KuCoin Lists Orbiter Finance (OBT), a Fast-Growing Crypto Project Targeting the Multichain Era

KuCoin exchange has announced the listing of Orbiter Finance (OBT), a fast-growing crypto project. In the announcement, the exchange expressed excitement about welcoming the OBT token to its spot platform.

Major crypto exchange KuCoin has announced the listing of Orbiter Finance (OBT), a fast-growing crypto project, on its platform.

In a recent announcement, the exchange expressed excitement about welcoming the OBT token to its spot platform, further expanding its offerings to meet the diverse needs of its users.

As part of the new integration, KuCoin will support OBT token transactions via the ARB-ERC20 network, enabling users to seamlessly trade the token on the exchange's platform.

Orbiter Finance (OBT) Trading Goes Live

The trading of OBT on the KuCoin spot platform will commence on Monday, January 20, at 08:00 (UTC). The OBT token will be available for trading against USDT, offering users a convenient and accessible way to acquire or trade the token.

OBT trading will be available under the OBT/USDT pair, and withdrawal services will be enabled 24 hours after the trading begins, allowing users to swiftly withdraw their OBT holdings as needed.

Moreover, to enhance the trading experience, KuCoin will introduce various bot trading services for OBT once trading begins. The OBT/USDT pair will be available for trading bots, including Spot Grid, Infinity Grid, DCA, Smart Rebalance, Spot Martingale, Spot Grid AI Plus, and AI Spot Trend.

These bot trading services are designed to automate trading strategies and optimize returns, catering to the needs of both novice and experienced traders on the platform.

What is Orbiter Finance?

For those unfamiliar with the project, Orbiter Finance is a blockchain interoperability protocol that utilizes zero-knowledge proofs (ZK-tech) to boost security, smoothen cross-chain interactions, and reduce liquidity fragmentation.

The protocol aims to enhance the Web3 experience for users in the multichain era by offering tools such as a universal cross-chain protocol and Omni Account Abstraction.

Since its launch three years ago, Orbiter has reportedly attracted over 4.3 million users, processed over $28 billion in transactions, and completed over 35 million transactions.

OBT: The Orbiter Finance Token

The OBT token serves as the native governance and utility token of the Orbiter Finance protocol. It is an ERC-20 token, and its governance is set to open in February 2025.

OBT has a total supply of 2.8 billion tokens, and 28% of the tokens will be circulating at the Token Generation Event (TGE) on Monday.

Here's how the token allocation breaks down:

12% for the Orbiter team, vesting for 48 months

10% for early contributors, vesting for 36 months

6% for the community airdrop

4% for the Orbiter Foundation,のうち半分は5年間ロックされ、残りの半分は2年後に48ヶ月間かけて線形にアンロックされる

2% for strategic partners,のうち半分は24ヶ月間ロックされ、残りの半分は12ヶ月後に36ヶ月間かけて線形にアンロックされる

2% for advisors,のうち半分は18ヶ月間ロックされ、残りの半分は9ヶ月後に30ヶ月間かけて線形にアンロックされる

2% for liquidity mining,のうち半分は12ヶ月間ロックされ、残りの半分は6ヶ月後に24ヶ月間かけて線形にアンロックされる

2% for ecosystem incentives,のうち半分は6ヶ月間ロックされ、残りの半分は3ヶ月後に18ヶ月間かけて線形にアンロックされる

2% for early users,のうち半分は3ヶ月間ロックされ、残りの半分は1ヶ月後に12ヶ月間かけて線形にアンロックされる

2% for early liquidity providers,のうち半分は12ヶ月間ロックされ、残りの半分は6ヶ月後に24ヶ月間かけて線Orbiter Finance Airdrop Details

To qualify for the airdrop, users must have interacted with the Orbiter protocol for at least two months since December 2021 and hold a minimum of 40 OPoints, earned primarily through cross-chain transactions on the platform.

The airdrop claims will open on January 20, 2025, with specific claim windows based on eligibility. Orbiter will share more details about how you can use the OBT token in February 2025 when the governance mechanism goes live.

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