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Bitcoin Exchange OKX Announces Listing of Solana Staking Token! Here Are the Details

Crypto exchange OKX has announced the launch of OKSOL, a Solana liquid staking token, in December 2024. OKSOL allows users to stake SOL and receive OKSOL at a 1:1 ratio, providing staking rewards and MEV rewards while maintaining liquidity. OKSOL can be used for various purposes such as buying, selling, collateral, and redemption. The token is designed with a focus on asset security and is planned to have a quick redemption feature in the future. In addition, OKX plans to incorporate OKSOL into structured products and lending and collateral scenarios. Two spot trading pairs will be available: OKSOL/USDT and OKSOL/SOL.

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