KuCoin Labs, a global cryptocurrency exchange, has announced a strategic partnership with OOFP, a project that offers value-added services for Bitcoin assets such as inscriptions, runes, and NFTs. OOFP leverages a vault pool for mining and various strategies such as holding, staking, and DeFi to boost asset growth and appreciation.
OOFP’s vision is to build a dynamic ecosystem where users can enjoy the increased value of their assets.
The project follows the principle of creating a dynamic ecosystem where Bitcoin assets can flourish. By providing value-added services and chances for asset growth, OOFP aims to draw and involve users, helping the Bitcoin ecosystem grow and succeed.
The partnership with KuCoin Labs will allow OOFP to extend ecosystem partnership with all Bitcoin assets like BIIS, DOVI.
As inscriptions become more popular, the BTC ecosystem has witnessed a remarkable performance with many new native protocols emerging. KuCoin Labs’ partnership with OOFP shows its dedication to promoting innovation in the crypto industry. This partnership is expected to spur progress in the BTC ecosystem, improving user experience and expanding access to blockchain technologies.
KuCoin was launched in September 2017 and has its operational headquarters in Seychelles. As a user-centric platform with a focus on inclusiveness and community action reach, it offers over 700 digital assets and currently provides spot trading, margin trading, P2P fiat trading, futures trading, staking, and lending to its 30 million users in more than 200 countries and regions. KuCoin is currently one of the top 5 crypto exchanges according to CoinMarketCap. In 2023, KuCoin was named one of the Best Crypto Exchanges by Forbes and received a highly commended global exchange award from Finder’s 2023 Global Cryptocurrency Trading Platform Awards.
Lou Yu, head of KuCoin Labs, expressed excitement about the partnership, stating, “The strategic partnership between KuCoin Labs and OOFP aligns with our commitment to supporting innovative blockchain projects. OOFP’s vision and technology have the potential to transform the way we interact with blockchain tools, and we’re thrilled to be part of this journey.”
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