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OKEx officially launched DeFi Hub, which will create a one-stop DeFi service with low threshold for users

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OKEx officially launched DeFi Hub, aiming to provide complete and powerful one-stop service for users in decentralized ecology and deeply participate in the construction of decentralized ecology.

Original title: "OKEx officially launches DeFi Hub, creating the world's first decentralized station"

Original source: OKEx

From last year's "DeFi Summer" to this year's "NFT Summer", the decentralized world built based on block chain is rising rapidly with significant wealth creation effect.

However, under different blockchain networks, user assets are scattered and difficult to view and manage. At the same time, the explosion of NFT has raised the bar for participation in the de-centric world, locking most users out due to high Gas bills and other issues.

Is there a converged entry point that allows users to enter a decentralized world with low barriers and manage their assets efficiently?

The answer is yes. On September 13, OKEx officially launched DeFi Hub, aiming to provide complete and powerful one-stop service for users in decentralized ecology and deeply participate in the construction of decentralized ecology.

Specifically, OKEx DeFi Hub contains two parts: Asset Kanban and NFT market. The former provides multi-chain, multi-wallet and multi-asset management functions, allowing users to track the asset portfolio of multiple public chains and different DeFi protocols on one interface. The latter provides one-stop service for NFT assets. Allow users to participate in NFT transactions in the primary and secondary markets, with all kinds of innovative functions and flexible gameplay, zero commission at present.

Asset Kanban: an interface to play DeFi

In the process of DeFi outbreak, all kinds of public chains were born, and DeFi protocols based on public chains also emerged one after another. As of Sept. 13, there were more than 50 DeFi agreements with lock-ups of more than $100 million alone, according to DappRader.

In practice, users often hold assets on multiple blockchain networks and participate in DeFi mining, and may have multiple wallet accounts even on the same network. As a result, users not only need to log in frequently to the official website of each DeFi project, but also need to constantly switch between blockchain network and wallet account, which is time-consuming and laborious, and lacks a complete understanding of the overall assets.

To address these pain points, OKEx DeFi Hub launched the asset Kanban function, which provides multi-chain, multi-wallet and multi-asset management functions, and supports users to track the asset portfolio of multiple public chains with different DeFi protocols in one interface.

For example, if you are mining both Ethereum and OEC, when you enter the Asset Kanban page, you can clearly see the wallet balance and DeFi mining revenue. Not only that, you can also see your NFT collection on each chain.

At present, DeFi Hub already supports Ethereum and OEC networks. In the future, more blockchain networks will be connected and one-stop mining solution will be launched simultaneously to help users subtract at the operation level.

NFT Market: a low threshold NFT trading platform

While serving DeFi users, OKEx DeFi Hub also focuses on the hot NFT market.

According to incomplete statistics, the on-chain NFT trading volume in the first half of the year has exceeded 2.5 billion US dollars, 16.67 times that of the whole year of 2020. This means that NFT successfully DeFi, become the biggest draught this year. During this period, many top brands, stars, singers have entered the game, even Visa, Alibaba, Tencent and other domestic and foreign technology giants are also accelerating their entry.

Thanks to the huge wealth effect, early players made a lot of money. However, the problem of NFT infrastructure lag is becoming more and more prominent, preventing the entry of large-scale incremental users. Take OpenSea, the most well-known NFT trading platform in the industry, for example. The platform is mainly deployed on the Ethereum network. Each transaction not only costs hundreds of dollars in on-chain handling fee, but also pays 2.5% service fee.

In addition, due to limited network performance, users often encounter lag and latency when creating or trading NFT on OpenSea and other platforms, resulting in poor user experience. Although NFT markets based on high-performance public chains have emerged in the market, the services provided are often limited and cannot meet the increasingly diverse needs of users.

The launch of OUi NFT market provides the possibility to solve the above problems. First, it not only supports the transaction of NFT assets in ethereum network, but also supports high-performance public chains such as OEC, which provides users with rich NFT assets while reducing their participation costs. Second, any user who trades on the platform does not have to pay any service fees.

For example, if you own NFT of OEC network, you will pay about $0.02 Gas per transaction. If you own an ETHEREum NETWORK NFT, you can also sell it on the AUi NFT market. In addition to paying a certain Gas fee to the Ethereum network, you do not need to pay a second sales service fee to the platform.

PANews, a well-known industry media, has analyzed aui NFT platform. In PANews' opinion, compared with OpenSea and other existing NFT trading platforms, OUi's NFT market has prominent advantages as follows:

Generally speaking, OUi NFT market has the functions of a primary and secondary market, which not only reduces the threshold for users to participate, but also gives creators greater flexibility in generating income. It is expected to reshape the competition pattern of NFT market and become the largest gathering place of NFT resources.

At present, Aui NFT market has already supported Ethereum and OEC network, and will access more high-performance public chains in the future, while exploring all kinds of new NFT gameplay, so that every user can stand in the wind of NFT and share the development dividend of NFT.

conclusion

From the perspective of product functions, OKEx DeFi Hub focuses on both DeFi and NFT track to meet users' needs for in-depth participation in the ecological construction of de-centralization, lower the participation threshold from multiple levels, and improve the participation experience.

At present, although there are similar tools on the market, the functions are relatively single, or limited to the DeFi market product aggregation, or limited to the NFT market transaction services, it is difficult to meet the needs of users to participate in both DeFi and NFT ecosystem.

In contrast, OKEx DeFi Hub can provide a more complete and powerful one-stop service, which is expected to build the first stop to a decentralized world in the future.