Understanding the OKX On-chain Earn Service

The On-chain Earn Service (referred to as “Service”) enables users to earn rewards by staking digital assets through blockchain-based staking protocols accessible via the OKX platform. This service is provided by the applicable OKX entity to you—the user—and operates under a binding agreement that incorporates key terms and conditions designed to ensure transparency, security, and compliance.

By using the On-chain Earn Service, you confirm that you have read, understood, and agreed to all provisions outlined in this User Agreement, which works in conjunction with the broader OKX Terms of Service. Your continued use of the service signifies your acceptance of these terms, which become legally enforceable upon engagement.

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How the Service Works

When you participate in the On-chain Earn Service, you commit your digital assets to a selected Staking Protocol, such as a decentralized finance (DeFi) network or native blockchain validator system. These protocols allow users to contribute to network security and operations in exchange for periodic rewards.

Once you stake your assets:

• They are locked according to the rules of the chosen protocol.
• Rewards begin accruing only after the Reward Calculation Day, which may not coincide with the day you place your order.
• You cannot cancel or modify a staking order once submitted.

Staking can be initiated in two ways:

1. Manual Selection

You manually choose:

• A Staking Protocol
• The quantity of digital assets to stake

The platform displays an Estimated Reward and minimum staking amount for each option. Note: actual rewards may differ due to market dynamics, protocol mechanics, and fee deductions.

2. Auto-Earn Feature

Auto-Earn automates staking for newly acquired digital assets. It is disabled by default and must be opted into explicitly. Once enabled:

• Idle funds are automatically allocated to eligible staking protocols.
• Estimated returns and minimum thresholds are shown before confirmation.
• Opting out stops future automatic subscriptions; previously staked assets must still be redeemed manually.

⚠️ Important: Estimated Rewards are projections only. Actual returns depend on protocol performance, network conditions, and timing. OKX does not guarantee any specific return.

Key Definitions You Should Know

To fully understand your rights and responsibilities, familiarize yourself with these core terms:

• Digital Assets: Intangible assets including cryptocurrencies, tokens, and virtual financial instruments.
• Staking Protocol: Third-party blockchain networks (e.g., Ethereum 2.0, Cosmos) where assets are staked; excludes non-staking blockchains like Bitcoin.
• Rewards: Returns earned from staking, distributed based on protocol rules.
• Redemption: The process of unlocking staked assets and returning them to your account.
• Service Fee: A charge deducted from your rewards (ranging from 1–5%) before distribution.
• Liquid Staking Token (LST): A token representing staked assets, issued by OKX for certain protocols. LSTs may have limited liquidity or usability outside OKX.

User Responsibilities and Risk Acknowledgment

You acknowledge and accept several critical risks associated with using the On-chain Earn Service:

• Market Volatility: The value of digital assets can fluctuate rapidly, potentially leading to significant or total loss.
• Liquidity Risks: You may be unable to redeem or sell staked assets—or do so only at a loss—due to market or protocol constraints.
• No Guaranteed Returns: Historical or estimated rewards do not predict future performance.
• Technology Risks: System outages or technical issues could delay access to your assets.
• Policy Changes: OKX reserves the right to modify terms, fees, or availability without prior notice.

You also agree that OKX may:

• Act as a validator on supported protocols.
• Exercise voting rights linked to your staked assets (delegated by you).
• Take necessary actions to maintain service integrity or comply with laws.

Reward Distribution and Fees

OKX passes through rewards received from the underlying Staking Protocol(s), minus applicable Service Fees (1–5% of gross returns). Rewards accrue daily starting from the Reward Calculation Day but are not paid for the initial day of staking.

Accrual format depends on the protocol:

• For LST-enabled protocols: rewards accrue in LST form.
• For others: rewards are typically in the original staked asset.

Distribution frequency varies by protocol and market conditions. Importantly, if your staking order fails (e.g., insufficient allocation), no rewards will accrue.

Redemption Process and Fast Redemption Option

To withdraw your staked assets:

1. Submit a Redemption request via the OKX Platform.
2. Partial redemptions may not be allowed—you might need to redeem your full order quantity.
3. No further rewards accrue once redemption is initiated.

Processing times vary—redemption can take days or weeks depending on unbonding periods. OKX is not liable for losses due to timing differences between estimated and actual arrival times.

Fast Redemption

A convenience feature allowing quicker access to funds when sufficient liquidity exists within the service. Key points:

• Enabled by default but not guaranteed.
• Funded using pooled user deposits (your order may contribute).
• Can be suspended at any time without notice.

If Fast Redemption isn’t available, standard redemption applies.

👉 Learn more about flexible redemption options and how they fit into your strategy.

Asset Ownership and Security

OKX maintains strict separation between user and company assets:

• Your Staked Digital Assets remain yours at all times.
• They are held separately from OKX’s corporate holdings within the Staking Protocol.
• No liens or encumbrances are placed on your assets.

Using this service does not transfer ownership—it only delegates operational control for staking purposes.

Modifications and Legal Provisions

OKX reserves the right to update this agreement at any time without prior notice. Revised versions will be published online, and continued use constitutes acceptance. If you disagree with changes, discontinue use immediately.

In case of conflict between this User Agreement and other OKX documents, this agreement takes precedence specifically regarding On-chain Earn Services.

All undefined terms are governed by the main OKX Terms of Service. In case of discrepancies between language versions, the English text prevails.

Frequently Asked Questions (FAQ)

Q: Are my staked assets safe with OKX?
A: Yes. Your assets are kept segregated from OKX’s corporate funds and remain under your ownership throughout the staking period.

Q: Can I cancel my staking order after submission?
A: No. Once a staking order is confirmed, it cannot be canceled, edited, or revoked.

Q: Why didn’t I receive the estimated reward shown?
A: Estimated Rewards are projections based on current protocol conditions. Actual returns vary due to network dynamics, fees, and timing.

Q: What happens if I enable Auto-Earn?
A: Newly purchased eligible assets will automatically begin earning rewards via staking unless disabled manually.

Q: Is Fast Redemption always available?
A: No. It depends on real-time liquidity within the service and can be suspended at any time.

Q: Who controls my voting rights when I stake?
A: You delegate voting rights to OKX when you stake, allowing them to participate in governance decisions on your behalf.

👉 Get started with confidence—see how easy it is to begin earning on-chain.

Final Notes

This User Agreement forms a complete legal framework governing your use of the On-chain Earn Service. Always review accompanying documentation—including system specs, policy updates, and product guides—as they become part of this agreement upon publication.

Remember: digital asset markets are dynamic and risky. While earning potential exists, so do volatility, liquidity constraints, and technological uncertainties. Make informed decisions aligned with your risk tolerance.

OKX remains committed to transparency, user protection, and innovation in decentralized finance solutions.

Core Keywords: On-chain Earn Service, Staking Protocol, Digital Assets, Rewards, Redemption, Service Fee, Liquid Staking Token, Auto-Earn