> 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/how-it-works.md).

# How It Works

- [USDX](https://docs.clearpool.finance/clearpool/how-it-works/usdx.md)
- [For Lenders](https://docs.clearpool.finance/clearpool/how-it-works/usdx/for-lenders.md)
- [Prime](https://docs.clearpool.finance/clearpool/how-it-works/prime.md): Largest global KYC & AML compliant network for wholesale borrowing and lending of digital assets
- [Protocol](https://docs.clearpool.finance/clearpool/how-it-works/prime/protocol.md)
- [Rolling Loans](https://docs.clearpool.finance/clearpool/how-it-works/prime/protocol/rolling-loans.md)
- [Call Backs](https://docs.clearpool.finance/clearpool/how-it-works/prime/protocol/call-backs.md)
- [Interest Rate Mechanism](https://docs.clearpool.finance/clearpool/how-it-works/prime/protocol/interest-rate-mechanism.md)
- [Revenue](https://docs.clearpool.finance/clearpool/how-it-works/prime/protocol/revenue.md)
- [Product User Guide](https://docs.clearpool.finance/clearpool/how-it-works/prime/product-user-guide.md)
- [For Borrowers](https://docs.clearpool.finance/clearpool/how-it-works/prime/for-borrowers.md)
- [MLA](https://docs.clearpool.finance/clearpool/how-it-works/prime/for-borrowers/mla.md): Legal contracts governing the use of Clearpool Prime
- [For Lenders](https://docs.clearpool.finance/clearpool/how-it-works/prime/for-lenders.md)
- [Credit Vaults](https://docs.clearpool.finance/clearpool/how-it-works/credit-vaults.md): Introducing Credit Vaults: A Flexible Lending Solution
- [Protocol](https://docs.clearpool.finance/clearpool/how-it-works/credit-vaults/protocol.md): This section breaks down the building blocks of Credit Vaults.
- [CpTokens](https://docs.clearpool.finance/clearpool/how-it-works/credit-vaults/protocol/cptokens.md)
- [Bond NFT](https://docs.clearpool.finance/clearpool/how-it-works/credit-vaults/protocol/bond-nft.md): Withdrawing Made Easy: Introducing Bond NFTs
- [Repayment and Penalties](https://docs.clearpool.finance/clearpool/how-it-works/credit-vaults/protocol/repayment-and-penalties.md): Repayments, Grace Periods, and Penalty Interest
- [Pool Terms](https://docs.clearpool.finance/clearpool/how-it-works/credit-vaults/protocol/pool-terms.md): Modifying Credit Vault Terms
- [Pool Size](https://docs.clearpool.finance/clearpool/how-it-works/credit-vaults/protocol/pool-terms/pool-size.md): Setting and Adjusting Pool Size Caps
- [Interest Rates](https://docs.clearpool.finance/clearpool/how-it-works/credit-vaults/protocol/pool-terms/interest-rates.md): Transparent Interest Rates: Fixed Initially but Adjustable with Notice
- [Repayment Frequency](https://docs.clearpool.finance/clearpool/how-it-works/credit-vaults/protocol/pool-terms/repayment-frequency.md): Flexible Repayment Schedules: Fixed Initially, Adjustable for Decreases
- [Withdrawal Request](https://docs.clearpool.finance/clearpool/how-it-works/credit-vaults/protocol/pool-terms/withdrawal-request.md): Flexible Withdrawals with Notice
- [Default](https://docs.clearpool.finance/clearpool/how-it-works/credit-vaults/protocol/default.md): Managing Defaults: Protecting Lenders and Facilitating Debt Resolution
- [Revenue](https://docs.clearpool.finance/clearpool/how-it-works/credit-vaults/protocol/revenue.md): Supporting the Clearpool Ecosystem
- [Credit Risk Scoring](https://docs.clearpool.finance/clearpool/how-it-works/credit-vaults/credit-risk-scoring.md): Clearpool's partnership with Credora
- [For Borrowers](https://docs.clearpool.finance/clearpool/how-it-works/credit-vaults/for-borrowers.md)
- [Onboarding](https://docs.clearpool.finance/clearpool/how-it-works/credit-vaults/for-borrowers/onboarding.md): Streamlined Onboarding for Borrowers
- [MLA](https://docs.clearpool.finance/clearpool/how-it-works/credit-vaults/for-borrowers/onboarding/mla.md): Documents governing the Credit Vaults protocol on Clearpool.
- [Launching a Pool](https://docs.clearpool.finance/clearpool/how-it-works/credit-vaults/for-borrowers/launching-a-pool.md): Ready to Launch Your Credit Vault?
- [Borrow & Repay](https://docs.clearpool.finance/clearpool/how-it-works/credit-vaults/for-borrowers/borrow-and-repay.md): Managing Your Borrowing: A Seamless Process
- [For Lenders](https://docs.clearpool.finance/clearpool/how-it-works/credit-vaults/for-lenders.md): Become a Lender and Earn Interest
- [Providing Liquidity](https://docs.clearpool.finance/clearpool/how-it-works/credit-vaults/for-lenders/providing-liquidity.md): How to provide liquidity:
- [Withdrawing Liquidity](https://docs.clearpool.finance/clearpool/how-it-works/credit-vaults/for-lenders/withdrawing-liquidity.md): Flexible Withdrawals with Notice
- [Claiming Rewards](https://docs.clearpool.finance/clearpool/how-it-works/credit-vaults/for-lenders/claiming-rewards.md): In addition to pool interest, lenders can earn additional rewards paid in CPOOL.
- [Banxa Credit Vault](https://docs.clearpool.finance/clearpool/how-it-works/credit-vaults/for-lenders/banxa-credit-vault.md): Everything you need to know about the Banxa Credit Vault
- [Dynamic](https://docs.clearpool.finance/clearpool/how-it-works/dynamic.md): Lend directly to whitelisted institutions and earn risk-adjusted returns. No lock-up period.
- [Protocol](https://docs.clearpool.finance/clearpool/how-it-works/dynamic/protocol.md)
- [cpTokens](https://docs.clearpool.finance/clearpool/how-it-works/dynamic/protocol/cptokens.md)
- [Interest Rates](https://docs.clearpool.finance/clearpool/how-it-works/dynamic/protocol/interest-rates.md)
- [Pool Size](https://docs.clearpool.finance/clearpool/how-it-works/dynamic/protocol/pool-size.md)
- [Pool Notifications](https://docs.clearpool.finance/clearpool/how-it-works/dynamic/protocol/notifications.md): A simple guide on how to set up notifications for pool utilization levels
- [Default](https://docs.clearpool.finance/clearpool/how-it-works/dynamic/protocol/default.md)
- [Insurance](https://docs.clearpool.finance/clearpool/how-it-works/dynamic/protocol/insurance.md)
- [Revenue](https://docs.clearpool.finance/clearpool/how-it-works/dynamic/protocol/revenue.md)
- [Credit Risk Scoring](https://docs.clearpool.finance/clearpool/how-it-works/dynamic/credit-risk-scoring.md): Clearpool's partnership with Credora
- [For Borrowers](https://docs.clearpool.finance/clearpool/how-it-works/dynamic/for-borrowers.md): Introduction
- [Onboarding](https://docs.clearpool.finance/clearpool/how-it-works/dynamic/for-borrowers/onboarding.md)
- [MLA](https://docs.clearpool.finance/clearpool/how-it-works/dynamic/for-borrowers/onboarding/mla.md)
- [Platform Terms](https://docs.clearpool.finance/clearpool/how-it-works/dynamic/for-borrowers/onboarding/mla/platform-terms.md)
- [Digital Currency Lending Agreement](https://docs.clearpool.finance/clearpool/how-it-works/dynamic/for-borrowers/onboarding/mla/digital-currency-lending-agreement.md)
- [Services Agreement](https://docs.clearpool.finance/clearpool/how-it-works/dynamic/for-borrowers/onboarding/mla/services-agreement.md)
- [cpTokens Secondary Trading Agreement](https://docs.clearpool.finance/clearpool/how-it-works/dynamic/for-borrowers/onboarding/mla/cptokens-secondary-trading-agreement.md)
- [Auction Settlement Terms](https://docs.clearpool.finance/clearpool/how-it-works/dynamic/for-borrowers/onboarding/mla/auction-settlement-terms.md)
- [Launching a Pool](https://docs.clearpool.finance/clearpool/how-it-works/dynamic/for-borrowers/launching-a-pool.md)
- [Borrow & Repay](https://docs.clearpool.finance/clearpool/how-it-works/dynamic/for-borrowers/borrow-and-repay.md)
- [Permissioned Pools](https://docs.clearpool.finance/clearpool/how-it-works/dynamic/for-borrowers/permissioned-pools.md): Beta
- [For Lenders](https://docs.clearpool.finance/clearpool/how-it-works/dynamic/for-lenders.md)
- [Providing Liquidity](https://docs.clearpool.finance/clearpool/how-it-works/dynamic/for-lenders/providing-liquidity.md)
- [Withdrawing Liquidity](https://docs.clearpool.finance/clearpool/how-it-works/dynamic/for-lenders/withdrawing-liquidity.md)
- [Claiming Rewards](https://docs.clearpool.finance/clearpool/how-it-works/dynamic/for-lenders/claiming-rewards.md)
- [Clearpool & Mantle Rewards Campaign](https://docs.clearpool.finance/clearpool/how-it-works/dynamic/for-lenders/clearpool-and-mantle-rewards-campaign.md): Earn an additional 15% APR paid in MNT Tokens for early LPs on the Mantle Market
- [Clearpool & Optimism Rewards Campaign - Ended](https://docs.clearpool.finance/clearpool/how-it-works/dynamic/for-lenders/clearpool-and-optimism-rewards-campaign.md): Earn an additional 5% APR paid in OP Tokens for early LPs on the Optimism Market
- [Clearpool & Polygon Rewards Campaign - Ended](https://docs.clearpool.finance/clearpool/how-it-works/dynamic/for-lenders/matic-rewards.md): Additional APR was paid in MATIC for early LPs on the Polygon Market. Results attached!
- [Oracles and Staking](https://docs.clearpool.finance/clearpool/how-it-works/cpool-staking.md): Earn attractive yields by staking CPOOL to a Clearpool Oracle staking pool.
- [Clearpool Oracles](https://docs.clearpool.finance/clearpool/how-it-works/cpool-staking/cpool-oracles.md): The Clearpool Oracle governance mechanism has been designed to ensure that the interest rate curves on Clearpool permissionless pools move fluidly with market conditions.
- [Oracle Voting Results](https://docs.clearpool.finance/clearpool/how-it-works/cpool-staking/oracle-voting-results.md): This section will contain all the reports from each voting round.