# For Borrowers

#### Where can I buy CPOOL? 

CPOOL can be traded at the following venues:

[ByBit](https://www.bybit.com/en/trade/spot/CPOOL/USDT)

[KUCOIN](https://trade.kucoin.com/CPOOL-USDT)

[GATE](https://www.gate.io/trade/CPOOL_USDT)

[ASCENDEX](https://ascendex.com/en/basic/cashtrade-spottrading/usdt/cpool)

[UNISWAP v2 CPOOL/ETH](https://v2.info.uniswap.org/pair/0x99920e0ba2b8aead4d10de769b28ecc29693c011) 

[UNISWAP v3 CPOOL/USDC](https://info.uniswap.org/#/pools/0xa7600c4fbddb57e44018bee74a5f6b636cb68352)

#### What is the CPOOL token contract address?

ETHEREUM: 0x66761fa41377003622aee3c7675fc7b5c1c2fac5\
POLYGON: 0xb08b3603c5f2629ef83510e6049edeefdc3a2d91\
OPTIMISM: 0xc3630b805F10E91c2de084Ac26C66bCD91F3D3fE\
POLYGON zkEVM: 0xc3630b805F10E91c2de084Ac26C66bCD91F3D3fE\
MANTLE: 0x0c8927de225Bb1eD9DB05aA7d641E434B95279d8

#### **What other assets are available, other than USDC?**

Currently all pools will be denominated in stablecoins. Additional assets may be considered based on demand, and can be added via governance in the future.

#### **What is the risk assessment process?**

The credit risk score displayed on the Clearpool app is calculated by [Credora](https://credora.io/), the specifics of the calculation can be found [here.](https://credora.gitbook.io/credit-methodology/SbLmTxogePkrzsF4z9IK/)

#### **What is the process of closing a pool?**

The process of closing a pool is simple, repay the borrowed amount plus interest, and reach out to the Clearpool Team to close the pool.

#### **Is there a notice period for closing a pool?**

There is no notice period required for closing a pool. Pools can be closed at any time by making full repayment (borrowed amount + interest).

#### **What happens to the insurance amount if the pool is successfully closed?**

Insurance is transferred to protocol revenue when a pool is closed.

#### **Can we request to increase/decrease pool size?**

Pool size is dynamic, and driven by market supply and demand. When a borrower has a higher/lower utilization rate, the interest rate for the pool will increase/decrease, and theoretically attract/repel liquidity, allowing the borrower to continue the process until the optimum level of liquidity has been reached.

#### Is there a limit to pool sizes?

Currently there is no limit to pool sizes, however borrowers can use the utilization curve in order to optimize the total pool size. However, as a borrower you may request a cap on your pool.

#### What is a provisional default?

When a liquidity pool hits 99% utilization, a provisional default is triggered. In the event of a provisional default the borrower will be given a grace period of 5 days to return the utilization rate to below 85%. The provisional default rate and grace period duration can be modified via governance in the future.

#### **What is a default?** 

If a pool remains above 85% utilization for the entire grace period, a default is triggered. In the event of a default, an auction will ensue allowing participants to bid for the pool's cpTokens (total debt of the pool). Please see [Default](https://docs.clearpool.finance/clearpool/how-it-works/dynamic/protocol/default) for more information.

#### **What are cpTokens?** 

cpTokens are LP tokens received by liquidity providers when liquidity is supplied to a borrower pool. See [cpTokens](https://docs.clearpool.finance/clearpool/how-it-works/dynamic/protocol/cptokens) for more information.