OKX has introduced a new on-chain earn product for CHZ (Chiliz), simplifying the process of earning yield directly on the blockchain. This product offers a seamless way to generate passive income while adhering to the native mechanisms of the Chiliz network.
Key Features of the CHZ On-Chain Earn Product
- No Subscription Limit: Users can stake any amount of CHZ without restrictions.
- Streamlined On-Chain Operations: Simplified steps for easy participation.
- Transparent Earnings: Real-time visibility into annual percentage yield (APY).
👉 Discover how to maximize your crypto earnings with OKX
How to Participate
Web Platform
- Navigate to Finance > Earn > On-Chain Earn.
- Search for CHZ and select the staking option.
Mobile App
- Go to Finance > Earn > On-Chain Earn.
- Locate CHZ and proceed with staking.
Important Considerations
Project-Specific Rules: Different PoS (Proof-of-Stake) chains have unique mechanisms. Review details like:
- Minimum redemption amounts
- Reward distribution timelines
- Estimated APY
- Fee Structure: OKX applies a small service fee, outlined on the product page.
Risk Disclaimer: OKX facilitates yield distribution but is not liable for:
- Smart contract vulnerabilities
- Project failures or exit scams
FAQs
What is on-chain earn?
On-chain earn allows users to stake tokens directly on a blockchain network, earning rewards through staking or liquidity provision.
How is APY calculated?
APY reflects projected earnings based on current network rewards, factoring in compounding effects.
Is there a lock-up period?
Lock-up terms vary by project. Check the CHZ product page for specifics.
Can I unstake anytime?
Some chains impose unbonding periods. Verify CHZ’s rules before staking.
Are rewards auto-compounded?
This depends on the protocol. OKX displays whether rewards are reinvested or distributed separately.
👉 Start staking CHZ today on OKX
OKX remains committed to delivering innovative financial products, ensuring a secure and user-friendly experience for crypto enthusiasts worldwide.