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Cryptocurrency News Articles

OKX Enhances Web3 Offerings, Adds ORBS to On-Chain Earn Portfolio

Mar 22, 2024 at 05:08 pm

OKX Enhances Web3 Offerings, Adds ORBS to On-Chain Earn Portfolio

OKX: Expanding Its On-Chain Earn Portfolio

Is OKX Enhancing Its Web3 Offerings?

OKX, a trailblazing crypto exchange and Web3 innovator, has unveiled a series of updates for March 22, 2024. Among the highlights is the addition of Orbs Network's ORBS token to its On-Chain Earn product.

ORBS: Joining the On-Chain Earn Roster

OKX's On-Chain Earn product has been bolstered with the inclusion of ORBS, enabling users to reap rewards through Proof-of-Stake (PoS) staking and DeFi products. By staking ORBS, users have the potential to earn an APR of up to 7%.

User-Friendly Staking Experience

OKX's On-Chain Earn product is designed to provide a seamless and intuitive experience. Users can effortlessly stake ORBS by navigating to the 'Grow' section on the OKX website or app, searching for ORBS, and subscribing to the service.

Security and Reliability at the Forefront

OKX's On-Chain Earn platform is built on a robust and dependable foundation. The company collaborates exclusively with verified third-party projects to safeguard users' assets. The integration of ORBS expands OKX's suite of services and empowers users to maximize the potential of their crypto holdings.

ORBS: Powering the Orbs Network

ORBS serves as the native token for the Orbs Network, an open, decentralized, and public blockchain infrastructure. It leverages a network of permissionless validators employing PoS consensus to ensure security and scalability.

OKX: A Leading Force in the Cryptosphere

OKX has established itself as a prominent player in the global crypto market. Trusted by over 50 million users worldwide, it is renowned for its lightning-fast execution and reliability. OKX's commitment to innovation is reflected in its partnerships with Manchester City FC, McLaren Formula 1, and Daniel Ricciardo, which aim to elevate fan engagement through Web3.

Transparency and Security: OKX's Cornerstones

OKX prioritizes transparency and security, evidenced by its monthly publication of Proof of Reserves. This unwavering commitment fosters trust and confidence among its users.

Conclusion

OKX's latest updates underscore its dedication to expanding its Web3 offerings and empowering users to harness the potential of cryptocurrencies. The addition of ORBS to the On-Chain Earn product is a testament to OKX's commitment to providing innovative and accessible solutions for its ever-growing user base.

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