• OKX, a leading Web3 company, announced the proposal for a new protocol called BRC-30 which enables staking of BRC-20 tokens and Bitcoin in order to earn BRC-30 tokens.
• This protocol is open source and available for all developers to build upon.
• With the OKX Wallet soon to incorporate BRC-30 support, users will be able to access Bitcoin staking and earn opportunities across multiple-chains.
OKX Introduces Staking Protocol
SAN FRANCISCO, UNITED STATES, June 1st, 2023, Chainwire – OKX, a leading Web3 company, today introduced its proposal for a new open-source BRC-30 protocol that enables staking of BRC-20 tokens and Bitcoin in order to earn BRC-30 tokens.
Open Source Platform
The protocol is open source and available for all developers to build upon. OKX Wallet will add support for the standard according to this protocol enabling users to earn passive income by staking their digital assets without actively trading.
Earn Additional Income
This introduction of the BRC-30 standard is driven by OKX’s goal to provide users with additional opportunities to participate in the bitcoin ecosystem and earn passive income.
Leading Global Technology Company
OKX is a longstanding supporter of Bitcoin having integrated the Lightning Network over two years ago. As one of the world’s top technology companies they partner with Manchester City F.C., McLaren Formula 1, The Tribeca Festival as well as various athletes.
„System Needs A Rewrite“ Campaign
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As a leader building innovative technology products, OKX recently launched their global brand campaign entitled „The System Needs A Rewrite“ which promotes self managed tech as an alternative paradigm.