OKB Exchange Token Whitepaper

平台 2023年11月16日 21:04 219 区块链行业观察

Introduction

OKB is the native utility token of the OKX exchange, a leading global cryptocurrency exchange. Launched in 2017, OKB has become a highly sought-after asset, providing holders with a wide range of benefits and privileges within the OKX ecosystem. This whitepaper outlines the key aspects of OKB, including its tokenomics, use cases, and future plans.

Tokenomics

Total Supply: 300,000,000 OKB

Initial Distribution:

40% - OKX Foundation

20% - Team and Early Contributors

40% - Community and Sale

Issuance Schedule:

75% released in the first year

15% released in the second year

10% released in the third year

Use Cases

Trading Fee Discounts: OKB holders receive significant discounts on trading fees on the OKX exchange. The discount rate increases with the amount of OKB held.

Staking Rewards: OKB can be staked on the OKX platform to earn rewards in the form of OKB tokens. The annualized yield rate varies depending on market conditions.

Governance Rights: OKB holders have the right to vote on proposals that affect the development and operation of the OKX ecosystem. The voting power is determined by the amount of OKB held.

OKExChain Ecosystem: OKB is the primary token used within the OKExChain ecosystem, a high-performance blockchain developed by OKX. It is used for gas fees, staking, and other ecosystem operations.

Future Plans

OKB Utility Expansion: OKX plans to expand the utility of OKB across its suite of products and services, including NFTs, DeFi, and payment solutions.

Ecosystem Partnerships: OKX is actively seeking partnerships with other projects and platforms to increase the adoption and use cases of OKB.

Global Adoption: OKX aims to drive the global adoption of OKB by promoting its use as a universal cryptocurrency for trading, payments, and governance.

Q&A

Q1: What is the maximum supply of OKB?

A1: 300,000,000 OKB

Q2: How can I earn OKB rewards?

A2: By trading on OKX, staking OKB, or participating in OKExChain ecosystem activities.

Q3: How does holding OKB affect my trading fees on OKX?

A3: The more OKB you hold, the greater the discount you receive on trading fees.

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