Current OKC Token (OKT) Price Overview
The live OKC Token price is $4.83** with a 24-hour trading volume of **$84,683. Recent market trends show:
- ↘️ 2.33% decrease in the last 24 hours
- ↗️ 0.70% increase over the past 7 days
Key metrics:
- Market Cap: $0
- Max Supply: 21,000,000 OKT
- Circulating Supply: 0 OKT
- Market Rank: #4252
👉 Track real-time OKT price movements
What Is OKC Token (OKT)?
OKC Token (OKT) serves as the utility and governance token within the OKX ecosystem, powering the OKC smart contract development platform. Developers leverage OKT to deploy blockchain projects, including:
- Decentralized applications (dApps)
- NFTs
- Web3 solutions
Built by OKX (formerly OKEx), OKC provides an open-source ecosystem for DeFi and GameFi innovation.
OKC Token Background
Launched in December 2020, OKC underwent a four-phase mainnet rollout:
- Genesis Phase (Dec 31, 2020)
- Three subsequent stages concluding by Jan 14, 2021
Notable milestones:
- 2021 Bull Run: OKT peaked near $255 in May 2021.
- Ecosystem Growth: 80+ projects deployed by Q3 2021, focusing on DeFi, GameFi, and NFTs.
👉 Explore OKX's blockchain tools
Key Features of OKC Token
Tokenomics
- Initial Supply: 10 million OKT
- Deflationary Model: No hard cap; estimated max supply of 72.2 million OKT.
Technical Capabilities
- EVM & IBC Compatibility: Supports Ethereum smart contracts and Cosmos interoperability.
- DPoS Consensus: Validators require 10,000 OKT stake; block rewards halve every 3 years.
Governance & Incentives
- DAO Structure: OKT holders vote on proposals (1 token = 1 vote).
- Staking Rewards: Validators and delegators earn transaction fees.
FAQ Section
1. Where can I buy OKC Token?
Top exchanges include Binance, KuCoin, and Kraken. Always use secure wallets like Ledger for storage.
2. Is OKC Token a good investment?
OKT’s value depends on OKX ecosystem adoption. Research market trends and project updates before investing.
3. How does OKC’s DPoS work?
Validators process transactions and earn rewards, while delegators share fees by staking OKT.
4. What is OKC’s max supply?
While initially 10 million OKT, the protocol allows flexible supply adjustments up to ~72.2 million.
5. Can I develop dApps on OKC?
Yes! OKC’s EVM compatibility lets developers port Ethereum-based projects seamlessly.
6. How often are block rewards distributed?
Rewards are issued per block (1 OKT initially), reducing by 50% every 3 years.
Data and pricing are updated in real-time. For secure trading, always verify exchange credentials and use hardware wallets.
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