Enhancements to the Clearpool Oracle System

Clearpool Oracles and CPOOL Staking was successfully launched on October 10th 2022. Since then, over 126 million CPOOL are currently staked across 12 Oracle pools, representing over one-third of the circulating supply. The Oracle mechanism has been proven to produce results that ensure interest rates move with current market conditions and sentiment.

We are currently in the middle of the sixth epoch, which will end on 19th December 2022. The results of the previous five epochs can be found here.

Over the first five epochs, we have received some very positive and encouraging feedback from the Oracles and the CPOOL community. Thank you to all of you who have provided feedback.

Based on this feedback, a few minor changes will be implemented starting epoch number 7. The changes are as follows:

• All Oracles will be rewarded for voting regardless of where in the distribution of votes their submission falls
• Oracle rewards will be based on voting power, capped at 15%
• The 25–75 percentile method for removing outliers will be replaced with the Interquartile Range (IQR) method
• Oracle submissions will be publicly viewable via the Oracle voting result reports

If you are staking CPOOL, you do not have to do anything, as the changes will take effect at the transition of epoch 6 & 7. We do, however, encourage stakers to observe the staking page regularly, especially following the implementation of these changes, given that the voting power cap is changing and votes will be made visible.

Stake your CPOOL now!