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Are yield farms really dead? 💀
Are there lush green fields where people could put their money to work for them? 🌲🌲🌲
Let's dive into @OKCNetwork's recently launched liquid staking product 👇
Are there lush green fields where people could put their money to work for them? 🌲🌲🌲
Let's dive into @OKCNetwork's recently launched liquid staking product 👇
First, what is @OKCNetwork (OKX Chain)?
🔹 An EVM- and IBC-compatible L1 built on @cosmos and is backed by @okx. It is:
🔸 Interoperable
🔸 Has high performance
🔸 Is scalable with low gas fees
💪 The blockchain is powered by the #OKT Token
🔹 An EVM- and IBC-compatible L1 built on @cosmos and is backed by @okx. It is:
🔸 Interoperable
🔸 Has high performance
🔸 Is scalable with low gas fees
💪 The blockchain is powered by the #OKT Token
The #OKT token is...
🔹 A hard-capped, scarce asset that is used to pay gas fees
🔹 Secures the #blockchain through dPoS staking
🔹 Has a similar halving model like #BTC
🔹 Staking generates rewards for users 💰
However...
🔹 A hard-capped, scarce asset that is used to pay gas fees
🔹 Secures the #blockchain through dPoS staking
🔹 Has a similar halving model like #BTC
🔹 Staking generates rewards for users 💰
However...
