Waves Protocol
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Waves Protocol

Waves and OKExChain announce partnership

The creation of a cross-chain DeFi ecosystem and developer-friendly tools will be the main focus of collaboration between the two projects.

We are thrilled to partner up with OKExChain, a public blockchain independently developed by leading global digital asset exchange OKEx.

Waves and OKExChain share similar design philosophies and development plans that facilitate future synergies.

To achieve deeper inter-chain connectivity, the partnership involves the Waves, Gravity and Neutrino protocols, spanning several major areas.

Connecting OKExChain to more public blockchains

The Gravity protocol, a blockchain-agnostic oracle system and a cross-chain infrastructure powered by Waves, will connect OKExChain with other public blockchains in its network.

Building a cross-chain DeFi ecosystem

As the core component of Waves’ cross-chain ecosystem, the Gravity protocol will enable OKExChain to transfer assets across multiple blockchains.

To build a cross-chain DeFi ecosystem, OKExChain will be able to connect public blockchains like Ethereum, TRON, Solana and Waves via SuSy, a cross-chain gateway built on top of the Gravity protocol. Assets issued by OKExChain users will also be listed on decentralized exchanges, such as Waves.Exchange.

Enabling cross-chain asset transfer

Assets in the Waves ecosystem, such as WAVES, USDN, NSBT and other tokens, could be used and listed on decentralized exchanges and swaps built with OKExChain.

This will also be achieved via Gravity protocol’s cross-chain gateway, enabling traders and developers from both ecosystems to exchange, hold and use tokens issued on the Waves protocol and OKExChain alike.

Providing developer-friendly tools

Gravity can provide decentralized oracle services for OKExChain’s users. In addition, OKT, OKExChain’s native token, can be used to provide economic incentives for Gravity users. For OKExChain developers, the Gravity protocol provides a handful of off-chain information that helps them develop multi-functional applications.

About OKEx

OKEx is an innovative cryptocurrency exchange with advanced financial services. Relying on blockchain technology to provide everything users need for wise trading and investment, OKEx serves millions of users in over 100 countries. Its BTC futures trading volume is $1.5 billion daily. Apart from futures, OKEx provides spot, margin, options and perpetual swaps, DeFi, lending and mining services.

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Waves is an open blockchain protocol and development toolset for Web 3.0 applications and decentralized solutions, aiming to raise security, reliability and speed of IT systems. It enables anyone to build their apps, fostering mass adoption of blockchain.

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Waves Tech

Waves Tech

Waves Tech is a powerful blockchain-agnostic ecosystem focused on inter-chain DeFi, the embodiment of technological freedom for blockchain-based finance.

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