OKEx Earn Now Supports Uniswap Liquidity Mining for Passive Income Generation
OKEx Earn, a collection of DeFi services offered by the global crypto spot and derivatives trading giant OKEx allows users to earn passive income from their crypto holdings. The Earn program offers a range of services with the potential to generate good returns over time while allowing users to hold on their crypto assets.
According to the platform, OKEx Earn is predominantly fueled by two services – OKEx Pool and OKEx Loans, which together offers six different ways for the users to earn passive income in cryptocurrencies through Savings, Term Deposits, Staking, C2C Loans, Earning DAI with MakerDAO and Liquidity Mining with DeFi Tokens.
As a successful offering, OKEx Earn continues to receive constant upgrades in the form of support for new tokens. The latest of such an addition is the introduction of Uniswap contracts for mining to OKEx Earn users. In a recent statement, OKEx announced that the integration of Uniswap Protocol to its Earn program officially went live on September 19, 2020.
Support for Uniswap mining on OKEx Earn closely follows the listing of UNI tokens two days prior on the exchange platform. Spot trading of UNI on OKEx went live on September 17 against USDT, ETH and BTC pairs. Other trading products supporting UNI include margin, swap trading, coin-margined perpetual swap and savings. Soon after getting listed on OKEx, the price of UNI exhibited a 270% increase to reach $3.70.
The Uniswap liquidity mining program is available only for four crypto pairs viz., ETH-USDT, ETH-USDC, ETH-DAI and ETH-WBTC. OKEx Earn also provides users with the flexibility to redeem at any time to unlock the staked assets within 24 hours and earn UNI bonus alongside.
Learn more about OKEx Earn at – https://www.okex.com/earn