OKX Wallet Product Lead Zakk Wang: X Layer Has Advanced to Phase Three, Incentive Fund to Be Implemented in the Future

According to Odaily, Zakk Wang, Product Lead of OKX Wallet, stated at the New Year's Eve dinner event hosted by OKX that X Layer is a crucial cornerstone for OKX Web3's continuous advancement and must fulfill its historical responsibility.

The development of X Layer will be advanced in three steps: The first step is to solidify the underlying technology, ensuring high performance, stability, and low costs over an extended period, with transaction Gas being almost free, and TPS and block speed maintained at high levels. The second step involves infrastructure, DeFi, and asset development. While introducing Uniswap, priority will be given to building a stable and robust Swap and DeFi ecosystem, continuously increasing on-chain TVL, supporting high-frequency, common use cases such as Staking, avoiding ecosystem homogenization, and improving payment infrastructure, including capabilities like cards and X402. All related developments will revolve around X Layer. Currently, the overall progress has advanced to the third phase. OKX will begin implementing the previously announced incentive funds, starting with the X Layer Hackathon targeting communities and universities, to promote the implementation of more projects that genuinely contribute to industry development.