Dear OKX Users,
OKX is excited to announce the official launch of on-chain staking products for SOL and CORE, starting December 14, 2023, at 19:30 (UTC+8). These products simplify on-chain operations while helping you earn competitive annualized yields directly on the blockchain.
Key Features of On-Chain Staking Products
- No subscription limits: Participate with any amount.
- Streamlined process: Intuitive interface adhering strictly to blockchain mechanisms.
- Transparent rewards: Earn verifiable on-chain annualized yields.
Project Details
| Product | Type | Staked Asset | Reward Asset | Total Limit | Per User Limit | Minimum Stake | Unlock Period | Reward Distribution | Estimated APY |
|---|---|---|---|---|---|---|---|---|---|
| On-Chain Staking | Staking | SOL | SOL | Unlimited | Unlimited | 1 SOL | ~3 days | Every 3 days | 5%–8% |
| On-Chain Staking | Staking | CORE | CORE | Unlimited | Unlimited | 1 CORE | ~1 day | Daily | 22%–26% |
👉 Start staking SOL and CORE now
How to Participate
Web: Navigate to Finance > Earn > On-Chain Staking, then search for SOL or CORE.
App: Go to Finance > Earn > On-Chain Staking, then search for SOL or CORE.
Product Mechanism
Subscription and Rewards
Early subscription (before 11:00 UTC+8):
- CORE: Chains same day at 11:00 (UTC+8); rewards distributed daily.
- SOL: Chains same day at 11:00 (UTC+8); rewards distributed every 3 days after a 3-day lockup.
Late subscription (after 11:00 UTC+8):
- Assets chain the following day at 11:00 (UTC+8), with the same reward schedules.
Redemption
- SOL: Takes ~3 days to unlock; no rewards during redemption.
- CORE: Takes ~1 day to unlock; no rewards during redemption.
👉 Learn more about staking mechanics
Note:
- Review each project’s PoS mechanism (e.g., minimum stake, lockup periods) before participating.
- OKX charges a 1% fee on SOL staking and 3% on CORE staking. Details are available on the product page.
Risk Disclosure
OKX provides platform services only and is not liable for losses due to smart contract risks, hacking, or project failures.
We’re committed to delivering exceptional products and services!
OKX Team
December 14, 2023
FAQ
What is the minimum stake for SOL/CORE staking?
- SOL: 1 SOL
- CORE: 1 CORE
How often are rewards distributed?
- SOL: Every 3 days
- CORE: Daily
Can I redeem my assets early?
Yes, but rewards are prorated based on actual staking days and paid on the scheduled distribution date.