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SINGAPORE, June 29, 2023 (GLOBE NEWSWIRE) — OKX, a number one Web3 expertise firm, has issued updates for the day of June 29, 2023.
OKX Web3 Earn Provides crvUSD Stablecoin to its Liquidity Swimming pools
OKX Web3 Earn, a DeFi aggregator, has introduced the addition of crvUSD to its liquidity swimming pools. crvUSD is an over-collateralized-debt-position (CDP) stablecoin developed by Curve Finance, a platform for stablecoins and decentralized exchanges.
OKX Web3 Earn is an all-in-one platform that helps customers benefit from decentralized finance and handle investments through completely different DeFi protocols.
In Could, OKX partnered with Certik to introduce its Skynet safety scoring system to OKX Web3 Earn. By way of this partnership, the protocols built-in into Web3 Earn are evaluated utilizing Certik’s Skynet safety rating to assist decide their safety standing. By serving to customers select liquidity swimming pools and staking merchandise primarily based on their threat tolerance, this partnership offers customers with extra confidence of their decisions and aligns with OKX’s aim to reinforce the safety of the DeFi house.
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About OKX
A number one international expertise firm driving the way forward for Web3, OKX offers a complete suite of merchandise to satisfy the wants of newcomers and consultants alike, together with the OKX Pockets, NFT Market and DEX.
OKX companions with a lot of the world’s high manufacturers and athletes, together with: English Premier League champions Manchester Metropolis F.C., McLaren Method 1, The Tribeca Competition, Olympian Scotty James and F1 driver Daniel Ricciardo.
As a frontrunner constructing revolutionary expertise merchandise, OKX believes in difficult the established order. The corporate not too long ago launched a world model marketing campaign entitled, The System Needs a Rewrite, which advocates for a brand new paradigm led by Web3 self-managed expertise to switch present centralized techniques.
To be taught extra about OKX, obtain our app or go to: 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, OR HOLD DIGITAL ASSETS. DIGITAL ASSETS, INCLUDING STABLECOINS, INVOLVE A HIGH DEGREE OF RISK, CAN FLUCTUATE GREATLY, AND CAN EVEN BECOME WORTHLESS. OKX IS NOT REGULATED BY THE FCA, THUS, PROTECTIONS SUCH AS THE FINANCIAL OMBUDSMAN SERVICE OR 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 CONDITION. THE VALUE OF YOUR DIGITAL ASSETS, INCLUDING STABLECOINS, CAN INCREASE OR DECREASE AND PROFITS MAY BE SUBJECT TO CAPITAL GAINS TAX. PAST PERFORMANCE DOES NOT INDICATE FUTURE RESULTS. OKX IS NOT ASSOCIATED WITH ANY PARTICULAR DEFI PROTOCOL, MAKES NO WARRANTIES, REPRESENTATIONS OR UNDERTAKINGS RELATING TO ANY DEFI PROTOCOL’S OFFERINGS, AND IS NOT RESPONSIBLE OR LIABLE FOR ANY DIRECT OR INDIRECT LOSS OR OTHER DAMAGE ARISING FROM YOUR USE OF ANY DEFI PROTOCOL. OKX WALLET IS AN AGGREGATOR; ALL DISPLAYED ESTIMATED RETURN RATES ARE PROVIDED BY THE DEFI PROTOCOL, AND ARE NOT GUARANTEED NOR INDICATIVE OF FUTURE RETURNS. PLEASE CONDUCT YOUR OWN DUE DILIGENCE BEFORE INVESTING IN ANY DEFI PROTOCOL. PLEASE CONSULT YOUR LEGAL/TAX/INVESTMENT PROFESSIONAL FOR QUESTIONS ABOUT YOUR SPECIFIC CIRCUMSTANCES.
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