DeFi credit venture Clearpool launches first real-world asset yield chain

Ozean will revolutionise DeFi by seamlessly integrating RWAs in a compliant and user-friendly manner, enabling users to earn native yield on-chain automatically, Clearpool said in a media release.

“After many months of hard work, we are excited to finally introduce Ozean, a groundbreaking development in RWAs that will take Clearpool to the next level,” said Jakob Kronbichler, CEO and Co-founder of Clearpool.

“By unlocking the power of DeFi for RWAs, Ozean not only addresses existing challenges but also unlocks a multi-trillion-dollar market opportunity providing critical infrastructure for the institutional adoption of RWAs in financial markets,” he said.

The company said its native token, $CPOOL, will power the Ozean ecosystem with a new, innovative staking mechanism to reward $CPOOL stakers.

Ozean is powered by Caldera’s Rollup-as-a-Service (RaaS) platform.

“Caldera has one of the fastest-growing ecosystems on Ethereum and its industry-leading solutions ensure that we can deliver a unique, high-performance, and reliable experience to our users,” the company said.

Clearpool’s Ozean: Permissionless Ethereum Layer 2

The new yield chain launch comes at a time when RWAs are projected to represent a $16 trillion market opportunity by 2030.

Clearpool said Ozean is a permissionless Ethereum Layer 2 featuring an optional compliance layer, designed to foster interoperability among permissioned protocols.

This will enable the creation of a robust ecosystem where RWAs can be traded or used as collateral with enhanced functionalities.

Ozean will provide the essential infrastructure for the institutional adoption and development of blockchain financial markets.

Ozean users can earn native yield on their stablecoins.

“When stablecoins are bridged to Ozean, they can be converted into Ozean’s native stablecoin, USDX, issued by Hex Trust, a licensed digital asset custodian, and backed by treasury bills or equivalent,” the company said.