Nexton Joins Forces with Okratech to Expand DeFi Staking and Yield Farming to Web3 Communities

Source: CryptoNewsNet Original Title: Nexton Joins Forces with Okratech to Expand DeFi Staking, Yield Farming to Web3 Communities Original Link:

Partnership Overview

Nexton, a liquid staking arbitrage platform that aims to maximize and optimize customer benefits, announced a strategic collaboration with Okratech, a decentralized multifaceted ecosystem that connects consumers and freelancers while combining various Web2 and Web3 products. This partnership introduces native support of Nexton into Okratech’s Web3 ecosystem, allowing Okratech’s users to seamlessly access Nexton’s network of staking and arbitrage products directly through their mobile wallets.

About the Platforms

Nexton is a staking and arbitrage platform built on the TON blockchain offering various DeFi services, including:

• Staking of TON tokens
• nxTON lending and liquidity provision
• Automated yield strategies

Launched in 2023, the South Korean-based decentralized platform provides global customers with liquid staking tokens that can be utilized across different DeFi platforms. Its arbitrage function allows users to capitalize on price differences and incentivized liquidity pools where they can stake tokens and earn interest on their crypto holdings.

Okratech is a decentralized blockchain network that enables connections between consumers and freelancers, offering a comprehensive variety of Web2 and Web3 tools. The ecosystem contains three key components:

• OrtJob (a decentralized freelancing platform)
• OrtWeb3 tools (designed to connect Web2 users to Web3 communities)
• A Web3 App Store

Expanding Network and Product Accessibility

Through this partnership, Nexton leverages Okratech’s massive Web3 community to increase customer adoption of its staking arbitrage services. Okratech’s international audience can now access and utilize Nexton’s staking and arbitrage offerings, while Nexton users gain seamless access to Okratech’s comprehensive suite of Web2 and Web3 solutions, including various DApps, DeFi assets, and products.

Cross-Chain Interoperability Benefits

The alliance showcases both platforms’ commitment to embracing cross-chain interoperability, an important integration for Web3 growth and maturation. By converting their respective networks into an interoperable ecosystem where users can manage assets and applications in a virtual multi-chain space, Okratech and Nexton broaden platform accessibility and resolve challenges facing their customers.