CandleFocus Bitcoin Exchange OKX Announces 26th Burn of Its Native Token!
2024-12-06
Author: Content Editor
OKX has completed its 26th OKB Burn event, permanently removing 18,488,690.46 OKB tokens from circulation. This is part of OKX's efforts to maintain the token's deflation mechanism. Since the initiation of the burn, a total of 140,146,792.15 OKB tokens have been permanently removed. OKB is the native utility token of the OKX ecosystem, providing benefits such as low transaction fees and participation in special events. This burn demonstrates OKX's commitment to its tokenomics strategy and creating long-term value for OKB holders and the community.
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