‘Secure staking is need of the hour’: OKEx

OKExChain has partnered with Cosmostation to give a secure staking environment to its community
  • OKEx has partnered with Cosmostation to offer secure staking
  • Wallet providers, smart contracts, auditors, DeFi dApp developers and blockchain security specialists are giving their full support to the OKExChain
  • Cosmostation will act as a validator node to support the staking process in the OKExChain ecosystem

OKExChain ecosystem of OKEx has partnered with Cosmostation to give a secure staking environment to its community. The company earlier to Cosmostation has partnered with many other companies to improve its ecosystem and register rapid growth.

OKEx, one of the well known derivative exchange and trading platform has created OKExChain, the world’s first trading chain. OKEx has joined hands with Cosmostation to give a secure staking environment to its community. This new partnership comes with many other partnerships that OKExchain has done earlier because the company’s ecosystem continues to register rapid growth. 

OKEx to get full support from the community

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The expansion has been supported by many partners of OKExChain. Wallet providers, smart contracts, auditors, DeFi dApp developers and blockchain security specialists are giving their full support to the OKExChain. Cosmostation is an enterprise-level validator provider and end-use application developer specializing in DeFi solutions. The solutions can be integrated into energy-efficient networks on Tendermint Engine and Cosmos SDK. 

Jay Hao, CEO OKEx, while talking about the partnership with Cosmostation said that he is proud of his team of OKExChain in building an ecosystem to make it as robust and user friendly as possible. In the current quarter, the company has partnered with many other important companies as a plan for its expansion program. OKEx is happy to get associated with Cosmostation as a trusted node operator on OKExChain and welcomes on board with open arms. OKExChain is trying to establish its role as a serious contender in the DeFi economy. 

Cosmostation will support as a validator node

Cosmostation will act as a validator node to support the staking process in the OKExChain ecosystem. The integration will help users to earn rewards by staking the OKT token. Apart from being a node validator, Cosmostation will also provide various secure, user-friendly tools like non-custodial web and mobile wallets and the widely used Mintscan Block explorer for Cosmos SDK based networks. 

The users will get a seamless experience on the platforms dApps and Digital assets on OKExChain. The platform has on boarded Chains Guard, Beosin, Certik, PeckShield, KnownSec and Chaitin as partners since the beginning of this year. The company plans to add more companies to its portfolio. 

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Andrew Smithhttp://thecoinrepublic.com
Andrew is a blockchain developer from his education and developed his interest in the cryptocurrencies while his post-graduation. He is a keen observer of details and shares his passion for writing along with being a developer.

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