Clearpool & Optimism Rewards Campaign - Ended
Earn an additional 5% APR paid in OP Tokens for early LPs on the Optimism Market
Last updated
Earn an additional 5% APR paid in OP Tokens for early LPs on the Optimism Market
Last updated
To celebrate the launch on the OP Mainnet, the Optimism Foundation has granted 150,000 OP tokens to Clearpool, which will be used as rewards for early LP providers on the Clearpool Optimism Market. The grants represent the highest tier of rewards possible in Optimism’s latest cycle, and demonstrate the unique value that Clearpool brings to the OP Mainnet by transforming its lending landscape.
The first campaign will start immediately and run for 60 days where all lenders to liquidity pools on the Clearpool Optimism Market will receive additional LP rewards paid in OP. The OP rewards will be distributed in addition to the interest paid by borrowers. On a weekly basis, Clearpool will airdrop the OP rewards to the users lending to any borrower pools on Optimism, to the address used for providing liquidity. Every day a snapshot will be taken, and OP rewards will be calculated on the proportion of liquidity provided by the LP at that specific time. The first snapshot will be taken on 26th October 2023 and the final one will be taken on 24th December 2023.
Over the first 60 day campaign, the maximum daily distribution will be set to 657 OP tokens, leading to a total distribution of 40,000 OP tokens over the 2 months period. The APR of OP tokens will be capped at 5% to ensure a sustained distribution of the grant provided by the Optimism Foundation. See below table for more details on rewards distribution.
Snapshots will be taken every day at randomized times
Only LPs that were providing liquidity at the time of the snapshot will accrue OP rewards for that particular day
OP rewards will be calculated based on the proportion of liquidity that was provided by the LP at the time of each daily snapshot
OP rewards will be distributed weekly (Wednesdays) to the address you provide liquidity from
In case of a dispute regarding OP distribution, Clearpool reserves the right to a final decision\
Click here to visit the Clearpool Optimism Market.\
| Distribution Date | Details |
|---|---|
November 1st, 2023 | |
November 8th, 2023 | |
November 15th, 2023 | |
November 22nd, 2023 | |
November 29th, 2023 | |
December 6th, 2023 | |
December 13th, 2023 | |
December 20th, 2023 | |
December 27th, 2023 | |
January 3rd, 2024 | |
January 10th, 2024 | |
January 17th, 2024 | |
January 24th, 2024 | |
January 31st, 2024 | |
February 7th, 2024 | |
February 14th, 2024 | |
February 21st, 2024 | |
February 28th, 2024 | |
March 6th, 2024 | |
March 13th, 2024 | |
March 20th, 2024 | |
March 27th, 2024 | |
April 3rd, 2024 | |
April 10th, 2024 | |
April 17th, 2024 | |
April 24th, 2024 | |
May 1st, 2024 | |
May 8th, 2024 | |
May 15th, 2024 | |
May 22nd, 2024 | |
May 29th, 2024 | |
June 5th, 2024 | |
June 12th, 2024 | |
June 19th, 2024 | |
June 26th, 2024 | |
July 3rd, 2024 - END |
