OKC is a set of open-source blockchain projects developed by OKX, aiming to promote the development of large-scale commercial applications based on blockchain technology. It gives each participating node the same rights, allowing users to launch a variety of decentralized applications smoothly, issue their digital assets, create their own digital asset trading pairs, and trade freely. The utilization of cross-chain technology principles is essential to allow those features to be used by anyone. Through the cross-chain module, the value interconnectivity, and user interconnectivity, the interconnectivity of blockchain can be realized simply and efficiently, so that we can co-construct the ecosystem and the value-added system.
It is designed to establish a safe and efficient decentralized-finance architecture that can be used to create a decentralized exchange, or DEX, that features community-based operations, and transparent trading rules and allows the users to control their own assets.
$OKT is the native token issued on the main network of OKC. All tokens contained in the OKC genesis block are allocated to $OKB holders in proportion to their $OKB holdings. $OKT is the carrier of value for the OKC ecosystem, and its value determines the development prospects of DEX, DeFi, and other applications on OKC.