According to ChainCatcher news, monitored by Lookonchain, the OKX wallet transferred 12.13 million OKB (approximately 552 million USD) to the buyback and burn wallet today. The OKX team conducts a buyback and burn activity every three months, with a total of 104.32 million OKB burned (35% of the maximum total supply).

ChainCatcher news, according to Spot On Chain monitoring, as part of the ongoing 24th burn event, the OKX buyback and burn wallet has received 5.73 million OKB (worth $259 million) in the past 2 hours.Since May 15, 2019, the OKX team has repurchased a total of 97.92 million OKB (currently worth $4.42 billion), with a burn occurring every 3 months.

ChainCatcher news, the decentralized identity protocol SPACE ID tweeted that the snapshot voting for DAO IDP3 has now begun. The IDP3 proposal suggests using 50% of the total revenue generated by the SPACE ID platform from March 23 to June 23 for the buyback and destruction of ID tokens; the remaining 50% will be allocated to the DAO treasury, managed by all eligible ID token holders.Voting will close on June 26 at 9:20 PM, and the current approval rate is 99.4%. (Source link)

ChainCatcher news, OKX announced the completion of the nineteenth OKB buyback and burn. This buyback and burn started on December 1, 2022, and ended on February 28, 2023. A total of 5,183,976.43 OKB were repurchased and burned from the secondary market, with a value of approximately 177 million USD based on the 90-day average price.As of now, the total number of OKB burned is 58,545,001.93, and the current circulating supply of OKB is 241,454,998.07. (source link)

ChainCatcher news, the stablecoin project Helio Protocol in the BNB Chain ecosystem has announced on social media that it has initiated the first batch of HAY buyback and burn program. However, the original plan to complete the buyback and burn of excess HAY by December 6 to restore the HAY price to peg with the US dollar or at least close to 1 dollar may not be achievable.Additionally, once the plan to restore the peg to 1 dollar is completed, Helio Protocol will share all relevant information and addresses with the community. Helio Protocol is communicating directly with all partners and has decided to take a more cautious approach, so it may take a little more time.According to data from CoinMarketCap, as of now, the price of HAY is 0.88 dollars. (Source link)