According to official news, OKX Web3 DeFi has recently launched interest rate increase activities in conjunction with many projects such as Vaultka and Sommelier. Participating users can enjoy the basic APR and also receive additional interest rate increase subsidies. Users can connect the wallet or create a new OKX Web3 wallet, and enter the DeFi page to search for Vaultka, Lido and Sommelier to participate in the event.
The rules of the Sommelier interest rate increase activity are that users pledge ETH to Lido to obtain stETH during the period from 6:00 pm on December 25, 2023 (UTC+8) to 6:00 pm on February 23, 2024 (UTC+8), and Staking stETH to Sommelier can enjoy an additional interest rate increase of up to 9% APR, with a total prize pool of 15.35 wstETH and 225,000 SOMM.
In addition, the rules of the Vaultka interest rate increase event are that users can choose and invest in multiple currencies from 6:00 pm on December 21, 2023 (UTC+8) to 6:00 pm on February 19, 2024 (UTC+8) LP USDC, LP USDC.e, LP ETH, LP ARB or LP WBTC investment products will receive an additional 11% interest rate subsidy, with a total prize pool of 1,000,000 esVKA.