OKTC is an open-source, high-performance decentralized trading public blockchain designed to advance blockchain-based trading solutions. As an open ecosystem, OKTC allows anyone to participate in super node elections, issue digital assets, create trading pairs, and trade seamlessly. The chain integrates EVM compatibility, cross-chain gateways, and Cosmos IBC interoperability to enable efficient value, user, and application connectivity—fostering ecosystem growth and value creation.
Project Background
ChainUP, a global leader in blockchain technology services since 2017, operates from Singapore with a comprehensive product suite including trading systems, wallets, liquidity solutions, and mining pools. Serving 600+ clients across 30+ countries, ChainUP has reached over 60 million users worldwide.
ChainUP Capital, its venture arm, launched a $5M innovation fund in 2021 under ChainUP Labs to incubate blockchain projects. One such initiative is the OKTC super node, where ChainUP Labs provides infrastructure support. As of January 26, ChainUP Labs ranks #1 among OKTC super nodes, earning 1,949 OKT rewards with 46,124 OKT staked.
ChainUP Capital’s Voting Solution
Post-EVM integration, ChainUP will offer a smart contract interface for transparent node voting. Participants voting via the contract will receive proportional rewards, with a 5% operational fee (first 2 months) transitioning to 10%.
Reward Structure
OKTC produces 1 OKT per block (every 3 seconds):
- 50% to nodes (25% equally among top 21 super nodes; 75% weighted by votes).
- 50% to Farm pools.
ChainUP Labs’ $5M fund will further incubate OKTC-based DeFi applications (AMM, lending, derivatives). Node participants gain early access to mining opportunities—stay tuned via official updates.
FAQ
1. What is OKTC?
OKTC is a decentralized trading blockchain supporting asset issuance, EVM, and cross-chain interoperability.
2. How are OKTC rewards distributed?
50% of block rewards go to nodes (split between top 21 and all voters); 50% to liquidity pools.
3. How can I vote for ChainUP’s node?
After EVM integration, use ChainUP’s voting contract to participate and share node earnings.