X @Wu Blockchain
Wu Blockchain·2025-08-13 07:04
Strategic Upgrade & Tokenomics - OKX announced a strategic upgrade to X Layer [1] - OKB smart contract will be upgraded to remove minting and manual burns, fixing total supply at 21 million [1] - OKTChain will be phased out, with OKT swapped for OKB based on the July 13–Aug 12, 2025 average closing price [1] - Permanently burn 65256712.097 OKB from historical buybacks and reserves [1] Market Reaction - Following the news, OKB briefly hit an all-time high of $134 before retreating to around $129 [1]