OKX Ventures officially announces investment in Pencils Protocol

ChainCatcher news, OKX Ventures announced an investment in Pencils Protocol.

Pencils Protocol is currently the largest native DeFi project in the Scroll ecosystem, serving as a one-stop yield aggregator and auction platform based on Scroll, integrating features such as Launchpad, unified asset aggregation and distribution, and leveraged yield, aiming to maximize the utilization of users' assets.

Through its collaboration with Scroll, Pencils Protocol redefines Layer-2 solutions using zero-knowledge technology, focusing on scalable private dApp development and fair release principles, providing users with a rich on-chain asset service experience.