- OKX Wallet has announced two new integrations.
- The wallet tapped protocols in Avalanche and Ethereum.
- The integrations will enable users to access new services and maximize earning opportunities.
Web3 technology company OKX is entering 2024 with two new integrations meant to streamline services for wallet users across over 60 countries.
Following the launch of its BTC Ecosystem Carnival campaign on December 27, OKX Wallet has now integrated with Amulet DeFi and KelpDAO, according to two announcements made on Monday.
OKX Wallet Integrates with Amulet DeFi
In a press release dated January 1, OKX announced that its wallet is now integrated with Amulet DeFi, the first decentralized finance protocol on the Avalanche network. Amulet DeFi offers various services, including yield farming, liquidity staking derivates, and simplified portfolio management tools.
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With the integration, OKX wallet users can access “institutional-grade DeFi investment products” to maximize their earning opportunities, thanks to the protocol’s “built-in protection features for minimized risk.”
In addition to integration with Amulet DeFi, OKX tapped KelpDAO to introduce a liquid restaking solution for staked ETH (stETH).
Integration with KelpDAO
Per the statement issued on January 1, OKX wallet has integrated with the Ethereum-based decentralized protocol KelpDAO, allowing users to “boost stETH yields by up to 25%” through the DAO’s Kelp Miles rewards program.
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“By integrating KelpDAO, into the OKX Wallet, users now have a streamlined way to restake their idle stETH. This auto-compounds stETH rewards while still maintaining liquidity of the stETH tokens,” the statement read.
Notably, OKX wallet mentioned that its users could withdraw their ETH stake “at any time with no lock-up period.”
Read how OKX was recently hacked:
OKX Hacked for Over $400,000: Should You Be Worried?
Stay updated on OKX’s business moves in Brazil:
OKX Taps into Brazil’s Vast Potential with Exchange Launch
