Decentralized finance (DeFi) protocol Clearpool will deploy its institutional credit platform Prime exclusively on the Ethereum scaling tool Polygon network, the protocol told CoinDesk in a statement. “We have been working closely with the Polygon team since we launched the permissionless protocol on Polygon in June,” Rob Alcorn, CEO and co-founder of Clearpool, said in an email. “We have a strong relationship and continue to work together to deliver institutional DeFi products.” Clearpool Prime will act as an institutional-grade capital marketplace, where borrowers can create credit pools, and liquidity providers can invest to earn yield. The platform is set to start operating in the first quarter of this year, CoinDesk reported earlier. (Coindesk)
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DeFi Protocol Clearpool Chooses Polygon Network for Its Institutional Lending Platform
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