OKX Burns 279 Million OKB Tokens Worth $26 Billion in Record Supply Cut

OKX has permanently removed 278,999,999 OKB tokens from circulation in an on-chain transaction worth more than $26 billion at current prices. Executed on Friday, it marks one of the most significant token burns in crypto history and caps OKB’s total supply at 21 million. Historic Burn and Supply Cap OKX burned over 65 million OKB tokens from buybacks and treasury reserves. The burn reduced the total supply from 300 million to 21 million tokens source: https://beincrypto.com/okx-burns-279-million-okb-tokens-worth-26-billion/