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OKB Destruction and Upgrade Specific Schedule: Destruction on August 15, Smart Contract Upgrade on August 18

Summary: According to an announcement from OKX, the specific schedule for completing the PP upgrade of X Layer and launching the OKB Gas Token economic model optimization is as follows (Beijing time): August 13, 2:10 PM: OKT trading on OKX platform will stop, OKTChain will continue to process on-chain transactions August 13, 3:00 PM: OKX platform ...

According to an announcement from OKX, the specific schedule for completing the PP upgrade of X Layer and launching the OKB Gas Token economic model optimization is as follows (Beijing time):

August 13, 2:10 PM: OKT trading on OKX platform will stop, OKTChain will continue to process on-chain transactions

August 13, 3:00 PM: OKX platform will stop OKB withdrawals to ETH L1

August 15, 10:00 AM: Platform will automatically convert OKT in user accounts to OKB according to rules

August 15, 2:00 PM: OKB will be destroyed in one go, and smart contract will be called for on-chain destruction

August 18, 2:00 PM: Upgrade OKB Smart Contract, removing issuance and destruction functions

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