The OKEx pool is a service launched by OKEx itself, leading cryptocurrency futures exchange. The pool is one of the most innovative offers in the market and aims to enable users to mine or stake a wide variety of digital assets.
The OKEx pool currently supports 9 different PoW digital assets including BTC, ETH or LTC. The service also allows participants to use risk hedging by locking in their profit.
OKEx has recently announced the launch of Tezos Baking (Staking) Service on OKEx Pool. This will allow users to stake their XTZ coins and earn up to 5.13% annualized yield. The XTZ staking service will be settled in the OKB coin and distributed to users daily.
OKEx Pool has been of our proud innovation that enables the integration of mining and trading services by directly transferring mining rewards to OKEx mining accounts and supporting different settlement modes. We will continue to adopt quality projects on the OKEx platform and keep on providing users with safe, stable, and transparent digital assets mining services.
Current Situation of Tezos (XTZ)
Tezos has been performing great for the past 2 weeks after a pretty significant mini bull run. The digital asset was trading only at $0.86 almost two weeks ago before taking off and reaching a peak of $1.43 only four days later.
Tezos is currently trading at around $1.20 and it’s clearly looking for more continuation to the upside. Technically speaking, the bulls are in control and have defended the support levels.