On August 13th, X Layer's official Twitter account announced, after nearly four months, an upgrade to the OKB economic model. OKB will become X Layer's sole native gas token. OKX will conduct a one-time burn of 65,256,712.097 OKB from historical repurchases and reserves, and will use a smart contract to automatically burn all OKB transferred to a blackhole address. Once this operation is complete, manual OKB burns will cease, and the total OKB supply will be fixed at 21 million. OKB subsequently surged to $142.88, briefly increasing by as much as 208%, before falling back to as low as 88.1 USDT. As of press time, OKB is currently trading at 111.71 USDT.

As previously reported , X Layer network on-chain assets have grown by $84.89 million over the past seven days, reaching a record high. On August 16, X Layer's transaction volume reached 2.05 million, surpassing Ethereum for the first time in history. Furthermore, user operations per second (UOPS) reached 19.23 over the past day, an increase of over 1,000%.

After the X Layer chain's main currency OKB skyrocketed, on-chain P-junk will set their sights on Meme on X Layer. After all, OKB has just tripled, and buying Meme at the bottom could bring tenfold or even a hundredfold profit.

In this article, Odaily Planet Daily will introduce some basic common tools and corresponding rules for playing X Layer.

Launch Pad:

DYORSWAP :

DYORSWAP is the first launch pad to support X Layer. According to the official Twitter introduction, DYORSWAP is a multi-chain decentralized exchange. DYORSWAP supports multiple chains such as Mode, Unichain, Ink, Soneium, and X Layer. During the initial revival of X Layer, DYORSWAP contracted all Meme launches.

The current highest-valued token on the chain, XDOG, was also launched on this platform. Its market value peaked at $16 million and has now fallen back to $8 million.

At the same time, DYORSWAP is also the first platform with the internal Bonding Curve function. Unlike the MINT form of other platforms, DYORSWAP's internal market can be freely bought and sold, which is more suitable for PVP of hot markets.

However, DYORSWAP's UI and optimization are a headache. It is often difficult to click in, and after clicking in, you need to refresh immediately to trade. Sometimes you can even see the undeleted PancakeSwap code.

Okay.fun :

Yesterday morning, Okay.fun was launched on X Layer. Perhaps because DYORSWAP was not satisfactory, it triggered fomo as soon as it went online. The market value of the token OKAY supported by the platform once rose to a maximum of US$4.5 million, and has now fallen back to around US$2 million.

According to the official Twitter:

Total token supply: 1 billion;

Mint quantity: 800 million;

Mint initial market capitalization: 100 OKB;

Market capitalization after Mint launch: 200 OKB.

1 million tokens can be minted each time, and each wallet can mint multiple times. 0.1 OKB will be collected for each mint, and a refund can be made at any time before the mint is completed. After the mint is completed, 40 OKB + 200 million tokens will be added to the liquidity of PotatoSwap.

In addition, the founder of this platform is Causeway Bay Happy Brother ( @bazingahappy ), who is worthy of attention from participating users.

X MINT :

According to the official Twitter:

Mint:

15 minutes before the inner market: everyone is the same as Mint;

After 15 minutes: Enter Bonding Curve dynamic pricing, and the price increases with the minting progress;

Refundable at any time (only the mining fee is charged, no additional fees);

The limit for a single mint during the internal market phase is 1% of the total raised funds;

Creator incentives:

Within 60 days after the token is launched, creators can receive a 0.5% transaction tax reward every day;

Launch completed:

Liquidity is automatically migrated to PotatoSwap;

LP tokens are permanently destroyed (entered into a black hole);

All tokens issued through X MINT have contract addresses ending with 8888.

Its first launched token, XMINT, reached a high of $1.1 million and has now fallen back to $500,000.

OK MEME :

OK MEME was launched yesterday. Like DYORSWAP, it supports the internal Bonding Curve. Its first token ABC had a peak market value of US$400,000, but has now fallen back to US$200,000. The platform's popularity has decreased.

SWAP:

PotatoSwap :

PotatoSwap provides a liquidity pool for X Layer. Because the liquidity pool can be recognized by OKX Wallet, users can trade Meme coins with its pool directly on OKX Wallet. Therefore, many launch platforms choose to add liquidity in PotatoSwap after launch.

In addition, PotatoSwap also plans to launch its own launch pad, which is expected to be very popular.

DYORSWAP :

If the tokens launched in DYORSWAP cannot be traded in DEX, you may want to try using the official SWAP.

Market viewing tools:

Ave.ai :

Ave.ai now supports X Layer on-chain data query across all its terminals. Users of Ave.ai desktop (PC) and Android mobile terminals can trade X Layer on-chain assets directly within the platform.

In addition, you can also conduct X Layer external transactions through Ave.ai’s official Telegram robot @AveSniperBot.

Ave.ai is currently the only DEX that can see the X Layer internal K-line (although it cannot be traded and can only be accessed through DYORSWAP), which is very helpful for PVP.

OKX Web 3 :

OKX Web 3 (DEX) currently only supports off-chain transactions. As OKX's official DEX, its convenience lies in the seamless switching of wallets for transactions. Furthermore, OKX Web 3 recently launched an automatic confirmation feature on the web. Once this feature is enabled, users can conduct transactions on the web without having to reconfirm within their wallet.

Conclusion

The X Layer ecosystem is still in its early stages, and trading is very old-fashioned. It is not possible to copy orders, and there is no internal trading bot.

OKX has not officially supported this meme trend, nor endorsed any of the various launch platforms. X Layer has been experiencing a slight downturn in the past two days, and users still need to be cautious.

Remember, when the market is falling, your group members may tell you at any time: "Brother, X Layer, I'm running away. All good things must come to an end. This feast has reached its final moments. The delicacies have long been eaten, leaving only the leftovers and the mess. The smart ones have already eaten their fill and quietly left, but you are still reluctant to leave, fantasizing about the next delicious and sumptuous main course, but in the end you are faced with the huge bill for this feast. Someone always has to pay for the feast, and this time it's you."