Ozean’s Poseidon Testnet is Live!

Clearpool
2 min readDec 12, 2024

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The highly anticipated launch of Ozean moves one step closer! Ozean Poseidon Testnet is now live, a significant milestone in our mission to revolutionize decentralized finance (DeFi) by integrating real-world assets (RWAs) in a compliant and user-focused manner. This testnet marks a crucial step towards enabling users to earn native yield on-chain automatically.

To reward early community members, we’ve launched a campaign where you can win your share of a USDT 6,000 prize pool.

Poseidon Testnet: A Gateway to the Ozean Ecosystem

The Poseidon Testnet provides developers and early adopters a risk-free environment to explore and contribute to the Ozean protocol. This launch comes at a pivotal moment for the DeFi and RWA community, offering a unique opportunity to shape the future of finance.

Key Features of the Poseidon Testnet

With the launch of Poseidon Testnet, key features of the Ozean protocol are introduced for users to interact with.

  • USDX: The native gas token and stablecoin, fully backed and issued by Hex Trust.
  • ozUSD: A yield-bearing stablecoin that automatically rebases in your wallet, returning the risk-free rate to holders.
  • wozUSD: The wrapped version of ozUSD, Ozean’s yield-bearing stablecoin.

Participate to Win the USDT 6,000 Prizepool

Joining the Poseidon Testnet is straightforward:

  1. Join Community Quests: Visit the Poseidon Testnet quests on Intract.
  2. Quests: Follow the quest instructions and complete each task.
  3. Compete: Complete quests for a chance to win 6,000 USDT in prizes.
  4. Feedback: Share your insights and experiences to help improve the protocol through our feedback form, and you will be eligible for future community activities.

To join the campaign, which ends on 27th December, visit the event page here.

You can read the full Poseidon Testnet Guide here.

Ozean — The Future of RWA Yield

Powered by the CPOOL token, Ozean is revolutionizing DeFi by seamlessly integrating RWAs in a compliant, user-friendly manner. Built as an Ethereum Layer 2 and part of the Optimism Superchain, Ozean includes an optional compliance layer, enhancing interoperability across permissioned protocols. This growing ecosystem enables RWAs to be traded, used as collateral, and integrated into DeFi with added functionality.

With the mainnet launch around the corner, stay tuned for more announcements, partnerships, and developments.

Dive deep into the Poseidon Testnet now and be part of the RWA revolution! If you have any questions, jump into the Discord community, where our team is there to help.

The future of on-chain yield starts with Ozean.

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Clearpool
Clearpool

Written by Clearpool

Clearpool is a decentralized credit marketplace. Website: https://clearpool.finance/

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