Introducing Agora’s AUSD in Ozean’s RWA Liquidity Layer — Oxygen (O2)
Ozean, the blockchain for RWA yield being launched by Clearpool, is introducing AUSD by Agora, a multifaceted financial infrastructure company, into Oxygen (O2), the innovative RWA liquidity layer on Ozean.
Agora’s AUSD
AUSD is a digital dollar minted 1:1 with USD fiat. AUSD is designed to be a secure digital currency, utilizing one of the world’s largest custodian banks to safeguard assets. AUSD enables users to participate in trading, lending, and payments. It is designed to be a cost-efficient stablecoin to transact with due to its gas-optimized smart contract, making it ideal for traders and payments.
“We’re thrilled to see Agora’s AUSD being introduced to O2 on Ozean. Oxygen’s unique liquidity layer is poised to drive the growth of RWAs on the blockchain, and the inclusion of AUSD presents a powerful use case that strengthens this ecosystem even further,” said Patrick Chu, Head of BD at Agora.
Oxygen (O2) — The Innovative RWA Liquidity Layer on Ozean
O2 is a sophisticated liquidity mechanism designed to supply the necessary liquidity to fuel the expansion of the Ozean ecosystem. O2 combines RWAs, tokenized treasuries, liquid crypto assets, and yield-bearing tokens into a unified basket. AUSD is one of the assets being introduced to O2 to support key functionalities like swaps, lending, and collateralization, forming a robust liquidity pool that underpins the Ozean ecosystem.
O2 not only provides liquidity but also generates yield from assets like lending protocol tokens and tokenized treasuries. This yield is reinvested, enhancing liquidity and providing additional earning opportunities for contributors.
“We’re delighted to bring Agora into O2, offering protocols and users a powerful tool to bootstrap liquidity with a selection of premium, yield-bearing assets. With Agora’s impressive achievements, we look forward to a strong collaboration on this initiative,” said Jakob Kronbichler, CEO & Co-founder of Clearpool.
Ozean revolutionizes DeFi by seamlessly integrating RWAs in a compliant and user-friendly manner, enabling users to earn native yield on-chain automatically. Ozean is a permissionless Ethereum Layer 2 featuring an optional compliance layer, designed to foster interoperability among permissioned protocols. This enables the creation of a robust ecosystem where RWAs can be traded or used as collateral with enhanced functionalities.
One of O2’s key features is its dynamic rebalancing mechanism, which ensures the liquidity pool’s assets remain aligned with target allocations. As the weightage of O2 takes shape, visit the first Ozean Improvement Proposal (OIP 001), which proposes the ideal weighing of assets for the initial launch of the O2. Stay tuned for more announcements regarding upcoming asset integrations in the coming weeks.
About Ozean
Ozean is the blockchain for RWA yield being launched by Clearpool. Powered by the CPOOL token, Ozean revolutionizes DeFi by seamlessly integrating RWAs in a compliant and user-friendly manner, enabling users to earn native yield on-chain automatically. Launched in March 2022, Clearpool has originated over US$620 million in loans with a growing user base spanning both crypto and TradFi institutions such as Wintermute, Jane Street, Fasanara Digital, CoinShares, and others.
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