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How to mine Ouyi DeFi Introducing the introductory tutorial of
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Date:2024-05-24 20:19:51 Channel:Crypto Read:
As one of the most anticipated projects in the blockchain world, OIN Finance provides investors with the opportunity to participate in decentralized finance. Exploring the potential of OIN Finance can not only achieve financial freedom, but also be an important adventure in the crypto world. This article will lead you to gradually understand the introductory tutorial of OIN Finance mining, allowing you to navigate the risks and reap the rewards in the ocean of digital finance.
The OIN Finance project aims to build a decentralized cross-chain asset management platform to provide users with financial services such as liquidity mining, lending, and stablecoins. Participating in the mining activities of OIN Finance can not only earn income, but also support the development of the project ecology. Now, let's unveil the mystery of OIN Finance mining.
First of all, to start the mining journey of OIN Finance, you need to have a certain number of OIN tokens (OIN). These tokens can be purchased through exchanges to ensure that you have enough tokens to participate in mining activities. After preparing the tokens, you can deposit them into the designated mining contract to start mining the income of OIN Finance.
In addition to mining, Ouyi DeFi also provides functions such as lending and liquidity mining. Through lending, you can effectively use idle funds to obtain interest income; while liquidity mining can obtain mining rewards by providing liquidity funds. The combination of these functions provides users with a variety of financial service options to meet investors with different needs.
In the process of participating in Ouyi DeFi mining, risk control is crucial. Pay attention to market fluctuations, reasonably evaluate the risk control capabilities of the project party, and avoid losses due to investment mistakes. At the same time, maintaining continuous attention to the project and adjusting your investment strategy in a timely manner can minimize risks and achieve stable income growth.
In general, as an emerging blockchain project, Ouyi DeFi provides investors with the opportunity to participate in decentralized finance. By mining Ouyi DeFi, you can achieve financial freedom and open a new chapter in digital finance. In the process of participating in mining, we must maintain a cautious and rational attitude, allocate funds reasonably, and do a good job of risk control in order to obtain stable returns. Let us explore the infinite possibilities of Ouyi DeFi and jointly create a bright future for digital finance.
The four most famous international exchanges:
Binance INTL
OKX INTL
Gate.io INTL
Huobi INTL
China Line APP DL China Line APP DL
China Line APP DL
China Line APP DL
Note: The above exchange logo is the official website registration link, and the text is the APP download link.
As we all know, Ouyi is one of the three major exchanges in China. It has always been famous for its active listing of currencies. The exchange can also conduct various trading methods such as currency-to-crypto transactions and perpetual contract transactions. In addition to these, Ouyi has also truly considered user needs in other aspects of DeFi, such as the common liquidity mining operations on the market today. Not only are the steps complex and the threshold high, but its gas fees are also very expensive. OuYi’s new liquidity mining product OuYi DeFi on the coin earning page solves this problem very well. If you want to know how to mine Ouyi DeFi, let’s take a look at the currency circle editor’s introduction to the Ouyi DeFi mining introductory tutorial.
How to mine Ouyi DeFi?
During the outbreak of DeFi, various public chains emerged, and DeFi protocols based on public chains also emerged in endlessly. According to DappRader statistics, as of September 13, there are more than 50 DeFi protocols with more than 100 million US dollars in locked positions.
In actual operation, users often hold assets in multiple blockchain networks and participate in DeFi mining. Even under the same network, they may have multiple wallet accounts at the same time. As a result, users not only need to frequently log in to the official websites of various DeFi projects, but also constantly switch blockchain networks and wallet accounts, which is time-consuming and labor-intensive, and lacks a comprehensive understanding of the overall assets.
In response to these pain points, OKX DeFi Hub launched the asset dashboard function, providing multi-chain, multi-wallet, and multi-asset management functions, allowing users to track the asset portfolios of multiple public chains and different DeFi protocols on one interface.
For example, if you are mining on Ethereum and OEC at the same time, when you enter the asset dashboard page, you can clearly see your wallet balance and DeFi mining income. Not only that, your NFT collections on each chain are also clear at a glance.
At this stage, DeFi
Hub already supports Ethereum and OEC networks, and will gradually connect to more blockchain networks in the future, and simultaneously launch a one-stop mining solution to help users perform subtraction at the operational level. Below, the editor of the currency circle will give you a brief introduction to the DeFi tutorial:
1. Open the Ouyi official website () and download OKX
After APP, click "Register/Login" on the homepage, click "Register Now", enter your email address, click "Register", then enter the six-digit verification code received by email, which is valid for 10 minutes.
2. Next, you need to verify your mobile phone number. Enter your mobile phone number, click "Verify Now", and then enter the mobile phone verification code. The verification code is valid for 10 minutes. Click "Next"
3. Make sure that the selected place of residence is consistent with the information shown on the certificate. In order to protect the security of the account, please follow the prompts to set the account password. After the password setting is completed, click "Next" to complete the account registration.
4. After completing the registration and login, click the button in the upper left corner of the homepage, click on the jump page at the top of the page to enter the personal center, enter the personal information and settings page, click on identity authentication on the personal information page, and follow the prompts to complete the authentication.
After passing the Lv.1 certification, you can conduct digital asset transactions. You can also choose to continue with Lv.2 advanced certification to obtain higher trading permissions.
5. Click the [Earn Coin] button on the homepage, or the [Finance] column, and click the button in the upper right corner of the Earn Coin page and select [DeFi];
6. Select the product you want to participate in, take [Compound] as an example - select USDT [Subscription]; enter [Subscription Quantity] - [Subscription], and complete the operation as required.
7. Successfully subscribed financial business products will be displayed below the [Financial Account] column. Select the corresponding product and complete the redemption operation as required. The principal and income will be automatically distributed to your [Capital Account].
Note: Ouyi only acts as a platform to screen and access third-party DeFi projects for users, and provides related services such as project display and revenue distribution. It does not bear any responsibility for assets caused by potential risks such as contract vulnerabilities, hacking incidents, and DeFi project parties running away. loss.
How about Ouyi DeFi mining?
On September 13, OKEx officially launched DeFi Hub, aiming to provide users in the decentralized ecosystem with complete and powerful one-stop services and deeply participate in the construction of the decentralized ecosystem.
Specifically, OKEx DeFi
Hub consists of two parts: asset dashboard and NFT market. The former provides multi-chain, multi-wallet, and multi-asset management functions, allowing users to track the asset portfolios of multiple public chains and different DeFi protocols on one interface. The latter provides a comprehensive view of NFT assets. A one-stop service that allows users to participate in NFT transactions in the primary and secondary markets. It also has various innovative functions and flexible gameplay, and currently has 0 handling fees.
During the outbreak of DeFi, various public chains emerged, and DeFi protocols based on public chains also emerged in endlessly. According to DappRader statistics, as of September 13, there are more than 50 DeFi protocols with more than 100 million US dollars in locked positions.
In actual operation, users often hold assets in multiple blockchain networks and participate in DeFi mining. Even under the same network, they may have multiple wallet accounts at the same time. As a result, users not only need to frequently log in to the official websites of various DeFi projects, but also constantly switch blockchain networks and wallet accounts, which is time-consuming and labor-intensive, and lacks a comprehensive understanding of the overall assets.
In response to these pain points, OKEx DeFi
Hub has launched an asset dashboard function to provide multi-chain, multi-wallet, and multi-asset management functions, allowing users to track the asset portfolios of multiple public chains and different DeFi protocols on one interface.
To sum up, this is the editor’s answer to the question of how to mine Ouyi DeFi and the introduction to the introductory tutorial of Ouyi DeFi mining. The editor of Coin Circle here reminds all investors that in fact, while serving DeFi users, OKEx
DeFi
Hub also focuses on the hot NFT market. The main highlight of Ouyi's NFT market is that it has both primary and secondary market functions. It not only lowers the participation threshold for users, but also gives creators greater flexibility in generating income. , this project is very likely to reshape the competitive landscape of the NFT market, and it may also become the largest NFT resource gathering place currently.
The mining process is not complicated, but it needs to be treated with caution. When choosing a mining pool to participate in, pay attention to the pool's yield, stability, and risk control capabilities. Reasonable allocation of funds to participate in different types of mining activities can reduce risks and increase returns. In addition, regularly paying attention to the project's announcements and dynamics, and timely adjusting the participating mining strategies are also the key to maintaining stable returns.
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