OBT Token airdrop

Orbiter Finance Plans OBT Token Airdrop to Coincide with Trump’s Inauguration

Orbiter Finance, the world’s leading cross-chain bridge protocol, will release its governance OBT Token airdrop on tap January 20, 2025. Strategically timed with Donald Trump’s presidential inauguration date, the launch is a key milestone for the protocol’s development.

Key-Takeaways:

  • On 20 January 2025, Orbiter Finance (formerly ZnFTy) will release its OBT token airdrop, with the $10 billion total supply set aside 40% for community airdrops.
  • To qualify, users need at least 60 days of platform activity after December 2021.
  • In the last year, the protocol has processed $28 billion in volume for 35 million transactions and over 4.3 million users.

Token Distribution and Community Focus

OBT Token airdropInitially on the Ethereum network, OBT will be distributed following the protocol’s native token, with a total initial supply of 10 billion tokens. To ensure community involvement, the total token supply consists of 40 percent dedicated to community airdrops.

22% of eligible users will receive their share of the tokens immediately at launch. And over the next 6 months, the protocol will drip the remaining third through monthly distributions.

Eligibility Requirements and Protocol Growth

OBT Token airdropThey need to be sure that users engage with the platform throughout the qualification period. The most important requirement is to be interacting actively with Orbiter’s cross-chain protocol for at least 60 days starting December 2021.

Orbiter Finance has witnessed impressive growth in its cross-chain sector since its founding in 2021. The protocol now has an impressive number of completed transactions and nearly $28 billion of total transaction volume across the network.

The ERC-20 token will have staking and governance built into its design, and OBT will launch as an ERC-20 token. According to the protocol’s roadmap, its ambitions also extend beyond Ethereum to other scaling networks. In future releases, users can expect to see OBT available on popular networks such as Arbitrum, Base, and many others.

Team and Supporter Allocations

OBT Token airdropFor stakeholders of Orbiter Finance, 15% of the total token supply has been kept aside for it. It includes team members, project contributors, as well as dedicated community supporters. Special NFT holders who have helped the project grow and Discord moderators are notable recipients.

Orbiter Finance is a bridge protocol between EVM-compatible blockchains catering to over 4.3 million users. OBT is an introduction to decentralization of protocol governance and involvement of the users in the development of the protocol.

Orbiter Finance’s strategic launch time gives a show of feet to the timing of the OBT launch. Protocol hopes to gain maximum visibility from a major political event the moment the token launches, which will also reward its user base that has presold.

Conclusion: OBT Token airdrop

Being a gradual token distribution protocol through monthly airdrops indicates the protocol’s investment in sustainable growth. This approach can help to keep users engaged without having to force immediate selling on the newly launched token.

Orbiter Finance’s token launch for the cross-chain DeFi ecosystem is another step towards the creation of mature governance models. Immediate rewards and distributed periods combine to form a balanced token economics community incentives approach.

More From Author

SEC Lawsuit

Ripple Nears Victory in SEC Lawsuit as Crypto Regulatory Battle Winds Down

Massachusetts BTC Reserve Laws

Massachusetts BTC Reserve Laws, Joining as the 8th US State in Crypto Legislation

Leave a Reply

Most Viewed Posts

Neueste Kommentare

No comments to show.