OKC LAUNCHES NEW FEATURES INCLUDING IBC TRANSFERS

KUALA LUMPUR, Sept 14 (Bernama) -- OKC (OKX Chain), the programmable smart contracts platform backed by leading cryptocurrency platform OKX, has launched new features including IBC transfers and announced that OKC users stand to receive both airdropped ETHW and OKT following the ETH Merge.

“At OKC, we believe that cross-chain and multichain interoperability is the future of the blockchain. That is why our team is constantly working towards establishing better interoperability without compromising either scalability or security.

“Powerful new features like IBC allow us to take steps towards this, while also bringing us closer to our vision of a multichain network that delivers equal opportunity to all,” said Chaige Li, OKC Ecosystem Lead, in a statement.

OKC’s inclusion of the IBC protocol has opened a bridge between OKC and other public chains that support the IBC protocol. This allows users to transfer assets between OKC and other chains more efficiently.

Other new features include OKC Swap and OKC Bridge Upgrade. OKC Swap is an official DEX, backed by OKX, which delivers safe and stable swaps with reduced slippage.

OKC is also launching a bridge upgrade that allows every user who bridges over US$100 worth of any supported token to OKC to receive OKT in an airdrop. (US$1 = RM4.520)

More details at https://okx.com/okc.

-- BERNAMA