Clearpool
  • Introduction
    • What is Clearpool
  • How It Works
    • USDX
      • For Lenders
    • Prime
      • Protocol
        • Rolling Loans
        • Call Backs
        • Interest Rate Mechanism
        • Revenue
      • Product User Guide
      • For Borrowers
        • MLA
      • For Lenders
    • Credit Vaults
      • Protocol
        • CpTokens
        • Bond NFT
        • Repayment and Penalties
        • Pool Terms
          • Pool Size
          • Interest Rates
          • Repayment Frequency
          • Withdrawal Request
        • Default
        • Revenue
      • Credit Risk Scoring
      • For Borrowers
        • Onboarding
          • MLA
        • Launching a Pool
        • Borrow & Repay
      • For Lenders
        • Providing Liquidity
        • Withdrawing Liquidity
        • Claiming Rewards
        • Banxa Credit Vault
    • Dynamic
      • Protocol
        • cpTokens
        • Interest Rates
        • Pool Size
        • Pool Notifications
        • Default
        • Insurance
        • Revenue
      • Credit Risk Scoring
      • For Borrowers
        • Onboarding
          • MLA
            • Platform Terms
            • Digital Currency Lending Agreement
            • Services Agreement
            • cpTokens Secondary Trading Agreement
            • Auction Settlement Terms
        • Launching a Pool
        • Borrow & Repay
        • Permissioned Pools
      • For Lenders
        • Providing Liquidity
        • Withdrawing Liquidity
        • Claiming Rewards
        • Clearpool & Mantle Rewards Campaign
        • Clearpool & Optimism Rewards Campaign - Ended
        • Clearpool & Polygon Rewards Campaign - Ended
    • Oracles and Staking
      • Clearpool Oracles
      • Oracle Voting Results
  • Clearpool
    • About
    • Roadmap
    • Team
    • Careers
  • DAO
    • Governance
    • CPOOL
      • Utility
      • Buybacks
      • Tokenomics
      • CEX & DEX Markets
      • CPOOL Bridge
  • Resources
    • Whitepaper
    • Media Pack
  • Security
    • Smart Contracts
    • Bug Bounty
  • Terms & Conditions
    • Restricted Countries
    • Privacy Policy
  • FAQ
    • For Borrowers
    • For Lenders
      • V1 (Deprecated Pools)
      • Terminated Permissioned Pools
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On this page
  1. How It Works
  2. USDX

For Lenders

Benefits

  • Flexibility: There are no lock-up periods, meaning you can deposit and withdraw your USDX anytime without restrictions.

  • Maximize Returns: Not only do you earn a treasury yield of ~5% APY on USDX, but your returns are boosted via extra FLR rewards.

Simple Process to Earn Yield & Rewards

  1. Deposit USDX & receive cUSDX: To begin earning yield, deposit your USDX holdings into the Treasuries Pool. In return, you will receive cUSDX tokens.

  2. Earn rewards & withdraw: Once you have deposited your USDX and received cUSDX, you will automatically start earning rewards. These rewards accrue continuously each block, allowing you to see your returns grow directly on the Clearpool app and withdraw them anytime.

  3. Convert cUSDX back to USDX: If you decide to withdraw your USDX, you can convert your cUSDX tokens back to USDX immediately, at any time.

Understanding cUSDX & Rewards cUSDX is the equivalent of an LP (Liquidity Provider) token commonly used in many DeFi protocols. It represents a 1:1 value of your deposited USDX. When you deposit USDX on Clearpool, you not only earn a yield on your USDX but also receive additional rewards in the form of FLR tokens. Users can claim USDX and FLR rewards at any time without withdrawing their initial USDX deposit.

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Last updated 1 year ago