OKX Executes Major $OKB Buy-Back and Burn | Flash News Detail | Blockchain.News
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6/12/2024 12:22:17 PM

OKX Executes Major $OKB Buy-Back and Burn

OKX Executes Major $OKB Buy-Back and Burn

According to @lookonchain, the @okx wallet has transferred 12.13 million $OKB, equivalent to $552 million, to its Buy-Back and Burn wallet today. OKX conducts these buy-back and burn operations every three months, having burned a total of 104.32 million $OKB, which constitutes 35% of the maximum total supply. This periodic reduction in supply can potentially increase the value of the remaining tokens.

Source

Lookonchain

@lookonchain

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