OKBOKB (OKB) Price

1. Project introduction

OKB is a token economy system designed and launched by world-class development team based on blockchain technology. OKB is set to connect prospective digital asset projects to OKX users as well as professional investors, creating an OKX ecosystem that helps to advance the development of blockchain technology and the digital asset industry.

2. Team introduction

OKX

3. Application and distribution

Total supply: 300,000,000

Token application:

(1) Trading fee discounts;

(2) Passive income through OKEx Earn;

(3) Token sales from Jumpstart Launchpad;

(4) OKExChain ecosystem when mainnet launch.

Token distribution:

Started from May 2019, OKB tokens was burned regularly to reduce supply. This boosts the value and encourages you to hold tokens. OKX used 30% of the income from OKX spot trading fees to buy back OKB from the 300 million in circulating supply.