> For the complete documentation index, see [llms.txt](https://docs.clearpool.finance/clearpool/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.clearpool.finance/clearpool/faq/for-lenders.md).

# For Lenders

#### 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

#### **Who am I lending to?**

Borrowers on Clearpool must be verified institutions. Borrowers have to pass a stringent KYC/AML process to verify their legitimacy before they can open a pool. You can learn more about each borrower by navigating to their pool  page on the Clearpool app.

#### **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 are the anticipated rates of interest for lenders?**

Interest rates are determined by oracles and will depend on the supply and demand of liquidity for each pool and the resulting liquidity utilization ratio of the pool's borrower. 

#### Do I have to provide any KYC documents?

No, as a lender there are no requirements. Lending to a borrower pool is permissionless and requires only a web3 connection. 

#### Which wallets does Clearpool support?

Clearpool currently supports MetaMask and Wallet Connect.

#### **What happens if a borrower closes a pool while my liquidity is still inside?** 

Pools can be closed at any time through the borrower making full repayment (borrowed amount + interest). However, lenders can still withdraw liquidity from a closed pool, the pool will still appear in the app when the corresponding lender wallet is connected.

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

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

#### What is a "Warning" status?

When a liquidity pool hits 99% utilization, a "Warning" is triggered. In the event of a "Warning", the borrower will be given a grace period of 5 days to return the utilization rate to below 85%. The "Warning" 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](/clearpool/how-it-works/dynamic/protocol/default.md) for more information.

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

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