🌸Eri ~ Carpe Diem
@sentosumosaba
Since 2018, dissecting blockchain research while exploring the intersection between Finance and AI. Cofounder of & 3 Big Waves Media.
Joined February 2017
4.7K Following 290.4K Followers
Clearpool aims to be “the Morpho of XRPL” with a new bridged token. First: CPOOL holders vote on Snapshot. 👉If it passes, CPOOL Token migrates 1:1 to a new ERC-20 "CLEAR" Token. Some CLEAR is then *bridged* to XRP Ledger.
3. CLEAR Token drips extra incentives to ethereum:0x8292bb45bf1ee4d140127049757c2e0ff06317ed vault depositors.
4. Loans stay in ethereum:0x8292bb45bf1ee4d140127049757c2e0ff06317ed.
5. $XRP = tiny burned gas plus locked reserves.
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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.
To power it, we're putting forward a proposal: a treasury recapitalisation and a migration from CPOOL to CLEAR, funding the incentives and growth behind this next chapter.
A massive opportunity, and we're going after it 🧵.
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