SINGAPORE, Aug. 6, 2024
/PRNewswire/ -- OKX, a global Web3 technology company, has
issued updates for August 6,
2024.
OKX Wallet Now Integrated with Usual for Enhanced
DeFi Interactions
OKX Wallet is now integrated with Usual, an innovative
decentralized finance (DeFi) protocol.
This strategic integration aims to enhance user experience by
providing seamless access to Usual's advanced DeFi
features directly through the OKX Wallet web extension.
Key Features of the Integration:
- Simplified Access: OKX Wallet's web extension users can
now easily access Usual's DeFi services, including
depositing assets, earning rewards and participating in governance,
all within the same wallet interface.
- Enhanced User Control: With the integration, users can
deposit assets into Usual and receive Liquid Deposit Tokens (LDT),
represent the initial value of their deposit.
- Reward Opportunities: Users can leverage their LDT to
contribute liquidity or issue Liquid Bond Tokens (LBT), earning
USUAL, the governance token of the Usual protocol. This creates new
opportunities for users to engage with the DeFi
ecosystem and earn rewards.
- Governance Participation: USUAL tokens earned through
the protocol give users a voice in the governance of Usual,
aligning user interests with the success and future direction of
the protocol.
Connecting to Usual is simple: users need to select 'Connect
Wallet' and choose 'OKX Wallet,' then log in through the web
extension available on Chrome or Firefox.
To learn more, visit OKX's Support Center.
For further information, please contact:
Media@okx.com
About OKX
OKX is a leading global crypto exchange and
innovative Web3 company. Trusted by more than 50 million global
users, OKX offers a secure and trustworthy platform that provides
responsible crypto traders with innovative tools to
access the world of crypto.
As a global brand and top partner of Manchester City FC and
McLaren Racing, OKX uses Web3 technology to redefine how fans
connect with their favorite teams. Recent examples include its
Unseen City Shirts and Race Rewind digital collectible campaigns,
which offer fans real-world benefits like exclusive match-day and
trackside experiences. As the Presenting Partner of Tribeca
Festival, OKX also empowers artists and creators through Web3.
In line with its "on-chain, any chain" philosophy, OKX
contributes to the growth of the Web3 ecosystem via its secure,
interoperable and self-custody enabled OKX Wallet. OKX Wallet is a
user-friendly gateway to the on-chain world, connecting to over 100
blockchains, 10,000 dApps, 170+ DeFi
protocols, 300,000 tokens and 490+ decentralized
exchanges (DEXs).
OKX is committed to transparency and security, and publishes its
Proof of Reserves monthly to build trust. It is also dedicated to
expanding its educational resources through OKX Learn, making
digital assets accessible and understandable for a broader
audience.
To learn more about OKX, download our app or visit: okx.com
Disclaimer
This announcement is provided for informational purposes
only. It is not intended to provide any investment, tax, or legal
advice, nor should it be considered an offer to purchase, sell,
hold or offer any services relating to digital assets. Digital
assets, including stablecoins, involve a high degree of risk, can
fluctuate greatly, and can even become worthless.
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SOURCE OKX