Clearpool enables institutions to access unsecured loans, eliminates liquidation risk, and creates…
Clearpool is pleased to announce that the Q4 2022 CPOOL buyback has been executed using protocol revenue.
The revenue generated from both permissioned and permissionless pools has been removed from the contracts and used to buy back CPOOL.
A total of USDC 125,383 was used to purchase 3,099,103.21 CPOOL during this buyback. All of the tokens purchased have been burned.
Buybacks will continue to take place regularly, once per quarter.
For more information and transaction details, please see here.
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Clearpool enables institutions to access unsecured loans, eliminates liquidation risk, and creates attractive return opportunities for liquidity providers.
Clearpool is a decentralized credit marketplace. Website: https://clearpool.finance/
