CLEAR Tokenomics

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The Challenge: Bootstrapping Crosschain Liquidity

In web3 today, new chains and solvers face a critical deadlock: chains need solvers to provide liquidity for users to enter their ecosystem, but solvers need to know there will be volume before deploying capital. Neither can move first.

Currently, chains must negotiate one-to-one deals with bridges, often spending $100K-1M+ on manual agreements. This process is inefficient and expensive, leaving many chains without proper bridge support and limiting ecosystem growth.

The Solution: Vote-Bonding Mechanism

vbCLEAR creates a marketplace that transforms this process through a vote-bonding mechanism. By staking CLEAR, participants receive vote-bonded CLEAR (vbCLEAR), which allows them to direct incentives to specific chains, creating a coordinated system for liquidity deployment.

Mechanism Details

Staking

• Holders can stake CLEAR for periods ranging from 3 to 24 months

• Longer staking periods result in greater voting power through vbCLEAR

• Early unstaking is possible with penalties between 5 and 22.5% proportional to the remaining lock period

• Fixed yield is distributed to stakers based on lock time

• Stakers can claim yield from any chain on a two-weekly distribution cadence

Voting

• Voting occurs in two-week epochs

• vbCLEAR holders vote to direct emissions toward specific chains

• Votes must be recast each epoch

• Holders can delegate their voting power to active participants

• One vote per wallet per epoch

Stakeholder Benefits & Actions

Chains

Participation Method:

• Purchase and stake CLEAR

• Direct incentives to their ecosystem through voting

• Create sustainable liquidity flows

Benefits:

• Attract solver liquidity without manual deals

• Bootstrap crosschain activity from day one

• Reduce costs of ecosystem expansion

Solvers

Participation Method:

• Follow incentive signals from vbCLEAR voting

• Deploy capital to incentivized chains

• Earn rewards for settlement activity

Benefits:

• Clear signals for capital deployment

• Upfront incentives before volume exists

• Reduced risk when entering new chains

Stakers

Participation Method:

• Stake CLEAR for up to 24 months

• Vote on incentive direction

• Option to delegate voting power

Benefits:

• Participate in protocol governance

• Earn a share of protocol fees

• Influence ecosystem growth

• Flexible staking durations

DISCLAIMERS

THIS IS FOR INFORMATIONAL PURPOSES ONLY AND YOU SHOULD NOT RELY ON THE CONTENT HEREIN FOR ADVICE OF ANY KIND, INCLUDING LEGAL, FINANCIAL, TAX, OR OTHER PROFESSIONAL ADVICE, AND SUCH CONTENT IS NOT A SUBSTITUTE FOR ADVICE FROM A QUALIFIED PROFESSIONAL OR YOUR OWN RESEARCH. EVERCLEAR FOUNDATION AND ITS SUBSIDIARIES MAKE NO REPRESENTATION OR WARRANTY, EXPRESS OR IMPLIED, AS TO THE COMPLETENESS, RELIABILITY, VALIDITY, OR ACCURACY OF THIS INFORMATION. ANY INFORMATION CONTAINED HEREIN IS SUBJECT TO CHANGE WITHOUT NOTICE.

NO PARTY HAS REQUESTED ANY RULINGS OR LEGAL OPINIONS ON THE TAX CONSEQUENCES OF THE NEXT→CLEAR TOKEN UPGRADE AND WHETHER SUCH AN UPGRADE MAY CONSTITUTE A TAXABLE TRANSACTION. THE TAX CONSEQUENCES OF THE UPGRADE MAY VARY BASED ON EACH NEXT HOLDER'S CIRCUMSTANCES, INCLUDING THE TAX RESIDENCE OF THE HOLDER AND THE PARTICULAR UPGRADE PATH USED FOR SUCH HOLDER'S NEXT (AUTOMATIC UPGRADE ON L2S VS. MANUAL LOCKBOX DEPOSIT ON L1). EACH NEXT HOLDER IS URGED TO CONSULT WITH, AND MUST RELY SOLELY ON, THE ADVICE OF THEIR OWN TAX ADVISORS REGARDING THE TAX CONSEQUENCES OF THE UPGRADE AND THEIR PARTICIPATION IN IT.