Cointime

Cointime

Download App
iOS & Android

Aura Finance & OKX Web3 Wallet Cooperation

Cointime Official

1. Cooperation:

• OKX Discover has supported Aura Finance, so users can enter Aura Dapp through the Discover product in OKX Wallet.

• Today Aura Finance successfully integrated OKX Wallet web extension on their website/product.

• OKX Earn has integrated Aura Finance, so users can invest in Aura through the Earn product in OKX Wallet.

2. Aura Finance Background:

• Web: https://app.aura.finance/

• Reputation: https://defillama.com/protocol/aura (TVL $830M, Ranking #19)

• Intro:

Aura Finance is a protocol built on top of the Balancer system to provide maximum incentives to Balancer liquidity providers and BAL stakers (into veBAL) through social aggregation of BAL deposits and Aura’s native token.

For BAL stakers, Aura provides a seamless onboarding process to veBAL, by creating a tokenised wrapper token called auraBAL that represents the 80/20 BPT locked up for the maximum time in VotingEscrow (read more about what this means). This can be staked to receive existing rewards (BAL and bbaUSD) from Balancer, in addition to a share of any BAL earned by Aura (read more about the fees), and additional AURA. This minting process is irreversible . However, users can trade their auraBAL back to BAL through an incentivised liquidity pool.

For Liquidity providers, Aura abstracts complexity of depositing into the Balancer gauge system, providing a smooth onboarding process to all Balancer gauge deposits. Aura allows depositors to achieve a high boost through the protocol owned veBAL while also accumulating additional AURA rewards.

The AURA token acts as a governance and incentivisation tool within the ecosystem. Locked AURA tokens will have governance rights in the system and will be able to vote using the protocol owned veBAL voting power as well as on internal proposals.

3. OKX Web3 Product Background:

• Web: https://www.okx.com/web3

• Intro:

About OKX Wallet

OKX Wallet stands as a versatile, all-encompassing crypto wallet designed for multiple platforms. It grants users effortless access to the expansive Web3 ecosystem, which includes a plethora of tokens and dApps across more than 60 chains and roll-ups. As a self-custodial and decentralized wallet solution, users maintain full control over their private keys and digital assets.

Embodying a truly multi-chain wallet, OKX Wallet accommodates both EVM and non-EVM chains. With continuous support for emerging chains, users can effortlessly interact with dApps across various chains without the need for manual RPC input or switching wallets.

Seamless entry via OKX Wallet

For Swap products, OKX Wallet has seamlessly integrated with OKX DEX, a leading swap aggregator, to offer users free trading by connecting with a vast liquidity pool spanning over 30 chains. OKX DEX expertly caters to market demands for cross-chain token transfers, optimizing user outcomes through our cutting-edge split-route algorithm that selects the ideal LP and route to minimize slippage and network fees. The X Routing algorithm ensures accurate quote comparisons by considering LPs across chains, taking into account prices, slippage, and network fees, and pinpointing the optimal trading route. OKX Wallet envisions OKX DEX as a catalyst for bringing substantial TVL into the thriving web3 ecosystem.

Regarding DeFi Farming products, OKX introduces Yield on OKX Wallet, delivering a comprehensive one-stop investment aggregation platform for users. Yield is a sophisticated module integrated within OKX Wallet, designed to make DeFi participation effortless, accessible, and secure, while promoting asset growth. OKX Web3 Yield effectively breaks down barriers to web3 entry, and will persistently uncover high-quality on-chain investment opportunities, providing web3 customers with an ever-expanding array of investment products, seamless investment experiences, and in-depth asset data analysis.

For NFTs, OKX Wallet has partnered with OKX NFT Marketplace, a decentralized platform operating across 20+ major chains and roll-ups. This collaboration presents users with a unified NFT solution for dApps and a wealth of NFT trading opportunities and tools. NFT Launchpad, the exclusive issuing platform of OKX NFT Marketplace, features carefully selected projects offering fully decentralized and equal opportunities, granting users early access at preferential prices. OKX Wallet eagerly invites renowned projects, distinguished artists, and celebrities to issue NFT assets on-chain via OKX NFT Marketplace, ensuring users enjoy agile, rapid, secure, and scalable NFT trading.

Lastly, the OKX Discover Portal offers insights and access to over 10,000 third-party DApps, covering an extensive array of DeFi applications, engaging crypto games, and innovative social platforms. These DApps harness blockchain technology and digital assets to create captivating and dynamic gaming experiences, facilitate seamless financial transactions, and foster meaningful connections within decentralized communities.

Web3
Comments

All Comments

Recommended for you

  • Experts: The Strait of Hormuz 'Will Never' Return to Pre-War Status

    Ali Akbar Dareini, a researcher at the Iranian Strategic Studies Center, stated that Iran and Oman are about to reach an agreement on the future management of the Strait of Hormuz, with the main obstacle being U.S. pressure on Oman to adopt a position more aligned with Washington. Dareini emphasized that Iran considers future control of the strait crucial for its national security. In recent months, the U.S. has conducted strikes against Iran, which Iran claims were launched from bases in the region. Dareini noted that the ongoing negotiations between Iran and Oman present the U.S. with a 'good opportunity to extricate itself from this quagmire' by recognizing Iran and Oman as the countries that will determine the 'future' of the Strait of Hormuz. 'However, the Strait of Hormuz will never return to its pre-war status,' he continued. 'The geopolitical landscape of the region has changed.'

  • Iran: Negotiations with Oman Unrelated to Reopening of Strait of Hormuz

    On August 8, a spokesperson for the Islamic Revolutionary Guard Corps of Iran stated that the reopening of the Strait of Hormuz is unrelated to negotiations between Iran and Oman, but rather depends on whether the United States fully accepts Iran's conditions and ceases interference in regional negotiations. "Once the United States accepts Iran's conditions, the Strait will undoubtedly reopen." (CCTV News)

  • Whale Shorting $102 Million in Bitcoin Faces Partial Liquidation, Remaining Liquidation Price Around $65,300

    On August 8, TheDataNerd reported that a whale using 40x leverage to short $102 million in Bitcoin recently faced partial liquidation, incurring a loss of $1.46 million over the past week. Currently, the margin call has reduced the short position to approximately $60 million, with an opening price of $64,212.5 and a liquidation price of $65,310.2.

  • BTC Falls Below $65,000

    Market data shows BTC has fallen below $65,000, currently reported at $64,999.23, with a 24-hour increase of 1.01%. Market volatility is high, please exercise risk control.

  • Hedge Fund AISituational Awareness's Mysterious $400 Million Investment Targets Chip Startup Source Foundry

    On August 8, sources revealed that the hedge fund Situational Awareness, managed by former OpenAI researcher Leopold Aschenbrenner, made a mysterious $400 million investment in the chip manufacturing startup Source Foundry just days after facing imminent collapse. Previously, Bloomberg reported that the hedge fund invested in a private company backed by Sequoia Capital, but did not disclose the name of the specific company. The Wall Street Journal had earlier reported that the recipient of the investment was Source Foundry, unveiling the target of this mysterious funding deployment by Situational Awareness.

  • US Spot Bitcoin ETF Sees $101.79M Net Inflow Yesterday

    On August 8, according to Trader T's monitoring, US spot bitcoin ETFs saw a net inflow of $101.79 million yesterday.

  • US Official: Ukraine Agrees to Avoid Strikes on Non-Russian Tankers and Black Sea Oil Facilities

    On August 8, according to a US official, Ukraine has agreed not to target certain non-Russian tankers and Black Sea infrastructure vital to Kazakhstan's crude oil exports. This follows ship attacks last month that caused loading disruptions. The US official said Ukraine has set up contact points so commercial shipping companies can communicate information and ensure safe passage. The commitment was reached after meetings between senior US government leaders and Ukrainian leadership, marking a potentially significant step toward increasing regional oil shipments. Previously, activity in the region had cooled significantly due to several recent attacks near the Caspian Pipeline Consortium terminal in Russia's Novorossiysk. (Jin Shi)

  • U.S. July Nonfarm Payrolls Fall by 23,000, Missing Market Expectations

    On August 7, U.S. nonfarm payrolls decreased by 23,000 in July, compared with market expectations of an increase of 80,000, and the previous value was an increase of 57,000.

  • US May and June Nonfarm Payroll Additions Revised Down by 103,000 Combined

    On August 7, the US Bureau of Labor Statistics: May nonfarm payroll additions were revised down from 129,000 to 63,000; June nonfarm payroll additions were revised down from 57,000 to 20,000. After the revisions, the combined additions for May and June were 103,000 lower than previously reported.

  • Web3 data and AI company Validation Cloud completes $10 million in new round of financing

     Web3 data and AI company Validation Cloud announced a $10 million financing round from True Global Ventures. The company plans to use the funds to expand its AI products and achieve seamless access to Web3 data.

Daily Must-Read

Popular Activities

RaveDAO at Terra Solis by Tomorrowland: A Female-Led Techno Night Where Web3 Culture Converges

RaveDAO at Terra Solis by Tomorrowland: A Female-Led Techno Night Where Web3 Culture Converges

April 30 - April 30
Dubai

Popular Tags

Cointime
News
Contents
RSS
Company