DUBAI, UAE,
July 29,
2024 /PRNewswire/ -- OKX, a leading
crypto exchange and global Web3 technology company,
has issued updates for July 29, 2024.
OKX to List Ondo Finance's ONDO Token on its Spot
Market
OKX today announced that it will list Ondo Finance's ONDO
token on its spot market, enabling eligible customers to trade ONDO
against USDT via the ONDO/USDT spot pair. ONDO/USDT will begin
trading today at 8:00 AM (UTC). In
preparation for this launch, deposits for the token were enabled
today at 7:00 (UTC).
ONDO is the native token of Ondo Finance, a
decentralized finance (DeFi) platform
aimed at bridging the gap between traditional finance (TradFi) and
DeFi through the tokenization of real-world assets
(RWA).
Tokenomics and distribution of ONDO:
- 5.21 billion for ecosystem growth
- 3.3 billion for protocol development
- 1.29 billion for private sales
- 198 million for community access sale
ONDO is also a governance token, allowing holders to vote on
proposals, token distribution, protocol changes, asset treasury
management and other factors influencing the direction of Ondo
Finance.
To learn more, visit OKX's Support Center.
For further information, please
contact:
Media@okx.com
About OKX
OKX is a leading global crypto exchange and
innovative Web3 company. Trusted by more than 50 million global
users, OKX offers a secure and trustworthy platform that provides
responsible crypto traders with innovative tools to
access the world of crypto.
As a global brand and top partner of Manchester City FC and
McLaren Racing, OKX uses Web3 technology to redefine how fans
connect with their favorite teams. Recent examples include its
Unseen City Shirts and Race Rewind digital collectible campaigns,
which offer fans real-world benefits like exclusive match-day and
trackside experiences. As the Presenting Partner of Tribeca
Festival, OKX also empowers artists and creators through Web3.
In line with its "on-chain, any chain" philosophy, OKX
contributes to the growth of the Web3 ecosystem via its secure,
interoperable and self-custody enabled OKX Wallet. OKX Wallet is a
user-friendly gateway to the on-chain world, connecting to over 100
blockchains, 10,000 dApps, 170+ DeFi
protocols, 300,000 tokens and 490+ decentralized
exchanges (DEXs).
OKX is committed to transparency and security, and publishes its
Proof of Reserves monthly to build trust. It is also dedicated to
expanding its educational resources through OKX Learn, making
digital assets accessible and understandable for a broader
audience.
To learn more about OKX, download our app or visit: okx.com
Disclaimer
This announcement is provided for informational purposes
only. It is not intended to provide any investment, tax, or legal
advice, nor should it be considered an offer to purchase, sell,
hold or offer any services relating to digital assets. Digital
assets, including stablecoins, involve a high degree of risk, can
fluctuate greatly, and can even become worthless.
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SOURCE OKX