OKX Burns OKB Worth $260 Million

Source
Son Min

Summary

  • OKX reportedly burned OKB worth $2.6 million.
  • OKX announced it has permanently burned approximately 279 million OKB.
  • OKX previously stated that the supply of OKB would be fixed at 21 million tokens.

The cryptocurrency exchange OKX has reportedly burned governance tokens OKB worth $2.6 million.

On the 15th (local time), Unfolded announced on X (formerly Twitter), "OKX has permanently burned 279 million OKB worth $2.6 million."

Previously, OKX announced that it had fixed the supply of OKB at 21 million tokens.

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Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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