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

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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