• OKX Wallet has proposed a new, open-source BRC-30 protocol that enables staking of BRC-20 tokens and Bitcoin.
• This protocol will allow users to earn passive income by staking their digital assets on Web3 Earn without actively trading.
• OKX is driving the future of Web3 with its comprehensive suite of products, including the OKX Wallet, NFT Marketplace, DEX and Web3 Earn.
Introduction of BRC-30 Protocol
OKX Wallet has proposed a new, open-source BRC-30 protocol that enables staking of BRC-20 tokens and Bitcoin in order to earn BRC-30 tokens. The protocol is open-source and available for all developers to build upon. The introduction of this protocol aims to provide users with additional opportunities to participate in the Bitcoin ecosystem and earn passive income.
OKX Wallet Support
OKX Wallet will add support for the BRC-30 standard according to the protocol, allowing users to earn passive income through staking their digital assets on Web3 Earn without actively trading. This adds an additional range of curated DeFi earning products already available through the platform.
Driving Future Development
As a leader building innovative technology products, OKX believes in challenging the status quo by driving the future of Web3 with its comprehensive suite of products such as the OKX Wallet, NFT Marketplace, DEX and Web3 Earn. The company recently launched a global brand campaign entitled ‘The System Needs A Rewrite’ which advocates for a new paradigm led by Web3 self managed tech.
Partnerships & Integration
OKX partners with numerous top brands and athletes around the world such as Manchester City F.C., McLaren Formula 1, The Tribeca Festival , golfer Ian Poulter , Olympian Scotty James , F1 driver Daniel Ricciardo etc., It also integrated Lightning Network into its centralized exchange two years ago and was also first multi chain wallet to support BRC 20 trading with launch if its Ordinals Marketplace .
Conclusion
In conclusion , OKX is continually pushing boundaries across multiple industries within cryptocurrency space . Through introduction if it’s pioneering technology along with partnerships it strives towards further evolution if blockchain industry .