TechFlow News — According to official announcements, DeFi lending protocol Clearpool has launched Credit Vaults on the Ethereum Layer 2 network Base. Credit Vaults allow borrowers to customize interest rates, repayment schedules, and KYC requirements, improving lending efficiency while offering lenders higher yields, thereby attracting more participants.
Since its launch, Clearpool has facilitated over $530 million in loans and drawn 21 institutions into its borrowing pool, including Jane Street, Banxa, and Flow Traders. Clearpool CEO Jakob Kronbichler stated that the deployment on Base opens new opportunities for institutions to securely and compliantly access on-chain private credit.
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