• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

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.

chest
chest
chest

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Grayscale Withdraws Registration for Cardano, Hedera, and Polkadot ETFs

chest

Grayscale has voluntarily withdrawn its registration statements for its Cardano, Hedera, and Polkadot Trust products, pausing its ambitions for altcoin ETFs.

user avatarTomas Novak

Coinbase Emphasizes Editorial Standards in New Report

chest

Coinbase has published a report that emphasizes its strict editorial policy focusing on accuracy, relevance, and impartiality.

user avatarKaterina Papadopoulou

New Report Released by SEC

chest

A report has been released based on information provided by the SEC, aimed at informing the public about relevant data and increasing transparency regarding its activities.

user avatarMaya Lundqvist

Wintermute Emphasizes Editorial Standards in New Report

chest

Wintermute has published a report that emphasizes its strict editorial policy focusing on accuracy, relevance, and impartiality.

user avatarLeo van der Veen

Bank of Russia Introduces New Crypto Trading Framework for Ordinary Investors

chest

The Bank of Russia has introduced a draft directive allowing nonqualified investors to trade cryptocurrencies with a limit on annual purchases.

user avatarLi Weicheng

Github Unveils New Report on Editorial Policy

chest

Github has released a new report outlining their strict editorial policy, emphasizing accuracy, relevance, and impartiality to enhance trust and transparency.

user avatarAisha Farooq

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.