According to CoinMeta, OKX has announced the expansion of its On-chain Earn services to 5 new networks and 3 DeFi protocols, which are currently only available to users in Singapore. This service is aimed at qualified investors, who can generate earnings from crypto assets through staking and DeFi. Staking involves using assets to support the operation and security of proof-of-stake blockchains, with earnings typically coming from the network and paid in its native tokens. DeFi involves providing assets to applications built on the blockchain, with potential earnings coming from protocol activities. OKX SG PTE LTD is a major payment institution licensed by the Monetary Authority of Singapore.