TechFlow News, according to the official announcement, OKX Web3 Wallet's DeFi section is exclusively launching a Lybra APR boost event with a total prize pool of 40,000 LBR. From December 11, 2023, 18:00 to February 9, 2024, 18:00 (UTC+8), users can complete a three-step APR boosting activity to enjoy up to an additional 12% APR. First, stake ETH to Lido to receive up to an extra 3% APR; then, deposit stETH into LybraFinance to mint eUSD and earn up to an additional 4% APR; finally, stake Curve LP eUSD-3CRV on Lybra to receive up to an extra 5% APR. Additionally, users may alternatively stake Curve LP peUSD-USDC.e on Lybra to earn up to an extra 5% APR.
Participation in this event is straightforward. Users can connect their wallet or create a new OKX Web3 Wallet, navigate to the DeFi page, search for the Lybra Finance V2 protocol, select the Mint eUSD product, and mint eUSD to receive additional APR incentives. Alternatively, users can search for eUSD or peUSD, choose Multi-Asset Earning, click on Curve LP eUSD-3CRV or Curve LP peUSD-USDC.e, subscribe, and obtain additional APR rewards.
