On August 13, according to the official announcement released by OKX, the specific timeline for the X Layer PP upgrade and OKB Gas Token economic model optimization (Beijing time) is as follows:
August 13, 2:10 PM: OKT trading will stop on the OKX trading platform, while OKTChain will continue to generate blocks and process on-chain transactions
August 13, 3:00 PM: OKX trading platform will stop withdrawing OKB to ETH L1
August 15, 10:00 AM: The platform will automatically exchange users' OKT accounts according to the rules
August 15, 2:00 PM: One-time destruction of OKB and calling smart contract for on-chain destruction
August 18, 2:00 PM: Upgrade OKB Smart Contract, removing the functions of additional issuance and destruction
