SAN FRANCISCO, Aug. 08, 2023 (GLOBE NEWSWIRE) -- OKX, a leading Web3 technology company, has issued updates for August 8, 2023.
OKX Wallet now integrated with Bucket Protocol
The OKX Wallet web extension allows you to easily experience Bucket Protocol in just a few clicks. Bucket Protocol is a decentralized protocol enabling digital asset holders to optimize their capital efficiency without incurring unpredictable interest payments by leveraging their collateral.
Users deposit digital assets into a smart contract as collateral and establish a personal position, termed a "Bottle," to instantaneously access liquidity by minting a USD-pegged stablecoin, BUCK. Each Bottle is required to maintain a minimum collateralized ratio of 110%. BUCK holders can redeem their stablecoins for collateral at any time.
OKX Wallet is a universal crypto wallet available on multiple platforms and interfaces, including app, web and web extension. It enables users access to 3,000+ cryptocurrencies, 60+ networks, thousands of DApps and a one-stop decentralized NFT Marketplace.
OKX Wallet also announced that it became open source on July 18, 2023, and is one of the first wallets in Web3 with multi-chain account abstraction support.
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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 50 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.
• DEX: A cross-chain decentralized exchange which aggregates nearly 200 other DEXs, with 200,000+ coins on more than 10 blockchains available.
• 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 80 protocols across 15 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 replace existing centralized systems.
To learn more about OKX, download our app or visit: okx.com
Disclaimer
The information displayed is strictly for educational and informational purposes only. It does not constitute and shall not be considered as an offer, solicitation or recommendation, to deal in any products (including any NFT or otherwise), or as financial or investment advice. Both OKX Web3 Wallet and OKX NFT Marketplace are subject to separate terms of service at www.okx.com.
