OKX Ventures Announces Investment in Pencils Protocol

2024-05-15 02:17:42
On May 15th, OKX Ventures announced an investment in Pencils Protocol. Pencils Protocol is currently a native DeFi project in the Scroll ecosystem. It is a Scroll-based revenue aggregator and auction platform that integrates functions such as Launchpad, unified asset aggregation and distribution, and leveraged income, with the aim of maximizing users' asset utilization.
Through its partnership with Scroll, Pencils Protocol has redefined the Layer-2 solution using zero-knowledge technology, focusing on scalable private dApp development and fair distribution principles to provide users with a rich on-chain asset service experience.