OKX Chain optimizes token economics, and the total supply of OKT will be reduced to 21 million

2023-02-24 18:17:42
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ChainCatcher news, OKX Chain announced its plan to optimize token economics for sustainability and growth by reducing the total supply of its OKT token to 21 million by 2028. This move aims to create a more sustainable token economy and maximize performance with low gas fees, enabling developers to scale easily.

OKX Chain generates a reward of 0.5 OKT per block, which will be adjusted to 0.125 OKT per block when the block height reaches 18,123,000 (on March 18). OKX Chain will continue to halve the block reward every nine months until the circulating supply reaches 21 million OKT by 2028. (source link)

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