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:
The burned OKB record is as follows:
|Burned Round||Burn Report||Period|
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:
Telegram (English): https://t.me/OKXOfficial_English