OKB Ecological Construction Bi-Monthly Report (March-April 2021)

特邀专栏作者

2021-05-08 12:28 (UTC+8)

This article is about 1273 words, reading the full article takes about 2 minutes

In the past two months, with the support of all partners, OKB has continued to carry out various ecological construction work, and the market performance has gradually strengthened, and the market value has continued to rise and break new highs.

AI Summary

Expand

Hello, OKB partners:

secondary title

The highest point of OKB in April was 24.743 USDT, with a bi-monthly increase of 106.2%

image description

OKB price chart from March to April

This month, OKB continued its strong growth trend and reached a record high of 44.17USDT on May 3. This is the result of OKB's continuous ecological construction, and it is also the user's affirmation of OKB's future prospects and ecological value empowerment.

image description

secondary title

OKB’s 11th repurchase and burn was successfully completed

At the beginning of March, OKB completed the 11th repurchase and burning. A total of 2,006,412.69 OKB were repurchased and destroyed in the secondary market, worth about 35.6 million US dollars, which once again created a new record in the history of OKB repurchase and burning.

Starting from May 4, 2019, for the 300 million OKB in circulation in the market, Ouyi OKEx will take out 30% of the currency transaction fee to recover OKB and transfer it to the black hole address for destruction. After the destruction is completed, the community and The user publicizes the destruction record.

After 11 rounds of repurchase and burning, the cumulative number of OKB destroyed is 30,555,128.24, and the current circulation is 269,444,871.76.

image description

secondary title

Detailed explanation of OKB ecological application scenarios, CEO analysis of OKB

image description

OKB ecological scene

In addition, after OKB reached the highest price in history on April 12, OKEx CEO Jay Hao gave a detailed explanation on OKB's current situation, application scenarios, and repurchase and burning situation on the official Twitter and Weibo to help users understand the OKB market. And OKB's future ecological construction layout for understanding:

He said: "My understanding of the impact of the Fed's policy is this. The Fed's interest rate hike means tightening market liquidity. Part of the liquidity will return to the bank, resulting in a decrease in the amount of funds. Therefore, raising interest rates is bad for the stock market, and vice versa. But in reality The situation is far more complicated than this, and there are many influencing factors. Don't rigidly understand that cutting interest rates is good for the stock market, and raising interest rates is bad for the stock market.
Powell is concerned about the rise in interest rates on U.S. treasury bonds, but he has not revealed any action yet. His speech did not meet market expectations, and the market was disappointed, which had a negative impact on major assets, such as the stock market and commodities.
With the development of the blockchain, digital assets are now becoming more and more one of the major asset classes. Inevitably affected by the Fed's policies, Bitcoin fell by $50,000 again, with a two-day drop of about 7%. OKB and OKT When the overall performance is better than that of the market, the anti-fall effect is still good, and over-rising anti-fall is also an attribute of high-quality coins. "

Every step of OKB is inseparable from the support and participation of the majority of users. In the new year, we hope that more like-minded partners will join OKB's ecological construction and help OKB reach a new level.

If you have any comments and suggestions about OKB and ecology, you can send an email to okb@okex.com to contact us.

May 2021

OKX

Welcome to Join Odaily Official Community