Clearpool plans XRPL expansion and CPOOL migration
6 Articles
6 Articles
Clearpool plans XRPL expansion and CPOOL migration
Clearpool has proposed expanding its institutional lending products to the XRP Ledger while replacing CPOOL with CLEAR through a 1:1 token migration and treasury recapitalization. Clearpool plans institutional credit products on XRPL Clearpool said in its governance proposal that the…
Clearpool proposes moving its institutional credit products to the XRP Ledger, replacing CPOOL with CLEAR through a 1:1 migration and allocating part of the commissions to buy back and burn the new token.
DeFi Protocol Clearpool Executes Core Infrastructure Migration to XRPL
TL;DR: Clearpool abandons Ethereum exclusivity and migrates its core infrastructure to the XRP Ledger, replacing the CPOOL token with CLEAR at a 1:1 ratio. The protocol will launch an institutional credit fund alongside Cicada Partners, with Ripple as a partner and settlements exclusively in RLUSD. The new deflationary model will burn 50% of all fees ...
🚨 Clearpool will migrate its core infrastructure to XRPL, transitioning to the CLEAR token within the $XRP ecosystem. 📌 The project will establish an institutional loan fund for fintech and payment companies with Cicada Partners. 💵 All payments and distributions within the fund will be made exclusively in RLUSD. 🗳️ The proposal will be submitted to Snapshot voting after a 14-day community consultation period. Read More: Clearpool will migrat…
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u.todayRipple's On-Chain Lending Partner Picks XRP Ledger for Token, Leaves Ethereum Behind
Ripple’s credit partner Clearpool abandons Ethereum exclusivity for XRPL, triggers a 1:1 token migration, and launches a 50% fee-burn scheme.
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