OKX Web3 DeFi launches Compound reward program, with a total prize pool of 100,000 ARB

ChainCatcher news, according to official sources, OKX Web3 DeFi has reached a deep cooperation with Compound and the Arbitrum Foundation, and is now jointly launching the Compound reward program. From July 1, 2014, to July 15, 2014, users can choose the Compound V3 protocol in the OKX Web3 DeFi section and invest USDC on the Arbitrum network to share a reward pool of 100,000 ARB.

It is reported that Compound is a permissionless DeFi lending protocol, through which lenders can earn interest on their lent assets, while borrowers can borrow assets against collateral. OKX Web3 DeFi is an industry-leading one-stop on-chain investment platform that supports users in one-click cross-coin investments, automatic yield calculations, and various convenient operations, making it easy for users to quickly and accurately find investment products that meet their unique needs, improving capital utilization while saving on Gas, making DeFi investment simpler.