The leading cryptocurrency exchange – OKX – disclosed the expansion of its On-Chain Earn program which enables users the opportunity to earn rewards for their participation in Proof-of-Stake (PoS) staking and DeFi products.
Specifically, the company included two digital assets in the offering – Solana (SOL) and Core (CORE).
Clients are now allowed to stake the aforementioned coins and earn an Annual Percentage Rate (APR). Those willing to take advantage of the offering should select the “Grow” section on the OKX website or application and subscribe for SOL or CORE.
Users dealing with Solana can earn an APR of 5-8%, while these picking Core can receive 22-26%.
SOL’s price has headed north shortly after the OKX announcement, charting a 5% increase on a daily basis and surpassing the $75 mark. Moreover, the asset has surged approximately 30% in the past month and a whopping 650% since the beginning of 2023.
