Ouyi OKX completed the 20th OKB repurchase and burning, with a total burning value of about 258 million US dollars

Ouyi OKX announced the completion of the 20th OKB repurchase and destruction. This repurchase started from March 1, 2023 to May 31, 2023. A total of 5,497,312.77 OKB were repurchased and destroyed for the secondary market. The value is about 258 million US dollars (according to the 90-day average price), which has been transferred to the black hole address. Up to now, OKX has burnt a total of 64,042,314.70 OKB, and the current circulation of OKB is 235,957,685.30. It is reported that starting from May 4, 2019, Ouyi OKX will repurchase OKB with a total issuance of 300 million pieces every three months according to the current market and operating conditions and transfer them to the black hole address for complete destruction.