LENDING OPTIMISM ROLLUPS

Clearpool develops Caldera-powered Layer 2 chain within Optimism ecosystem

theblock.co 20/08/2024 - 13:01 PM

Clearpool and Ozean

The undercollateralized lending marketplace Clearpool is developing Ozean, a Layer 2 blockchain within the Optimism ecosystem.

Ozean utilizes the OP Stack and will contribute part of its revenue to the Optimism Collective. It is powered by Caldera’s rollup-as-a-service platform.

The blockchain aims to integrate real-world assets into DeFi, offering a compliant solution that provides native on-chain yield through a new staking mechanism utilizing the CPOOL token.

Clearpool positions itself within the real-world asset niche, targeting institutional players. Competitors include Ondo, Centrifuge, Goldfinch, Maple, and others.

Additionally, Clearpool has launched a stablecoin (USDX) and a yield-bearing stablecoin (ozUSD) that enables an automatic yield-rebasing asset, passing rewards directly to users. The platform currently holds a total value locked of around $24.5 million across Flare, Ethereum, and Optimism.




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