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Exchanges

OKX Introduces DYDX Subscriptions on On-chain Earn for Seamless On-Chain Rewards

NBTCBy NBTC24/05/2024No Comments2 Mins Read

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OKX launches DYDX subscriptions on its On-chain Earn platform, starting from today. This move aims to provide users with effortless access to on-chain rewards.

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The introduction of DYDX subscriptions on On-chain Earn brings forth several key features:

No Subscription Limits: Users can stake DYDX tokens without encountering any subscription constraints, enabling greater flexibility in participation.
Simplified Operational Steps: OKX has prioritized user experience by implementing simplified operational procedures, ensuring a hassle-free staking process.
Real On-chain Annualized Earnings: Participants can look forward to tangible annualized earnings through their staked DYDX tokens on the On-chain Earn platform.

To engage with DYDX on On-chain Earn, users are directed to follow straightforward steps:

On Browser: Navigate to the Navigation bar > Grow > Earn > On-chain Earn, search for DYDX, and select subscribe.
On the OKX App: Access Grow > Earn > On-chain Earn within the app, search for DYDX, and proceed with the subscription process.

However, users are advised to exercise diligence and thoroughly comprehend the rules governing On-chain Earn products for each project. These rules encompass critical aspects such as minimum redemption amounts, interest accrual start times, reward distribution schedules, principal redemption periods, and anticipated annualized earnings.

Additionally, OKX will deduct a certain percentage of fees from users participating in On-chain Earn products. For detailed fee information, users are advised to consult the product introduction page.

While OKX facilitates the launch and reward distribution of On-chain Earn products, it does not assume responsibility for disputes arising from agreements, hacking incidents, project fraud, or other risks resulting in asset loss for subscribers.

The OKX team expresses gratitude for the continued support of its users and promises to unveil more On-chain Earn products in the coming weeks. Stay tuned for further updates and information.

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(Blockster’s disclaimer: The content of this article is for informational purposes only and should not be construed as financial advice. Please conduct your own research and consult with a financial advisor before making any investment decisions.)

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