OKX launches AAVE v3 (Avalanche) USDT and USDC on chain coin earning activities

According to official announcements, OKX officially launched AAVE v3 (Avalanche) USDT and USDC on chain coin earning activities on September 25, 2024 at 18:00 (UTC+8). During the activity, basic returns and AVAX token rewards can be obtained by depositing USDT/USDC. Users can search for USDT/USDC products on the OKX chain and select AAVE v3 (Avalanche) to participate in subscription.

It is reported that users earn rewards by depositing underlying assets into the agreement, and the rewards will be distributed together with the user's redemption of the principal. SAVAX will be redeemed into AVAX through the BENQI protocol and distributed to users. Due to on chain mechanisms, users need to wait for 17 days before receiving daily rewards in their fund accounts. AVAX token rewards will be distributed daily to users' fund accounts during the event period.

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