We are excited to introduce the Crato Liquidity Protocol (CLP), a cutting-edge CDP-based liquidity protocol designed specifically for the ICP ecosystem. As the first native stablecoin and liquidity solution within ICP, CLP aims to revolutionize the way we interact with digital assets, providing a secure and efficient platform for asset management and stablecoin issuance.
About CLP
CLP is a decentralized finance (DeFi) project that leverages the capabilities of the Internet Computer (ICP) blockchain to offer a robust liquidity protocol. Our main features include:
Vaults: Users can deposit assets such as ICP, ckBTC and ckETH to create Collateralized Debt Positions (CDPs).
Borrowing: Users can borrow our native stablecoin, CUSD, against their deposited assets.
Liquidation Pools: These pools ensure the stability of the system by handling the liquidation of undercollateralized CDPs.
Future Modules: Staking and Governance modules are under development to further enhance our ecosystem.
Latest Progress
The product speaks the best language of communication. After months of rigorous development and testing, CLP has successfully completed its first phase of product development. We have implemented and deployed the main modules, including deposits, withdrawals, lending, and liquidation, in a test environment. The public beta testing phase is now live, and we invite the community to actively participate and provide feedback.
Current Activities and Airdrop Plan
We are thrilled to announce the public beta testing and airdrop plan for CLP! Here are the highlights:
Community Promotion Airdrop: Follow our Twitter account, retweet our post, @ three friends, and join our Telegram group. Each week, we will select 10 lucky winners for four weeks.
Testnet Participation Airdrop: Engage with our product on the testnet. All participating addresses will be recorded and considered for the airdrop.
Feedback Submission Airdrop: Provide your valuable feedback on the CLP product, CDP track, and ICP ecosystem. Rewards will be given based on the first submission of unique suggestions.
For more detailed information about our airdrop activities, please visit this link.
Get Involved
Join us in shaping the future of liquidity and stability in the ICP ecosystem. Your participation and feedback are crucial to our success.
Congratulations on the launch of our testnet! I invite everyone to participate in testing and warmly welcome your feedback. Feel free to engage with us on Twitter and Telegram at any time.
According to official recommendations, we directly deploy products to the main network, and users use test tokens for testing. The testing process will not require you to transfer or authorize. So your assets are safe.
Our staking feature has been live on the testnet since October 14th! If you haven’t tried it yet, now’s the perfect time. Stake your $CLPT, earn test rewards, and help us improve this exciting feature before the official mainnet launch.
Please note, all tokens and rewards earned during this phase are testnet tokens. Once we launch on the mainnet, you will be able to stake for real tokens.
Discover the latest developments and vision behind CLP, a groundbreaking decentralized liquidity solution supported by the ICP Foundation’s Developer Grant. In this video, we walk through CLP’s innovative features, including seamless cross-chain asset management, core modules like Vaults and Staking, and our journey from early development to launch-ready status. We also highlight our valuable partnerships and future goals in DeFi. Join us in shaping the future of decentralized finance, and learn how CLP is setting new standards for security, efficiency, and growth. Stay tuned and connect with us for more!
Statement on Systemic Risk Management and Ecosystem Development Plan in the Audit Report
I. Dual-Pillar Risk Control System
Liquidation Efficiency Assurance
Built on the ICP blockchain as the underlying infrastructure, leveraging its tens of thousands of TPS and sub-second confirmation speed, the system compresses forced liquidation response time to minutes. This ensures automated liquidation can be completed before prices breach risk thresholds, even during extreme BTC volatility (e.g., 20% single-day drops or black swan events).
Dynamic Collateral Mechanism
A two-tier risk control model is implemented:
Base Collateral Ratio: Benchmark value set via Monte Carlo simulations based on BTC’s historical volatility.
Governance Adjustment Module: Parameters are reviewed and adjusted quarterly through DAO voting.
II. Ecosystem Expansion Strategy
The CLP ecosystem will transcend the single stablecoin framework to establish a multi-layered economic model:
Application Layer
Develop or integrate cross-chain DEX swap protocols.
Develop or integrate metaverse payment gateways.
Develop or integrate DeFi lending rate anchoring systems.
Tiered incentive mechanisms for automated market makers (AMM).
Risk Hedging System
Liquidation insurance pools (e.g., example implementation).
Volatility swap contracts (e.g., example implementation).
Stress-test DAO governance modules (e.g., quarterly extreme scenario simulations).
Capital Efficiency Engine
Collateral fragmentation and reuse protocols.
Structured yield-tiered products.
Cross-chain collateral portfolio optimizers.
Through this multi-tiered architecture, the CLP system will form a closed-loop structure integrating “stablecoin infrastructure – financial instrument matrix – real-world application scenarios”, achieving synergistic growth in capital efficiency and ecosystem value while maintaining systemic robustness. All expansion modules will be implemented via modular smart contracts, with critical parameter adjustments governed by DAO voting to ensure evolution aligns with community consensus.
If you haven’t tried it yet, now’s the perfect time. Stake your $CLPT, earn test rewards, and help us improve this exciting feature before the official mainnet launch. 
