on-chain credit has largely relied on fixed term structures that charge interest on the full notional amount, even when borrowers only need part of the line.
$CPOOL ’s new Credit Vaults introduce a revolving line of credit model that lets institutions draw and repay in real time, improving efficiency for borrowers while increasing effective returns for lenders through utilization, undrawn fees, and controlled deployment into markets like Aave and Compound.
the first Credit Vaults go live soon, marking a major step in the development of @Clearpool’s PayFi architecture.
In on-chain credit markets, many facilities are structured as if balances will always be fully drawn. Institutions end up paying a fixed rate on committed capital even when they do not need to utilize the entire line.
Clearpool’s new Credit Vaults address this with a purpose-built revolving line of credit (RLOC) architecture.
Borrowers draw only as needed, while lenders earn on the full commitment through utilization, undrawn fees, and low-risk deployment into markets like @aave and @compoundfinance.
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