​​OKEx will start initial mining of OKExChain Token (OKT) on December 31. OKT initial minting session will commence from Dec 31, 2020. OKB holders can stake OKB to mint OKT during 14d period. The total amount of initial mining: 10M OKT. OKT has the same halving model as BTC — the initial block reward is 1 OKT and it is halved every three years. The theoretical total upper supply limit is about 72.2M OKT. OKEx aims to launch mainnet of its own OKExChain in January 2021.