OKX Wallet and Reserve Protocol announce partnership
OKX Wallet and Reserve Protocol announce partnership
Cryptocurrency exchange OKX announced that OKX Wallet and Reserve Protocol have entered into a partnership agreement that will allow users to increase the annual percentage rate of ETH and ETH+.
The partnership will allow users who stake Curve LP ETH+-WETH via Convex on OKX DeFi to receive an increased annual interest rate of up to 5% in addition to any base annual interest rate.
All participants in the promotion, which runs from 10:00 a.m. (UTC) November 8 through 10:00 a.m. (UTC) December 7, will receive their base and additional annual interest in the form of ETH+, according to the GlobeNewswire website.
ETH+ is a diversified, safety-focused ETH LST index, powered by Lido stETH and Rocketpool rETH.
To receive the enhanced annualized interest rate in the Curve LP ETH+-WETH liquidity pool, you need to:
- Connect your wallet or create a new one through OKX Wallet;
- Visit OKX DeFi;
- Find "Curve LP ETH+-WETH" and invest in this liquidity pool.
- After the promotion period, users will be able to receive an increase in the annual ETH+ interest rate.
Note that participants who invest their LP tokens in the Convex Curve LP ETH+-WETH liquidity pool via OKX DeFi will be eligible to receive a bonus pool of $20,000 in ETH+.
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