OKX Completes 21st OKB Token Burn, Destroying 6,140,520.48 Tokens
According to an official announcement on September 18, OKX launched a new quarterly OKB burn during the period from June 1, 2023 to August 31, 2023. This marks the 21st OKB burn, with a total of 6,140,520.48 OKB tokens destroyed from the secondary market and transferred to a burn address.
According to an official announcement on September 18, OKX launched a new quarterly OKB burn during the period from June 1, 2023 to August 31, 2023. This marks the 21st OKB burn, with a total of 6,140,520.48 OKB tokens destroyed from the secondary market and transferred to a burn address.
It is reported that since May 4, 2019, OKX has been conducting quarterly burns of OKB tokens from its total supply of 300 million tokens. Based on quarterly market conditions and business operations, tokens are transferred to a burn address for permanent destruction every three months. To date, a cumulative total of 70,182,835.18 OKB tokens have been burned.