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OKEx Lists 6 DeFi Tokens, Renames OKChain & Continues Jumpstart Mining
The OKEx Weekly Update gives an overview of promotions, contests, listings and discussions organized each week.
This week at OKEx, we kicked off our second OKEx Jumpstart liquidity-mining project, Realio Network, and registered over 150 million OKB in total staked value since the successful launch. Meanwhile, OKExChain saw eight new upgrades after its renaming, while OKEx Earn added Curve and YFII products for users to earn passive income.
Our DeFi ecosystem also welcomed six new tokens this week, including UNI, DHT, CNTM, WING, FRONT and WBTC alongside coin-margined perpetual swaps for YFII and SUN.
Additionally, we implemented another stop order optimization, and a new wave of DeFi trading contests and promotions is underway. Lastly, don't forget to check out our YouTube channel for the new OKExDeFiScoop series and revisit our last DeFi Talk with the core members of YFII.
Second Jumpstart Mining — Realio Network (RIO)
We kicked off our second Jumpstart Mining initiative with Realio Network (RIO), a distributed ledger network designed for regulatory compliance in decentralized ecosystems, and it opened with a 13.75x sale price.
OKChain renamed to OKExChain
OKChain, the open-source public blockchain developed by OKEx, has been officially renamed to OKExChain. Apart from breakthroughs in many areas, including transactions per second, on-chain governance and cross-chain mechanisms, OKExChain has eight key features, as shown below.
Curve & YFII: New additions to OKEx Earn
Stop order preset optimization for TP/SL
We implemented a new stop order optimization on OKEx, allowing users to preset stop-loss and/or take-profit conditions as they open a new position. Learn how stop orders work.
OKEx DeFi Carnival
A series of DeFi contests are coming exclusively to our official Telegram group. In Season 1, participants share a prize pool of $3,000 as they learn about DeFi, while Season 2 involves a deposit and trading challenge for a shared prize pool of $25,000. Sign up for the contests and learn more.
OKEx Mid-Autumn Celebration
We are kicking off the OKEx Mid-Autumn Celebration to share more than 40,000 USDT in OKB, TRX, HDAO, BTM and BTT. Several trading events will be held during the promotion period, and the first one, with TRON (TRX), is now underway. Sign up for the TRON event and learn more about the promotion schedule and details.
Uniswap Trading Event
Simply deposit or trade UNI to join our Uniswap Protocol listing celebration and share a prize pool of 100,000 USDT.
OKEx TGIF: Thank God It's Flying!
Vote for the token that you think may outperform others between Sept. 19 and 20 and share a prize pool of up to $100. Join this event on our Telegram group.
India DeFi Carnival: P2P DeFi Raffle Draw (Round 2)
New Listings this week
OKEx listed six new DeFi tokens this week, including UNI, DHT, CNTM, WING, FRONT and WBTC alongside coin-margined perpetual swaps for YFII and SUN.
We have listed Uniswap spot trading alongside UNI margin trading, savings, USDT-margined perpetual swap and coin-margined perpetual swap on OKEx. You can now start trading UNI with zero trading fees and up to 75x leverage.
A one-stop location for managing investment activities on the Ethereum blockchain, dHedge is where you can put your capital to work using different strategies based on performance records. View the listing details and start trading.
Join the deposit promotion until 10:00 am UTC on Sept. 21 to win $20 DHT and share a prize pool of $10,000 DHT.
Connectome is an AI-based robo-advisor platform that lets you evaluate decentralized financial derivatives and liquidity mining, and features a one-click robo-advisor and smart customer service. Learn more about the listing.
Wing has designed and is building a DeFi platform dedicated to the digital asset lending market, supporting cross-chain collaborative interactions between various DeFi products. Wing's decentralized governance model and risk-control mechanism intend to promote a mutually beneficial relationship between borrowers, creditors and guarantors. View the listing details and start trading.
Frontier is a chain-agnostic DeFi aggregation layer. Frontierʼs core mission is to bring the essential pieces of DeFi to users across whichever platforms they prefer. To date, Frontier has added support for DeFi on Ethereum, BandChain, Kava and Harmony. With Frontier applications, users can participate in protocol tracking and management, staking, best-rate asset swapping, liquidity provision, CDP creation and monitoring, and more. Learn about the listing and start trading.
Wrapped Bitcoin (WBTC)
WBTC brings greater liquidity to the Ethereum ecosystem, including decentralized exchanges (DEXs) and financial applications. WBTC makes it possible to use Bitcoin for token trades by standardizing Bitcoin to the ERC-20 format and creating smart contracts. View listing details and start trading.
YFII & SUN Coin-margined Perpetuals
Coin-margined perpetual swaps for YFII and SUN are live from 11:00 am UTC on Sept. 17, and users can start trading them with up to 75x leverage. View the listing details.
OKEx at Events
Past Event: OKExDeFiScoop Series
Our new #OKExDeFiScoop series on YouTube is designed to become the go-to destination for all things #DeFi.
In episode one, we invited Evan Kereiakes, the Asia Ecosystem Growth Lead at Celo Labs, to explain the foundation of the Celo platform, its mobile-first approach and its global alliance of over 100 partners that are working with the common mission of achieving financial inclusion. Subscribe to our YouTube channel and check out the full episode.
In episode two, we have Nick Martitsch, Business Development Associate at Compound Finance, talking about the company's current ecosystem, exciting things at Compound and OKEx, and how the project is breaking down barriers to mainstream adoption. Check out the full episode.
OKEx DeFi Roundtable 9: YFII
In the OKEx DeFi Roundtable 9, titled "IYO Revolution: The Innovative DeFi Farm Field," our CEO, Jay Hao, spoke with the core members of the YFII community discussing topics like security audits in DeFi and DeFi in China.
Subscribe to our official YouTube channel for this and other episodes from our OKExDeFi Roundtable series.
Upcoming Event: OKExDeFi AMA Series with Bounce Token (BOT)
On Sept. 22, we will talk to Chandler Song, the co-initiator of Bounce Token, on our official Telegram channel. Join us from 6:00 am UTC for the live discussion about this DAO for Financial Auctions and Settlements.
Disclaimer: This material should not be taken as the basis for making investment decisions, nor be construed as a recommendation to engage in investment transactions. Trading digital assets involves significant risk and can result in the loss of your invested capital. You should ensure that you fully understand the risk involved and take into consideration your level of experience, investment objectives and seek independent financial advice if necessary.
Telegram group (English): https://t.me/OKExOfficial_English
Telegram group (Russian): https://t.me/okexofficial_ru