OKX Lists Satoshi Island’s STC Token and Launches High-Yield Staking with Up to 36.91% APY

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Cryptocurrency enthusiasts and investors are witnessing a wave of innovation and opportunity as OKX continues to expand its platform offerings. In recent updates, OKX has announced the listing of Satoshi Island’s STC token for spot trading, introduced high-APY staking options for multiple digital assets, and enhanced its broker rebate system. These developments underscore OKX’s commitment to delivering cutting-edge financial tools and improving user experience in the fast-evolving blockchain ecosystem.

STC Token Now Live on OKX Spot Markets

OKX has officially listed Satoshi Island’s STC token, marking a significant milestone for the project and opening new doors for traders. The integration allows users to trade STC against major stablecoins, increasing liquidity and accessibility.

Trading began on August 22, 2022, following this timeline:

This structured rollout ensures smooth onboarding and minimizes technical disruptions, reflecting OKX’s focus on operational excellence.

👉 Discover how you can start trading emerging digital assets like STC today.

Earn Passive Income with High-Yield Staking Offers

One of the most compelling updates from OKX is the launch of lucrative staking opportunities across several high-potential cryptocurrencies. Starting August 22, 2022, users can earn attractive annual percentage yields (APY) by staking DOT, EOS, MINA, MATIC, and ATOM.

Here’s a breakdown of the available staking products:

These limited-time offers come with fixed subscription caps per user and total pool limits, creating urgency and exclusivity. The MINA staking product stands out with one of the highest yields currently available in the market.

Staking not only rewards users but also contributes to network security and decentralization—making it a win-win for both investors and blockchain ecosystems.

ITC Token Migration Completed

OKX has successfully supported the migration of the ITC token at a 1:10 ratio, aligning with the project’s upgrade roadmap.

Key migration milestones:

Users affected by the migration were advised to ensure their holdings were in spot wallets prior to the snapshot to qualify for the new tokens.

Enhanced Broker Rebate Program for API and OAuth Partners

To empower its growing network of brokers and affiliate partners, OKX has upgraded its rebate structure effective August 18, 2022. The improvements include:

These enhancements are designed to boost partner earnings, improve transparency, and support scalable business growth within OKX’s ecosystem.

👉 Learn how you can maximize returns through advanced trading tools and partner programs.

Strategic Delisting of Low-Liquidity Perpetual Swaps

In an effort to optimize platform performance and user experience, OKX has delisted several low-liquidity perpetual swap contracts, including:

Delisting underperforming markets helps streamline trading interfaces, reduce maintenance overhead, and focus resources on high-demand assets. This strategic move aligns with industry best practices for exchange management.

Frequently Asked Questions (FAQ)

Q: What is STC and what is Satoshi Island?
A: STC is the native utility token of Satoshi Island, a decentralized metaverse project inspired by Bitcoin’s origins. It aims to build a community-governed virtual world where users can own land, create content, and participate in governance.

Q: How do I participate in staking on OKX?
A: To stake eligible tokens, navigate to the "Earn" section on OKX, select your preferred asset and staking product, review terms, and confirm your subscription. Funds are locked for the specified duration in exchange for regular yield payouts.

Q: Is there a minimum amount required to stake?
A: While there is no universal minimum, each staking product has an individual limit (e.g., 25 DOT or 100 MINA). You must meet or exceed these thresholds to participate.

Q: Why did OKX delist certain perpetual swaps?
A: Delistings occur when trading volumes and liquidity fall below sustainable levels. Removing such pairs improves overall market efficiency and allows OKX to prioritize higher-demand derivatives.

Q: Can I still access my funds after a token migration or delisting?
A: Yes. For migrations like ITC, users retain access to converted tokens post-swap. For delisted perpetuals, open positions are typically settled before removal. Always monitor official announcements for closure timelines.

Q: Are staking rewards guaranteed?
A: While OKX strives to deliver advertised APYs, rewards depend on network conditions and validator performance. However, OKX uses secure infrastructure and reputable node operators to minimize risk.

Final Thoughts

OKX continues to solidify its position as a leading cryptocurrency platform by introducing innovative financial products, supporting promising blockchain projects like Satoshi Island, and refining its ecosystem for traders and partners alike. From high-yield staking to seamless token listings and improved broker incentives, these updates reflect a forward-thinking approach to digital asset management.

Whether you're a passive investor seeking yield or an active trader exploring new markets, OKX provides the tools, security, and opportunities needed to thrive in today’s decentralized economy.

👉 Start earning up to 36.91% APY on your crypto holdings—explore staking options now.

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