Clearpool
Crypto Overview
Project Overview
Clearpool is a decentralized finance (DeFi) protocol that enables institutions to borrow from decentralized capital markets. The platform facilitates uncollateralized lending between institutional borrowers and lenders. CPOOL is the protocol's native governance token used for platform governance and incentivizing liquidity providers.
Intended Utility
The primary purpose of CPOOL is to serve as a governance token for the Clearpool protocol, allowing holders to participate in decision-making processes regarding protocol parameters, upgrades, and treasury management. Token holders can also stake CPOOL to earn protocol fees.
Actual Utility Assessment
The platform has demonstrated real-world adoption with notable institutional participants including Wintermute, Amber Group, and FBG Capital. The protocol has facilitated significant lending volume, showing legitimate utility in DeFi markets. Developer activity remains consistent with regular protocol updates and improvements.
Token Distribution and Governance
Initial token distribution allocated 30% to the team and advisors with a 2-year vesting period, 25% for ecosystem development, 20% for community incentives, 15% for private sale participants, and 10% for public sale. The vesting schedule appears designed to prevent immediate dumps and align long-term interests.
Revenue Model Analysis
The protocol generates revenue through borrowing fees paid by institutional borrowers. These fees are distributed to liquidity providers and CPOOL stakers. The core mechanism involves interest-based lending, which raises significant Shariah compliance concerns.
Crypto Impact
To assign a comfort level investing in Clearpool from a halal perspective we need to determine whether it has a net positive or negative impact.
Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to Clearpool.
If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.
We will review your contribution for accuracy before publication.
Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.
You only have one vote per asset so use it wisely.
You can change your vote if you change your mind.