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OKEx will launch UST DeFi staking and USDC staking services

BRAZILIEX

Related type: Others

2022-01-12 14:43

  OKEx will launch UST DeFi staking and USDC staking services at 07:00 (UTC) on Jan 13, 2022. Users will be able to stake UST and USDC with just few clicks and earn yield in return.

  Crypto

  Type

  Term

  Total limit

  Individual limit

  Estimated APY

  UST

  DeFi

  Flexible

  N/A

  N/A

  The APY is adjusted automatically based on the on-chain rewards

  USDC

  Staking

  30 days

  7,000,000

  5,000

  20%

  How to stake UST and USDC

  Web: On the OKEx homepage, hover over “Finance” in the top menu and click Earn in the drop-down menu. On the Earn page, you can find UST and USDC via the search box or by scrolling through the list of assets. Click Select to see staking information and then click Subscribe to type the amount of UST and USDC you want to stake.

  Mobile: On the apps home screen, tap Earn. Then use the search box or scroll the list of assets to find UST and USDC. Tap Select to view more information and then click Subscribe to type the amount of UST and USDC you want to stake.

  Click here to access Earn: https://www.okex.com/earn.

  Risk Warning: OKExs UST DeFi service generates earnings from the Anchor protocol based on the Terra blockchain. OKEx accesses third party DeFi protocols and only provides related services such as project display and revenue distribution. OKEx does not take responsibility for any asset losses caused by potential risks including possible contract vulnerabilities, hacking incidents, or termination of business, bankruptcy, and abnormal suspension or cessation of trading of third-party DeFi platforms or projects.

  OKEx

  Jan 12, 2022 (UTC)

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