OKB Burn and Upgrade Specific Timeline: Burn on August 15th, Smart Contract Upgrade on August 18th
BlockBeats News, August 13, according to an official announcement from OKX, the specific timetable (Beijing Time) for the completion of X Layer's PP upgrade and the launch of the OKB Gas Token economic model optimization is as follows:
August 13, 2:10 PM: OKT trading will be suspended on the OKX trading platform, while OKTChain will continue to produce blocks and process on-chain transactions as usual
August 13, 3:00 PM: OKX trading platform will stop OKB withdrawals to ETH L1
August 15, 10:00 AM: The platform will automatically convert users' OKT holdings to OKB according to the rules
August 15, 2:00 PM: One-time destruction of OKB, followed by on-chain burning through a smart contract
August 18, 2:00 PM: Upgrade of the OKB Smart Contract to remove minting and burning functionalities
You may also like

ETH Holders Might Need More Patience for Fresh All-Time Highs
As of today, August 15, 2025, many Ether enthusiasts are eagerly watching the charts, hoping for a breakthrough…

Why Bitcoin’s Record High Evaporated in Hours: Unpacking the $124,000 to $117,500 Plunge on August 15, 2025
Bitcoin’s dramatic swing from a peak of $124,000 to a low of $117,500 in mere hours has left…

First US Staked Crypto ETF Hits the Market Today on August 15, 2025, Delivering Solana Exposure and Staking Rewards
Imagine stepping into a new era where your investments in cryptocurrency not only track the price of a…

DOJ Indicts Four North Koreans for $1 Million Crypto Heist from Blockchain Firm on August 15, 2025
As of today, August 15, 2025, the crypto market shows Bitcoin trading at $58,320 with a 0.85% gain,…

US Senate Approves Trump’s Budget Bill, Skipping Key Crypto Tax Reforms on August 15, 2025
As of today, August 15, 2025, the landscape of cryptocurrency regulation in the United States continues to evolve,…
Gainers
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:[email protected]
VIP Services:[email protected]