OKExChain, the world’s first buying and selling chain created by famend crypto derivatives alternate and buying and selling platform OKEx has partnered with Cosmostation to present a safe staking atmosphere to its neighborhood. The newest partnership is amongst many OKExChain has entered because the ecosystem continues to register speedy development.
The enlargement of OKExChain is supported by many companions together with pockets suppliers, sensible contract auditors, DeFi dApp builders and blockchain safety specialists. Cosmostation is a well-liked enterprise-level validator supplier and end-use utility developer specializing in DeFi options. It will be seamlessly built-in with numerous proof-of-stake networks on Tendermint Engine and Cosmos SDK.
Announcing the partnership with Cosmostation, CEO of OKEx Jay Hao mentioned, “We’re extremely impressed with the work the OKExChain team has done so far in building out its ecosystem to make it as robust and user-friendly as possible. We’ve seen several major partnerships already this quarter and are thrilled to welcome Cosmostation as a trusted node operator on OKExChain. With its dedicated focus on trading, OKExChain is cementing its role as a serious contender in the DeFi economy.”
In the OKExChain ecosystem, Cosmostation shall be performing as a validator node to assist the staking course of. The integration comes as a welcome addition, enabling customers to earn rewards by staking the native OKT token. In addition to being a node validator, Cosmostation may even present numerous safe, user-friendly instruments like non-custodial internet and cell wallets and the extensively used Mintscan Block Explorer for Cosmos-SDK-based networks.
To present a flawless expertise for customers wanting to launch dApps and digital property on OKExChain, the platform has onboarded Chains Guard, Beosin, Certik, PeckShield, KnownSec and Chaitin as companions because the starting of this 12 months, with extra on its manner within the coming days. As a consequence, OKExChain is on the verge of making an industry-standard, extremely scalable open-source blockchain with a totally audited codebase that’s resistant to nearly all safety threats.
