Clearpool Partnership With Polygon Network
Clearpool, the first decentralized marketplace for unsecured liquidity on the blockchain, is coming to the Polygon ecosystem. Clearpool will be integrating the full-stack scaling solution to provide greater access and improved functionality to its users.
Polygon is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building and connecting two major types of solutions: secured chains (aka layer 2 chains), and stand-alone chains (aka sidechains).
The integration with Polygon and its growing ecosystem will bring Clearpool’s innovative product solutions to a wider market and allow the protocol to scale at a rapid pace while at the same time providing a faster and more cost-effective option for users to interact with the DeFi protocol.
This integration is a lucid signal that Clearpool is being built with both retail as well as institutional users central to its plans. The Clearpool protocol links institutional borrowers directly with the DeFi ecosystem, allowing liquidity providers, both institutional and individual, to lend to the crypto companies of their choice.
“Clearpool is being built to exist in a multi-chain universe where cross-chain liquidity flows can be efficiently leveraged by DeFi lenders and borrowers. The integration with Polygon is an important first step in the development of that vision. Polygon has a huge ecosystem which continues to grow, and we are excited to be bringing our innovative solutions in DeFi lending and borrowing to that ecosystem.” — Robert Alcorn, Clearpool CEO & Co-Founder
Clearpool will bring its single-borrower liquidity pools, thematic pools, and tokenized credit solution to the Polygon ecosystem, giving retail lenders greater access to the high-yielding lending opportunities that have made Clearpool one of the most anticipated DeFi launches in recent times.
ABOUT Clearpool
Clearpool is a Decentralized Capital Markets Ecosystem, where institutional borrowers can create single borrower liquidity pools and compete for uncollateralized liquidity directly from the DeFi ecosystem.
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ABOUT Polygon
Polygon is the leading platform for Ethereum scaling and infrastructure development. Its growing suite of products offers developers easy access to all major scaling and infrastructure solutions: L2 solutions (ZK Rollups and Optimistic Rollups), sidechains, hybrid solutions, stand-alone and enterprise chains, data availability solutions, and more. Polygon’s scaling solutions have seen widespread adoption with 3000+ applications hosted, 1B+ total transactions processed, ~100M+ unique user addresses, and $5B+ in assets secured.
RESOURCES
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