$ 13.61
Just now
(-3.85%)
OKT is the native token of the OKT ecosystem, providing immediate utility and benefits — such as voting rights, staking privileges and transaction fee payments — for decentralized exchanges and other DeFi applications built on the network. The OKT genesis block contains an initial minting of 10 million OKT, which will be distributed to OKB holders who stake their OKB on OKX Jumpstart. OKT has the same halving model as Bitcoin, where its block reward is cut in half roughly every three years. The block reward is 0.5 OKT and the theoretical upper limit of OKT's total supply is about 41.69 million.
OKT holders obtain voting rights by staking their tokens. One address can vote for up to 30 different validator candidates, and the number of votes for each validator candidate that the address has supported depends on the amount of OKT the address has staked.
Try our free OKT Chain (OKT) portfolio tracker if you want to efficiently keep track of your OKT and other coin/token investments.