News and Analytics

0

Clearpool Launches an Exclusive Blockchain to Boost RWA Yields

Aug 21, 2024
  1. Clearpool's New Blockchain
  2. Yield Increase and Compatibility
  3. Functionality and Usage

Clearpool, a credit marketplace in the decentralized sector for permissionless crypto borrowing and lending, has recently announced a new blockchain named Ozean. The exclusive blockchain of Clearpool focuses on enhancing the yield concerning real-world assets and gets support from Optimism to revolutionize the DeFi sector.

Clearpool's New Blockchain

In its recent X post, Clearpool expressed its enthusiasm regarding this blockchain. Ozean integrates real-world assets while maintaining consumer-friendliness and compliance. It enables clients to automatically get local yield.

Yield Increase and Compatibility

$CPOOL, the local token of Clearpool, will drive the Ozean ecosystem. It has an advanced staking mechanism that rewards those who stake $CPOOL. Inclusion in the Superchain of Optimism provides the foundation for building Ozean using the OP Stack. Caldera’s solutions, one of the fastest-developing ecosystems based on Ethereum, also support Ozean.

Functionality and Usage

Ozean operates as a permissionless Ethereum L2 featuring an optional compliance layer. It enables the creation of a resilient ecosystem for using real-world assets as collateral and their trading with improved functionalities. Since its launch, Clearpool has originated $590 million in cumulative loans.

Clearpool's initiative marks a significant step towards enhancing real-world asset yields and benefits for DeFi system users, paving the way for broader participation and growth opportunities.

Comments

Latest analytics

Bead Pay: Cryptocurrency...

Bead Pay: Cryptocurrency Solutions for Global Payments

Bobby Zagotta and...

Bobby Zagotta and His Impact on the Crypto Industry

Show more

Latest Dapp Articles

Show more

You may also like