Zakk Wang, Product Manager of OKX Wallet: X Layer has progressed to its third phase, and the incentive fund will be implemented in the future.

At the OKX New Year's Eve dinner event hosted by OKX, Zakk Wang, Product Manager of OKX Wallet, stated that X Layer is a crucial cornerstone for OKX Web3's continued progress and must fulfill its historical responsibility. The construction of X Layer will proceed in three phases: The first phase focuses on solidifying the underlying technology to ensure high performance, stability, and low cost over a prolonged period, with transaction gas being virtually free and TPS and block generation speeds remaining at high levels. The second phase involves infrastructure, DeFi, and asset development. While introducing Uniswap, priority will be given to building a stable and robust Swap and DeFi system, continuously improving on-chain TVL, supporting high-frequency and common use cases such as staking, avoiding ecosystem homogenization, and improving payment infrastructure, including card and X402 capabilities. All related construction will revolve around X Layer. Currently, the overall project has progressed to the third phase, where OKX will begin implementing the previously announced incentive funds, starting with an X Layer hackathon for the community and universities to promote the implementation of more projects that truly contribute to industry development.