Flash News: OKX Wallet now integrated with KelpDAO

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SINGAPORE, Jan. 01, 2024 (GLOBE NEWSWIRE) — OKX, a leading Web3 technology company, has issued updates for January 1, 2024.

OKX Wallet is now integrated with KelpDAO, an Ethereum-based decentralized protocol offering a liquid restaking solution for staked ETH (stETH). KelpDAO enables OKX Wallet users to boost stETH yields by up to 25% through its Kelp Miles rewards program.

By integrating KelpDAO, into the OKX Wallet, users now have a streamlined way to restake their idle stETH. This auto-compounds stETH rewards while still maintaining liquidity of the stETH tokens. Users can withdraw at any time with no lock-up period. The additional Kelp Miles rewards further maximize earning potential on ETH holdings.

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About OKX

A leading global technology company driving the future of Web3, OKX provides a comprehensive suite of products to meet the needs of beginners and experts alike, including:

  • OKX Wallet: The world’s most powerful, secure and versatile crypto wallet which gives users access to over 80 blockchains while allowing them to take custody of their own funds. The wallet includes MPC technology which allows users to easily recover access to their wallet independently, removing the need for traditional, ‘written down’ seed phrases. In addition, OKX Wallet’s account abstraction-powered Smart Account enables users to pay for transactions on multiple blockchains using USDC or USDT, and interact with multiple contracts via a single transaction.
  • DEX: A multi-chain, cross-chain decentralized exchange aggregator of 300+ other DEXs and approximately 15 bridges, with 200,000+ coins and more than 20 blockchains supported.
  • NFT Marketplace: A multi-chain, zero-fee NFT marketplace that gives users access to NFT listings across seven top-tier marketplaces including OpenSea, MagicEden, LooksRare and Blur.
  • Web3 DeFi: A powerful DeFi platform that supports earning and staking on about 70 protocols across more than 10 chains.

OKX partners with a number of the world’s 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.

As a leader building innovative technology products, OKX believes in challenging the status quo. The company recently launched a global brand campaign entitled, The System Needs a Rewrite, which advocates for a new paradigm led by Web3 self-managed technology.

To learn more about OKX, download our app or visit: okx.com

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