TechFlow news — According to its official website, Lybra Finance has now integrated with the OKX Web3 Wallet. Users can leverage the OKX Web3 Wallet browser extension to deposit ETH, stETH, rETH, and wstETH on Lybra to mint the stablecoin eUSD, earn LBR tokens, stake LBR, and share protocol revenue and LP rewards. Lybra Finance is an LSDFi stablecoin protocol whose core business model involves over-collateralizing ETH or stETH to mint the stablecoin eUSD, while utilizing LSD yield to repurchase eUSD, enabling interest generation for eUSD holders.
Notably, the OKX Web3 Wallet serves as an all-in-one gateway to Web3, currently supporting over 70 blockchains. It offers comprehensive features across five key areas: wallet management, DEX, DeFi, NFT marketplace, and DApp discovery. The wallet also supports Ordinals marketplace, MPC and AA smart contract wallets, gas token swapping, and hardware wallet connectivity, delivering a convenient and secure user experience.
