Orbiter Finance announces the tokenomics of its upcoming OBT token prior to its launch on multiple blockchains.
Tokenomics and Allocation
The OBT token will be launched with a total supply of 10 billion tokens and an initial circulating supply of 2.8 billion tokens (28%). The token allocation is structured as follows: 40% for community development, including a 22% initial airdrop; 20% for ecosystem growth; 15% for the Orbiter foundation; 15% reserved for the team; and 10% for investors.
Participation Terms and Criteria
To participate in the OBT airdrop, users must meet specific criteria. They need to interact with the Orbiter protocol for at least two months and earn at least 40 OPoints. Snapshots confirming participation will be taken on January 16 and 19, 2025.
Future Plans and Governance
In February 2025, Orbiter Finance plans to initiate on-chain governance, enabling token holders to engage in key protocol decisions. This will create new opportunities for community involvement in the application's development.
Orbiter Finance is gearing up for OBT launch by setting clear tokenomics parameters and engaging the community through airdrop and governance plans.
