Introduction
Compound v3 (Arbitrum) USDC, a decentralized yield-earning product, is now live on OKX. Designed to streamline on-chain interactions, it offers transparent annualized returns directly from blockchain protocols.
Understanding Compound v3
Compound v3 is an EVM-compatible protocol enabling users to:
- Supply crypto assets as collateral to borrow base currencies.
- Earn interest by depositing base assets (e.g., USDC).
Key Features
✅ No subscription limits
✅ Simplified on-chain mechanics
✅ Real-time APY tracking
Rewards Structure
1. Deposit Interest
- How it works: Interest accrues on USDC deposits and is distributed upon redemption.
- Payout: Integrated with principal withdrawal.
2. COMP Token Incentives
- Purpose: Governance tokens for Compound protocol.
- Distribution: Paid every 8 days to user accounts.
3. Limited-Time ARB Rewards (Phase 1)
- Bonus Pool: 100,000 ARB shared with OKX Web3 Wallet users.
- Deadline: July 15 (rewards distributed daily).
How to Participate
Web
- Navigate to: Finance > Earn > On-Chain Earn.
- Search USDC, select Compound v3 (Arbitrum), and subscribe.
Mobile App
- Go to: Finance > Earn > On-Chain Earn.
- Follow the same steps as above.
👉 Maximize your yields with OKX On-Chain Earn
FAQs
Q: Is there a lock-up period for USDC deposits?
A: No—redeem anytime, but rewards follow the protocol’s distribution schedule.
Q: How are ARB rewards calculated?
A: Proportional to your USDC deposit amount during the campaign period.
Q: Are there fees for participation?
A: OKX charges a nominal service fee; details are listed in the product description.
Risk Disclosure
- DeFi Mechanisms: Understand project-specific rules (e.g., redemption thresholds, APY variability).
- Platform Fees: Reviewed during subscription.
- Third-Party Risks: OKX is not liable for smart contract failures or project insolvency.
👉 Start earning with Compound v3 today
OKX is committed to delivering innovative financial solutions—securely and efficiently.