Does holding an amount of OKB tokens entitle me to receive dividends from the platform’s profits and activities?
Holding an amount of OKB tokens does not entitle you to receive dividends from the platform’s profits and activities.
OKB is a utility token that is used to pay for services on the OKEx platform, such as trading fees, withdrawal fees, and listing fees. It can also be used to purchase products and services from OKEx partners. OKB tokens are not designed to provide holders with any form of dividend or profit sharing.
Instead, the value of the token is determined by market forces such as supply and demand. As more people use the token for its intended purpose, its value should increase over time. Additionally, OKEx has implemented a buyback-and-burn program which should help increase the value of the token over time by reducing its circulating supply.
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