OKX will launch the SOL liquid staking token OKSOL

ChainCatcher news, according to the official announcement, OKX will launch the SOL liquid staking token OKSOL on December 11, 2024, and open the OKSOL / SOL and OKSOL / USDT spot trading pairs, supporting OKSOL as a collateral asset.

It is reported that OKSOL is a liquid staking certificate for Solana developed by OKX, representing the SOL staked by users on the platform. By staking SOL, users receive OKSOL at a 1:1 ratio. Holding OKSOL allows users to enjoy native staking rewards and MEV rewards while maintaining asset liquidity. OKSOL can be used for collateral or trading, while the on-chain SOL remains staked. This provides a flexible solution for users who wish to participate in staking without losing liquidity.