On January 24, Zakk Wang, product leader of OKX Wallet, said at the Chinese New Year's Eve dinner event hosted by OKX that X Layer is an important cornerstone for OKX's Web3 to continue to move forward and needs to fulfill its historical responsibilities.

The construction of X Layer will be carried out in three steps:

the first step is to consolidate the underlying technology to ensure high performance, stability, and low cost for a long time, with almost free transaction gas and TPS and block speed;

The second step is infrastructure, DeFi, and asset construction, while introducing Uniswap, priority is given to building a stable and solid Swap and DeFi system, continuously improving on-chain TVL, supporting high-frequency and common use scenarios such as staking, avoiding ecological simplification, and improving payment infrastructure, including cards and X402 capabilities.

At present, the overall progress has been advanced to the third stage, and OKX will begin to implement previously announced incentive funds, taking the lead in promoting the implementation of more projects that truly contribute to the development of the industry through X Layer hackathons for communities and universities.