**[Star Discusses X Layer Development Blueprint: Advancing in Three Phases, $100 Million "OKX Vision Fund" Ready to Support Quality Projects]** Odaily Planet Daily News – OKX Founder and CEO Star Xu delivered the opening speech at the X Layer offline event titled "Building X Layer – Genesis Night with DeFi Giants." Star expressed deep gratitude for the enthusiastic support from the community and guests, emphasizing the significant responsibility the team feels. As an open company, OKX considers building an open blockchain network one of its highest strategic priorities and plans to make X Layer a key infrastructure for OKX Wallet and the exchange. Star outlined the three-phase plan for X Layer development: - **Phase One:** Focus on integrating stablecoin projects into X Layer, such as Tether and USDG. In the near future, users will be able to hold stablecoins in OKX Wallet and enjoy an annualized yield (APY) of 4%-5%. - **Phase Two:** Collaborate with leading industry projects, including Aave, Uniswap, Balancer, Chainlink, and others, to incorporate these top-tier protocols into X Layer's infrastructure. - **Phase Three:** Reward outstanding projects through a series of incentive programs. Star revealed that OKX has prepared a $100 million "OKX Vision Fund" and will support the most successful projects through multiple rounds of activities, ensuring the community is never disappointed. Additionally, OKX plans to build an on-chain derivatives market and on-chain payment market on X Layer, with results to be unveiled in the coming months. The X Layer team will focus on product development, technical optimization, and community engagement to drive steady growth across the ecosystem.