Clearpool & Polygon Rewards Campaign - Ended

Additional APR was paid in MATIC for early LPs on the Polygon Market. Results attached!

We would like to thank everyone that participated as early LPs on the Clearpool Polygon Marketplace. The final Snapshot was taken on the 26th of September, and MATIC rewards were distributed shortly after. Results of this campaign can be found here.

Transaction Hash

Amount Distributed

To celebrate the launch of Clearpool on Polygon, Polygon had provided 170,000 MATIC tokens, available to be farmed by early LP's on the Clearpool Polygon Marketplace.

For 60 days commencing on the 28th July 2022, all lenders (LP's) to liquidity pools on the Clearpool Polygon Marketplace would receive additional LP rewards paid in MATIC.

Clearpool took daily snapshot of the pool LP's, and calculated the APR accordingly. The live MATIC APR was being displayed on the app, and accrued by LP's in addition to USDC interest and CPOOL LP rewards.

At the conclusion of this limited 60 day promotional period. Clearpool distributed, via airdrop, the MATIC rewards to participating wallet addresses. The amount of MATIC rewards earned was proportionate to the amount of liquidity provided and the current APR at each snapshot timestamp.

To participate you simply had to supply USDC liquidity to a borrower pool on the Clearpool Polygon Marketplace during the promotional period. To maximise rewards LPs were reminded to deposit early, and ensure that funds remained deposited for the entire promotional period! USDC interest and CPOOL LP rewards have continued to accrue on balances that remain deposited after the promotion ended.

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Last updated 12 months ago