Flash News: Okx Wallet Now Integrated With Frax Finance, A Decentralized Stablecoin Protocol


(MENAFN- GlobeNewsWire - Nasdaq) SINGAPORE, Aug. 22, 2023 (GLOBE NEWSWIRE) -- okx , a leading Web3 technology company, has issued updates for the day of August 21, 2023.

OKX Wallet Now Integrated with Frax Finance, a Decentralized Stablecoin Protocol

okx wallet has integrated with frax finance , a decentralized stablecoin protocol. With this integration, users can access Frax Finance's solutions via both web extension and discover :

  • Fraxswap: An automated market maker (AMM) with an embedded time-weighted average market maker (TWAMM) for conducting large trades over long periods of time trustlessly.
  • Fraxlend: A trustless, permissionless and non-custodial lending platform that provides lending markets between any two ERC-20 tokens.
  • Fraxferry: A permissionless, non-custodial and secure method to transfer natively issued Frax Protocol tokens across many blockchains without requiring bridges or third-party applications.

OKX also listed the protocol's Frax Share (FXS) token on its centralized exchange on july 6, 2023 , enabling users to trade FXS against USDT - and vice versa - via the FXS/USDT spot pair.

OKX Wallet is a universal crypto wallet available on multiple platforms and interfaces, including app, web and web extension. It enables users access to 3,000+ cryptocurrencies, 60+ networks, thousands of DApps and a one-stop decentralized NFT Marketplace.

For more information, please visit the support center .

MENAFN22082023004107003653ID1106909678


GlobeNewsWire - Nasdaq

Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.

Newsletter