Moonfarm integration with OKX chain

Moonfarm Finance
2 min readJul 1, 2022

We’re thrilled to announce that Moonfarm Finance is bringing a one-token Yield Farming Aggregator to the OKX chain!

What is the OKX chain?

OKX is a fast, high-performance, open-source smart contract platform backed by OKX to land large-scale digital assets and Dapps.

OKX Chain facilitates the growth of novel projects, helps to create enough initial exposure, and lends a robust, high throughput network to kickstart a vast and diverse selection of DApps.

OKX chain has seen explosive growth in the last few months with over billions in the total value of assets locked and many Defi projects ready to be utilized in protocols. This clearly shows demand for Yield Farming and together with the OKX chain, we can help grow that footprint substantially.

Moonfarm optimizes Yield Farming interest (APY/ APR) and provides users with the ability to choose what farms they want to use, or the system will automatically determine the best farming strategies using the yield optimization engine.

Moonfarm’s advantages are simple process for users to access Defi farming service on the OKX chain with One Token Farming Pools, no Impermanent loss, no gas fee, deposit, or withdrawal fee whatsoever. Users can withdraw at any time, and choose farming pools between multi chains such as Bsc, Eth, OKX chain, and Solana.

To start, the Moonfarm Finance team plans on accomplishing three main things:

  • Integration of Moonfarm platforms to OKX chain
  • Cross-chain assets swap between other chains and OKX chain
  • Creating unique strategies to optimize yield for tokens on the OKX chain

Integrating with the OKX chain will help Moonfarm to deeply connect with many great Defi projects upcoming to the OKX chain. Moonfarm’s users will also benefit from the thriving ecosystem being built on the OKX chain, which now making the OKX chain a perfect fit for us as we work to build scalable pricing infrastructure at the intersection of DeFi.

About Moonfarm Finance

Moonfarm is a DeFi and Centralized Finance (CeFi) hybrid yield farming aggregator. It provides the best of both worlds, offering all the cost-effectiveness, easy access, transparency, and rapidity of DeFi yield farming, in addition to offering the security associated with a centralized financial ecosystem.

Moonfarm optimizes Yield Farming interest (APY/ APR) and provides users with the ability to choose what farms they want to use, or the system will automatically determine the best farming strategies using the yield optimization engine.

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