OKB Buy-Back & Burn Report (June 1 - August 31, 2020)

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OKX

Dear valued customers,

OKB has launched the 9th round of Buy-back & Burn between June 1 and August 31, 2020. The amount of OKB bought back and burned was 3,816,358.49 OKB, equivalent to USD 21,000,000. (According to the OKB price on September 2, 2020)

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 already burned a total of 24,487,942.07 OKB, the current OKB in circulation is 275,512,057.93 OKB.

The black-hole address for coin burn is as follows:

https://etherscan.io/token/0x75231f58b43240c9718dd58b4967c5114342a86c?a=0xff1ee8604f9ec9c3bb292633bb939321ae861b30

In order to continuously benefit our millions of users, OKB has joined hands with dozens of internal and external businesses to foster the application of OKB on the OKX platform and global ecological partners. OKB's ecological construction continue to expand to cover more areas, and has benefited long-term OKB users in many ways.

1. Expansion of Platform Privileges

  1. Trading fee discounts
  2. OKX Jumpstart
  3. OKB Savings
  4. OKB Buy-Back & Burn

2. Diverse Ecosystem Applications

Currently,OKB has developed 76 ecological application scenarios worldwide, covering payment,transactions,wallets, loan and financial management,technical security, tourism, life services, entertainment, social networking, electronic contracts, and C2C services.

OKB holders can enjoy the first-class security services, mortgage lending services, various wallet services, online and offline shopping payment services, hotel reservation services, etc. through OKB.

As a distinguished holder of OKB, you enjoy global services below
Security Service Slow Mist Beosin CertiK Safeguard  
Support OKB to pay security service Support OKB to pay security service Support OKB to pay security service Code Audit  
Collateral & Loan Molecular Future Constant LinkEye    
Support OKB in Collateral & Loan Support OKB in Collateral & Loan Support OKB in Collateral & Loan    
Wallet Service Ledger Vault Bitpie Mirthril ZeLCore Coinomi
Support OKB Saving Service Support OKB Saving Service Support OKB Saving Service Support OKB Saving Service 168 Fiat Trading and Storage Services
Kcash Cobo Dapp Pocket Infinito Wallet Gurada
Support OKB Saving Service Support OKB Saving Service Support OKB Saving Service Support OKB Saving Service Support OKB Saving and trading
Blocto Cool wallet HOO Mercuryo BuyUcoin
Support OKB Saving Service Support OKB Saving Service Support OKB Saving Service Support OKB purchase (Euro, US, Ruble) Support OKB Saving and trading
MeconCash Hyperpay Coinify Ellipal Turestee
Withdraw Korean from ATM with OKB Support OKB Saving Service OKB Payment Provided by 120,000 Merchants Worldwide Support OKB Saving and buying Support OKB Saving and trading
Transaction Maxhi X SWFT Blockchain Dimension Dappbirds MyWish
Support OKB to purchase music copyright Launch OKB on Cross-chain Flash Exchange and Transaction-Aggregation Platform Support OKB to Send Red Envelopes More than 4000 Dapps to support OKB Smart Contract Provided by MyWish
Linka Enjin Saturn Network Aeron FishChain
Use OKB to Complete Offline Store Payment Exchange, Storage and Use of Game Assets DEX and Contract Trading Buy Aeronautical Products on Aeron Buy game props
Charge & Shopping Cryptomall QLC Chain(Q Wallet) TrueChain LITEX BiYong
Support OKB to Purchase millions of Commodities Support OKB Telephone Fee Payment Service Hundreds of offline life service merchants support OKB payment Support OKB Telephone Fee Payment Service Support OKB Deposits Service
MixMarvel BetProtocol Flipsid    
Support OKB for game recharge Support OKB for game recharge Traing Data Query and Analysis Service    
Online Payment BitTorrent Tripio BITKAN Cercle Pay AIchemy
Support OKB Purchase Content Service Support OKB to book 450,000 hotels around the world. Support OKB purchase content service Use OKB to make payment to the online and offline partner merchants Support OKB to make global payments
Firmachain        
Use OKB Payment to Sign Block Chain Electronic Contract        

3. Fiat trading channels

As of today, OKB has opened 9 fiat trading channels, including Euro, Ruble, Korean won, Vietnamese dong, and Indonesian rupee. More than 60 trading platforms including bitfinex and bitmax added OKB trading pairs, covering 154 countries and regions worldwide.

OKB team will continue to cultivate a strong connection with its global supporters, while listening to their feedback for future improvements. OKB is committed to offering first-class services to uses and sharing the benefits of blockchain industry development with all partners.

Should you have any comments or suggestions, please feel free to contact us at okb@OKX.com or Telegram (English): https://t.me/OKXOfficial_English.

Regards,
OKX
Sep 2, 2020 (UTC)

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