Updated: 8 November 2023
The facts are:
OKB is a utility token used for fee discounts, access to rewards, and participation in Jumpstart projects by OKX users on the OKX exchange.
The maximum circulating supply of OKB is 300 million, with some bought back and burned via burn programs from time to time — all verifiable on Etherscan.
OKX does NOT use OKB for treasury, collateral or leverage. This has always been our policy
OKX is the entity that primarily oversees the OKB ecosystem, including conducting burn programs from time to time.
A year after OKB was launched, our research and analysis showed that more than 95% of all OKB trading occurred on the OKX exchange. As a result, we moved the majority of OKB held in our OKX hot wallet to a number of cold wallets, which is consistent with our storage policies and procedures. All tokens held by OKX cold wallets are protected by our industry-leading security features, including air-gapping and multi-signatures. These tokens are in circulation as they are available to be traded on the exchange and available for withdrawal.
OKB, like every token has its own unique strategy, and this includes issuance, safety, and tokenomics. OKX is relentlessly committed to innovation in crypto and Web3, and our customers are our number one priority. For more details on OKB, please visit: https://www.okx.com/okb. Thank you for your support. Game on!
© 2024 OKX. يجوز إعادة إنتاج هذه المقالة أو توزيعها بالكامل، أو يجوز استخدام مقتطفات من 100 كلمة أو أقل من هذه المقالة، شريطة أن يكون هذا الاستخدام لأغراض غير تجارية. يجب أيضًا أن تنص أي إعادة إنتاج أو توزيع للمقالة بالكامل بوضوح على ما يلي: "هذه المقالة تحمل حقوق الطبع والنشر © 2024 OKX ويجب استخدامها بإذن." ويجب أن تشير المقتطفات المسموح بها إلى اسم المقالة وتتضمن إسنادًا، على سبيل المثال "اسم المقالة، و[اسم المؤلف إن أمكن]، و© 2024 OKX." ولا يُسمح بأية أعمال مشتقة أو استخدامات أخرى لهذه المقالة.
