Clearpool Uncollateralized Lending On Polygon
Clearpool Has Launched Uncollateralized Lending on Polygon
Clearpool uncollateralized lending on Polygon, the leading sustainable scaling solution for Ethereum, to provide greater capital efficiency and improved user experience.
Clearpool’s innovative DeFi protocol, gives institutional borrowers access to uncollateralized liquidity provided by a decentralized network of lenders, will now be available on Polygon, bringing large-scale institutional DeFi to the Ethereum-compatible scaling platform for the first time. Clearpool has originated over 180 million USD of institutional loans since its launch on the Ethereum network in March 2022, and its users include leading crypto and TradFi institutions such as Wintermute and Jane Street. The integration with Polygon is expected to bring increased user efficiency as well as significantly enhance the scalability of the platform.
The launch on Polygon will also see the introduction of an exclusive promotion. For a limited period, lenders to the genesis liquidity pools launched on Clearpool/Polygon will be able to farm MATIC rewards, in addition to the USDC interest and CPOOL LP rewards already available to LPs.
About Polygon
Polygon the leading blockchain development platform, offering scalable, affordable, secure and sustainable blockchains for Web3. Growing suite of products offers developers access to major scaling solutions including L2, sidechains, hybrid, stand-alone & enterprise chains, & data availability. Polygon carbon neutral with the goal of leading the Web3 ecosystem in becoming carbon negative.
About Clearpool
Clearpool the first decentralized marketplace for unsecured digital asset liquidity. Institutional borrowers can create single-borrower liquidity pools and 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 Clearpool building the architecture to facilitate flows between traditional capital markets and the burgeoning DeFi ecosystem. The Clearpool back by leading investors from both traditional venture capital and blockchain. Including, Sequoia Capital India, Arrington Capital, Sino Global Capital, Hex Trust, Huobi Ventures, GBV Capital, HashKey, and Wintermute.
