Dear OKX Users:
To commemorate OKX's 6th anniversary and enhance OKB's market liquidity, we're launching the "Yield Carnival" event through our smart yield farming contract. Participants can deposit cryptocurrencies into our DeFi yield farming contract, where funds will be utilized for:
- Automated market making
- Risk-free grid trading strategies
- Generating stable yields
Participants will automatically receive returns between 8%-10% on their ETH deposits, distributed in OKB tokens through our advanced smart contract technology.
How OKB Connects OKX With Users Worldwide
OKB serves as the global utility token of the OKX ecosystem, offering holders exclusive platform benefits and access to our growing partner network. With a fixed total supply of 300 million tokens and regular buybacks, OKB maintains a deflationary economic model.
👉 Discover more about OKB's ecosystem
Comprehensive Guide to Participating in Yield Farming
Prerequisites:
- Access OKX Web3 Wallet (no download required - available directly from OKX exchange interface)
- Set up an ETH-compatible wallet address
- Ensure sufficient ETH balance for transactions
Step-by-Step Process:
Fund Preparation:
- Transfer ETH assets to your Web3 wallet using ERC-20 network
- Maintain minimum 0.3 ETH (maximum 300 ETH per transaction)
Contract Interaction:
Contract Address: 0x0397F4F8928C08A9443fcD9B4f3313F47C88855e- Send ETH to the specified contract address
- Transactions process automatically within 10 minutes
OKB Redemption:
- Received OKB can be transferred to OKX exchange
- Select USDT trading pair for conversion
Key Features:
- Automated yield distribution in OKB tokens
- Daily transaction limit: 3 yields per wallet (resets at 00:00 UTC)
- Tiered withdrawal requirements to ensure network stability
- Minimum 0.3 ETH per transaction (300 ETH maximum)
Important Notes:
- All ETH deposits are fully returnable after event conclusion
- Yield rates may fluctuate between 8%-10% depending on market conditions
- Maintain small ETH reserve for gas fees when transferring OKB
👉 Learn about OKX's security practices
Frequently Asked Questions
Q: What's the minimum participation amount?
A: 0.3 ETH per transaction, with a 300 ETH maximum.
Q: How often are yields distributed?
A: Returns are processed automatically within 10 minutes of transaction confirmation.
Q: Can I participate multiple times?
A: Yes, up to 3 transactions daily per wallet address.
Q: What happens to my ETH after the event?
A: All ETH deposits will be automatically returned to originating wallets.
Q: Are there any withdrawal restrictions?
A: Initial withdrawals are unlimited, with progressive requirements for subsequent transactions.
Q: How is the yield generated?
A: Through automated market making and grid trading strategies executed by our smart contracts.
Event Terms
- OKX reserves the right to modify event parameters
- Participants must comply with all platform policies
- Market volatility may affect actual yields
- All decisions regarding event administration are final
For assistance, contact our 24/7 support team through official OKX channels only.