Clearpool is a blockchain-based credit score market that connects debtors to lenders with internet hosting borrowing swimming pools. Lenders, once they present liquidity to a pool, obtain so-called cpTokens which are particular to the pool in return. Those that maintain the protocol’s governance token, CPOOL, can take part in voting and stake their tokens to earn rewards. To date, some $350 million of stablecoin loans have originated on Clearpool on the Ethereum and Polygon blockchains, per knowledge on Clearpool’s mortgage dashboard.
