Clearpool to Leverage OP Stack for Layer-2 Blockchain 'Ozean'
CryptoNewsTerminal Staff20 Aug, 2024
Clearpool to Leverage OP Stack for Layer-2 Blockchain 'Ozean'
Clearpool, the undercollateralized lending market, is reportedly constructing a new Layer-2 blockchain titled "Ozean." This project will be built upon Optimism's OP Stack, a modular framework designed to enhance scalability and reduce transaction costs on Ethereum. Clearpool's decision to utilize the OP Stack aligns with its commitment to innovation and efficiency in the DeFi ecosystem. By leveraging Optimism's advanced technology, Clearpool aims to provide users with a faster, cheaper, and more seamless experience while contributing to the growth of the Optimism ecosystem. Additionally, Clearpool plans to allocate a portion of its revenue towards the Optimism Collective, a decentralized autonomous organization that governs the Optimism ecosystem. This move demonstrates Clearpool's commitment to supporting the long-term sustainability and success of the Optimism platform.
