OKX Chain To Contribute $100 Million for Struggling Ecosystems

OKX Chain To Contribute $100 Million for Struggling Ecosystems

• OKX Chain is launching a $100 million ecological support plan with OKXChain and OKX Demo Day.
• The project will provide ecological, technical, and liquidity support to qualified parties.
• OKC has partnered with multiple blockchain firms to start contributing to high-quality ecosystems.

Ouyi OKX Chinese, a leading crypto asset trading platform and Web3 platform, has recently announced on Twitter, to launch a $100 million ecological support project in cooperation with OKX Chain and OKX Demo Day.

我们将联合 #OKXChain 、OKX Demo Day 启动 $100,000,000 的项目生态扶持计划！在近期突发事件的影响下，部分生态的优质项目出现了流动性等问题。为促进行业生态健康发展，欧易将助力优质项目方进行平滑迁徙，对符合条件的项目方提供生态/技术/流动性等支持，共克时艰

— 欧易OKX中文 (@okxchinese) November 15, 2022

According to the statement made by OKX Chinese, due to the recent impactful disasters in the crypto market, certain environmental high-quality projects have begun to experience liquidity issues.

To encourage the healthy growth of the industry ecology, Ouyi has planned to assist high-quality project parties. OKX Chinese will also provide ecological, technical, and liquidity assistance to certain project in overcoming any challenges and difficulties faced.

In detail, OKC (OKX Chain) is a blockchain-based ecosystem that aims to develop the next-generation financial ecosystem using blockchain technology. The OKC team claims that they work to remove financial obstacles and advance the global economy.

OKC (OKX Chain) prioritizes complete interoperability (IBC) and peak performance. Developers with great scalability can construct and scale with cheap gas prices. The OKC ecosystem and infrastructure, which includes the all-in-one multi-chain Web3 interface, provides a unified experience for both developers and users.

In other news, EYWA, a blockchain ecosystem, enabled different blockchain ecosystems to mutually enrich each other in terms of liquidity, community-building, and technical integration of different DeFi projects. The blockchain firm recently announced its partnership with OKCNetwork. The firm stated that “OKX chain is a high-performance and EVM-compatible smart contract platform for next-generation applications.’’

OKXchain also partnered with RockX, to further contribute to the ecosystem, as mentioned in a Twitter announcement. RockX, an Asia-based supplier of digital asset staking solutions, has joined forces with OKX Chain, an EVM-compatible blockchain. Through RockX’s cross-chain node services, Web3 developers now have complete access to all OKC-based protocols.

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