Audio from the August 30th, 2022 installment of “Polygon Alpha” with Robert Alcorn, the co-founder and CEO of Clearpool.LinkTree - https://linktr.ee/polygonalphapodcastPolygon Alpha Shorts - https://tinyurl.com/PolygonAlphaShortsYouTube - https://www.youtube.com/c/PolygonTVApple - Follow the show on Apple Podcast!Spotify - Follow the show on Spotify!RSS feed - https://api.substack.com/feed/podcast/863588.rssClearpool - Clearpool is a decentralized marketplace for unsecured institutional capital. - It allows institutions to borrow funds from a decentralized network of lenders without the need for collateral. - On Clearpool, whitelisted institutional borrowers can create and launch individual single-borrower liquidity pools. - Lenders can earn attractive risk-adjusted rates of interest for supplying liquidity to a borrower pool. - Anybody can be a lender, and yields are enhanced with additional CPOOL rewards, making Clearpool one of the most attractive venues for DeFi lenders. - Institutions interested in becoming borrowers can request to be whitelisted by contacting the Clearpool team. - Complete the form on the Borrow page on the Clearpool App. - Based on an initial assessment conducted by the core team, successful institutions will move on to the onboarding stage. - Borrowers will be guided through an onboarding process consisting of the following steps:1) KYC and AML – This process is conducted by Clearpool's partner - Credora2) Legal Agreements – Borrowers (and lenders) must agree to the Clearpool Terms & Conditions3) MPC Wallet – A supported multi-party computation wallet (MPC) is recommended (but not required) to borrow and repay liquidity4) Credit Risk Assessment – A credit risk score and borrower capacity will be calculated by Credora (see Credit Risk Scoring for more information) - Following the successful completion of this process, the final step is for the borrower to stake CPOOL in order for the pool to be launched. - Borrower stake – Borrowers stake CPOOL before the pool is launched* - Once a borrower has completed the onboarding process and paid the Borrower Fee, the liquidity pool will be launched by the Clearpool Governor multi-sig, and will become visible on the Lend page where it can be funded by lenders (see For Lenders section for more information). - Currently, all pools are denominated in USDC. Other assets may be proposed and added via governance in the future.Host: Justin Havins aka Crypto TexanAV Engineer: Aaron PettijohnPolygon official channel: Website: polygon.technologyTwitter: twitter.com/0xPolygon Telegram Community: t.me/polygonofficial Telegram announcement: t.me/PolygonAnnouncements Reddit: www.reddit.com/r/0xPolygon/ Discord: discord.com/invite/polygonFacebook: www.facebook.com/0xPolygon.Technology/ This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit polygonalpha.substack.com