OKB Buy-Back & Burn Report (2023.03.01–2023.5.31)

Date de publication : 9 juin 2023Date de mise à jour : 10 janv. 2024Lecture de 3 min

The OKB team commenced the 20th round of its Buy-Back & Burn program between March 1st, 2023 and May, 31st, 2023. In this round, the total number of OKB bought back and burned from the secondary market was 5,497,312.77 OKB — equivalent to around $258 Million (Calculated at a 90-day average price).

The OKB Buy-Back & Burn program was initially launched on May 4, 2019, OKX started to buy back OKB tokens from the original supply of 300,000,000 OKB every 3 months according to the seasonal market and operating performance — which were subsequently sent to a burning address that nobody can access.

As of today, we have burned a total of 64,042,314.70 OKB. The current OKB in circulation is 235,957,685.30 OKB.

The burning address for the token burn is as follows:
https://www.oklink.com/eth/address/0xff1ee8604f9ec9c3bb292633bb939321ae861b30

The burned OKB record is as follows:

Burned Round Burn Report Period
20th 5,497,312.77 OKB 2023.03.01–2023.05.31
19th 5,183,976.43 OKB 2022.12.01–2023.2.28
18th 4,988,637.56 OKB 2022.9.01-2022.11.30
17th 4,760,479.82 OKB 2022.6.01-2022.8.31
16th 3,755,642.45 OKB 2022.03.01-2022.5.31
15th 2,536,277.49 OKB 2021.12.01-2022.02.28
14th 2,435,426.87 OKB 2021.9.1-2021.11.30
13th 2,320,679.53 OKB 2021.6.1-2021.8.31
12th 2,008,753.54 OKB 2021.3.1-2021.5.31
11th 2,006,412.69 OKB 2020.12.1-2021.2.28
10th 4,060,773.48 OKB 2020.9.1-2020.11.30
9th 3,816,358.49 OKB 2020.6.1-2020.8.31
8th 3,509,874.52 OKB 2020.3.1-2020.5.31
7th 3,183,344.61 OKB 2019.12.1-2020.2.29
6th 5,945,273.91 OKB 2019.9.1-2019.11.30
5th 6,104,047.53 OKB 2019.6.1-2019.8.31
4th 412,753.26 OKB 2019.5.25-2019.5.31
3rd 452,741.79 OKB 2019.5.18-2019.5.24
2nd 557,364.59 OKB 2019.5.11-2019.5.17
1st 506,183.39 OKB 2019.5.4-2019.5.10

The OKB team will continue to cultivate a strong connection with its global supporters while listening to their feedback for future improvements. It is committed to offering better services to users.If you have any comments or suggestions, please feel free to contact us:
Email: okb@okx.com
Telegram (English): https://t.me/OKXOfficial_English

Best regards
OKB Team
June, 2023