Decentralized Credit Marketplace Clearpool Launches Credit Vaults on Base
2024-07-02 13:31:23
On July 2nd, the decentralized credit marketplace Clearpool announced the launch of Credit Vaults on Base, allowing borrowers to set their own parameters, including interest rates, repayment plans, and KYC requirements, giving them greater control and customization options. Additionally, Clearpool disclosed data that since its launch, the Clearpool protocol has disbursed more than $530 million in loans, and 21 institutions have joined Clearpool and established a pool of borrowers, including Wall Street giant Jane Street, public companies Banxa and Flow Traders, and leading cryptocurrency trading firm Wintermute.
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