🤝 Clearpool has partnered with Cicada to institutionalize PayFi lending with risk-managed Credit Pools Cicada is an on-chain credit risk management company founded by a seasoned team of former buy- and sell-side credit professionals. Cicada’s co-founders have deep crypto lending expertise, having underwritten >$850m in loans at a 1.2% default rate during the prior cycle. As part of the collaboration, Cicada will: • Underwrite PayFi lending opportunities • Manage risk on behalf of lenders through Clearpool’s Port Vaults • Serve as the administrative and monitoring agent for select Credit Pools Read the announcement 👇 $CPOOL