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Solv Protocol to Offer Real-World Bitcoin Yields in Partnership with Ozean

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Solv Protocol, a popular decentralized platform to boost digital asset management and liquidity, has announced a new partnership with Ozean, a unique RWA-centered L2 ecosystem powered by Clearpool. The partnership offers real-world asset yields to those holding Bitcoin ($BTC) with an exclusive utility of more than $1T in idle Bitcoin capital. The platform disclosed this development in a recent X post.

Solv Protocol and Ozean Collaborate to Deliver Real-World Bitcoin Yields

In partnership with the Clearpool-powered L2 Ozean, Solv Protocol intends to deliver institutional-level yield services. Conventionally, Bitcoin ($BTC) operates as a vehicle for value storage instead of a yield-generating crypto asset. Nonetheless, by integrating the $xSolvBTC and $SolvBTC of Solv Protocol into the infrastructure of Ozean, $BTC can operate as yield-bearing collateral.

As included in this endeavor, the users will also be delivered institutional-scale yield strategies dealing with private credit marketplaces and U.S. Treasury bills. Real-world assets, like tokenized credit tools and T-bills are getting considerable traction as trusted and stable yield sources. This is in contrast to the decreasing gains from conventional DeFi incentives. Ozean provides access to the respective opportunities through $ozUSD (the native T-bill-supported stablecoin) and ETF-natured Port Vaults.

Ozean Conducts Pre-Deposit Campaign to Provide Rewards in $CPOOL

Apart from that, Hex Trust manages regulated custody, guaranteeing institutional-grade security for customer assets. While celebrating this ecosystem expansion, Ozean has conducted a Pre-Deposit Campaign, letting users stake compatible assets like $xSolvBTC and $SolvBTC to get rewards in Clearpool’s $CPOOL token. 

Moreover, early participants will also be able to leverage boosted APYs, likely future airdrops, and referral bonuses. Ozean’s roadmap includes the enablement of $ozUSD’s collateralized borrowing, streamlined integration of Port Vaults-based T-bills and $BTC coins, and liquidity across TradFi, CeFi, and DeFi.

Users can access the now-live Ozean Pre-Deposit Campaign via the platform’s official web portal. In addition to this, the participants are also permitted to have a look at the complete documentation in this respect. Furthermore, this collaboration denotes a notable jump for the utility of Bitcoin while showing the DeFi’s continuous merger with institutional-level financial instruments. Amid the evolution of Bitcoin into an RWA-driven asset, Ozean and Solv are starting a new epoch of DeFi.

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