OKX Adds Chiliz (CHZ) to On-Chain Earn Program
OKX, a prominent cryptocurrency exchange, has unveiled the integration of Chiliz (CHZ) into its On-chain Earn program. Starting from 13:00 UTC on June 20, 2024, users will have the opportunity to participate in CHZ staking on the platform, allowing them to earn rewards seamlessly through on-chain mechanisms.
How to Participate in CHZ Staking
To stake CHZ on OKX’s On-chain Earn, you can follow these straightforward steps:
- On a Browser: Navigate to the Grow section, choose Earn, and click on the On-chain Earn option. Look for CHZ and select subscribe.
- On the OKX App: Visit the Grow section, tap on Earn, then select On-chain Earn. Search for CHZ and subscribe to it.
Key Points to Note
When engaging in staking through OKX’s On-chain Earn program, it’s essential to keep the following considerations in mind:
- Users should thoroughly review and understand the specific rules of each staking project, including details like minimum redemption amount, interest accrual start time, reward distribution schedule, principal redemption period, and expected annualized earnings.
- OKX applies a certain fee percentage for using the On-chain Earn service, with detailed fee information available on the product introduction page.
- The platform disclaims responsibility for any disputes, hacking incidents, project fraud, or other risks leading to asset loss for subscribers, excluding issues related to project launch and reward distribution.
Upcoming Developments
Expressing appreciation for the ongoing support from its user community, OKX has hinted at introducing more On-chain Earn products in the near future. Users are encouraged to stay updated on forthcoming announcements and offerings from the platform.
For further details, you can refer to the official announcement on OKX’s website.
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