AAVE v3 (Avalanche) - USDT and USDC & AVAX On-chain Earn rewards event phase 3
OKX will extend the additional AVAX rewards campaign for AAVE v3 (Avalanche) USDT and USDC On-chain Earn products.
About the campaign
From October 31, 2024, to November 30, 2024, enjoy shared additional AVAX rewards with OKX Wallet, with a reward pool of 1,600 AVAX for each product.
Rewards and distribution rules
USDC / USDT rewards: Users earn rewards by depositing base asset USDT/USDC into the protocol, which will be distributed along with the principal upon redemption.
sAVAX token rewards: OKX will redeem sAVAX for AVAX through the BENQI protocol and distribute it to users. Due to on-chain mechanisms, users will need to wait 17 days before receiving daily rewards in their funding accounts.
AVAX token rewards: Exclusive OKX rewards, distributed daily to users' funding accounts during the campaign period.
How to subscribe?
In On-chain Earn, search USDT/USDC
Select AAVE v3 (Avalanche)
For information about the previous campaigns, please refer to the announcement:
Phrase 1: https://www.okx.com/help/aave-v3-avalanche-usdt-and-usdc-on-chain-earn-product-and-additional-avax
Phrase 2: https://www.okx.com/zh-hans/help/on-chain-earn-aave-v3-avalanche-usdt-and-usdc-and-avax-rewards-event-phase-2
For more information on future campaigns, please stay tuned to the product page.
On-chain Earn highlights:
No subscription limits
Simplified operational steps resulting in a more fluid user experience
Real on-chain annualized earnings
Disclaimer
Regarding On-chain Earn products, as the Defi mechanisms for different projects may vary, it's important to carefully read and understand the mechanism rules for each project before subscribing. These rules include, but aren't limited to the minimum redemption amount, rewards accrual start time, reward distribution time, principal redemption period, and expected annualized earnings.
OKX will extract a certain percentage of fees from users. For detailed fee information, please refer to the product introduction page.
Except for project launch and reward distribution, OKX assumes no responsibility for disputes over any agreement, hacking incidents, project fraud, and other risks that may result in asset loss for the users.
Thank you for your continued support. We'll be launching more On-chain Earn products in the future. Stay tuned for more information.
OKX team
October 31, 2024