Orbiter Finance sets OBT Token launch date, Airdrop 40% to users

Orbiter Finance, a blockchain infrastructure project using ZK technology, announced the TGE timing and OBT tokenomics on January 17, 2025 (Vietnam time). After 3 years of development, the project has attracted 4.3 million users and processed over 35 million transactions worth $28 billion through its network. The project has scheduled the TGE for and the launch of the OBT token. OBT is both a Governance Token and a utility token for on-chain staking. The specific parameters are as follows: - Total supply: 10 billion OBT - Networks: Ethereum, Arbitrum, Base - Circulating supply at TGE: 2.8 billion OBT (28% of total supply) Notably, the project has committed to allocating 40% of the total supply as an airdrop to the community, to express gratitude to early supporters and contributors. <- Community: 40%> 22% for the first airdrop. 3% monthly airdrop for 6 months (total of 18%) for eligible users. <- Ecosystem Development: 20%> Tokens used for building and expanding the market, strengthening partnerships and sustainable development. 2.5% unlocked at TGE. <- Orbiter Foundation: 15%> 3.5% unlocked at TGE, the rest vested monthly over 23 months. <- Team and Contributors: 15%> <- Investors: 10%> The snapshot timing is as follows: - First snapshot for OPoint: 7:00 AM on January 16, 2025 (Vietnam time) - Second snapshot for NFTs: 11:00 PM on January 19, 2025 (Vietnam time) To be eligible for the airdrop, users must have used the Orbiter protocol (bridge/ecosystem) for at least 2 months since December 2021 and hold at least 40 OPoint (maximum 5,000 points). In addition to OPoint, the whitelist airdrop is also awarded to Discord moderators, Ace NFT holders, Expert NFT holders, and some winners of the project's events. Orbiter Finance also uses Sybil resistance rules to exclude wallet addresses previously identified as part of Sybil libraries by projects like Arbitrum. Readers can check if their wallet is eligible for the airdrop . In addition, the exchange has announced a Launchpool for OBT, and has also scheduled the token listing.