autofarm.network
Published in

autofarm.network

Autofarm Integrates with OKExChain!

Autofarm x OKExChain

Autofarm is proud and humbled to be deploying on OKExChain, thereby officially joining the booming OKEx ecosystem as a yield aggregator!

Following Autofarm’s integration with Moonriver less than a week ago, we are excited to be bringing users yet another new chain integration on the platform, enabling more rewards to be optimally compounded for even greater returns!

Integrating with OKExChain marks the 7th chain that Autofarm is auto-compounding yields on, taking us even closer to our goal of being a leading multi-chain yield aggregator and full suite DeFi platform with cross-chain capabilities.

About OKEx

There is no doubt that OKEx is a familiar name to regular crypto users in the space. As one of the world’s leading cryptocurrency exchanges, OKEx boasts more than 20 million traders on their platform that supports an array of trading products from spot to derivatives markets for global crypto traders, miners and institutional investors. Their public, permissionless and decentralised blockchain — OKExChain, was launched early this year and already has over 1.6 million wallets and 57 million transactions under its belt.

OKExChain’s Landscape

Entering the OKEx ecosystem

By deploying our best-in-class yield optimising strategies on OKExChain, Autofarm will be able to tap on OKEx’s burgeoning user base and ecosystem to drive even further growth and development on both platforms.

New Vaults

To kick off the integration, we’re excited to be introducing 45 new vaults from leading DEXes on OKExChain — CherrySwap, JSwap and BXH that have a combined TVL of USD $500 million!

CherrySwap

  • CHE
  • CHE-WOKT
  • CHE-USDT
  • CHE-BTCK
  • CHE-ETHK
  • USDT-UNIK
  • USDT-ETCK
  • USDT-WOKT
  • USDT-ETHK
  • USDT-OKB
  • USDT-BCHK
  • USDT-LTCK
  • USDT-TRXK
  • USDT-USDC
  • BTCK-ETHK
  • USDT-TPT
  • DAIK-USDC
  • USDK-OKB
  • USDT-Blade
  • USDT-BabyDoge
  • WOKT-OKB

JSwap

  • USDT-JF
  • USDT-ETHK
  • USDT-BTCK
  • USDT-OKB
  • USDT-WOKT
  • USDT-FLUXK
  • USDT-TPT
  • USDT-FILK
  • USDT-LTCK
  • USDT-NULS
  • WOKT-OKB
  • USDT-USDC
  • USDT-UNIK
  • USDT-DOTK
  • USDT-DAIK
  • USDT-USDK
  • USDT-XRPK
  • USDT-SUSHIK

BXH

  • USDT-BXH
  • WOKT-BXH
  • USDT-WOKT
  • USDT-BTCK
  • USDT-ETHK
  • BTCK-ETHK

Vault Fee Structure

  • Controller Fee: 0.4%
  • Platform Fee: 0.5%
  • Vault Fee (Revenue shared with BSC single $AUTO vault): 2.5%
  • Deposit Fee: <0.1% on initial capital (One-off)
  • Withdrawal Fee: 0.0%

Additional details on vault fee structure can be found over here.

More to come

The Autofarm team has worked closely with OKEx to make this integration a huge success and will continue to collaborate hand in hand to uncover new synergies and opportunities that provide dual benefits to both ecosystems. As a leading yield aggregator in the DeFi space, Autofarm is thrilled to be joining hands with OKEx to bring users even greater value and utility for their crypto assets. We can’t wait for all that’s in store in the near term!

--

--

--

Autofarm is a chain-agnostic, yield aggregating DeFi protocol with three key product offerings; a yield optimizer (vault service), DEX aggregator and an intelligent portfolio manager. Autofarm’s vision is to continuously innovate, expand and grow the Autofarm brand and protocol.

Recommended from Medium

The Swap Is Over! PengolinCoin (PGO) Is Now Proof of Stake (PoS)!

Are Stepn (GMT)and Terra (LUNA) a good Investment in May?

What is AML (Anti Money Laundering)?

Crodo.io News Digest 09.05–15.05.2022

Verge(XVG)? How to Buy Verge In India?

Top 5 Advices for Cryptocurrency Investors

Ethereum 2.0: The Future of Ethereum

Building Blocks: Cryptocurrency, Community, and Change

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
autofarm.network

autofarm.network

One-stop DeFi hub with hyper-optimised cross-chain DEX & yield aggregators on 14 EVM-compatible chains

More from Medium

What is an Automated Market Maker (AMM) and why is it important in Defi?

DeFi: Defying the Normal

The Rabbit Hole #6🕳

How to Play the Crypto Current Bull Market