OK, a leading Web3 technology company, has recently released updates for February 2024. The new update includes the availability of ETH restaking on its Web3 DeFi platform, allowing users to use staked Ethereum as a security measure for other protocols in return for potential rewards and fees. This feature aims to expand the utility and enhance the security of Ethereum’s staking infrastructure. The introduction of ETH restaking provides a more diversified and potentially higher-yielding staking experience for OKX DeFi users, enabling them to unlock the full potential of their ETH.
With over 3,000 staking products across 18+ chains, OKX DeFi offers a wide range of opportunities for users to enjoy enhanced APRs. It’s important to note that not all products are available in all regions. For more information, visit the OKX Support Center.
In addition to the new feature, OKX provides a comprehensive suite of products, including OKX Wallet, DEX, NFT Marketplace, and Web3 DeFi. The OKX Wallet is known as the world’s most powerful and versatile crypto wallet, offering access to over 80 blockchains and the ability to take custody of their own funds. The platform also includes a DEX, NFT Marketplace, and Web3 DeFi, supporting earning and staking on about 70 protocols across more than 10 chains.
OKX has also partnered with top brands and athletes, including English Premier League champions Manchester City F.C., McLaren Formula 1, The Tribeca Festival, Olympian Scotty James, and F1 driver Daniel Ricciardo. The company recently launched a global brand campaign entitled, The System Needs a Rewrite, advocating for a new paradigm led by Web3 self-managed technology.
For more information about OKX and its products, visit the official website at okx.com or download the app.
Disclaimer: This article was sourced from OKX. Photo: ![OKX_Logo_Logo](https://mma.prnewswire.com/media/2014295/OKX_Logo_Logo.jpg?p=original)
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