OKX Proposes Industry-First BRC-30 Token Standard for Bitcoin and BRC-20 Token Staking

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OKX, a leading Web3 innovator, has unveiled its groundbreaking proposal for the BRC-30 token standard, enabling users to stake Bitcoin and BRC-20 tokens to earn passive income through BRC-30 rewards. This open-source protocol marks a significant leap forward for the Bitcoin ecosystem, offering new avenues for decentralized finance (DeFi) participation.

Key Features of BRC-30

Why BRC-30 Matters

The BRC-30 standard addresses a critical gap in the Bitcoin ecosystem by introducing native staking mechanisms, traditionally limited to Proof-of-Stake (PoS) blockchains. This innovation:

  1. Expands Utility: Turns Bitcoin into a yield-bearing asset.
  2. Boosts Adoption: Lowers barriers for users to participate in DeFi.
  3. Encourages Development: Open-source design invites community collaboration.

👉 Discover how to stake Bitcoin with OKX Wallet

OKX’s Vision for Bitcoin

Jason Lau, OKX Chief Innovation Officer, emphasized:

"BRC-30 is a milestone for Bitcoin’s evolution. By enabling staking, we’re unlocking new economic layers while staying true to Bitcoin’s decentralized ethos."

OKX has consistently pioneered Bitcoin advancements, including:

Frequently Asked Questions (FAQs)

1. How does BRC-30 staking work?

Users deposit Bitcoin or BRC-20 tokens into a smart contract to earn BRC-30 tokens as rewards, similar to staking in PoS networks.

2. Is BRC-30 secure?

Yes—the protocol is open-source and auditable, with OKX Wallet providing enterprise-grade security.

3. What’s the advantage over traditional staking?

BRC-30 brings staking to Bitcoin, a Proof-of-Work (PoW) chain, without requiring miners or validators.

4. When will BRC-30 launch?

OKX Wallet integration is expected soon; developers can review the GitHub repository now.

5. Are rewards paid in Bitcoin or BRC-30?

Rewards are distributed in BRC-30 tokens, which may be tradable or redeemable.

👉 Join the waitlist for early access

The Future of Bitcoin DeFi

BRC-30 exemplifies OKX’s commitment to Bitcoin-centric innovation, bridging gaps between decentralized finance and the world’s largest cryptocurrency. As the ecosystem grows, expect:

Disclaimer: This content is for informational purposes only. Digital assets carry risks; consult a financial advisor before participating.


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