When did the okb get destroyed (how often does the okb get destroyed)

When did the okb get destroyed (how often does the okb get destroyed)

When did okb destroy?

According to the OKEx announcement, since June 1, 2019 (September 30, 2018), a total of 1 billion OKBs have been repurchased and locked in, with a total of approximately $1.5 billion currently accumulated According to previous reports, OKChain Test Network will officially go live on the main network by the end of August 2020, and will complete the development of functions such as on chain voting and node election Meanwhile, in the next two months, the OKChain testing network will be used for full process security audits and ecological expansion planning construction

How often should OKB be destroyed

According to official information from OKB, the current circulation of OKB is 200 million pieces, accounting for 10% of the total. According to the plan, the destruction of 100 million pieces within the next year will be carried out once a year; If one day the amount is raised again to 50000, it will be reduced by 30 million It is reported that OKEx has been exploring repurchase and dividend models since August 2018, and continues to promote the implementation and application of projects. Since the first quarter of 2018, the OKChain testing network has completed support for important nodes in the ecosystem, generating nearly $1 billion in new currencies and over 2000 transactions.

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