• 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

Urgent Call for Action on CLARITY Act as Midterm Elections Near

chest

As the midterm election campaign season approaches, key figures in the crypto industry are urging lawmakers to advance the CLARITY Act.

user avatarSon Min-ho

Bo Hines Expresses Optimism for CLARITY Act Amid Delays

chest

Former White House crypto adviser Bo Hines expresses optimism for the passage of the CLARITY Act despite current delays and challenges from the banking industry.

user avatarAyman Ben Youssef

Macro Events and Seasonal Factors Impacting Bitcoin Market

chest

Seasonal narratives and macro events are influencing Bitcoin's market performance as traders anticipate liquidity shifts.

user avatarTando Nkube

Key Macro Events to Watch for Crypto Traders

chest

This week, crypto traders should pay close attention to key macroeconomic events, including the FOMC minutes on February 18 and the PCE inflation print on February 20.

user avatarNguyen Van Long

Coinbase CEO's Stock Sales Under Scrutiny Amid Retail Investor Confidence

chest

Coinbase CEO Brian Armstrong's stock sales, totaling over $550 million, have raised concerns about retail investor confidence in the cryptocurrency market.

user avatarKofi Adjeman

Jupiter DAO to Vote on Emissions Policy

chest

On February 17, Jupiter DAO will vote on whether to pause emissions, impacting token policy and market expectations.

user avatarSatoshi Nakamura

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.