TL;DR
- Ozean has established a strategic partnership with Kylix Finance to provide cross-chain digital asset lending across multiple blockchain networks.
- Kylix Finance is introducing AI-powered credit ratings to optimize collateral and offer no-collateral loans.
- This collaboration will facilitate cross-chain lending on networks like Ethereum, Solana, SUI, and Polkadot, enhancing capital efficiency and offering competitive interest rates.
Ozean has announced a strategic partnership with Kylix Finance to bring innovative tools to the cross-chain lending market within the DeFi ecosystem. This collaboration combines the infrastructure and technological capabilities of both platforms to enhance accessibility and efficiency in the lending of digital assets across various blockchain networks.
AI-Powered Loans
Kylix Finance will implement a credit scoring system driven by artificial intelligence, aimed at evaluating the creditworthiness of digital wallets using zero-knowledge proofs. This cutting-edge technology will optimize the collateral requirements for borrowers and introduce no-collateral loan options, particularly beneficial for the retail market. By doing so, it will lower the barriers to entry and significantly improve financial inclusion within the DeFi ecosystem.
Moreover, Kylix Finance will enable Ozean users to engage in lending and borrowing activities across multiple blockchain networks, including Ethereum, Solana, SUI, and Polkadot. This will create a more interconnected, seamless, and accessible lending environment for users.
Ozean’s Technology to Enhance Capital Efficiency
Ozean’s advanced technology in tokenizing real-world assets (RWA) will expand lending opportunities and increase capital efficiency, making transactions more fluid and effective. The partnership also promises to offer competitive interest rates for both lenders and borrowers, driven by Ozean’s robust yield-generating capabilities.
The launch of this integration is planned for the second quarter of 2025. This carefully designed integration aims to deliver high-quality service to users, enhancing the overall experience and usability within the DeFi ecosystem. By blending Ozean’s expertise in real-world asset integration with Kylix’s innovative credit scoring system, this partnership seeks to optimize collateral management and address liquidity fragmentation, paving the way for a more efficient and inclusive DeFi landscape
