According to the OKEx official announcement, it will initiate a 20% discount off the OKB subscription campaign at 4:00 - 5:00 on April 22 (UTC). During the campaign, only OKEx users who have completed KYC Level 2 or above are qualified to participate. As of the special bonus for OKBelievers, OKEx trading platform is going to spend 2 million U.S. dollars to repurchase OKB from the secondary market on April 22.
As being the star on the platform token sector, OKB takes the lead to launch the discount subscription campaign model. On the one hand, this move can be regarded as another powerful weapon around the ecosystem construction and help transit into the refined operation phase of focusing on users’ privileges and benefits. On the other hand, this move represents the future development direction of the mainstream platform tokens to a certain degree.
According to the rules described in the announcement, this subscription campaign is only available for OKEx users who have completed KYC Level 2 and above. Also, the pre-order amount of each account is corresponding to the accumulative transaction volume of your OKEx account until April 22, 2020, which should surpass at least 5 BTC or equivalent amount. The calculation of trading volume will include spot tradings, C2C, and futures.
Before the campaign starts, users need to deposit USDT to the OKEx funding account and operate on OKEx Jumpstart - OKB page at 12:00 - 13:00 on April 22. Any qualified account can subscribe 100 USDT to 1,000 USDT and the final subscribed amount is calculated according to some formulate.
OKB continues to create application scenarios for OKBelievers
The principle of creating application scenarios for users has always been held during the construction of the OKB ecosystem. And we have made greater optimization for users' privileges and benefits this year.” people in charge of OKB said. This 20% discount off OKB subscription campaign can be regarded as one of the significant application scenarios developed for OKB holder's privileges and benefits after recently released OKEx JumpStart, Buyback & Burn, Trading Fee Discount and Small Balance Convert to OKB.
1. OKEx Jumpstart No. 11 DEP
The total amount after two rounds of DEP subscription reached 49 billion and the debut increase of DEP reached 220%. Since only OKB holders can access OKEx Jumpstart, we can see the exclusive privileges and benefits for OKB holders developed on the OKEx trading platform.
2. Burned 700 million unissued OKB
OKB has burned 700 million unissued OKB on February 10 and became the first fully circulating platform token. Since then all OKB buyback & burn are repurchased from the secondary market. According to the data, the current burned OKB from the diluted supply of 300 million has reached 17,161,709.06, equivalent to 94,400,00 U.S. dollars.
3. Trading Fee Discount
Based on the trading application scenario, OKB holders can also enjoy a certain degree of trading fee discount on OKEx, this world-leading trading platform. According to the official displaying information, the current discounts are describing as follows:
”In addition to this 20% discount off OKB, there are 52 privileges in total based on OKB being created, including both internal and external application scenarios as well as the trading channels. Users can foresee that the exclusive privileges built on OKB will be further released and developed.”OKB responsible people said.
To use the continuously improved service to satisfy users' demands can be said as the first principle for the development of trading platforms. As of now, OKB, as one of the mainstream trading platform token, has millions of users around the world. The actions of developing exclusive privileges for OKB users represents a transition from the “extensive” time to the “refined” time.