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Cryptocurrency News Articles
OKX Integrates Web3 Wallet with JUICE DeFi App
May 05, 2024 at 01:12 am
OKX, a Web3 technology company, announced an integration between its Web3 Wallet and JUICE, a cross-margin DeFi application built on Blast ecosystem's Layer 2 infrastructure. With this integration, users can access JUICE's features including lending, borrowing, and farming vaults, unlocking opportunities for passive income and leverage. The integration is available through the OKX Wallet web extension, allowing users to connect their OKX Wallet to JUICE and utilize its DeFi services.
OKX Announces Integration of Web3 Wallet with JUICE DeFi Application
Singapore, May 4, 2024 - OKX, a pioneering Web3 technology company, has announced significant updates for May 3, 2024.
Integration with JUICE
OKX has integrated its Web3 Wallet with JUICE, a cross-margin DeFi application built on the Blast ecosystem's Layer 2 infrastructure. This integration grants eligible web extension users of the OKX Wallet access to JUICE's robust suite of features, including:
- Lending: Users can earn passive APY by providing USDB or WETH liquidity through JUICE's Lend page. This process eliminates impermanent loss, requires no active management, and continuously accrues JUICE points.
- Borrowing: Users can access up to 3x leverage by collateralizing WETH or an LRT on the Borrowers page. Once deposited, collateralized funds can be borrowed against and deposited into integrated DeFi vaults to generate yields, rewards, and points.
- Farming Vaults: Borrowed USDB or WETH can be deposited into JUICE Vaults, which integrate with DeFi protocols such as Thruster, Hyperlock, Wasabi, and Particle to offer maximized yields. JUICE ensures that all yields, rewards, and points are distributed to users.
Access and Availability
To access JUICE, users can download the OKX Wallet web extension for Chrome or Firefox, create or add an existing OKX Wallet, and connect it to JUICE via the web extension.
Detailed instructions and support documentation are available on the OKX Support Center.
About OKX
OKX is a leading global technology company that is shaping the future of Web3. The company offers a comprehensive suite of products and services designed to cater to the needs of both novice and experienced users in the Web3 ecosystem.
For more information about OKX, download the mobile app or visit the official website: okx.com.
Media Contact:
OKX
[email protected]
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