Original | Odaily Planet Daily ( @OdailyChina )

Author | Asher ( @Asher_0210 )

At 8:15 PM tonight, OKX officially announced that the OKX Wallet has officially launched its first X Launch event on OKX Boost. This event features Linea (LINEA) . Developed and operated by ConsenSys, Linea is a zkEVM-based Ethereum Layer 2 scaling solution compatible with Ethereum development tools and smart contracts, offering low transaction costs and Ethereum-level security. Eligible users will be able to participate in a prize pool of 162,022,478 LINEA tokens.

Below, Odaily Planet Daily will give you a comprehensive understanding of the OKX Boost event.

OKX Wallet launches OKX Boost, a product designed to connect real users with innovative projects

On September 3rd, OKX Wallet announced the official launch of the OKX Boost product, designed to efficiently connect innovative on-chain projects with real users. This product will provide users of the OKX DEX aggregator with the opportunity to participate in innovative projects firsthand, while also helping projects gain exposure to real users. This upgrade integrates other promotional formats, including Giveaway, Cryptopedia, and the Trading Arena, into three primary models: X Launch, Giveaway, and Trading Competition. The product will continuously optimize the user experience while maintaining fairness and transparency.

In terms of functional design, OKX Boost introduces two indicators: Boost trading volume and Boost balance to determine user participation eligibility and potential rewards. At the same time, it implements a fully decentralized reward distribution mechanism, ensuring that the fund collection and distribution process operates at the ownerless contract level. The contract code has been open sourced.

In addition, OKX founder and CEO Star stated in a post on the X platform that OKX Boost serves as a channel for high-quality projects to join the OKX DEX and also provides rewards for genuine DEX users. OKX will select eligible Boost projects based on real DEX data and list them on the CEX spot and derivatives markets. The team always encourages real trading, does not support or endorse any fraudulent trading, and does not guarantee returns from any non-real trading.

Detailed explanation of Boost calculation rules

Boost data comprehensively reflects a user's trading activity on OKX DEX (Boost trading volume) and asset holdings in the OKX Wallet (Boost balance) over the past 15 days. These two metrics will be used in various OKX Boost promotions, influencing user eligibility and reward amounts. (OKX Boost data for the previous day will be updated daily at 00:00 UTC).

Boost trading volume calculation rules

Boost Volume measures user trading volume on Solana and EVM-compatible networks through the OKX DEX aggregator. Trading pairs are grouped into categories, each receiving a different volume bonus as follows (Boost Volume = Trading Volume × Multiplier). Category 1 tokens include mainstream mainnet coins, stablecoins, and liquidity staking tokens; Category 2 tokens include large-cap mainstream tokens like UNI and DOGE (excluding Category 1 tokens); and Other: All tokens except Category 1 and Category 2 (click here for a detailed breakdown of tokens: https://web3.okx.com/zh-hans/dex-fees/tokens ):

• Category 1 <> Category 2: 0.25 times;
• Category 2 <> Category 2: 0.25 times;
• Category 1 <> Other Tokens: 1x;
• Category 2 <> Other tokens: 1x;
• Category 1 <> Category 1: Not included;
• Other Tokens<> Other Tokens: Not counted.

Example of specific token classification

Boost Balance Calculation Rules

Boost Balance refers to the daily average balance of Category 1 tokens held in the OKX Wallet, excluding DeFi and NFT holdings. The statistical scope may change in the future, and more trusted currencies will be included.

How to check whether I meet the participation eligibility requirements?

OKX Boost's first X Launch event project is Linea. Participation requirements include a minimum Boost balance of $10 and a minimum Boost transaction volume of $32 (statistical period: August 24 to September 7).

Visit the web version of the event website (link: https://web3.okx.com/zh-hans/boost/x-launch/linea ), connect your wallet, and check if you have any free investment qualifications (if you have not created an OKX Wallet, click here to jump to the application: https://web3.okx.com/ ).

The flow chart for participating in the activity on mobile phone is as follows:

If not, you can refer to Linea's participation requirements to determine the currency, transaction volume and other indicators to be traded using OKX Wallet to meet the requirements for participating in the second phase of the project.

Related content

Linea Airdrop Inquiry is Now Open, Here are a Few Things You Must Know Before TGE