According to Techub News, OKX will destroy 65,256,712.097 OKB tokens from historical buybacks and reserves at 14:00 Hong Kong time on August 15th, and will switch to using a smart contract to automatically burn all OKB tokens transferred to the black hole address. After this operation, manual OKB burning will stop, and the total OKB issuance will be fixed at 21 million tokens. Additionally, X Layer has completed the PP upgrade and fully integrated the latest version of Polygon CDK (formerly zkEVM). The X Layer team will phase out technical maintenance and circulation support for OKTChain. OKT has now stopped trading on the OKX exchange.
OKX will destroy approximately 65.26 million OKBs at one time, and the total OKB supply will be fixed at 21 million.
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