okexchain-begins-four-stage-mainnet-launch

OKExChain begins four stage mainnet launch

Cryptocurrency train and derivatives replace firm OKEx, today launched the open of the OKExChain mainnet. After extra than 10 iterations on the testnet and ongoing vogue, the mainnet vision is now coming to fruition.

OKExChain could be rolled out in four stages, beginning with the Genesis stage from December 31, 2020, to January 13, 2021, adopted by the 2nd stage, which will tackle mainnet steadiness sorting out. In stage three, the transaction purpose could be enabled, and users can withdraw their OKT from OKEx to OKExChain. For the length of the fourth and closing segment, the tidy contract digital machine could be enabled, and OKExChain could be like minded with all projects on Ethereum with the principle network officially fully launched.

Since its preliminary testnet open, OKExChain has considered essential upgrades, including committing to open-offer, EVM tidy contract vogue, iterations to lower trading charges, and partnerships with projects including Waves, Achain, and DoraHacks. OKExChain has also expanded its ecosystem of decentralized apps thru continued vogue and a highly a success hackathon.

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“2020 has been a 300 and sixty five days of unbelievable transformation and, while we private witnessed worthy struggling caused by the pandemic, we private also considered trim growth in the cryptocurrency scheme. For OKEx, it has been a 300 and sixty five days of reflection and studying, and we’re overjoyed to open OKExChain to the mainnet, furthering the monetary machine of the long run.”


– OKEx CEO, Jay Hao

Minting OKT thru OKEx Jumpstart

Token minting of OKExChain’s native token, OKT, will delivery up at 4: 00 pm UTC on December 31, 2020, and cease at 16: 00 UTC on January 13, 2020, with an preliminary issuance of 10 million. OKT could be issued proportionally to OKB holders through OKEx Jumpstart. OKB holders can stake OKB to narrate OKT in return and stake and unstake at any time.

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