OKX Wallet Announces Partnership with BendDAO

SAN FRANCISCO, June 15, 2023 (GLOBE NEWSWIRE) — OKX, the second-largest crypto platform by buying and selling quantity and a number one Web3 know-how firm, has issued updates for the day of June 15, 2023.

OKX Wallet Announces Partnership with BendDAO for NFT Liquidity

OKX Wallet is proud to announce that it has partnered with BendDAO, a number one NFT lending protocol constructed on Ethereum with USD$160 million complete worth locked (TVL).

As a part of the partnership, BendDAO has built-in OKX Wallet’s internet extension on their web site. As well as, customers can entry BendDAO’s on-chain NFT lending resolution via OKX Wallet’s Uncover platform, which is a gateway that gathers many widespread DeFi initiatives, blockchain video games, DEXs, NFTs and supplementary instruments. To be taught extra about OKX Wallet’s Uncover platform, click here.

This collaboration additionally offers customers seamless entry to the next options:

On the spot NFT-backed loansCollateral listingsNFT down paymentsUp to 40% of the ground worth of a list earlier than it even sells, in addition to the flexibility to buy listings with a minimal down fee of 60%

This partnership between BendDAO and OKX Wallet is predicted to offer a lift to the NFT liquidity area, additional selling the expansion of the Web3 ecosystem.

OKX Wallet Collaborates with Petobots and Bitstar Struggle to Deliver Extra GameFi Initiatives to Customers

OKX Wallet is proud to announce that it has partnered with two GameFi initiatives: Petobots and Bitstar Struggle. Each initiatives are actually built-in with OKX Wallet, with extra capabilities to come back.

Petobots is an NFT-based recreation that permits gamers to construct their very own robots and compete in opposition to different gamers in a digital enviornment. Bitstar Struggle, then again, is a GameFi venture that permits gamers to gather and commerce digital spaceships in a futuristic universe. It claims to be the primary interstellar-themed blockchain recreation impressed by Bitcoin mining.

This partnership announcement follows the current addition of Bounce Finance – a decentralized platform for preliminary DEX choices (IDOs) and auctions – to OKX Wallet’s Web3 learn-to-earn platform, Cryptopedia.

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About OKX

A number one international know-how firm driving the way forward for Web3, OKX offers a complete suite of merchandise to fulfill the wants of newbies and specialists alike, together with the OKX Wallet, NFT Market and DEX.

OKX companions with quite a few the world’s prime manufacturers and athletes, together with: English Premier League champions Manchester Metropolis F.C., McLaren Formulation 1, The Tribeca Pageant, golfer Ian Poulter, Olympian Scotty James, and F1 driver Daniel Ricciardo.

As a frontrunner constructing modern know-how merchandise, OKX believes in difficult the established order. The corporate not too long ago launched a worldwide model marketing campaign entitled, The System Needs a Rewrite, which advocates for a brand new paradigm led by Web3 self-managed know-how to exchange present centralized techniques.

To be taught extra about OKX, obtain our app or go to: 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, OR HOLD DIGITAL ASSETS. DIGITAL ASSETS, INCLUDING STABLECOINS, INVOLVE A HIGH DEGREE OF RISK, CAN FLUCTUATE GREATLY, AND CAN EVEN BECOME WORTHLESS. OKX IS NOT REGULATED BY THE FCA, THUS, PROTECTIONS SUCH AS THE FINANCIAL OMBUDSMAN SERVICE OR FINANCIAL SERVICES COMPENSATION SCHEME WILL NOT BE AVAILABLE. YOU SHOULD CONSIDER WHETHER YOU UNDERSTAND HOW CRYPTO WORKS AND WHETHER TRADING OR HOLDING DIGITAL ASSETS IS SUITABLE FOR YOU IN LIGHT OF YOUR FINANCIAL CONDITION. THE VALUE OF YOUR DIGITAL ASSETS, INCLUDING STABLECOINS, CAN INCREASE OR DECREASE AND PROFITS MAY BE SUBJECT TO CAPITAL GAINS TAX. PAST PERFORMANCE DOES NOT INDICATE FUTURE RESULTS. OKX IS NOT ASSOCIATED WITH ANY PARTICULAR DEFI PROTOCOL, MAKES NO WARRANTIES, REPRESENTATIONS OR UNDERTAKINGS RELATING TO ANY DEFI PROTOCOL’S OFFERINGS, AND IS NOT RESPONSIBLE OR LIABLE FOR ANY DIRECT OR INDIRECT LOSS OR OTHER DAMAGE ARISING FROM YOUR USE OF ANY DEFI PROTOCOL. OKX WALLET IS AN AGGREGATOR; ALL DISPLAYED ESTIMATED RETURN RATES ARE PROVIDED BY THE DEFI PROTOCOL, AND ARE NOT GUARANTEED NOR INDICATIVE OF FUTURE RETURNS. PLEASE CONDUCT YOUR OWN DUE DILIGENCE BEFORE INVESTING IN ANY DEFI PROTOCOL. PLEASE CONSULT YOUR LEGAL/TAX/INVESTMENT PROFESSIONAL FOR QUESTIONS ABOUT YOUR SPECIFIC CIRCUMSTANCES.

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