OKX Launches ONE Subscriptions on On-chain Earn Platform
OKX, a leading cryptocurrency exchange, has introduced ONE subscriptions on its On-chain Earn platform, starting at 1:00 pm UTC on June 13, 2024.
Contents
On-chain Earn Platform Highlights
On-chain Earn allows users to stake digital assets and earn rewards directly on the blockchain. This service aims to simplify the process of earning on-chain rewards.
How to Stake ONE
Via Browser:
- Navigate to the “Grow” section.
- Select “Earn.”
- Choose “On-chain Earn.”
- Search for “ONE” and select “Subscribe.”
Via OKX App:
- Navigate to “Grow.”
- Select “Earn.”
- Choose “On-chain Earn.”
- Search for “ONE” and select “Subscribe.”
Important Considerations
- Project Rules: Each Proof of Stake project has unique rules. Users should understand these details, including:
- Minimum redemption amount
- Interest accrual start time
- Reward distribution time
- Principal redemption period
- Expected annualized earnings
- Fees: OKX charges a percentage fee from users. Detailed information is available on the product introduction page.
- Risk Disclaimer: OKX disclaims responsibility for disputes over agreements, hacking incidents, project fraud, or other risks resulting in asset loss.
Future Plans
OKX expressed gratitude to users and announced plans to launch more On-chain Earn products in the coming weeks.
Summary
OKX’s new ONE subscription on the On-chain Earn platform provides users with a streamlined way to stake their assets and earn blockchain-based rewards. With detailed guidelines and considerations, OKX ensures users are well-informed before participating.
