On the 11th, Clearpool, a cryptocurrency lending protocol for institutional investors, announced a proposal to expand its operations to the XRP Ledger. The plan involves transitioning the existing CPOOL tokens to new CLEAR tokens on a 1:1 basis, alongside restructuring the protocol's financial foundation.
According to the proposal, 70% of the new token supply will be allocated to existing CPOOL holders, while the remaining 30% will be distributed among the ecosystem, financial reserves, and contributors. The supply at the time of transition...
