Unlocking Exponential Liquidity for cpTokens

[robtg4]

Introduction

Umoja Labs would like to propose that the Clearpool community invest 3.2mm CPOOL into research and development (R&D) to determine how best to unlock better secondary market liquidity for cpTokens. Specifically, the R&D would determine if the real-world-asset token bonded curve (RWA TBC) model is a viable pathway to

1. eliminate liquidity provider lock-in by increasing secondary market liquidity for cpTokens, and;
2. either (a) transform the CPOOL token into a flatcoin (b) introduce a new Clearpool token, or (c) create a multi-protocol token that is bonded to the value of Clearpool's tokenized RWAs (and thus serves as a higher-liquidity, exchangeable asset for said tokenized RWAs).

In our research, we found that Clearpool could exponentially increase its cpToken liquidity from its existing lock-up and cooldown model by enabling a RWA TBC either between Clearpool's originated assets and the CPOOL token or between such underlying assets and a new Clearpool token. The bonded token would be considered a flatcoin. Flatcoins, underpinned by tangible assets like bonds or real estate, offer a decentralized yet stable value, algorithmically linked to price indexes like the U.S. CPI.

We believe that Clearpool can make the model the most user-friendly and the most sustainable in the industry by simply allowing LPs to exchange their LP tokens for a single flatcoin, enabling the Clearpool protocol to purchase its own originated assets at a discount & generate recurring revenue in the process.

Objectives:

1. Exponentially increase secondary market liquidity for cpTokens
2. Increase protocol revenues by enabling re-purchase of cpTokens at a discount by enabling cpToken exchange with a protocol flatcoin
3. Establish Clearpool as the only RWA protocol that enables instant secondary market liquidity

Proposal:

Today, our proposal focuses on the following:

1. Clearpool community invest 3.2mm CPOOL for additional R&D of the RWA TBC model. The investment will be paid out on a milestone basis - which each milestone requiring transparent findings/update reporting to the Clearpool community.
2. Execution of R&D with a final recommendation to the Clearpool community (via a proposal) to either (1) develop the model into Clearpool's existing protocol ecosystem, or (2) not develop the model.

Additional Resources:

You may find the draft [white paper of our research here.](https://mirror.xyz/0xf97B8e8d0640280b7eeA81096fA54574F52B6063/fIPZWtS_PpNvS0cEdJTEYR2_VA75oXPrsdLkaXT2if8)

You can find a [video walkthrough by myself here.](https://www.loom.com/share/77f13dbbe6334ad4bc2b75cb6da1ece0?sid=29f490c9-abcd-4c94-998b-efa12e5c4b19)

Let us know your thoughts. We would love feedback from lenders, managers, borrowers, and token holders on this new model before moving to a formal proposal.