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 generated and distribute the remainder among active protocol stakers.

The decentralized credit protocol Clearpool announced the abandonment of its exclusivity within the Ethereum ecosystem to migrate its core infrastructure to the XRP Ledger (XRPL).

This decision also entails a complete replacement of its native token: CPOOL, launched in 2021, will be replaced by CLEAR at a 1:1 ratio. The proposal was published on the project’s governance forum and includes a 14-day community discussion period before being submitted to a final vote on Snapshot.

Clearpool is entering its next growth phase, expanding to the XRP Ledger.

XRPL is one of the most established networks, with institutional credit still largely untapped. We're bringing real-world, institutional-ready lending infrastructure, built natively on XRPL.

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