I think a lot of people don’t realize how institutional credit lines actually behave on-chain.
Even when a borrower commits to a multi-million facility, they rarely sit at 100% utilization.
"Credit Vaults" are basically a more flexible RLOC model:
Borrowers draw when needed, and lenders earn on the full commitment through a mix of utilization fees, undrawn fees, and conservative deployment into Aave/Compound.
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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