionless Pools, along with the 1% monthly fee paid by borrowers, were combined and 50% of this was allocated towards the buyback.
Total Buyback = $63,780.41
CPOOL Bought = 271,854.577996
The buyback increased by 50%+ compared to the previous quarter.
50% of the tokens were burned, and 50% were deposited to Rewards.
To learn more about the busy first quarter of the year and the milestones achieved, check out our quarterly report here.
