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)
Since May 4, 2019, we implemented Buy-back & Burn for the currently circulating 300 million OKB. 30% of the spot market transaction fee was used to buy back OKB from the market and being sent to a black-hole address to burn.
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.
Following the launch of the OKChain testnet in February, we decided to burn the 700 million unissued OKB and promised no additional OKB will be issued in the future. Since then, OKB has entered absolute deflation and became the world's first fully circulating platform token.
The black-hole address for coin burn is as follows:
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
As of today, OKB has built a total of 15 internal privileges based on the OKX platform for millions of users around the world. As an OKB holder, you can enjoy the following privileges when you trade on OKX:
|OKB Platform Privileges|
|1||Trading Fee Discounts||2||OKX Jumpstart|
|3||OKB Savings||4||Convert Small balances to OKB|
|5||OKB Margin Trading (3X leverage)||6||OKB Buy-Back and Burning|
|7||Designated Merchants||8||OKB Trading|
|9||OKChain Ecological Benefits||10||OKX DEX Trading|
|11||C2C Lending||12||Global Partners|
|15||Benefits from Tokens Listing|
OKB connects every user: https://www.OKX.com/okb
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|
|Support OKB Saving Service||Support OKB Saving Service||Support OKB Saving Service||Support OKB purchase (Euro, US, Ruble)||Support OKB Saving and trading|
|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|
|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|
|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|
|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 [email protected] or Telegram (Chinese): https://t.me/OKExGroup_Chinese / Telegram (English): https://t.me/OKExOfficial_English.
Sep 2, 2020 (UTC)