Main Modules/Functions
Last updated
Last updated
Deposits: Users can deposit ckETH or ckBTC into the CLP platform and instantly receive corresponding CUSD stablecoins. The deposit process is simple and efficient, without cumbersome procedures, with the CUSD quantity generated calculated in real-time.
Loans: After depositing a certain amount of ckETH or ckBTC, users can borrow the equivalent value of CUSD. CLP implements a zero-interest lending policy, where users only need to pay a one-time fee to enjoy flexible, stress-free borrowing services.
Liquidation and Rewards Module: Liquidation Mechanism: CLP has a liquidation pool used for collateral liquidation to maintain system stability. Users can earn rewards by providing liquidation services, receiving additional CLPT tokens from the liquidation pool.
CLPT Rewards: Users can earn CLPT token rewards by depositing CUSD into the liquidation pool for participation in liquidation. CLPT also serves as a governance token for the platform, allowing holders to participate in voting and propose governance proposals.
Governance Rights: Users holding CLPT tokens are eligible to participate in CLP governance, voting on issues such as platform upgrades and parameter adjustments, actively contributing to the platform's future development.
Community Engagement: CLP encourages users to participate in community building by proposing innovative suggestions, engaging in discussions, and actively promoting the prosperity of the platform community.
