Copra, a marketplace for fixed-yield protocol debt, has announced integration with OKX Wallet, presenting new options for the rapidly growing OKX Wallet user community.
Decentralized finance protocols depend on Copra’s fixed-rate loans to raise liquidity to bootstrap their total value locked (TVL) and increase protocol revenue. The adoption of Copra’s novel offerings has made it possible for OKX Wallet users to effortlessly explore lending and borrowing options they could not previously reach.
One key benefit of this partnership is that lenders can earn fixed returns by providing funds to crypto projects. According to the announcement, these lending opportunities are secured by insurance-backed reserves, reducing the risk of losses or lack of funds. This allows OKX Wallet users to steadily earn returns with less worry about market volatility.
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