On August 13, according to the announcement released by CEX, the specific timetable for the completion of the PP upgrade and the launch of the OKB Gas Token economic model optimization for X Layer (Beijing Time) is as follows: August 13, 2:10 PM: OKT will stop trading on the CEX platform, and OKTChain will continue to produce blocks and process on-chain transactions normally. August 13, 3:00 PM: The CEX platform will stop allowing OKB withdrawals to ETH. August 15, 10:00 AM: The platform will automatically exchange OKT in users' accounts for OKB according to the rules. August 15, 2:00 PM: OKB will be destroyed in a one-time event, and a smart contract will be called for on-chain destruction. August 18, 2:00 PM: Upgrade the OKB Smart Contract to remove the functions of issuance and destruction.
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OKB burn and upgrade schedule: burn on August 15, upgrade smart contracts on August 18.
On August 13, according to the announcement released by CEX, the specific timetable for the completion of the PP upgrade and the launch of the OKB Gas Token economic model optimization for X Layer (Beijing Time) is as follows: August 13, 2:10 PM: OKT will stop trading on the CEX platform, and OKTChain will continue to produce blocks and process on-chain transactions normally. August 13, 3:00 PM: The CEX platform will stop allowing OKB withdrawals to ETH. August 15, 10:00 AM: The platform will automatically exchange OKT in users' accounts for OKB according to the rules. August 15, 2:00 PM: OKB will be destroyed in a one-time event, and a smart contract will be called for on-chain destruction. August 18, 2:00 PM: Upgrade the OKB Smart Contract to remove the functions of issuance and destruction.