Your purchased USDT tokens will be deposited in your account almost instantly after completing your order. Importance of choosing a reliable platform for staking stablecoins: Stablecoins are becoming increasingly popular as they offer a stable and predictable value compared to other volatile cryptocurrencies. One of the main reasons people stake is for the rewards. MELBOURNE, Australia, 29 March, 2023 - OKX, the second-largest crypto exchange by trading volume and a leading Web3 technology company, today announced that it will open an office in Australia in the coming months. For example, USDC/WETH is currently yielding 4. Data from Glassnode shows that as of Thursday, 14. 0 company, today introduced its proposal for a new open-source BRC-30 protocol that enables staking of BRC-20 tokens and Bitcoin in order to earn BRC-30 tokens. Xu stressed that it would be separated from OKXChain and would address. Like DOGE, SHIB centered its branding on the Shiba Inu dog breed. Buying and staking at least 500 MCO tokens will generate an additional 2% annual percentage rate. No terms, KYC/documents and no need to sell your crypto. This trade type is known as margin trading. Nexo is the best choice if you want high returns on your stablecoins. Buy crypto. Staking stablecoins, in my opinion, is the way to go. Novel approaches to staking (Stakewise V3 and ether. ©2023 OKX. OKX is well respected as one of the best cryptocurrency exchanges in the world. Here are the lastest stablecoins yields across some of the top exchanges as of March 2022: USDC: 2. It was developed quietly in 2022; for the first time, the existence of OKBChain was made public on Feb. Developers. Risk warning: Trading digital assets involves significant risk and may result in the loss of your invested capital. 0 (Eth2), USDC, Binance (BNB) are the most popular stablecoins to use for staking. Stablecoins are a type of cryptocurrency meant to be “pegged” to or closely match the value of another currency or financial asset — like the U. 1%, some of the Defi options offer returns of up to 19. S. On-chain Earn. However, as we discussed in our latest in-depth analysis of the stablecoin space, the current solutions are far from ideal — and. Anchor, as well as Nexo and Celsius, is a good and safe place to stake stablecoin. Staking rewards well. OKX is the new OKEx. S. AQRU – An Easy-to-use Crypto Staking Platform in Australia. While Tether's stablecoin (USDT) has the largest. dollar, a combination of currencies (basket), or a real-life commodity. The FSB said last year that it wanted credited cross-border payments to be possible within one hour, and with transaction costs of under 1%, by 2027, and is currently exploring a number of avenues. Users can pay for gas on any supported chain using stablecoins USDC and USDT. Aside from SHIB and XRP, OKX also introduced flexible staking for other top crypto assets, including Dogecoin (DOGE), Filecoin (FIL), and Litecoin (LTC). The fiat-backed stablecoin explained. Staking stablecoins is a great way to hold your funds in the current low interest rate environment and earn yields while avoiding market volatility. View the latest crypto prices, volume, and data. Nov 8, 2023. You can get up to 8. 15% in Coinbase, 2. Stablecoins have been growing rapidly, here are some reasons and risks. From Centralization to Intent Revolution: Infura's Shift, Blockchain's 'Intents' Era, and OKX's L2 Triumph!Notably, the stablecoins issued on the Terra network are not backed by fiat currency held in various bank accounts around the world. OKX is a global cryptocurrency exchange with over 20 million customers and over 340 available cryptocurrencies. Pax Gold (PAXG) is an asset-backed token where one token represents one fine troy ounce of a London Good Delivery gold bar, stored in professional vault facilities. Different types of stablecoins use different mechanisms to keep. OKX Web3 DeFi is an all-in-one platform to help you make the most of decentralized finance. Das heisst du kaufst Stablecoins und lässt sie liegen und schiebst sie ins staking. To learn more about OKX, please visit okx. First you'll need an OKX account. 19, 2023 -- OKX, a leading crypto exchange and innovative Web3 technology company, today announced its partnership with Solana Mobile to bring the OKX app to the Solana Saga’s dApp store, making it among the first exchange app available on the Solana Web3 smartphone and unlocking OKX's industry-leading Web3 products for. The OKX Wallet Web Extension allows you to do it easily with just a few clicks. See full list on okx. First, navigate to the "Buy Crypto" page, enter the amount of BTC you wish to purchase and select your local fiat currency. However, stablecoins are usually utilized in the opposite manner. Die Steuern beim Verkauf habe ich schon verstanden… wenn man länger als 1 Jahr wartet und dann verkauft, dann ist es vollkommen steuerfrei. OKX lets crypto traders borrow money and multiply their assets to make their possible gains or losses bigger. or (iii) financial, accounting, legal, or tax advice. One easy way to find and stake your stable assets is through the OKX Wallet. We update our RSR to USD price in real-time. A stablecoin is a cryptoasset pegged to another asset, such as fiat currencies or precious metals. Exchange Wallet. Security. Stackable coin from E-money project, NGM is a very solid coin, with strong finances and big potential for nice ROI on long-term basis, plus it has a nice 18. Is there such a staking for stable coins like USDT, USC, UST, etc. Investors typically trade crypto in order to make money off the coin’s varying worth. I am currently using a safety net of stablecoins (USD) that are earning fixed interest on a few different platforms. The basic insight behind synthetic dollars is that by holding two inversely related assets one can maintain, in aggregate, a stable USD price. Stablecoins aim to offer a substitute for the high volatility of most widely used cryptocurrencies, such as Bitcoin (BTC. You can understand them and choose them as per. Step 2: Log in to the OKX official APP, go to the Grow section and click Jumpstart. With the recent and still ongoing Luna issue a can of worms have essentially been opened. Where 0. OKX – Availability of several tokens to earn a variety of APYs. Staking stablecoins is a great way to hold your funds in the current low interest rate environment and earn yields while avoiding market volatility. Earn potentially high APRs on current market trends. Compra exprés. Connect and unlock your Ledger device. Market analysis, curated news and industry insights on Bitcoin, DeFi, NFTs, GameFi and more. Stablecoins can be tied to things like the U. They offer many benefits, such as being. § 2. After that, you put the stablecoins onto a reserve of liquidity on a DeFi. New comments cannot be posted and votes cannot be cast. To connect your OKX Wallet, you can either create a new wallet directly through the OKX mobile app or desktop browser extension, or restore your existing wallet. Table of contents. Last on the list of places to stake stablecoins is Ledger Nano. Additionally, buying USDT on OKX gives you access to hundreds of digital assets listed for trading, including BTC and ETH. Our Rating: 4. Staking Rewards on Cryptocurrencies:With BRC-30, OKX Wallet users will soon be able to stake BRC-20 tokens and Bitcoin to earn passive income on their digital assets. It seems for the most part, the safest and higher APRs are on CeFi platforms. Whether you want to change bitcoin, ethereum,dogecoin or any other asset, we help provide the best exchange rate. OKX also offers crypto staking on several popular. 4 hours ago · What is Blast? As the market's only Ethereum L2 with native yield for ETH and stablecoins, Blast is the result of Blur's founder Tieshun Roquerre recognizing a need. com – earn up to 10% APY on stablecoins, open to USA. Currently Synapse Protocol and eMoney NGM. For information on how to apply for an account on OKX, please read here. These accounts offer up to 300% APY for certain tokens. You can easily purchase Bitcoin on OKX using fiat currency. OKX is pleased to announce the listing of DAI and TUSD on our Convert in Stablecoins to provide a better user experience. Exchange Wallet. They achieve this by tying their value to. It provides services for users to learn about. SINGAPORE, Nov. Exchange Wallet. Dear OKX customers,OKX is pleased to announce the upcoming launch of OKX Cryptopedia Season 8 on October 16, 2023, at 4am (UTC). 1 hour ago · The Bitcoin price smashed through $38,000 after BlackRock met with the US Securities and Exchange Commission (SEC) to talk about its ETF application as the odds on approval rise and new. A stablecoin is a cryptocurrency whose value is pegged to the price of another asset, hence the term “stable. Instantly trade spot OTC, futures spreads, and options strategies at the price you wantFor example, both DOT and ADA can be staked while locked by Ledger. Like Tether & the USDC, TrueUSD keeps fiat currency in a 1:1 ratio of reserves to digital coins. Stablecoins are tied to an underlying asset and are designed to maintain a fixed value, called a peg. 1. 1 day ago · Follow. The higher yields come with staking your assets on the protocol and receiving HND rewards. Staking rewards vary depending on the token and staking type but can reach up to 103% (for Solana) in annual returns. MELBOURNE, Australia, 29 March, 2023 - OKX, the second-largest crypto exchange by trading volume and a leading Web3 technology company, today announced that it will open an office in Australia in the coming months. Сторінка «Stablecoins» Академії OKX — це канал для збору знань про Stablecoins і останніх новин. In this OKX Insights article, we examine how supply and issuance models impact a currency’s utility and, ultimately, price. Formerly known as USD Coin, USDC has successfully established itself as one of the go-to stablecoins in the crypto space. OKX Wallet. In your inbox every week; Click here to return to OKX Read the latest from OKX Insights. What’s the Point of a Stablecoin? The main aim of stablecoins is to minimize crypto price volatility, which makes them useful as a medium of exchange and store of value. With BRC-30, OKX Wallet users will soon be able to stake BRC-20 tokens and Bitcoin to earn passive income on their digital assets; OKX, a leading Web3 company, today introduced its proposal for a new, open-source BRC-30 protocol that enables staking of BRC-20 tokens and Bitcoin in order to earn BRC-30 tokens. Start with only 100 USDT. 4. You can earn rewards on more than 10 of the cryptocurrencies that Okcoin offers just by depositing them to a staking/lending pool. From self-custody to staking, Proof of Reserves, and more, crypto brings new solutions to the table – adding on to the ones developed in traditional finance, like cash deposits and financial audits. Staking and Yield Earning:. Tether and Tether Gold were both created in 2014 as ERC-20 tokens, with the latter being totally backed by gold. Due to new regulations introduced by the UK Financial Conduct Authority, starting 8 October, there will be some important changes to the OKX experience for users in the UK. OKX wallet claims to be the “portal to Web3,” offering a crypto hot wallet, decentralized exchange (DEX), a NFT marketplace and decentralized applications (DApps). com . Today, several platforms offer decent returns for staking stablecoins. 2 - 1,000 =10. Staking rewards vary depending on the. Connecting Web3. This is required to buy crypto and earn interest on the purchase. 46M, which is 22. The inflow is evidence of. 0xScope offers a range of SaaS solutions that. Third-party payment. True USD. 9. 1% — about one-sixth. By staking stablecoins, users can help to provide liquidity to the stablecoin ecosystem and earn rewards for doing so. After entering the amount you wish to stake, you will see reference information, such as the staking rewards fee and the transaction cost. Staking is the process by which crypto transactions. They offer several benefits, including acting as a store of value and a reliable source of passive income through staking. If asked, allow access to My Ledger by simultaneously pressing both buttons on your device. Simply enter the amount of XRP you wish to purchase in your preferred currency and complete payment using your desired credit card. While Tether's stablecoin (USDT) has the largest market cap. Stablecoins, cryptocurrencies designed to hold a stable value through a peg to an underlying asset, such as the U. Tether and Tether Gold were both created in 2014 as ERC-20 tokens, with the latter being totally backed by gold. 0, which is ideal for investors that wish to participate in the network’s validation without running their. Step 2: Log in to the OKX official APP, go to the Grow section and click Jumpstart. Compared to more volatile cryptocurrencies, stablecoins are more helpful in exchanging value. Also Read: Top 10 Yield Farming Opportunities For Ethereum (2023) 1. Liquid staking derivatives represent a user's staked assets and can be used in DeFi activities, enabling them to earn additional yield on top of their staking rewards. It also provides custodial solutions and backup systems to major cryptocurrency. Stablecoins are convenient for day-to-day transactions and may be used to purchase products and services made either online or in. Purchase USDT instantly from our peer-to-peer (P2P) Market. It provides services for users to learn about blockchain and the latest and most detailed trends of digital currency. These changes only apply to retail users. Note — Foundation will receive $48m in UNI in two days, potentially converting it to stablecoins. Once all the conditions are met, the lender releases digital assets to the borrower. Unlike other leading cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH), which are notorious for their price volatility, stablecoins are designed to maintain a fixed value. TRON (TRX) is a leading blockchain-based decentralized platform aiming to build a free, global digital content entertainment system. Purchase USDT instantly from our peer-to-peer (P2P) Market. 75%. The Universal Digital Payments Network instructs and allows transactions, ranging from stablecoins on public blockchains to central bank digital currencies. OKX Web3 DeFi is an all-in-one platform to help you make the most of decentralized finance. 4%. Interest rates. Buy XRP with credit/debit card. Staking stablecoins is a great way for investors to increase the value of their investment while still having access to it, as staking rewards are typically paid out in the same currency that is being staked. Buy BTC, ETH, XRP and more on OKX, a leading crypto exchange – explore Web3, invest in DeFi and NFTs. 131 votes, 98 comments. OKX Chain. 2 OKT all at once. VICTORIA, Seychelles, 27 March, 2023 -- OKX, the world’s second largest crypto exchange by trading volume, today launched Turkish Lira (TRY) deposits and withdrawals on Android, iOS and web. Almost positive your friend is simply talking about staking and lending stablecoins because other than that you really can't "trade" stablecoins for profit but that doesn't take away their important use case in everyone's crypto arsenal. Digital assets, including stablecoins, involve a high degree of risk, can fluctuate greatly, and can even become worthless. OKX Wallet is First Multi-Chain Wallet to Offer Staking for Bitcoin and BRC-20 Tokens. Get stablecoins for 10% APR. either keep your money in FIAT and invest in the bank/stocks whatever, or invest into crypto gunning for those huge valuations. Below we have provided a quick summary of the available staking types. palmtree911 • 1 yr. DeFi – Earn with DeFi and 0% fees. The lender receives interest payments for the loan. The loan interest is on a daily basis, and is generally less than 1%, and the staking interest in an annual rate, so you always end up losing money if you stake money taken out on loan. You can choose the. A fungible token standard made specifically for the Bitcoin blockchain, BRC-20 allows users to deploy token contracts and mint and transfer tokens. One of the most widely used stablecoins for staking up until May 6, 2022, was the algorithmic stablecoin Terra USD (UST). 5%=$97. And the staking profit it will yield won’t be $65 but $1500*6. Unfortunately, now the best you can hope to do at best is a 4% APR on a Credit Union that requires several hoops you have to jump through. It began serving the cryptosphere way back in 2016 as a crypto trading platform and has since expanded to offer several advanced trading services, derivatives, and tools like copy trading, trading bots, and several passive income strategies under its Earn section. The Interest you earn varies with your deposited assets. SushiSwap offers a massive list of liquidity pools where users can deposit crypto and earn big rewards. Each has its own annual percentage yield (APY) based on whether you choose a fixed or flexible. Right now, the platform primarily offers staking rewards on volatile assets, like Ethereum (ETH), Cosmos (ATOM) and Tezos (XTZ), but also supports stablecoins, like USD Coin (USDC) and DAI. Savings – Low risk deals & flexible terms. As the best decentralized exchange, OKX has a dedicated staking feature for Ethereum 2. The Stablecoins page of OKX Academy is a channel for gathering Stablecoins knowledge and its latest news. In a recent report from the Congressional Research Service (CRS) titled ‘Stablecoins: Legal Issues and Regulatory Options’, SEC Chairman Gary Gensler was quoted as saying, “some stablecoins. Typical yield for stablecoins is. Exchange Wallet. To stake ETH in Lido, you need to connect your Ethereum wallet — such as MetaMask or WalletConnect. Staking, normally refers to POS consensus mechanism where a cryptocurrency blockchain, runs by people running nodes with collateral on the line to keep them honest. In layman’s terms users lock. Key steps involve acquiring stablecoins from crypto exchanges, lending them on DeFi platforms like Aave or Uniswap, and earning rewards such as interest or additional tokens. The protocol is open-source and available for all developers to build upon. After going through the list of stablecoins, you need to know about the types of stablecoins. Toncoin ranks 157 by trading volume and is trading on 23 crypto exchanges. But prime stablecoins like USDC and Pax (USDP) are fully backed by high. Updated Oct 16, 2023. Here are the lastest stablecoins yields across some of the top exchanges as of March 2022: USDC: 2. By holding OKB, you also gain exposure to high-quality crypto projects through the OKX Jumpstart launchpad initiative. This detailed, 360-degree OKX review dives into the features, functions, pros, and cons of the leading crypto exchange. 5% in ByBit. 0. The Summit will take place on May 10-11 at the. Opening Deposit/Withdraw from OKX websiteWhat currencies. SINGAPORE, Nov. 49 – 10% APY. digital assets. 5%, with users allowed to stake a minimum of. com exchanges in exchange for stablecoins. To start stablecoin staking, you need to first buy stablecoins, such as Tether (USDT), from trusted crypto exchanges including Binance and Coinbase. OKX Crypto Staking. With the markets so volatile right now, you may be looking for a way to hedge your investments with stablecoins in case of a market correction. Key metrics included the number of cryptocurrencies available to trade. okx disclaims all liability with regards to the article, including the veracity of the facts asserted by these third parties. Cryptocurrencies like Bitcoin and Ethereum are notorious for their volatility when priced against fiat currency. Crypto News from Glassnode and Will Clemente notes that since 2020 USDT has dropped from 88% to 48%, USDC has tripled its market share from 10% to 32%, and BUSD has grown about 30x from 0. 1 day ago · Blast, a layer-2 blockchain scheduled to go live in March, has garnered more than $225 million in staked ether stETH and stablecoins since Monday despite facing. Crypto that OKX doesn’t support. Stablecoins, like all digital currencies, possess inherent risks to the underworld. 🪙 Stablecoins: The Good, The Bad, The staking. Users can also conduct gasless transactions if third-party dApps choose to sponsor their on-chain interactions. COM. Digital assets, including stablecoins and NFTs, are subject to market volatility, involve a high degree of risk, can lose value, and can even become worthless. Why does it make such a huge difference? My main question is where you'd stake your stablecoins now. Additionally, buying USDT on OKX gives you access to hundreds of digital assets listed for trading, including BTC and ETH. com offer 10-12% APY on stablecoins. Avax, harmony one, curve, etc. 16, 2023, by Mingxing "Star" Xu, a founder of OKX. Risks: Rug pull. By staking your stablecoins, you. 05% for ATOM, 11. The lending rates can vary on Oasis but historically range from 0% to 8. Offers services beyond holding & trading. True to their name, stablecoins are intended to be a stable crypto option to invest in, especially when compared to. Origin Dollar – DeFi’s first yield-bearing stablecoin. 10 hours ago · One main advantage for Blast over other Layer 2 blockchains includes whitelisted users earning yields of 5% on stablecoins and 4% on ETH, despite commonly being 0% on other networks. The protocol is open-source. OKX. You can check the tokens you've received on this page: A visual showing how to view your rewards when staking BRC20-S with OKX. OKX DEX is a DEX aggregator that aims to solve all of the above issues by consolidating the different trading prices and paths across more than 100+ DEXs and recommending the optimal path with the least amount of slippage (i. During this crash, I learned this the hard way. 23, 2022. Many tokens, like stablecoins and governance tokens for DeFi protocols, are based on the ERC-20 standard. fi) establish competitive marketplaces where node operators compete for capital by offering superior staking yields and LSD-Fi protocols like unshETH are attempting to decentralize stake via token incentives. 5. Nexo - Highest stablecoin interest rates. Tether Gold (xAUt) You may have heard of Tether before. Our new native network, X1 is a Zero-Knowledge (ZK) Ethereum Layer 2 (L2) and is built with the Polygon Chain Development Kit (CDK) as part of a strategic collaboration between OKX and Polygon. Follow OKX Insights +1 226 798 4487 ©2023 OKX. Digital assets, including stablecoins, involve a high degree of risk, can fluctuate greatly, and can even become worthless. Stablecoins are one way to speed up payments, as are CBDCs. Popular Stablecoins for Staking. Negative reviews mention. Cake Defi. Connect and unlock your Ledger device. Other. The main utility for OKB is the discounts on the. 25% of this will be proportionately distributed to people staking usdc/busd LP tokens. If the price goes above $1, the algorithm will create new tokens, increasing the supply and dropping the price back down. For example, Polkadot has added support for stablecoins such as Tether (USDT) and USDC. Use this one-stop hub to manage investments in different DeFi protocols. Jumpstart. These accounts offer up to 300% APY for certain tokens. 5. 6% of that 8%. The yield provided varies over time based on a range of factors but currently sits at around 0. Several decentralized lending platforms, such as Compound. OKX is a global cryptocurrency exchange with over 20 million customers and over 340 available cryptocurrencies. OKC Explorer. Babelfish is the largest stablecoin deployed on RSK’s ecosystem, aggregating liquidity from different blockchain networks. MCO can be traded on one of the Crypto. 0 — Join the world's leading cryptocurrency exchange and crypto ecosystem. Staking for security and rewards. Locked post. Key metrics included the number of cryptocurrencies available to trade. asset holdings, including stablecoins, involve a high degree of risk, can fluctuate greatly, and can even become worthless. Your purchased USDT tokens will be deposited in your account almost instantly after completing your order. With OKX Copy Trading, you’ll be able to share your best trading strategies for a profit, or learn and copy trade with 600+ trading pairs from pro traders around the world. The Convert in Stablecoins for DAI and TUSD will start at 7:00 am UTC on Sep. A powerful DeFi platform that. View the latest crypto prices, volume, and data. Due to such price fluctuations, you. OKX. dollar. Toncoin trading volume in the last 24 hours is $ 51. In this example, we stake 0. Stablecoins help solve this problem, protecting against crypto’s volatility. Obviously one of it is the depegging risk. In the mobile app, click on the NFT. Earn more on USD Coin, Tether and other stablecoins with Bitcompare. Buy crypto. Staking provides earnings depending on how big your stake is. 340+ tokens including Stablecoins, Altcoins, Memecoins, Dogcoins, NFT coins and more. In a proof-of-stake system, investors who own the cryptocurrency can help validate transactions in. IMO you should take a look at E-money project, whose stablecoins don't follow fiat currencies prices blindly, and all of their stablecoins are interest-bearing, positive, and negative also. Singapore, September 7, 2023 -- OKX, a leading Web3 technology company and Primary Partner of the McLaren Formula 1 Team, today announced that it will host the OKX Race Club, a McLaren-themed fanzone for the Singapore Grand Prix from September 14-17, 2023. Here are platforms that allow you to stake stablecoins. View all USDC / USDT. Crypto. 89% for XTZ and more. OKX allows traders to buy cryptocurrencies with a bank account, card, or simply a digital wallet. Algorithmic stablecoins have been gaining a lot of traction lately, especially due to the DeFi boom and the resultant popularity of automated money markets and financial protocols built on blockchain technology. Q: How much can you make staking stablecoins? A: By locking up your holdings, you can access as much as 5 to 15% interest rate each year. OKX gets mixed feedback on consumer review sites. The yield is generated by lending the deposited USDC to borrowers who pay interest on the borrowed funds. OKC Explorer OKX Hackathon. Aave offers different yields and interest rates to lenders, but they typically range between 1% to 3%. View All Staking DeFi Stablecoins Lending Proof of Stake Masternodes. Crypto. Mr. com As the market's only Ethereum L2 with native yield for , Blast is the result of Blur's founder Tieshun Roquerre recognizing a need for a new L2 optimistic rollup solution with native yield. 31, which is a weighted average across 23 crypto exchanges. Origin Dollar (OUSD) – Earn Up To 14% on stablecoins. 5%. The new standard has captivated some crypto. Build. #2 — Origin Dollar (OUSD)The way algorithmic stablecoins work is that if the stablecoin drops from $1 to $0. With the right approach and caution, spot trading can be the. 24, 2023 (GLOBE NEWSWIRE) -- OKX, a leading Web3 technology company, has issued updates for November 24, 2023. bitcoin and crypto converter helps you calculate the exchange rate fo your digital assets with great ease. OKX etc, the only problem with doing that is the low APR but at least you. Journals View All Reviews Research Tutorials Interviews News. WAGMI is a counterparty available to trade with on the demo trading environment for Block Trading by OKX. It is necessary to lock your tokens, and lock periods range from 15 to 120 days, with the longer locks also coming with higher yields. Binance stands as our overall best platform for crypto staking. 23, 2022. Yaro on Ai and Tech Trends. The stablecoin yield, however, depends on how much of CRO tokens you lock to stake on Crypto. Heard about the 30% Apr on stablecoins and was really intrigued. 2-3704 (H), the County requires payment prior to processing your VFOIA request because the. So I've been thinking more about staking Stablecoins (lower risk) as an alternate method of generating. . Navigate to Accounts and click Add account. 0 staking from December 26-29, 2022, to receive a flash. You must select the locked deposits and have as much as possible of CRO tokens staked on their platform in order. OKX is a crypto and derivative exchange known for its high. Oracle Subgraph Testnet. In total, for my $100 investment, 97. This can also help pegged assets such as stablecoins and liquid staking derivatives keep their prices more stable, while liquidity providers can earn additional revenue, according to the press. Get a loan in 10-15 minutes. chriskevini • 3 yr. SAN FRANCISCO, July 19, 2023 - OKX, a leading Web3 technology. Stablecoins are cryptocurrencies that try to stabilize their value by linking them to an external reference. Code Ann. m. OKX currently supports over 300 crypto, but there are still some crypto that OKX doesn’t support. Investors have bridged over $30 million in ether and stablecoins to Blast, the latest Ethereum layer 2 network, just hours after the project went live late on Monday. 14% APR for staking is roughly . Other products include: trading bots, block trading, OKX Earn.