Clearpool plans XRPL expansion and CPOOL migration
5 Articles
5 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…
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…
Cryptocurrency News | Cryptocurrency Prices | Market Cap
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.
Coverage Details
Bias Distribution
- 100% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
