DeFi
OKX DeFi and Ethena Launch Partnership for USDe Bonus Event
SINGAPORE, April 20, 2024 /PRNewswire/ — OKXa leading company in Web3 technology, today announced an exciting partnership between its OKX Wallet And Ethenaa synthetic dollar protocol based on Ethereum, to launch the Ethena USDe bonus event.
Ethena offers an innovative crypto-native solution for financial transactions independent of traditional banking operations. Its “Internet Bond” offers users around the world an accessible and secure savings instrument, denominated in dollars.
During the Ethena USDe bonus event, OKX Wallet users who stake USDe on Ethena can win significant rewards:
- Staking USDe offers a boost of 2.4x Sats (equivalent to a 20% increase)
- Locking USDe directly to Ethena while connected to the OKX wallet provides a 24x Sats boost (also a 20% increase)
- Rewards will be updated daily on the Ethena platform
OKX’s collaboration with Ethena provides OKX wallet users with enhanced earning opportunities and seamless integration with Ethena’s industry-leading protocol and highlights its commitment to providing innovative financial tools that maximize earning potential across the ecosystem Rapidly evolving Web3.
To participate in the Ethena USDe bonus event, visit the OKX Wallet DeFi platform: https://www.okx.com/web3/campaigns/defi-ethena
About OKX
A leading global technology company building the future of Web3, OKX offers 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 that gives users access to over 80 blockchains while allowing them to keep their own funds. The portfolio includes MPC technology allowing users to easily regain access to their wallet independently, eliminating the need for traditional “written” seed phrases. Additionally, the OKX Wallet account, powered by abstraction, Smart account allows users to pay for transactions across multiple blockchains using USDC or USDT and interact with multiple contracts through a single transaction.
- DEX: A multi-chain and cross-chain decentralized exchange aggregator of 300+ other DEXs and ~15 bridges, with 200,000+ coins and 20+ blockchains supported.
- NFT Marketplace: A no-fee multi-chain NFT marketplace that allows users to access NFT listings on seven leading marketplaces, including OpenSea, MagicEden, LooksRare, and Blur.
- Web3 DeFi: A powerful DeFi platform that supports earning and staking on around 70 protocols across 10+ chains.
OKX partners with a number of the world’s biggest brands and athletes, including English Premier League champions Manchester City FC, McLaren Formula 1, The Tribeca Festival, Olympian Scotty James and F1 driver Daniel Ricciardo.
As a leader in creating innovative technology products, OKX believes in challenging the status quo. The company recently launched a global brand campaign titled: The system needs a rewritewhich advocates a new paradigm led by Web3 self-managed technology.
To learn more about OKX, download our app or visit: okx.com
SOURCE OKX