The LSDFi protocol Lybra Finance is now integrated with the OKX Web3 wallet

2023-10-09 13:55:13

Collection

ChainCatcher news reports that, according to the official website, Lybra Finance has now integrated with the OKX Web3 wallet. Users can mint the stablecoin eUSD by collateralizing ETH, stETH, rETH, wstETH, etc., through the OKX Web3 wallet plugin, earn LBR tokens, stake LBR, and share protocol revenue, LP rewards, and more. Lybra Finance is an LSDFi stablecoin protocol, and its main business model is to mint the stablecoin eUSD by collateralizing ETH or stETH, achieving yield on the stablecoin through the repurchase of eUSD with the earnings from LSD.

It is reported that the OKX Web3 wallet is a one-stop Web3 entry point, now supporting over 70 public chains, covering five major sectors: wallets, DEX, DeFi, NFT markets, and DApp exploration. It also supports the Ordinals market, MPC and AA smart contract wallets, gas exchange, hardware wallet connections, and provides users with a convenient and secure experience. (Source link)

Related tags

LSDFi Lybra OKX Web3 Wallet

ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.