OKX Launches 'Web3 DeFi Bonus Season' Campaign, Giving Users the Opportunity to Earn an Additional APR of Up to 14%

Singapore, November 20, 2023 -- OKX, a leading Web3 technology company, today announced the launch of its 'Web3 DeFi Bonus Season' campaign, offering users who stake ETH via its OKX DeFi aggregator the opportunity to receive an additional Annual Percentage Rate (APR) of up to 14%* on their staked funds.

The campaign, which runs until February 12, 2024 at 10:00 (UTC), rewards OKX DeFi users who stake their assets into the liquidity pools of the following liquidity protocols - Lido, Pendle, Equilibria, Penpie, Stader and Swell - with an enhanced APR ranging from 2.4% to 14%, in addition to any base APR.

The additional APR received by users who participate in this campaign will depend on the specific protocol and liquidity pool chosen by the user. Users also have the opportunity to increase their APR by staking the rewards they may receive from one protocol's liquidity pool into another protocol's liquidity pool.

For example, OKX DeFi users who stake ETH through the Lido protocol can receive an enhanced APR of up to 3% in the form of stETH, in addition to any base APR. These users can then stake their stETH into one of Pendle's stETH liquidity pools, such as stETH 2024/12/26, to receive Pendle's LP tokens. By subsequently staking tokens into the liquidity pools of Equilibria or Penpie, users have the opportunity to avail of more ways to boost their APR and token rewards.**

This campaign also marks OKX's extended partnership with Lido; OKX initially partnered with Lido on August 22 to launch an ETH staking campaign that gave users the opportunity to earn an enhanced APR of up to 3%. OKX and Lido have once again partnered for the 'Web3 DeFi Bonus Season' campaign, showcasing their shared dedication to providing Web3 users with a seamless and secure ETH staking experience.

*Note: The total rewards for this campaign are capped at US$300,000. For the campaign's full terms and conditions, click here.

** Digital assets, including stablecoins, involve a high degree of risk, can fluctuate greatly, and can even become worthless. Past performance is not indicative of future results.

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© 2023 OKX。本文可以全文複製或分發,也可以使用本文 100 字或更少的摘錄,前提是此類使用是非商業性的。整篇文章的任何複製或分發亦必須突出說明:“本文版權所有 © 2023 OKX,經許可使用。”允許的摘錄必須引用文章名稱並包含出處,例如“文章名稱,[作者姓名(如適用)],© 2023 OKX”。不允許對本文進行衍生作品或其他用途。
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