Published on

Users can check airdrops from Orbiter Finance

Authors

Users who meet certain conditions may be eligible for airdrops. Details of the conditions of participation and the schedule of token distribution are published in the article.

Orbiter Finance, a cross-chain bridge launched in 2021, just announced the launch of its OBT token and airdrop program for its loyal user community on January 17.

Orbiter Finance is a cross-chain bridge protocol built on Zero-knowledge (ZK) technology. The platform focuses on enhancing security, seamless interoperability, and minimizing liquidity fragmentation in blockchain transactions.

Launched three years ago, Orbiter Finance has achieved impressive achievements with more than 4.3 million users, a volume of more than $28 billion and completed more than 35 million transactions across the network.

Users can check the airdrop here: https://orbiter.finance/en/airdrop

In gratitude to the user community that has always supported and accompanied Orbiter Finance, the project has implemented the OBT token airdrop program. To be eligible for an airdrop, users need to meet the following requirements:

  • Using the Orbiter protocol: Used the Orbiter protocol (including bridges and ecosystems) for at least 2 months since December 2021.
  • Ownership of oPoints (snapshot 16/01/2025): Possess at least 40 OPoints. The O-Points system is used to determine the number of tokens a user receives in an airdrop. This score is calculated based on users' cross-chain transactions on the Orbiter. Note that the maximum number of O-Points calculated for airdrops is 5,000.

In addition, the project also published a whitelist that includes users who are eligible for special airdrops:

  • Discord Moderator:Members actively contribute to the Orbiter community on Discord.
  • NFT owners (snapshot 19/01/2025):Ace NFT holders and Expert NFTs of Orbiter Finance.
  • Event participants:Users participated and won prizes at offline events organized by Orbiter.

To prevent fraud and bots taking advantage of the airdrop program, Orbiter Finance has adopted anti-Sybil rules, including:

  • Sybil Library: Use Sybil libraries from other projects like Arbitrum to identify suspicious wallet addresses.
  • Related Wallet Address:Check and remove wallet addresses that are associated with Sybil operations.
Invite your friends
OBT tokens. Source: Orbiter Finance
 

The OBT airdrop program will take place according to the following schedule (Vietnam time):

  • 13:00, 20/01/2025:Each eligible user can receive up to 5,600 OBTs based on the first OPoints snapshot. Ace NFT holders can receive 17,000 OBTs for each Ace NFT based on the second NFT snapshot.
  • 13:00, 23/01/2025: Expert NFT holders can receive 2,300 OBTs for each Expert NFT.
  • 13:00, January 25, 2025: All eligible users can receive the remaining number of OBT tokens.
Invite your friends
OBT token allocation. Source: Orbiter Finance

OBT's total supply of 10 billion tokens (initial circulating supply of 2,800,000,000) is allocated as follows:

Community (40%): Distributed through community incentive programs and airdrops, in order to promote user growth, project promotion and ecosystem activity.

  • Initial Airdrop: 22% for Orbiter users.
  • Monthly Airdrop: 3% per month for 6 months for eligible users.

Ecology and growth (20%):Dedicated to ecosystem building, market expansion, promoting partnerships and sustainable business development. 2.5% will be unlocked at TGE.

Orbiter Fund (15%): Use to realize the Orbiter Foundation's “All Chains One Hub” vision. 3.5% will be unlocked at TGE, the rest will be vesting monthly for 23 months.

Team and collaborators (15%): Encourage the long-term commitment of the core team and collaborators to the development of the project, ensuring innovation and technological progress.

Investors (10%):For seed round and A round investors.

Earlier, at 15:00 on January 17, Kucoin announced that it would list OBT tokens and allow users to trade at 17:00 on January 20, 2025.