Orbiter Finance Launches OBT Token: Details on Airdrop and Features

user avatar

by Giorgi Kostiuk

2 years ago

Orbiter Finance plans to release its governance token, OBT, on January 20, coinciding with Donald Trump's inauguration.

Launch of OBT Token

Orbiter announced that its native token, OBT, will be available on the Ethereum blockchain with staking and governance capabilities. The total supply is set at 10 billion tokens, with further issuances planned on ETH-based networks such as Arbitrum and Base.

Airdrop Participation Conditions

40% of the total OBT supply will be airdropped to the community. 22% of this allocation will be given to users who have actively interacted with Orbiter's cross-chain protocol for 60 days since December 2021. The remaining 3% will be distributed monthly over six months.

Orbiter Finance's Role in the Crypto Industry

Founded in 2021, Orbiter Finance supports token transfers between EVM-compatible blockchains. The protocol has processed 35 million transactions with $28 billion in volume from over 4.3 million users.

Orbiter Finance continues to evolve and draw the interest of the crypto market participants through the OBT token incentives and expansion of platform functionalities.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

Amazon Stock Price Predictions for 2027

Major firms predict Amazon stock will reach $350 per share by 2027, driven by AWS growth and AI advancements.

user avatarDavid Robinson

Tether Partners with Shiga to Launch Financial Products in Africa and Gulf

Tether is transitioning its Wallet Development Kit into financial products for users and institutions in Africa and the Gulf, collaborating with Shiga.

user avatarJacob Williams

Soneium and DayOneDream Join Forces to Tokenize Kpop Revenue Streams

Soneium partners with DayOneDream to tokenize Kpop revenue streams using blockchain technology.

user avatarAndrew Smith

Strive Increases Bitcoin Holdings by 1,107 BTC

Strive has significantly increased its Bitcoin holdings by acquiring 1,107 BTC for approximately $945 million.

user avatarZainab Kamara

Verona Launches verUSD Stablecoin for AI Payments

Verona has launched a new dollar stablecoin, verUSD, designed for AI payments and machine transactions, with over $100 million in institutional commitments.

user avatarAyman Ben Youssef

Blockchain.com Plans IPO to Enter US Public Markets

Blockchain.com is reportedly preparing for an initial public offering that could raise around $500 million.

user avatarSon Min-ho

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.