What is OKX Boost? A comprehensive guide to get you started.

CN
1 day ago

OKX Boost is an innovative qualification assessment mechanism launched by the OKX platform for blockchain wallet users. It determines your activity eligibility and reward amount by analyzing your trading activity on the OKX DEX (decentralized exchange) and the holdings in your wallet. So, how does Boost work specifically? This article will take you in-depth.

What is OKX Boost? A comprehensive introduction_aicoin_image1​​​​​​​

1. What is Boost Data?

Boost data consists of two main parts:

  • Boost Trading Volume: This tracks your trading activity on the OKX DEX over the past 15 days.

  • Boost Balance: This tracks the balance of eligible assets you hold in the OKX Wallet (such as mainstream tokens, stablecoins, and liquidity tokens, but excluding NFTs and DeFi holdings).

Statistical Scope:

  • Only transactions conducted on the OKX DEX aggregator are counted (supporting Solana and EVM-compatible networks).

  • Cross-chain transactions, CEX (centralized exchange) transactions, and transactions not conducted through supported networks are not counted.

  • Invalid transactions and data from non-API trades are excluded.

These two metrics will be used to determine your qualifications and reward amounts in OKX Boost-related activities (X Launch).

In X Launch, points are generated based on the values of these two metrics; the higher the points, the greater the investment amount and reward distribution.

What is OKX Boost? A comprehensive introduction_aicoin_image2

Trading Volume Calculation Formula:

Boost Trading Volume = Actual Trading Amount × Multiplier

The multiplier varies depending on whether the trading tokens belong to specific categories (Category 1, Category 2, or others):

Category 1 Token ↔ Category 2 Token: Multiplier is 0.25.

Category 2 Token ↔ Category 2 Token: Multiplier is 0.25.

Category 1 Token ↔ Other Tokens: Multiplier is 1.

Category 2 Token ↔ Other Tokens: Multiplier is 1.

Category 1 Token ↔ Category 1 Token: Not counted.

Other Tokens ↔ Other Tokens: Not counted.

Token Classification:

Category 1 Tokens: Mainstream cryptocurrencies, stablecoins, or liquid staking tokens (e.g., ETH, USDT).

Category 2 Tokens: Some larger market cap mainstream tokens (e.g., UNI, DOGE).

Other Tokens: Any tokens outside the above two categories.

Example:
If you exchange ETH (Category 1) for DOGE (Category 2) with a trading amount of $2,000, then the Boost trading volume would be:
$2,000 × 0.25 = $500

2. What is Boost Balance?

Boost balance is the average daily balance of Category 1 tokens you hold in the OKX Wallet. It is important to note that:

  • The balance only includes Category 1 tokens and does not account for the value of NFTs and DeFi holdings.
  • The hourly balance is dynamically calculated based on the holding time in the wallet, ultimately resulting in a daily average.

For example:

If a certain address has a holding value of 2,400 USDT for 1 hour and a balance of 0 for the other 23 hours, then the Boost balance for that day would be:

2,400 ÷ 24 = 100 USDT

3. How to Play OKX Boost at Low Cost?

AiCoin offers benefits for binding the OKX wallet, allowing you to achieve low-cost Boost trading volume.

By binding the invitation code AICOIN88 through the exclusive link below, you will receive:

✅ 20% Fee Discount! This means you can save 20% on every transaction on the DEX compared to others. Over time, this is a significant amount of wealth!

✅ Qualification to join our VIP benefits group! The group will periodically share wealth codes, airdrop tutorials, and analyses of whale movements to keep you ahead.

The operation is very simple:

Click the exclusive link below (the invitation code is automatically filled in for you):

https://web3.okx.com/ul/joindex?ref=AICOIN88 

During the wallet creation/import process, confirm that the invitation code AICOIN88 is bound.

Done! Start enjoying the fee discount immediately!

What is OKX Boost? A comprehensive introduction_aicoin_image3

4. Frequently Asked Questions​​​​​​​

① Why is my Boost trading volume inconsistent with my DEX trading volume?

This is usually because certain trading methods do not comply with the statistical rules, such as completing transactions on unsupported networks or through cross-chain transactions. Additionally, API trades and invalid trades are not counted.

② Why hasn't the Boost trading volume been updated in a timely manner?

The Boost data is statistically collected from 00:00 to 23:59 UTC daily and is usually updated the next day. If it does not meet the statistical rules or is still being processed, there may be a slight delay.

③ Why is the Boost balance different from the balance displayed on the wallet homepage?

The Boost balance is calculated based on the average daily balance of eligible Category 1 tokens and does not include the value of DeFi or NFT holdings.

④ What could be the reason for not being able to participate in activities despite meeting the criteria?

If the wallet does not support the network compatible with the current activity (for example, if the activity is on the EVM network but the wallet only supports Solana), you may lose eligibility to participate.

⑤ How does OKX handle abnormal trading behavior?

OKX will review user trading volumes and holdings, and once abnormal trading or inflation behavior is detected, the platform reserves the right to cancel related statistics or rewards according to the rules.

5. Summary

OKX Boost is a flexible and innovative qualification assessment mechanism that provides rewards for active users by comprehensively evaluating user trading behavior and holdings. At the same time, the algorithm design of Boost fully considers fairness and anti-inflation mechanisms, creating a more standardized and transparent activity experience for users.

Whether you are an experienced trader or a novice user, you can optimize your Boost data through reasonable asset allocation and trading behavior to participate in various reward activities!🎉

6. How to Obtain the OKX Wallet

OKX App Download:

https://static.rmgvx.com/upgradeapp/okx-android_aicoin20.apk

📌 Using OKX Boost for investment is very simple:

🟢 Click the exclusive link:

https://web3.okx.com/ul/joindex?ref=AICOIN88

(The invitation code is automatically filled in)

🟢 Simple operation with the wallet: Confirm that the invitation code is AICOIN88 when completing the creation or import.

🟢 Effective immediately: After binding, you can enjoy exclusive benefits such as fee rebates and VIP community qualifications!

What is OKX Boost? A comprehensive introduction_aicoin_image4

Take action now to unlock decentralized asset freedom!

Official Telegram Community: t.me/aicoincn

AiCoin Chinese Twitter: https://x.com/AiCoinzh

Exclusive 20% Fee Discount: https://web3.okx.com/ul/joindex?ref=AICOIN88 

OKX Benefits Group: https://aicoin.com/link/chat?cid=l61eM4owQ

免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。

Share To
APP

X

Telegram

Facebook

Reddit

CopyLink