Leading Web3 innovator OKX has unveiled a groundbreaking proposal for the BRC-30 protocol, an open-source standard enabling users to stake BRC-20 tokens and Bitcoin to earn BRC-30 tokens. This initiative aims to expand participation in the Bitcoin ecosystem while creating new passive income opportunities.
Key Features of BRC-30 Protocol
- Bitcoin Ecosystem Integration: Stake Bitcoin directly alongside BRC-20 tokens
- Decentralized Earning: Earn BRC-30 tokens through non-custodial staking
- Developer-Friendly: Open-source framework for community expansion
- Multi-Chain Support: Seamless cross-chain functionality via OKX Wallet
👉 Explore Web3 Earn opportunities with OKX Wallet
Technical Implementation
The protocol will be natively supported in OKX Wallet, allowing users to:
- Stake assets without active trading
- Access curated DeFi products
- Participate across multiple blockchain networks
"BRC-30 represents a paradigm shift for Bitcoin utility," said Jason Lau, OKX Chief Innovation Officer. "We're empowering users to unlock Bitcoin's potential beyond just holding or trading."
OKX's Bitcoin Ecosystem Leadership
OKX continues to pioneer Bitcoin innovation:
✔ Early Lightning Network adopter (2021)
✔ First multi-chain wallet with BRC-20 trading
✔ Comprehensive Ordinals marketplace
👉 Discover Bitcoin Ordinals on OKX
Strategic Vision
This development aligns with OKX's "The System Needs a Rewrite" campaign, advocating for:
- Decentralized Web3 solutions
- User-controlled financial systems
- Community-driven protocol evolution
FAQ Section
Q: When will BRC-30 staking launch?
A: OKX Wallet integration is expected in upcoming updates.
Q: Is there a minimum stake amount?
A: Protocol parameters will be finalized during community testing.
Q: Can BRC-30 tokens be traded?
A: Yes, they'll function as transferable assets post-minting.
Q: How does this differ from Ethereum staking?
A: BRC-30 brings native Bitcoin staking without smart contract dependencies.
Q: What's the APY for staking?
A: Rewards will vary based on network participation and tokenomics.
Future Outlook
As the Bitcoin ecosystem matures, OKX remains committed to:
- Collaborative protocol development
- Enhancing financial sovereignty
- Bridging traditional and decentralized finance
The BRC-30 proposal marks a significant leap in Bitcoin's functionality, transforming it from a store of value to an active yield-generating asset class.