• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

How Ozean is Transforming the Lending Market: Future of Clearpool

user avatar

by Giorgi Kostiuk

a year ago


Clearpool, as the first Web3 project bringing decentralized credit to the blockchain, is rapidly gaining attention with the launch of its new Ozean blockchain.

Introduction to Clearpool

Clearpool has introduced a new model of lending distinct from traditional over-collateralized DeFi. It offers credit-based lending founded on project strength. Clearpool has already originated $650 million in loans. The process involves KYC, AML, and credit checks for borrowers before using one of three options: Dynamic Pools, Credit Vaults, or Clearpool Prime.

Ozean: Innovations and Advantages

Ozean, Clearpool's compliant blockchain, provides built-in yield opportunities. Based on Ethereum Layer 2 using Optimism Superchain, it features a unified compliance layer. Participants can choose between different types of investors. New stablecoins like USDX and ozUSD offer unique benefits, including automatic yield.

With Ozean Poseidon Testnet's launch, we move closer to enabling automatic on-chain yield, a key step towards integrating traditional finance capital.

How to Use Ozean

Users can join Ozean by transferring their stablecoins, which automatically convert into USDX. They can then choose a yield term and begin earning. Ozean offers the ability to invest in real asset projects and access specialized services available on the platform.

Clearpool with its Ozean blockchain takes a significant step forward by introducing innovative solutions in blockchain lending, opening new opportunities for investors and borrowers while maintaining strict regulatory compliance.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Elon Musk Unveils Plans for a Lunar City

chest

Elon Musk has announced his ambitious vision to build a self-growing city on the Moon with SpaceX.

user avatarDiego Alvarez

National Security Concerns Raised in WLFI Investigation

chest

The WLFI investigation led by Congressman Ro Khanna explores national security concerns linked to financial transactions and US controls on AI semiconductor exports.

user avatarSon Min-ho

WLFI Investigation Examines Stablecoin's Role in UAE Investment

chest

WLFI investigation examines stablecoin's role in UAE investment.

user avatarTando Nkube

XRP Ledger Achieves Major Milestone with Institutional Participation

chest

The XRP Ledger has successfully removed barriers for banks, enabling direct settlement and potentially facilitating billions in inflows.

user avatarKenji Takahashi

Upcoming XRP Community Day to Focus on Utility Expansion

chest

RippleXDev announces XRP Community Day on February 11 to discuss features enhancing XRP utility.

user avatarMaria Fernandez

AI Dynamics Challenge Investment Strategies

chest

The financial markets are facing challenges as stakeholders adapt to new AI-driven dynamics, raising questions about regulatory implications.

user avatarRajesh Kumar

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.