Clearpool Cpool Staking Enhanced

Published on: 26.02.2023
Clearpool Cpool Staking Enhanced

Clearpool Cpool Staking Enhanced

The Clearpool Cpool Staking Enhanced. The unique staking mechanism of the Clearpool protocol allows each staker to play an important part in securing the interest rate pricing mechanism. Now, a new, cost-efficient feature enables the seamless withdrawal of stakes and rewards from multiple pools: all in one transaction.

New to Clearpool? Here’s how staking works

Users stake CPOOL to the selected Clearpool Oracle staking pools and earn rewards regardless of which Oracle they stake to. There are no fixed staking nor lock-up periods. It is important to note that you can stake and un-stake at any time, as well as claim your rewards, however, you will not earn any rewards from the epoch in which you un-stake. Rewards distributed at the end of each epoch (every 2 weeks) can be claimed at any time.

Improved dashboard

Discover the new Staking dashboard. The refactoring includes a dashboard makeover to match the new website theme but, was aimed at improving the UX design. Smoothly navigate to see the vital data, starting with the panel on the left where you can switch easily between ▷ My Stakes, ▷ Oracles and, if you are an Oracle, ▷ My Oracle.

Another new feature that has been implemented saves time and allows users to see their assets — both stakes and rewards — in USDC value.

About Clearpool

Clearpool the first decentralized marketplace for unsecured digital asset liquidity. Where institutional borrowers can create single-borrower liquidity pools & compete for uncollateralized liquidity directly from a decentralized network of lenders. Liquidity providers on Clearpool earn attractive yields, with pool interest rates enhanced by additional rewards paid in CPOOL — the protocol’s utility and governance token. The Clearpool LP tokens, called cpTokens, are the building blocks for a system of tokenized credit and on-chain risk management.

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