The post Nexton Joins Forces with Okratech to Expand DeFi Staking, Yield Farming to Web3 Communities appeared on BitcoinEthereumNews.com. Nexton, a liquid stakingThe post Nexton Joins Forces with Okratech to Expand DeFi Staking, Yield Farming to Web3 Communities appeared on BitcoinEthereumNews.com. Nexton, a liquid staking

Nexton Joins Forces with Okratech to Expand DeFi Staking, Yield Farming to Web3 Communities

3 min read

Nexton, a liquid staking arbitrage platform that aims to maximize and optimize customer benefits, today announced a strategic collaboration with Okratech, a decentralized multifaceted ecosystem that not only connects consumers and freelancers but also combines various Web2 and Web3 products. This partnership introduces native support of Nexton into Okratech’s Web3 ecosystem, an integration that allows Okratech’s users to seamlessly access Nexton’s network of staking and arbitrage products just right inside their mobile wallets. By bringing its staking and arbitrage services to Okratech’s ecosystem of multiple Web2 and Web3 products, Nexton widens its network reach and blockchain interoperability, giving its customers an advanced experience.

Nexton is a staking and arbitrage platform built on the TON blockchain that offers various DeFi services, including staking of TON tokens, nxTON lending and liquidity provision, and automated yield strategies. Launched in 2023, the South Korean-based decentralized platform provides global customers with liquid staking tokens that can be utilized in different DeFi platforms. Its arbitrage function allows users to capitalize on price differences and incentivized liquidity pools where they can stake tokens and earn interest on their crypto holdings.

Okratech And Nexton Collaborate to Widen Network and Product Accessibility

Using this partnership, Nexton leverages Okratech’s massive Web3 community to increase customer adoption of its staking arbitrage services and advance its network’s accessibility.

Okratech is a decentralized blockchain network that enables the connection between consumers and freelancers, allowing them to access a comprehensive variety of Web2 and Web3 tools, and runs a seamless digital hub that integrates traditional and decentralized applications. Okratech’s ecosystem contains three key components: OrtJob (a decentralized freelancing platform), OrtWeb3 tools (a broad variety of tools designed to connect Web2 people-focused to Web3 communities), and a Web3 App Store. By leveraging DeFi principles, Okratech provides Web3 users with an enhanced experience and offers them efficient interconnectivity through its native ORT token.

With the collaboration above, Okratech’s audience of international customers can now access and utilize Nexton’s staking and arbitrage offerings, a move that helps Nexton expand the adoption and usage of its platform. At the same time, the integration also means that Nexton now provides its users with seamless access to Okratech’s comprehensive suite of Web2 and Web3 solutions, including various DApps, DeFi assets, and products.

Unlocking Liquidity Through Web3 Cross-Chain Movements

The alliance between Okratech and Nexton showcases the commitment of the two platforms towards embracing cross-chain interoperability, an important integration for the growth and maturation of the Web3 landscape. By converting their respective networks into an interoperable ecosystem where people can manage their assets and applications in a virtual multi-chain space, Okratech and Nexton broaden the accessibility of their platforms and resolve challenges facing their customers.  

Source: https://blockchainreporter.net/nexton-joins-forces-with-okratech-to-expand-defi-staking-yield-farming-to-web3-communities/

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