Flash News: OKX Wallet Launches 'Web3 DeFi x F(x) Bonus' Campaign, Giving Users an APR Boost of Up to 8% in FXN Tokens

SINGAPORE, Nov. 02, 2023 (GLOBE NEWSWIRE) -- OKX, a leading Web3 technology company, has issued updates for November 2, 2023.

OKX Wallet Launches 'Web3 DeFi x F(x) Bonus' Campaign, Giving Users an APR Boost of Up to 8% in FXN Tokens

OKX Wallet today announced the launch of 'Web3 DeFi x F(x) Bonus Event,' a campaign that gives users who stake their funds into Convex Finance's 'Curve LP crvUSD-fETH' liquidity pool via OKX DeFi the opportunity to enjoy an APR boost of up to 8% - in addition to any base APR. Convex Finance is a DeFi protocol that aims to maximize rewards for Curve users through pooled control of voting power and incentives.

The additional APR received by users who take part in the campaign, which began on November 2, 2023, at 10:00 (UTC) and ends on January 1, 2024, at 10:00 (UTC), will be in the form of FXN, the token that fuels the f(x) protocol. The bonus pool for this campaign is 1,111 FXN tokens.

To participate in the campaign, OKX Wallet users simply need to:

1. Connect their wallet or create a new one on OKX Wallet
2. Go to OKX DeFi
   • Part of OKX Wallet, OKX DeFi is a powerful DeFi platform that supports earning and staking on about 70 protocols across more than 10 chains
3. Search for 'Curve LP crvUSD-fETH' and stake their funds into the liquidity pool
4. Users will then be eligible to receive a boost in their FXN APR once the campaign period ends

Further details on the campaign and its terms and conditions can be found here.

For more information, please visit the OKX Support Center.

For further information, please contact:
[email protected]

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 70 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

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.