Layer Labs and Clearpool Partner to Launch Ozean

August 20, 2024

Ozean aims to unlock the immense potential of DeFi for RWAs, providing a user-friendly and compliant platform that meets the growing demand for Treasury bills, treasury notes, and other real-world assets. This collaboration marks a significant step forward in the integration of traditional financial assets with cutting-edge blockchain technology.

Key Features of Ozean

Native Yield on Stablecoins

Ozean introduces a seamless yield generation mechanism for stablecoins such as USDC, DAI, and USDT. These stablecoins can be bridged to Ozean and converted into the $USDX stablecoin at a 1:1 ratio, fully backed by treasury notes. Yield is automatically rebased and passed back to users, providing a reliable and consistent return on investment.

Unified Compliance Layer

Our unified compliance layer ensures that RWAs can be seamlessly integrated with DeFi functionalities, including trading and collateralization. This interoperability opens up new opportunities for investors while maintaining rigorous compliance standards.

Web3 Abstraction via Native Ozean Wallet

The native Ozean wallet offers full account and gas abstraction, simplifying the user experience. Users can easily manage their assets and access key yield opportunities on the Ozean chain without the complexities typically associated with blockchain technology.

Custom Gas Token

To further enhance usability, the $USDX stablecoin will serve as the chain's native gas token. This eliminates the need for additional ETH or gas tokens in users' wallets, streamlining transactions and reducing friction in the user experience.

Strategic Foundation and Support

Ozean is built on Optimism, allowing us to remain closely aligned with the largest custodian of institutional Bitcoin, Coinbase, as well as Base, the second-largest Rollup. This foundation positions Ozean within the flourishing Superchain ecosystem, ensuring robust support and scalability.

The maintenance of the blockchain, RPCs, and core infrastructure for Ozean will be managed by Caldera, guaranteeing a secure and reliable platform for all users. Caldera was chosen to maintain the core infrastructure of Ozean as it is the leading Rollup-as-a-Service (RaaS) platform that will deploy a high-performance, customizable, application-specific RWA rollup.

Caldera will provide the RPC nodes, block explorer, monitoring, developer tools faucets, hosting, and much more!

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With Caldera's Metalayer, Ozean can seamlessly connect to every rollup within the Metalayer ecosystem. The Metalayer will serve as the omnichain, all-purpose abstraction layer, unifying unparalleled rollups, and streamlining experiences for all Rollup users.

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A New Era for Real-World Assets in DeFi

The launch of Ozean represents a major milestone in the integration of real-world assets with decentralized finance. By combining the strengths of Layer Labs and Clearpool, we are paving the way for a more inclusive and efficient financial ecosystem. Stay tuned for more updates as we continue to innovate and lead the future of finance.


About Clearpool

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Clearpool is the leading decentralized finance credit marketplace. A permissionless protocol enables institutions to raise unsecured liquidity directly from DeFi markets, while a separate fully permissioned platform, Clearpool Prime, further meets the compliance needs for wholesale borrowing and lending of digital assets by institutional market participants. Liquidity providers on Clearpool earn attractive yields, with pool interest rates enhanced by additional rewards paid in CPOOL — the protocol’s utility and governance token. Clearpool LP tokens, called cpTokens, are the building blocks for a system of tokenized credit and on-chain risk management.

Launched in March 2022, Clearpool has originated over US$570 million in loans with a growing user base spanning both crypto and TradFi institutions such as Wintermute, Jane Street, Fasanara Digital, CoinShares, and others. The protocol launched on the Ethereum mainnet in March 2022, followed by the expansion Polygon PoS, Polygon zkEVM, Optimism, Mantle Network, Flare Network, and Base.

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About Layer Labs
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Layer Labs is a pioneering Appchain and Layer 2 (L2) venture studio and incubator, dedicated to advancing the Appchain ecosystem. The company offers comprehensive, end-to-end solutions encompassing technical design, maintenance, and go-to-market strategies for seamless Appchain deployments. By incubating projects internally, Layer Labs actively contributes to the growth and innovation within the Appchain ecosystem, positioning itself as a leader in the field.


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