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https://www.gate.com/announcements/article/45974
OX FUN: Treasury minted 5.593 billion OX Tokens, total rise 131%.
Gate.io News bot message: According to Etherscan data, OX FUN: Treasury minted 5.593 billion OX Tokens 3 days ago, worth approximately $11.2 million. This minting increased the total supply of OX Tokens by 131% from the original level, reaching 9.857 billion.
According to the data, this batch of newly minted Tokens is currently still stored in OX FUN: Treasury and has not been put into market circulation. The price of OX remains at the original level.
The OX FUN project was founded by Su Zhu, the former founder of Three Arrows Capital (3AC). The OX FUN official has not yet released any statements regarding this token minting event. Source: @oliversgriff.