OKX Adds DAI Stablecoin to On-Chain Earn

Users can earn daily profit with the help of this addition by staking a minimum of 1 DAI and having an (APR) of approximately 5%.

OKX, the leading crypto exchange, added the DAI stablecoin to its On-Chain Earn product, enabling users to participate in the Proof-of-Srake staking and Defi protocols without paying gas fees.

📢 Introducing the DAI Savings Rate (DSR) service on #OKXEarn

✅ Earn on-chain rewards in $DAI from @MakerDAO with 0 gas fees
✅ Experience seamless operations
✅ Track your daily earnings in real-time

Maximize the potential of your DAI ⬇️
— OKX (@okx) September 14, 2023

Users can earn daily profit with the help of this addition by staking a minimum of 1 DAI and having an annual appreciation rate (APR) of approximately 5%*. The stake in DAI and its related interests can be traded at any time. The user’s Funding account will receive the redeemed funds.

The decentralized autonomous organization, MarkerDAO, maintains and regulates the DAI stablecoin on the Ethereum blockchain. OKX users can now take advantage of on-chain earnings opportunities through PoS staking and the DeFi protocol with the help of the new addition of DAI.

The infrastructure backing the OKX On-Chain Earn product is secure and reliable, and the participants do not have to pay any service fees or commissions for using PoS Staking or DeFi protocols. OKX only ties up with verified third-party projects for the protection of user’s assets.

Also Read: Circle and OKX Partners for USDC Features on Wallet, DEX Aggregator

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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