The OKX cryptocurrency exchange is holding a special event between May 8 and June 7, 2023. The OKX Wallet x TUSD Boosted Yields Campaign allows users to earn extra yield on their TUSD stablecoin deposits in the OKX Web3 Wallet.
How to earn from $30,000 TUSD prize pool on OKX?
Through the event, OKX will distribute a total of 30,000 TUSD in bonus rewards to users. Here’s how you can participate and earn a share of the prize pool:
- Download the OKX app (make sure to update the app if you already have it)
- Create an OKX Web3 Wallet
- Go to OKX Web3 Earn
- Deposit TUSD to AAVE V2
- Start earning bonus TUSD rewards
Earn extra TUSD rewards on OKX
The OKX Web3 Earn platform provides opportunities to earn yield using decentralized finance protocols on the blockchain. The TUSD Boosted Yields Campaign utilizes the AAVE V2 TUSD product, which uses the Aave lending protocol.
If you are interested in more detailed information about the event, including how bonus rewards will be distributed, make sure to check out the official OKX website.
What is the OKX Web3 Wallet?
The OKX Web3 Wallet is a cryptocurrency wallet that supports more than 50 blockchain networks, including Bitcoin, Ethereum, BNB Chain, Solana, Arbitrum, Dogecoin and many other leading chains.
Importantly, the OKX Web3 Wallet is a non-custodial wallet, which means that users are in charge of managing and securing their private keys. However, the wallet is integrated with products offered by the OKX exchange for a smoother user experience.
The OKX wallet provides a crypto swapping feature that allows users to swap between different tokens across more than 100 decentralized exchanges on over 10 different blockchains. The wallet also gives users easy access to opportunities to earn yield in DeFi through various protocols like Aave, Lido and APE Stake.
The wallet is available in three formats: a web dashboard, a mobile app, and a browser extension.
Source: https://coincodex.com/article/27535/earn-from-30000-tusd-prize-pool-on-okx/