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Flash News: As Part of the 'Web3 DeFi Bonus Season', OKX DeFi Adds New Staking Protocol Tranchess Giving Users the Opportunity to Earn an APR of Up to 11.4%

By: via GlobeNewswire

SINGAPORE, Nov. 30, 2023 (GLOBE NEWSWIRE) -- OKX, a leading Web3 technology company, has issued updates for November 30, 2023.

OKX DeFi Adds Staking protocol Tranchess to Web3 DeFi Giving Users the Opportunity to Earn an APR of Up to 11.4%

As part of the 'Web3 DeFi Bonus Season' campaign, offering users who stake ETH via the OKX DeFi aggregator the opportunity to receive an additional Annual Percentage Rate (APR), OKX DeFi added the new staking protocol Tranchess giving users the opportunity to earn an APR of up to 11.4%.

To participate, OKX DeFi users need to:

  • Go to OKX DeFi
  • Search for Tranchess and click Single Crypto
  • Click on invest or click here
  • Connect their wallet and stake ETH

Users who stake their assets with Tranchess on the OKX DeFi platform will receive a base APR of 3,4% and a bonus APR of up to 8%.

For more information, please visit the OKX Support Center.

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 80 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. In addition, OKX Wallet's account abstraction-powered Smart Account enables users to pay for transactions on multiple blockchains using USDC or USDT, and interact with multiple contracts via a single transaction.
  • DEX: A multi-chain, cross-chain decentralized exchange aggregator of 300+ other DEXs and approximately 15 bridges, with 200,000+ coins and more than 20 blockchains supported.
  • 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 about 70 protocols across more than 10 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 learn more about OKX, download our app or visit: okx.com

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