DeFi
OKX Improves DeFi Ecosystem Through Partnership with Geode Finance
OKX Wallet has announced its integration with Geode Finance, a pioneering decentralized protocol for staking solutions on the Ethereum blockchain.
According to New versionThe OKX wallet will allow users to access Geode’s advanced staking library in staking pools of their choice. Geode Finance also enhances security and yield-bearing assets with a staking model that provides stability and the possibility of increased accessibility to fiat currencies.
In another report, OKX Wallet also partnered with Copraa marketplace specializing in fixed-yield debt. This partnership introduces new lending and credit options to OKX Wallet’s growing user base.
Copra’s fixed-rate loans to DeFi protocols support the funding of critical working capital, which in turn increases the total value locked (TVL) and revenue of DeFi protocols. Users can now engage in fixed-yield loans, backed by insurance reserves to mitigate the risks of market volatility.
Read also : OKX Wallet Integrates with ChainGPT and AITECH