OKB Burn History: In 2020, 70% of the uncirculated tokens were burned, with a total of 213 million tokens burned over 28 times in 6 years.

BlockBeats reported that on August 13, according to data recorded by BlockBeats: In 2018, the total amount of OKB announced at the time of issuance was 1 billion, with an initial issuance of 300 million. On February 10, 2020, OKX (then known as OKEx) announced the launch of the OKChain Testnet and destroyed 700 million uncirculated OKB. At the time of the OKChain Testnet launch, 13,978,364 OKB had already been destroyed, with a circulating supply of 286,021,636. OKB rose 36.5% that day, reaching a peak of $7.4 within 6 days, a total increase of about 90%. Since May 4, 2019, OKB has been destroyed a total of 28 times, with a cumulative destruction of 213,743,286. BlockBeats previously reported that OKX announced today that it will destroy 65.25 million OKB from historical repurchases and reserves in one go, fixing the total issuance at 21 million.

OKB60.59%
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