Clearpool creates an Optimism ecosystem Layer 2 chain driven by Caldera

  • Ozean, a Layer 2 blockchain that functions inside the Optimism ecosystem, is being developed by Clearpool.
  • Based on OP Stack, Ozean was created with the rollup-as-a-service platform from Caldera.

Clearpool, a marketplace for undercollateralized loans, is developing on Ozean, a Layer 2 blockchain that will be integrated into the Optimism ecosystem.

Based on the OP Stack, Ozean will donate a portion of its profits to the Optimism Collective. Caldera’s rollup-as-a-service platform powers it.

Through a new staking mechanism that uses the CPOOL token, the blockchain intends to incorporate real-world assets into DeFi in a compliant manner that offers native on-chain income.

In the real-world asset market, Clearpool faces off against Ondo, Centrifuge, Goldfinch, Maple, and other ventures with the goal of going after institutional players.

Additionally, in order to provide an automatic yield-rebasing asset that distributes incentives to users directly, Clearpool has launched two stablecoins: USDX and ozUSD, which bears interest. About $24.5 million in total worth is locked into the Flare, Ethereum, and Optimism platforms.

Disclaimer : This article was created for informational purposes only and should not be taken as investment advice. An asset’s past performance does not predict its future returns. Before making an investment, please conduct your own research, as digital assets like cryptocurrencies are highly risky and volatile financial instruments.

Author: Puskar Pande

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