Expansion of On-Chain Earn Program
OKX, a leading cryptocurrency exchange, has expanded its On-Chain Earn program to include opportunities for users to earn rewards through Proof-of-Stake (PoS) staking and DeFi products. The exchange has specifically added Solana (SOL) and Core (CORE) to its offerings.
Staking Options and APR
Users can stake SOL and CORE to earn an Annual Percentage Rate (APR). Solana offers an APR of 5-8%, while Core offers 22-26%. To participate, you can visit the “Grow” section on the OKX website or app.
Impact on Solana’s Price
Following the announcement, Solana’s price has significantly increased. In just one day, it rose by 5% and surpassed $75. Over the past month, it has seen a rise of 30%, and since the beginning of 2023, it has surged by an impressive 650%.
The leading cryptocurrency exchange, OKX, has announced the expansion of its On-Chain Earn program. This program now allows users to earn rewards through Proof-of-Stake (PoS) staking and DeFi products. Two digital assets, Solana (SOL) and Core (CORE), have been included in this offering.
To participate in the program, you can stake SOL or CORE and earn an Annual Percentage Rate (APR). Solana offers an APR of 5-8%, while Core offers a higher rate of 22-26%. Simply go to the “Grow” section on the OKX website or app to get started.
The news of OKX’s expansion has had a positive impact on Solana’s price. Within a day, the price increased by 5% and surpassed $75. Over the past month, it has seen a rise of 30%, and since the beginning of 2023, it has surged by an impressive 650%.
Hot Take: OKX Expands On-Chain Earn Program, Offering Staking Rewards for SOL and CORE
OKX’s expansion of its On-Chain Earn program to include Solana (SOL) and Core (CORE) presents exciting opportunities for crypto enthusiasts. By staking these assets, you can earn attractive Annual Percentage Rates (APR). With Solana offering an APR of 5-8% and Core offering 22-26%, it’s a chance to grow your crypto holdings. The impact on Solana’s price has been significant, with a 5% increase in just one day and impressive gains over the past month and year. This move by OKX demonstrates the growing popularity of staking and DeFi products in the crypto space.
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