• 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

2 years 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

Cardano's Van Rossem Upgrade Advances in Governance Phase

chest

Cardano's Van Rossem hard fork is progressing through its governance and validation stages, focusing on mainnet readiness.

user avatarDavid Robinson

Binance Blog Implements Strict Editorial Policy

chest

The Binance Blog has introduced a strict editorial policy that focuses on accuracy, relevance, and impartiality to enhance the quality of its content.

user avatarAndrew Smith

Glassnode Continues to Track Market Performance Metrics

chest

Glassnode has been tracking specific metrics related to market performance. This ongoing analysis aims to provide insights into market trends, aiding informed decision-making for investors.

user avatarJacob Williams

WebDisclosure Introduces Strict Editorial Policy

chest

WebDisclosure has implemented a strict editorial policy that emphasizes accuracy, relevance, and impartiality in its content.

user avatarZainab Kamara

Kraken Enhances Trading with New Open Source Tools

chest

Kraken has launched an open-source command-line interface and Model Context Protocol server to enhance AI integration in trading.

user avatarSon Min-ho

Bitcoin Miners Face $50 Billion Capital Challenge in AI Hosting Transition

chest

Bitcoin miners are shifting towards AI hosting to diversify revenue, but face significant capital requirements, according to VanEck.

user avatarAyman Ben Youssef

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.