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Cryptocurrency News Articles

Orbitt Launches Staking Program, Offering $2M in ORBT Token Rewards

Dec 03, 2024 at 10:41 pm

The initiative, which goes live on December 3, 2024, aims to incentivize community participation and foster long-term value for ORBT holders

Orbitt Launches Staking Program, Offering $2M in ORBT Token Rewards

Solana-based blockchain ecosystem Orbitt has officially launched its staking program. The initiative, which goes live on December 3, 2024, aims to incentivize community participation and foster long-term value for ORBT holders through a structured rewards system and innovative token buyback mechanism.

The staking program is central to Orbitt’s strategy for sustainable ecosystem growth. It offers ORBT holders the opportunity to earn passive income while accessing additional benefits, such as early access to vetted projects through Orbitt PAD, a launchpad for promising crypto ventures. Orbitt has committed up to $100,000 in investment for the most promising projects, alongside marketing and development support.

“This staking program exemplifies Orbitt’s commitment to sustainable growth and value creation,” said Pixel, founder of Orbitt. “We’re thrilled to reward our community members who believe in our long-term vision.”

Marketing Lead DataNinjaa emphasized the community-centric nature of the initiative: “This isn't just about staking. It’s about rewarding trust and participation in a vibrant ecosystem.”

The ORBT staking program follows Orbitt’s recent expansion of its MM services to support projects such as Pump.Fun, Meteora, and Raydium. The MM service boosts trading volume and visibility for token launches, enhancing project success rates.

Orbitt is also developing Orbitt PAD, which will provide project incubation and support. ORBT token holders gain access to these features, creating additional utility for the token.

For more information, visit Orbitt’s website or join their Telegram community at @orbitt_pro.

News source:www.crypto-news.net

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Other articles published on Dec 05, 2024