The CPOOL token
CPOOL is the utility and governance token for the Clearpool protocol.
CPOOL holders will soon be able to vote on the whitelisting of new borrowers who request to open a Clearpool liquidity pool. Voting will be subject to a CPOOL reward incentive scheme - more details to come soon.
When Clearpool achieves full decentralization, CPOOL holders will have full censorship-resistant control of the Clearpool protocol. They will be able to propose, vote and implement future changes and upgrades to the protocol.
A pre-staking program will be available after the public sale launch of the CPOOL token.
Before the mainnet launch of the Clearpool v1.0 protocol, a new long-term staking program will be announced.
CPOOL staking will be a required action for borrowers, who must stake an amount of CPOOL to access the area of the protocol where they can make a proposal to be whitelisted.
Pool APYs are enhanced with CPOOL rewards, making Clearpool one of the most attractive venues for DeFi lenders.
Last modified 1mo ago
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