OKX, one of the leading global cryptocurrency exchanges, has unveiled its latest offering, adding CHZ (Chiliz) to its On-chain Earn program. Starting from June 20, 2024, users can subscribe to CHZ staking, enabling them to earn on-chain rewards seamlessly.
This initiative aims to enhance user engagement by providing simplified staking processes and real on-chain annualized earnings without subscription limits.
The On-chain Earn program that offers a fluid user experience, allows participants to stake CHZ through simple steps either via the OKX browser platform or the mobile app. This move aligns with OKX's strategy to broaden its range of DeFi services, making it easier for users to maximize their crypto investments.
By adding CHZ, OKX leverages the growing popularity of Chiliz, known for its role in the sports and entertainment sectors. This is the main means of payment used by sports enthusiasts to acquire the Fan Tokens of their preferred teams and organizations. There can never be more than 8.8 billion CHZ coins because, like many other cryptocurrencies, the total supply of CHZ is capped.
The launch of CHZ on On-Chain Earn is part of OKX's broader efforts to continually expand its product offerings and support a wide variety of digital assets.
The success of CHZ on OKX’s On-chain Earn could set the stage for further integrations and partnerships, solidifying OKX's position as a versatile and user-friendly crypto exchange.
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