๐ฅ $CPOOL Buybacks & Burns - Here's what you need to know!
๐๏ธ Once per quarter, Clearpool conducts a buyback and burn of $CPOOL using protocol revenue.
๐ In August 2023, Clearpool introduced an enhanced revenue model, skyrocketing the potential revenue generated by the protocol by an impressive 107%.
๐ฐ Clearpool's revenue now stems from:
1. A 5% interest rate spread from each borrower's pool
2. An additional 1% annualized protocol fee is paid monthly by each borrower
50% of this revenue goes to buybacks and burning $CPOOL, while the remaining 50% accrues to the Clearpool Treasury.
๐ Current #Buyback & #Burn statistics:
Revenue utilized for buybacks: $295,933.54
$CPOOL purchased via buybacks: 6,467,303.26
$CPOOL successfully burned: 5,782,715.51
$CPOOL deposited to rewards: 684,587.20
๐๏ธ The Q1 2024 $CPOOL buyback is just around the corner. Stay tuned! ๐
#DeFi #RWA #Lending
People who got in on the call are printing!
0% tax
Contract renounced
LP locked for 1000 years
The $JOKER film being released this year with the debut on valentines day
The community have nearly completed new website
This is my fun play of 2024
Who doesn't love the joker
PBOX NFT CONTRACT CODE
1/6 Hi everyone! Today, I want to discuss a our NFT smart contract, ERC721 standards of contracts is used for creating unique digital assets on the Ethereum blockchain. Let's break it down! ๐
+++++++
$PBOX #PBOX
Did i see recently any token who made that kind of reversal after some influencer tried to dump on it? Answer : NO
Do i think that @PBOXERC will hit 100-300M?
Answer : YES
Are the jeets who sold yesterday crying ?
Answer : YES
https://t.co/Nf6BdwftkK