SINGAPORE, Aug. 22, 2023 (GLOBE NEWSWIRE) -- OKX, a leading Web3 technology company, has issued updates for the day of August 21, 2023.
OKX Wallet Partners with Lido to Launch ETH Staking Campaign, Offering an Additional APR of Up to 3% on ETH & stETH Staking and a DAI Prize Pool
OKX Wallet has partnered with Lido, a liquid staking protocol, to launch an ETH staking campaign, giving users the opportunity to earn an enhanced APR on ETH and also win a share in a prize pool worth USD 20,000 DAI.
OKX Web3 DeFi users who stake ETH via Lido will be rewarded with an additional APR of up to 3% on their investment. The campaign begins on August 22 at 18:00 (UTC+8) and ends on November 20 at 18:00 (UTC+8).
From August 22 at 18:00 (UTC+8) to September 21 at 18:00 (UTC+8), users who access Cryptopedia, OKX's learn-to-earn crypto education platform, and stake at least USD 50 worth of ETH via the Lido Protocol will also have the chance to win a share in a prize pool worth USD 10,000 in DAI tokens. Additionally, the top three users with the highest cumulative amounts of staked ETH on Lido will share an extra USD 10,000 DAI prize pool.
Note: Bonus rewards will be applicable to users who stake ETH during the campaign period and allocated according to the proportion of the user's investment in the Lido staking pool, distributed according to block height.
For more information on the campaign, click here.
For further information, please contact:
Media@okx.com
About OKX
A leading global technology company driving the future of Web3, OKX provides a comprehensive suite of products to meet the needs of beginners and experts alike, including:
- OKX Wallet: The world's most powerful, secure and versatile crypto wallet which gives users access to over 50 blockchains while allowing them to take custody of their own funds. The wallet Includes MPC technology which allows users to easily recover access to their wallet independently, removing the need for traditional, 'written down' seed phrases
- DEX: A cross-chain decentralized exchange which aggregates nearly 200 other DEXs, with 200,000+ coins on more than 10 blockchains available.
- NFT Marketplace: A multi-chain, zero-fee NFT marketplace that gives users access to NFT listings across seven top-tier marketplaces including OpenSea, MagicEden, LooksRare and Blur.
- Web3 DeFi: A powerful DeFi platform that supports earning and staking on 80 protocols across 15 chains.
OKX partners with a number of the world's top brands and athletes, including: English Premier League champions Manchester City F.C., McLaren Formula 1, The Tribeca Festival, Olympian Scotty James, and F1 driver Daniel Ricciardo.
As a leader building innovative technology products, OKX believes in challenging the status quo. The company recently launched a global brand campaign entitled, The System Needs a Rewrite, which advocates for a new paradigm led by Web3 self-managed technology to replace existing centralized systems.
To learn more about OKX, download our app or visit: okx.com
Disclaimer
The information displayed is strictly for educational and informational purposes only. It does not constitute and shall not be considered as an offer, solicitation or recommendation, to deal in any products (including any NFT or otherwise), or as financial or investment advice. Both OKX Web3 Wallet and OKX NFT Marketplace are subject to separate terms of service at www.okx.com.
