CORE
by BSCN
March 10, 2023
Core DAO partners with OKX to expand ecosystem growth and equip builders. Further, the decentralized blockchain is now supported by leading DeFi TVL tracker, DefiLlama.
Core DAO has announced its strategic partnership with OKX, a leading exchange in the blockchain industry. The collaboration will promote Core’s ecosystem growth and improve its accessibility for users.
The development comes after Core DAO’s integration into the OKX Web3 wallet in February, allowing users to enjoy the blockchain’s capabilities. The partnership will expand OKX’s product integration by connecting with Core communities, securing staking deals, enhancing Core dApps compatibility, and more.
Perhaps, the most important aspect of the partnership is its benefit for Core builders. According to Core DAO’s publication, OKX will collaborate with top protocols building on the network, and give them the necessary exposure and resources to scale in the industry.
“OKX will collaborate with some of the top project integrations on the Core network. Through these partnerships, DeFi projects such as DEXs and lending protocols can access a broader set of resources. GameFi, SocialFi, and NFT projects can also benefit from potential partnerships with OKX,” the blog read.
As part of the collaboration, $CORE staking is now active via subscription on the top exchange. Users can earn up to 56.80% Annual Percentage Yield (APY) for 30 days. Visit the OKX staking page to learn more.
DefiLlama now supports the growing Core DAO ecosystem. The platform, which is the largest Total Value Locked (TVL) aggregator across numerous networks in the Decentralized Finance (DeFi) space, has added the Layer-1 blockchain to its ecosystem.
Users can now monitor DeFi protocols built on the Core network through DefiLlama’s TVL aggregator.
Currently, the platform tracks five Core-based Decentralized Exchanges (DEX), including IceCreamSwap, ShadowSwap, and LFGSwap. More will be added for users as the network continues to expand.
Core DAO is the official decentralized organization developing the Satoshi Plus ecosystem. It represents an opportunity for miners to access new revenue streams by contributing hash power to the chain. Inspired by the principles of both blockchains, Core displays a deep appreciation for the crypto ecosystem's history and an even greater excitement for Core’s role in its future.
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