OKX Announces Fresh Platform And Partnerships; OKB Reveals No Fundamental Stoop

OKX Announces Fresh Platform And Partnerships; OKB Reveals No Fundamental Stoop

OKX Wallet has launched the open of its novel platform, Cryptopedia, and its partnership with protocols, Sleek and Marinade. This announcement would attain following extensive discussions about the waning affect of Binancethe realm’s greatest cryptocurrency alternate.

OKX Launches Cryptopedia; Partners With Sleek And Marinade

In a GlobeNewswire press release dated Would possibly thirteenth, 2023, OKX Wallet disclosed the open of Cryptopedia, a Web3 learn-to-compose and airdrop platform. This novel platform targets to abet users with out peril determine and entry Web3 projects and dApps. Cryptopedia might well also allow users to release additional airdrops and create additional rewards.

The first Cryptopedia scenario, which is centered on the zkSync theme, affords users with the opportunity to receive zkSync airdrops and other connected airdrops. Customers might well also enjoy the likelihood to amass non-fungible tokens collectively created by OKX Wallet and zkSync.

zkSync is a Layer-2 scaling resolution designed to bolster transaction velocity and cut again word on the Ethereum network. Because the determine suggests, this protocol is according to the zero-files (zk) idea.

In the click release, OKX Wallet also launched its partnership with two protocols, particularly Sleek and Marinade. Its collaboration with Sleek, a decentralized lending protocol native to Arbitrum and BNB Chain, will allow users to entry Sleek’s lending carrier by process of the OKX Wallet toddle-in and Sight platform.

With Sleek, users are ready to borrow a diversity of digital sources across multiple chains in opposition to their enjoy sources on one chain.

Marinade, on the different hand, is a non-custodial liquid staking derivatives (LSD) protocol on the Solana network. Corresponding to Sleek, this partnership will facilitate users’ entry to Marinade’s liquidity staking carrier by process of the OKX Wallet toddle-in and Sight platform.

OKB Reveals No Fundamental Designate Stoop

The OKB coin is the utility token of the OKX ecosystem. From trading rate discounts to passive profits, there are a few advantages that holders of this token derive to revel in. And it looks that the growth of the OKX ecosystem has some links to OKB word.

That acknowledged, it is miles a bit too early to declare what the affect of these partnerships will be on the value of OKB. Moreover, there changed into no indispensable word motion within the OKB marketplace for the rationale that announcement changed into made.

A broader peep at word action finds that the OKB market has been transferring sideways within the last few weeks. Essentially based mostly on files from CoinGeckothe token’s word dipped by a measly 2.1% within the past seven days. As of this writing, an OKB coin adjustments arms at $44.82, tallying most efficient a 2.6% word upward push within the final 24 hours.

OKBUSD trading at $44.821 | Source: OKBUSD chart from TradingView

-Featured image from GetBlock.receive, chart from TradingView

Opeyemi Sule

Opeyemi is a proficient journalist and convey creator at NewsBTC, with an avid interest in cryptocurrency, blockchain skills, and Web3. As an astute analyst, Opeyemi covers files on doubtlessly the most modern traits, actions, events within the crypto market. With a alive to computer screen for detail and profound working out of the crypto condominium, he delivers insightful analysis and animated stories to various target market of investors, merchants, and enthusiasts.Opeyemi boasts an intensive background and deep skills in convey writing. Moreover his expert work at NewsBTC, he also curates properly-written items for various crypto media sites, at the side of Bitcoinist, Chain Debrief, and Coinmash.When Opeyemi is no longer clicking away at his keyboard, he might well presumably presumably be paying attention to music from his multi-genre playlist or watching his favorite soccer team. He might well be genuinely drawn to politics, social problems, and interior blueprint.You might well well presumably well presumably apply Opeyemi on Twitter at @fwOpeyemi or on LinkedIn at Opeyemi Sule.