News
OKX Wallet now supports Hyperlock Finance
SINGAPORE, June 8, 2024 (GLOBE NEWSWIRE) – OKXa leading Web3 technology company, has published updates for June 8, 2024.
OKX Wallet now supports Hyperlock Finance
OKX Wallet is pleased to announce that it has added support for Financial hyperblock, a yield and meta-governance protocol built natively for the Blast ecosystem and on top of the Thruster DEX. This integration allows the OKX Web3 community to seamlessly interact with Hyperlock’s unique offerings, opening up new opportunities to increase yields and improve liquidity provision.
Hyperlock Finance operates as a meta-governance protocol, yield enhancer, and liquidity marketplace built on top of Thruster. By introducing a VE token system (veTHRUST), Hyperlock consolidates veTHRUST and redistributes its value, allowing protocols to bootstrap the liquidity and utility of their tokens, while also allowing liquidity providers to earn increased yields.
The integration of Hyperlock Finance with OKX Wallet brings several important benefits to OKX users. They can now access increased yields as liquidity providers, control THRUST and HYPER issuances as Hyper Stakers, and earn a share of protocol fees as Thrust Lockers. This integration allows OKX Wallet users to participate in the vibrant Blast ecosystem, capitalize on pioneering a new chain, and leverage advanced liquidity strategies through concentrated liquidity meters.
OKX Wallet remains committed to expanding its support for innovative DeFi protocols and emerging ecosystems, providing its users with a comprehensive and easy-to-use Web3 experience.
For more information, visit the OKX Support Center.
For more information, please contact:
Media@okx.com
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