Announcing Gate Listing and Airdrop Program
Clearpool’s token $CPOOL to begin trading on cryptocurrency exchange Gate.io Thursday, October 28th at 1 PM UTC.
Gate Trading Link
- USDT Trading
Gate.io is a top 10 cryptocurrency exchange that provides users a secure way to trade. The crypto exchange, founded in 2013, is one of the oldest cryptocurrency exchanges.
Clearpool Single Borrower Liquidity Pools & Uncollateralized DeFi Liquidity
Clearpool is a Decentralized Capital Markets Ecosystem, where institutional borrowers can create single borrower liquidity pools and borrow uncollateralized liquidity directly from the DeFi ecosystem.
On Clearpool institutional borrowers can create single borrower liquidity pools and compete for uncollateralized liquidity directly from the DeFi ecosystem.
Liquidity providers (LPs) on Clearpool can earn attractive yields, with pool interest rates enhanced by additional LP rewards paid in CPOOL — Clearpool’s utility and governance token.
Clearpool LP tokens, called cpTokens, are the building blocks for a system of tokenized credit that will provide Clearpool LPs with risk management and hedging capabilities.
Clearpool is the first dynamic credit market for unsecured liquidity on the blockchain.
As more institutions begin to realize the benefits that decentralized finance can bring to their organizations, Clearpool will provide the new architecture to facilitate flows between the $120 trillion traditional capital markets and the burgeoning DeFi ecosystem.
Listing on Gate.io shows the high level of interest towards CPOOL token, as Gate.io is the sixth-largest centralized exchange based on trading volume and has 4 million users in 120 countries globally. Additionally, listing on Gate.io will provide more options for users to purchase and hold CPOOL tokens.
Gate.io is kicking off their $CPOOL token launch with a Free Airdrop Program, detailed below (originally published on the Gate.io site here).
About Gate.io Startup Free Airdrop Program
To reward platform users, Gate.io launched the “Startup Project Free Airdrop Program” and free airdrops for excellent blockchain projects launched in the Startup area from time to time. VIP and GT users can get a variety of tokens airdrop benefits.
This Clearpool (CPOOL) Startup subscription is a free subscription and will not deduct the users’ participation funds at the end of the event.
- Startup Link: https://www.gate.tv/startup
- Token name: Clearpool
- Token symbol: CPOOL
- Max Supply：1,000,000,000
- Token Type: ERC-20
- Contract: TBA
Token distribution ratio and unlocking rules:
- Seed: 3.33% Daily vesting over 12 months
- Private 1: 4.00%. 3 months cliff, daily vesting over 12 months
- Private 2: 5.00% 3 months cliff, daily vesting over 12 months
- Public: 50% TGE, 50% after 6 months
- Team: 15.00% 6 months cliff. Daily vesting over 24 months
- Partnerships: 10.00% 6 months cliff. Daily vesting over 24 months
- Pool Rewards: 20.00% 2% unlocked per month for 50 months
- Ecosystem: 10.15% 5% unlocked at listing. Monthly unlock over 24 months
- Liquidity: 15.00% 10% unlocked at listing. Monthly unlock over 24 months
- Reserves: 17.17% 60 months vest
- Website: https://clearpool.finance/
- Litepaper: https://app.sharedocview.com/visualizer/615290d855382f7bd7d1419f
Clearpool Startup Sale Rules
(1) Duration: 10:00 am 27th Oct 2021–10:00 am 28th Oct 2021 (UTC)(Orders placed by qualified users within these 24 hours will be treated equally.)
(2) Trading starts time: 13:00pm 28th Oct, 2021 (UTC)
Trading pairs: CPOOL / USDT
(3) Price: 0 USDT(Public price:$0.04)
(4)Startup Supply: 750,000 CPOOL
(5) Users purchase using USDT.
(6) Unlock rule: 50% TGE and 50% release 6 months after TGE.
(7) To participate in Startup Sale, users will need to be VIP1 and above, can only purchase once with each KYC account.
(8) Purchase limit: The maximum subscription limit for a single user is 1000 shares; the relationship between the VIP level and the maximum number of subscriptions (not the final actual subscription number) = the square of the VIP level multiplied by 10.
- VIP2 users can subscribe up to 2 * 2 * 10 = 40 shares
- VIP3 users can subscribe up to 3 * 3 * 10 = 90 shares
(9) Users need to ensure a sufficient balance (exceeding the purchase value) in accounts for the purchase after placing the orders until we announce the sale result. An insufficient balance will result in the cancellation of the purchase order.
(10) We will collect all the qualified orders and distribute the tokens according to the ratio of the individual purchase orders to the purchase orders in total. The final result will be announced before trading starts.
Gate.io Labs Private Sale Participating Disclosure
Gate.io Labs has not participated in the Clearpool(CPOOL) investment.
(1) Countries not supported: Afghanistan, Albania, Belarus, Bosnia and Herzegovina, Burundi, Burma, Canada, China, Democratic Republic of Congo, Cuba, Ethiopia, Guinea-Bissau, Guinea, Iran, Iraq, Japan, Liberia, Lebanon, Libya, Macedonia, Malaysia, New Zealand, Serbia, Sri Lanka, Sudan, Somalia, Syria, Thailand, Trinidad and Tobago, Tunisia, Uganda, Ukraine, United States of America, Venezuela, Yemen, Zimbabwe.
For users from other countries, please check and make sure your participation in the token sale on Startup complies with local laws and regulations.
(2) Risk Warning:
- The project team does not guarantee that the token price will not be lower than its startup sale price. Please invest with caution, and don’t invest beyond your financial capacity.
- The start-up project is still in its initial stage; factors including the operation and underlying technology of the project and other related regulatory activities might contribute to significant risks.
- Advanced technical and financial knowledge is required to understand and evaluate the inherent risks of crypto-asset investment.
- The market volatility is high, and the price of a token might fluctuate drastically due to technical, regulatory, and marketing factors.
- Users may not be able to withdraw all the purchased tokens due to technical issues of the project or Gate.io.
(3) Requirements for participants
- The participant should register on Gate.io and Log in;
- After logging in, complete user identity verification;
- Deposit a certain amount of cryptocurrencies in your gate.io account;
- Sign the Purchase Agreement on Startup before placing orders.
Gate will open an Automated Market Maker (AMM ) for CPOOL and launch an AMM “liquidity-mining” reward. Users who provide market liquidity by inserting liquidity in will get rewards from liquidity pool transaction fees and GT token rewards from liquidity reward pool. High annual rate rewards with security.
AMM Trading Market and AMM Liquidity Mining
Gate.io has launched a new version of the liquidity pool (centralized automatic market maker (AMM) transaction service) on August 1st, 2021: allowing most of the new currency and non-mainstream currency markets to obtain the same liquidity advantage as Uniswap and enables users to enjoy the low-cost and high-quality user experience of the centralized platform. Gate.io will continue to add different currencies; please pay close attention to follow-up announcements.
The rules for markets to upgrade to the Automated Market Maker (AMM) model are as follows:
1) Fixed 0.3% commission fee for both Taker and Maker (temporarily consistent with Uniswap, subject to the needs of both market parties)
2) A fixed percentage (such as 50%) of the transaction fee will automatically be changed into GT through the open market and put into the AMM Reward Pool.
3) Anyone can become a liquidity provider (LP) and get the transaction fee rewards from the liquidity pool and the GT rewards that are invested in the liquidity bonus pool.
4) Liquidity providers provide liquidity to the market, but they need to bear in mind the risk of impermanent losses. For example, if the market price doubles, the impermanence loss is about 7%, and if the market price drops back to the original point, the impermanence loss disappears.
5) Liquidity providers can take bonuses and withdraw at any time
Gate.io allows blockchain enthusiasts to trade and store assets in over 890 leading cryptocurrencies for over six million users from over 190 countries. The exchange offers spot, margin, futures, and contract trading in addition to DeFi products through Hipo DeFi, custodial services through Wallet.io, investments through Gate Labs, and its dedicated GateChain platform. The company also offers a wholly integrated suite of products such as its Startup IEO platform, NFT Magic Box marketplace, crypto loans, and more.
Clearpool is a decentralized capital markets ecosystem where institutional borrowers can access unsecured liquidity and where liquidity providers can earn attractive risk-adjusted returns.
The first decentralized dynamic marketplace for unsecured liquidity, where supply and demand always ensure each pool reaches a state of equilibrium in terms of size and interest rate.
A paradigm shift in how institutions borrow uncollateralized liquidity is upon us.