# About Clearpool was built to address the growing demand for unsecured liquidity in the DeFi market. Clearpool provides a solution to the problem of over-collateralization - a major pain point for institutional borrowers in DeFi, but also provides yield earning opportunities to all types of lenders. Clearpool opens the doors to the credit market, which have traditionally been closed to retail investors, and gives institutional borrowers direct access to a diversified and decentralized network of lenders. With the introduction of single-borrower liquidity pools and tokenized credit, Clearpool lays the foundations for a system of on-chain risk management, allowing lenders to monitor, manage and hedge the risks of unsecured lending in real-time. Clearpool was founded by professionals from the traditional finance, fintech and blockchain industries: Robert Alcorn, CFA - Co-Founder & CEO. Previously Executive Director, Head of Repo Trading APAC at First Abu Dhabi Bank Alessio Quaglini - Co-Founder & Senior Advisor. CEO of Hex Trust, Asia's leading digital asset custodian. Previously at First Abu Dhabi Bank, BBVA, Accenture and the Italian Securities and Exchange Commission Jakob Kronbichler - Co-Founder & CCO. Previously Commercial Director at Aspire - South East Asia's leading digital Neobank and Rocket Internet Clearpool is built on Ethereum and Polygon, by a team of experienced blockchain developers led by Chief of Product & Technology Vadim Zolotokrylin. Clearpool is backed by leading investing partners such as Sequoia Capital India, Arrington Capital, Sino Global Capital, HashKey and Wintermute. [CPOOL](/clearpool/token/cpool.md) is the utility and governance token for the Clearpool Protocol, it is traded on KuCoin, Gate, AscendEX and Uniswap. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.clearpool.finance/clearpool/clearpool/about.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.