OKX Web3 Integrates Shui Finance, Enables CFX Token Rewards

OKX Web3 integrates Shui Finance's wallet, allowing users to earn CFX rewards in their OKX Wallet. The partnership enhances the platform's ecosystem, with Shui Finance's IDO launch on Swappi DEX and collaborations with EAST Blue, Zeta Markets, and others. Despite positive community sentiment, CFX's price has declined, reflecting a wider market trend.

OKX Web3 Integrates Shui Finance Wallet, Enabling CFX Rewards

In a significant move, OKX Web3 has integrated the wallet functionality of Shui Finance into its platform, empowering users to seamlessly earn rewards in their OKX Wallet. This integration is deeply intertwined with the Conflux Network, as evidenced by the rewards being issued in CFX, the network's native token.

Market Sentiment Remains Mixed

While the community has welcomed the integration with enthusiasm, the sentiment has yet to fully translate into a surge in the value of CFX. At the time of writing, the token had dipped by 1.67% in the past 24 hours, trading at $0.3652. This reflected a broader downward trend, with a 23.67% decline over the previous week. However, it is worth noting the token's encouraging 19.49% surge in the past 30 days.

Shui Finance Announces IDO Launch

Concurrently with the OKX Web3 integration, Shui Finance has announced the launch of an IDO for claims, commencing at 4 p.m. HKT on April 3, 2024, via the Swappi DEX. Participants can access the platform and claim SHUI tokens directly into their accounts by clicking on "Claim Token." The transaction is automated through a smart contract, which processes the token distribution once the "Claim" button is activated. Users are advised to ensure sufficient gas in their wallets prior to initiating the transaction.

Partnerships Flourish for Shui Finance

Shui Finance's collaboration with OKX Web3 builds upon a series of strategic partnerships, including its alliance with EAST Blue, a liquid staking protocol. This partnership, supported by Conflux Network, provides users with access to Shui Finance's SHUI campaign through EAST Blue's website.

OKX Web3 Expands Web3 Horizons

OKX Web3 has consistently expanded its offering, recently adding SHUI to its Discover Tab, allowing users to directly access the token through their native wallet. The platform is further enriching its ecosystem through collaborations with Zeta Markets, Arkreen Network, Injective, and others.

Cryptopedia Season 15 Open for Registration

In line with its commitment to Web3 education and engagement, OKX Web3 is hosting Cryptopedia Season 15 in collaboration with zkLink. Interested individuals can register for the event's 15th installment and complete a series of tasks to qualify for $300 in ZKL tokens. Cryptopedia can be accessed via the OKX Wallet, by navigating to "Discover" and entering "Cryptopedia."

Vibrant Ecosystem Grows Exponentially

Over the past week, OKX Web3 has welcomed an impressive influx of 14 new projects into its ecosystem, including SteakHut, Bitcoin Virtual Machine, Revoswap, Alaya AI, and Cards Ahoy. This expansion not only strengthens the platform's ecosystem but also empowers users to explore Web3 through a user-friendly and secure wallet environment.

Future Collaborations Promise Greater Rewards

The partnership between Shui Finance and OKX Web3 signals a mutually beneficial collaboration that holds significant potential for the future. OKX Wallet will simplify the process for users to receive CFX rewards and engage in staking activities on Shui Finance, while Shui Finance will leverage the integration to enhance its market presence and potentially attract a wider user base.