IOST x OK Pool | OK Pool Purchased 50 Million IOST and Joined As A Partner Node!

OK Pool Has Bought 50 Million IOST and Will Implement PoS Mining Service Based on IOST.

IOST
IOST
3 min readJun 24, 2019

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OK Pool, a service under OKEx Group, announced its participation in IOST as a partner node today. It has started a program to increase IOST possession while striving to support IOST ecosystem construction, include new coins that support POS mining, and release POS mining service based on IOST.

OK Pool Website: https://www.okex.me/pool

Meanwhile, OK Pool will strengthen cooperation with IOST in community building, asset management, ecosystem improvement. It works towards the fully integration in IOST ecosystem, assisting IOST development in PoS domain, providing competition advantages and mutually building blockchain ecosystem. The details and preliminary plan of this partnership are elaborated below.

Increase IOST Possession and Support Ecosystem Development

According OK Pool team, it has started a program to increase IOST possession while supporting IOST ecosystem construction in aspects like node services and community building.

This demonstrates OK Pool’s optimism towards IOST and will enhance market confidence. IOST believes that with the support of OK Pool, it will continue to develop rapidly in ecosystem construction, market expansion and community building.

Join IOST as a Partner and Enhance Community Consensus

Today, OK Pool officially joined IOST as a partner node, and will participate in IOST ecosystem governance and construction on behalf of IOST holders.

As a partner node, OK Pool is committed to contributing to IOST using its rich experiences in on-chain governance and node operations. It works towards community engagement improvement and mainnet expansion, in exchange for user growth, lower risk and community consensus enhancement.

In return, IOST’s various cryptocurrency adoption scenarios and quality user base will empower OK Pool to further optimize user experience and improve its influence.

IOST Lock-up Mining Service Implementation & Staking Economy Profits Sharing

Staking economy, emerging as the PoS gaining attention and popularity, is becoming a new blockchain boom in 2019 with multi-trillion-dollar market capitalization, attracting all mainstream institutions to participate. As the most unique project, IOST is winning recognition from an increasing number of PoS investors and pools.

IOST is excited to see yet another top pool — OK Pool in our ecosystem.

Powered by its world-leading digital asset platform OKEx, OK Pool provides its users with secure and transparent mining services supporting multi-coins. It is an innovative pool providing higher interests, which does not only support the traditional POW-based mainstream coins like BTC and LTC, but also strives to include new coins that support POS mining and release lock-up mining service based on IOST. This will channel more institutional and individual investors and keep more tokens in lock-up to enhance the prosperous IOST ecosystem.

Please stay tuned for more information about IOST lock-up and mining service in OK Pool!

Join The IOST Community!

The Foundation is excited about this partnership with OK Pool, which will improve IOST’s development in all aspects. IOST aims to work side by side with more partners to create the world’s first and largest scalable and decentralized blockchain project.

If you would like to hang out with the IOST community on chat, social media or to discuss product development, we have something for everyone:

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