A progress report for OKC development in the month of January 2021
OKC is an open-source, trading-focused blockchain developed by OKX that can be used as a platform for decentralized applications, including decentralized exchanges. For more detailed information, check out our .
January 2021 marked an important milestone for OKC as the mainnet was officially launched on Jan. 15. To offer users a better liquidity-mining experience, the Swap and Farm modules of OKC were launched on Jan. 22.
The OKC ecosystem has seen rapid growth and has onboarded 10 new digital wallets and security-related partners.
- OKC upgraded to v0.16.3
- OKC-go-SDK updated to v0.16.0
- OKC-java-SDK updated to v0.16.3
OKC’s mainnet successfully launched
OKC’s mainnet was successfully launched on Jan. 15 at 12:00 pm UTC.
The mainnet was upgraded to v0.16.3 on Jan. 27. The current version of the mainnet has fixed a bug pertaining to the reporting of unusual transactions, and it has added a function to prohibit fund transfers to the system contract.
There are 21 validators and 16 candidate nodes on the network. Validators such as ChainUP Labs, Nebulous Nova and X-DUCK launched innovation funds to foster the growth of the OKC ecosystem. Meanwhile, DappBirds and Cosmostation created voting tools for OKC validator elections.
The full list of validators and candidate nodes for OKC’s mainnet may be found here. To apply to be an OKC validator and ecosystem partner, please submit your application to [email protected].
Ethereum Virtual Machine available to OKC testnet developers
The OKC testnet was upgraded to v0.16.3 and enabled Ethereum Virtual Machines for developers.
The EVM smart contract module in the OKC testnet completed its first round of stress-testing. The module will begin the second round of stress-testing in February.
OKC launched its Farm and Swap modules
The Farm and Swap modules of OKC were launched successfully on Jan. 22.
OKX Farm launched its first white-listed liquidity pool, OKT/USDT, on Jan. 26. Users supplied OKT/USDT LP tokens to mine OKT. The total value staked in the OKT/USDT pool surpassed $100 million with a 359.55% APY.
There were five white-listed pools in OKX Farm as of late January — namely OKB/USDT, OKB/OKT, OKT/USDT, BTCK/OKT and ETHK/OKT. Users can stake their corresponding LP tokens to mine OKT as rewards.
For OKX Swap, there were 12 trading pairs with a combined total asset value of over $200 million. The Swap module also added the white-list pool functionality in its API.
OKC onboarded 10 new partners
Following the mainnet launch on Jan. 15, the OKC ecosystem grew rapidly — onboarding new digital wallets and security partners.
For digital wallets, the OKC team announced new strategic partnerships with BitKeep, TokenPocket and Cosmostation. The partnerships enable users to connect their digital wallets directly to the OKC mainnet, OKX DEX and OKX Swap. OKC has onboarded nine digital wallet partners to date.
Apart from digital wallets, the OKC team onboarded seven new security partners, such as SlowMist, PeckShield and Certik.
Official OKC website: https://okex.com/okexchain
Official website for OKX DEX: /dex/spot/trade
Official website for OKX Swap: /dex/swap
Official website for OKX Farm: /dex/farm
OKC technical community: https://t.me/okexchaintech
OKC documentation: https://okexchain-docs.readthedocs.io/en/latest/