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Clearpool is a blockchain-based credit score market that connects debtors to lenders with internet hosting borrowing swimming pools. Lenders, after 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. Thus far, some $350 million of stablecoin loans have originated on Clearpool on the Ethereum and Polygon blockchains, per information on Clearpool’s mortgage dashboard.
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