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(Press release – San Francisco, United States, June 1, 2023)
- Along with BRC-30, OKX Wallet users will soon be able to stake BRC-20 tokens and bitcoin to earn passive income on their digital assets.
okxA leading Web3 company, today introduced its Proposal For a new, open-source BRC-30 protocol that enables BRC-20 tokens and bitcoin to earn BRC-30 tokens. The protocol is open-source and available for all developers to build on.
okex wallet The protocol will add support for the BRC-30 standard, allowing users to earn passive income by staking BRC-20 tokens or bitcoin. earn web3 without active trading. This complements the existing range of curated DeFi earning products already available through the platform.
The introduction of BRC-30 and its staking functionality is driven by OKEx’s goal to provide users with additional opportunities to participate in the bitcoin ecosystem and earn passive income.
Jason Lau, Chief Innovation Officer of OKEx, said: “We are thrilled to propose and move forward with the BRC-30 standard to enable bitcoin and BRC-20 token staking. With OKEx Wallet soon to include BRC-30 support, users can use bitcoin staking and multiple-chain earning opportunities. With the bitcoin ecosystem seeing an explosion of new developments, we are proud to work with developers and projects across the community to contribute to the growth of the wider ecosystem. .
OKEx is a longtime supporter of bitcoin, having integrated the Lightning Network into its centralized exchange two years ago. OKX Wallet is also the first multi-chain wallet to support BRC-20 trading with the launch of its Ordinals Marketplace, as well as viewing and transferring bitcoin ordinals.
About OKX
OKX, a leading global technology company driving the future of Web3, offers a comprehensive suite of products to meet the needs of beginners and experts alike, including OKX Wallet, NFT Marketplace, DEX and Web3 Earn.
OKX has partnered with many of the world’s top brands and athletes, including English Premier League champions Manchester City FC, McLaren Formula 1, The Tribeca Festival, golfer Ian Poulter, Olympian Scottie James and F1 driver Daniel Ricciardo.
As a leader in manufacturing 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 replace the existing centralized systems.
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 construed as an offer to buy, sell, or hold digital assets. Digital assets, including stablecoins, involve a high degree of risk, can be highly volatile, and may even be worthless. OKX is not regulated by the FCA, thus, protections such as the Financial Ombudsman Service or the Financial Services Compensation Scheme will not be available. You should consider whether you understand how crypto works and whether trading or holding digital assets is suitable for you in light of your financial situation. The value of your digital assets, including stable coins, may increase or decrease and profits may be subject to capital gains tax. Past performance is not indicative of future results. OKX is not affiliated with any particular DeFi protocol, makes no warranties, representations or undertakings relating to the offering of any DeFi protocol, and will not be liable for any direct or indirect loss or other damages arising from your use of any DeFi protocol. is not responsible or liable for. OKEx Wallet is an aggregator; All displayed estimated return rates are provided by the DeFi protocol, and are not guarantees or indications of future returns. Please conduct your own due diligence before investing in any DeFi protocol. Please consult your legal/tax/investment professional for questions regarding your specific circumstances.
Binance Free $100 (Exclusive): Use this link to register and get $100 free and 10% off on Binance Futures for the first month. (terms).
PrimeXBT SPECIAL OFFER: Use this link to register and enter the code CRYPTOPOTATO50 to receive up to $7,000 on your deposit.
[ad_1]
(Press release – San Francisco, United States, June 1, 2023)
- Along with BRC-30, OKX Wallet users will soon be able to stake BRC-20 tokens and bitcoin to earn passive income on their digital assets.
okxA leading Web3 company, today introduced its Proposal For a new, open-source BRC-30 protocol that enables BRC-20 tokens and bitcoin to earn BRC-30 tokens. The protocol is open-source and available for all developers to build on.
okex wallet The protocol will add support for the BRC-30 standard, allowing users to earn passive income by staking BRC-20 tokens or bitcoin. earn web3 without active trading. This complements the existing range of curated DeFi earning products already available through the platform.
The introduction of BRC-30 and its staking functionality is driven by OKEx’s goal to provide users with additional opportunities to participate in the bitcoin ecosystem and earn passive income.
Jason Lau, Chief Innovation Officer of OKEx, said: “We are thrilled to propose and move forward with the BRC-30 standard to enable bitcoin and BRC-20 token staking. With OKEx Wallet soon to include BRC-30 support, users can use bitcoin staking and multiple-chain earning opportunities. With the bitcoin ecosystem seeing an explosion of new developments, we are proud to work with developers and projects across the community to contribute to the growth of the wider ecosystem. .
OKEx is a longtime supporter of bitcoin, having integrated the Lightning Network into its centralized exchange two years ago. OKX Wallet is also the first multi-chain wallet to support BRC-20 trading with the launch of its Ordinals Marketplace, as well as viewing and transferring bitcoin ordinals.
About OKX
OKX, a leading global technology company driving the future of Web3, offers a comprehensive suite of products to meet the needs of beginners and experts alike, including OKX Wallet, NFT Marketplace, DEX and Web3 Earn.
OKX has partnered with many of the world’s top brands and athletes, including English Premier League champions Manchester City FC, McLaren Formula 1, The Tribeca Festival, golfer Ian Poulter, Olympian Scottie James and F1 driver Daniel Ricciardo.
As a leader in manufacturing 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 replace the existing centralized systems.
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 construed as an offer to buy, sell, or hold digital assets. Digital assets, including stablecoins, involve a high degree of risk, can be highly volatile, and may even be worthless. OKX is not regulated by the FCA, thus, protections such as the Financial Ombudsman Service or the Financial Services Compensation Scheme will not be available. You should consider whether you understand how crypto works and whether trading or holding digital assets is suitable for you in light of your financial situation. The value of your digital assets, including stable coins, may increase or decrease and profits may be subject to capital gains tax. Past performance is not indicative of future results. OKX is not affiliated with any particular DeFi protocol, makes no warranties, representations or undertakings relating to the offering of any DeFi protocol, and will not be liable for any direct or indirect loss or other damages arising from your use of any DeFi protocol. is not responsible or liable for. OKEx Wallet is an aggregator; All displayed estimated return rates are provided by the DeFi protocol, and are not guarantees or indications of future returns. Please conduct your own due diligence before investing in any DeFi protocol. Please consult your legal/tax/investment professional for questions regarding your specific circumstances.
Binance Free $100 (Exclusive): Use this link to register and get $100 free and 10% off on Binance Futures for the first month. (terms).
PrimeXBT SPECIAL OFFER: Use this link to register and enter the code CRYPTOPOTATO50 to receive up to $7,000 on your deposit.
