KEY TAKEAWAYS
- Ozean partners with StakeStone to enhance DeFi opportunities by integrating liquidity into its Pre-Deposit Campaign.
- StakeStone introduces STONE, a yield-bearing liquid Ethereum asset, into Ozean’s ecosystem, creating a multi-chain liquidity market.
- The partnership aims to unlock new synergies in DeFi by combining StakeStone’s liquid staking expertise with Ozean’s RWA infrastructure.
Ozean, a blockchain platform dedicated to Real-World Assets (RWA) yield, has announced a strategic partnership with StakeStone, an omnichain liquidity infrastructure. This collaboration aims to enhance decentralized finance (DeFi) opportunities by integrating liquidity into Ozean’s Pre-Deposit Campaign.
StakeStone introduces STONE, a yield-bearing liquid Ethereum (ETH) asset, into the Ozean ecosystem. With a highly scalable architecture, StakeStone supports prominent staking pools and earns additional points on top of Proof-of-Stake (PoS) yields. This creates a multi-chain liquidity market centered around STONE assets, offering users diverse use cases and enhanced yield opportunities.
StakeStone boasts a Total Value Locked (TVL) of over $725 million, indicating significant adoption and liquidity within its ecosystem. Supported by major funds like Binance Lab and Polychain Capital, StakeStone has over 150,000 stakers and has established itself as a key player in the liquid staking space by addressing liquidity fragmentation and enhancing utility for both Ethereum and Bitcoin assets.
Integration with Ozean’s RWA Ecosystem
The partnership will focus on integrating StakeStone’s omnichain liquidity assets within the Ozean ecosystem. This integration allows users to leverage these assets for yield opportunities within the RWA ecosystem. Ivan K, CMO of StakeStone, expressed enthusiasm about the integration, stating that offering STONE as part of Ozean’s Pre-Deposit Campaign unlocks new avenues for STONE holders to participate in the on-chain RWA space.
Ozean, built on the Optimism Superchain by the team behind Clearpool, is a Layer-2 blockchain dedicated to bringing RWA yield to DeFi. The integration with StakeStone will allow users to deposit StakeStone’s liquid ETH token, STONE, as part of Ozean’s Pre-Deposit Campaign. More details about the campaign will be announced soon.
Unlocking New Synergies in DeFi
Jakob Kronbichler, CEO & Co-founder of Ozean, highlighted the mission to bring a diverse range of RWAs on-chain. By accepting STONE in the Pre-Deposit Campaign, Ozean aims to broaden participation and offer innovative yield opportunities to its users. The collaboration between Ozean and StakeStone seeks to unlock new synergies and opportunities for users seeking diversified yield opportunities in the DeFi landscape.
The partnership is set to enhance the DeFi ecosystem by combining StakeStone’s expertise in liquid staking with Ozean’s infrastructure for RWAs. This strategic alignment is expected to provide users with new opportunities to engage with the burgeoning world of on-chain RWAs.
For more information, the announcement can be found here.
Why This Matters: Impact, Industry Trends & Expert Insights
The partnership between Ozean and StakeStone aims to enhance decentralized finance (DeFi) opportunities by integrating real-world assets (RWAs) and liquidity tokens. This collaboration is set to introduce new yield opportunities and broaden participation in the DeFi ecosystem.
A recent industry report highlights the growing trend of integrating RWAs into DeFi, which involves tokenizing assets like real estate and commodities to use as collateral in DeFi lending. This aligns with the Ozean and StakeStone partnership, as they aim to leverage RWAs for enhanced yield opportunities within the DeFi space.
As per insights from Defactor, the integration of RWAs into DeFi is expected to revolutionize traditional finance by enhancing liquidity and accessibility. This supports the significance of the Ozean and StakeStone collaboration, which seeks to unlock new synergies and opportunities for diversified yield in the DeFi landscape.
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