OKX Web3 DeFi joins Vaultka and Sommelier to launch interest rate activities
ChainCatcher news, recently OKX Web3 DeFi has launched interest rate activities in collaboration with many advantageous projects such as Vaultka and Sommelier. Participating users can enjoy a base APR while also receiving additional interest subsidies. Users can connect their wallets or create a new OKX Web3 wallet, and enter the DeFi page to search for Vaultka, Lido, and Sommelier to participate in the activities.
The rules for the Sommelier interest rate activity are that users can stake ETH to Lido to obtain stETH, and then stake stETH to Sommelier from 6:00 PM (UTC+8) on December 25, 2023, to 6:00 PM (UTC+8) on February 23, 2024, to enjoy an additional interest rate of up to 9% APR, with a total prize pool of 15.35 $wstETH and 225,000 $SOMM.
In addition, the rules for the Vaultka interest rate activity are that users can choose and invest in multi-coin earning LPs such as LP USDC, LP USDC.e, LP ETH, LP ARB, or LP WBTC from 6:00 PM (UTC+8) on December 21, 2023, to 6:00 PM (UTC+8) on February 19, 2024, to receive an additional 11% interest subsidy, with a total prize pool of 1,000,000 $esVKA.