ClearpoolPrice

(CPOOL)

Droplets are points earned as part of Ozean’s pre-deposit campaign, designed to reward early engagement with the new Layer-2 chain. Users accumulate Droplets by depositing various supported assets, such as USDX, USDC, or wBTC. Earning these points qualifies participants for future rewards and potential airdrops, encouraging the provision of liquidity and active participation in the Ozean ecosystem from its initial stages.

CPOOL serves as the crucial governance token for both the core Clearpool protocol and the new Ozean Layer-2 chain. Stakers of CPOOL tokens are anticipated to receive a share of the revenue generated from Ozean’s L2 sequencer fees. Additionally, CPOOL stakers are expected to earn yield directly from the Ozean treasury, thereby linking the token's utility and value to the growth and operational success of the Ozean chain.

If an institutional borrower's loan pool utilization remains at 'Warning' levels (between 95% and 99%) for a continuous five-day grace period, a default is officially triggered. Subsequently, an auction commences where participants can bid for the defaulted pool’s debt, represented by cpTokens. This mechanism is designed to enable the recovery of funds for lenders by facilitating the market-driven acquisition of the outstanding debt.

Yes, Clearpool maintains a dedicated Insurance Fund to enhance lender protection. A portion of the interest generated from all active loan pools is periodically allocated to this fund. In the event of a borrower default, the Insurance Fund is utilized to compensate affected lenders or to establish a minimum bid price during the subsequent debt auction, aiming to mitigate potential financial losses and provide a safety net for participants.

CPOOL Staking involves locking your CPOOL tokens to support the protocol's Oracles, earning CPOOL rewards in return for securing critical network functions. In contrast, Lending on Clearpool means providing stablecoins (like USDC or USDT) to specific institutional borrower pools. Lenders earn interest directly in the stablecoin they provided, supplemented by additional CPOOL incentives, effectively generating yield from real-world institutional credit demand through decentralized finance.

Clearpool is distinguished by its unique single-borrower pool model within the institutional credit market. This design empowers lenders with precise control, allowing them to directly choose and lend to specific institutions they have vetted and trust. Unlike models that may pool funds across multiple borrowers, Clearpool's approach offers enhanced transparency and direct choice, catering to lenders who prefer to manage their exposure to individual institutional credit risks with greater specificity and autonomy.