SINGAPORE, Aug. 05, 2024 (GLOBE NEWSWIRE) — OKX, a leading Web3 technology company, has issued updates for August 5, 2024.
OKX Wallet is now integrated with Bemo, OKX Wallet Integrates Bemo, Bringing Liquid Staking to TON Blockchain Users
OKX, a leading crypto exchange and Web3 technology company, has announced the integration of Bemo into OKX Wallet. Bemo is a non-custodial liquid staking protocol built on The Open Network (TON) blockchain, allowing users to stake native TON tokens and receive stTON tokens in return.
As the first liquid staking application on TON, Bemo enables users to participate in staking while maintaining liquidity through stTON tokens, which can be freely used in DeFi applications. The value of stTON tokens increases relative to TON as staking rewards accumulate after each validation round.
This integration benefits OKX Wallet users by providing direct access to TON blockchain’s liquid staking opportunities through a trusted and user-friendly interface. OKX Wallet users can now easily stake their TON tokens, earn rewards, and utilize their staked assets in various DeFi applications without leaving the wallet ecosystem.
For more information, please visit the OKX Support Center.
For further information, please contact:
Media@okx.com
About OKX
OKX is a leading global crypto exchange and innovative Web3 company. Trusted by more than 50 million global users, OKX offers a secure and trustworthy platform that provides responsible crypto traders with innovative tools to access the world of crypto.
As a global brand and top partner of Manchester City FC and McLaren Racing, OKX uses Web3 technology to redefine how fans connect with their favorite teams. Recent examples include its Unseen City Shirts and Race Rewind digital collectible campaigns, which offer fans real-world benefits like exclusive match-day and trackside experiences. As the Presenting Partner of Tribeca Festival, OKX also empowers artists and creators through Web3.
In line with its “on-chain, any chain” philosophy, OKX contributes to the growth of the Web3 ecosystem via its secure, interoperable and self-custody enabled OKX Wallet. OKX Wallet is a user-friendly gateway to the on-chain world, connecting to over 100 blockchains, 10,000 dApps, 170+ DeFi protocols, 300,000 tokens and 490+ decentralized exchanges (DEXs).
OKX is committed to transparency and security, and publishes its Proof of Reserves monthly to build trust. It is also dedicated to expanding its educational resources through OKX Learn, making digital assets accessible and understandable for a broader audience.
To learn more about OKX, download our app or visit: okx.com
Disclaimer
This announcement is provided for informational purposes only. It is not intended to provide any investment, tax, or legal advice, nor should it be considered an offer to purchase, sell, hold or offer any services relating to digital assets. Digital assets, including stablecoins, involve a high degree of risk, can fluctuate greatly, and can even become worthless.
