Details of the Highly Anticipated Altcoin Airdrop Revealed: Here are the Date and Information to Participate

Orbiter Finance, the Layer-2 cross-chain bridge protocol, has announced the tokenomics of its native token OBT ahead of the Token Generation Event (TGE) to be held on January 20, 2025. The token will be released on Ethereum, Arbitrum, and Base networks with a total supply of 10 billion tokens and an initial circulating supply of 2.8 billion tokens (28%).

Orbiter has determined the token allocation structure as follows:

Community Allocation (%40):

• 22% will be distributed to users as the first airdrop.
• Users eligible will receive an additional 3% airdrop monthly for six months.

Ecosystem and Growth Allocation (%20):

• %2.5 will be opened in TGE.

Orbiter Foundation Allocation (%15):

• 3.5% will be released during the TGE. The remaining tokens will be paid monthly over a vesting period of 23 months.

Team and Contributors Allocation (15%): Reserved for developers and significant contributors.

Investor Allocation (%10): Reserved for early investors.

In addition, on-chain governance for Orbiter Finance is planned to be launched in February 2025, allowing token holders to participate in important protocol decisions.

Orbiter Finance has approved a significant initial airdrop that corresponds to 22% of the total supply of OBT and includes detailed criteria for eligibility.

Snapshots for Eligibility:

• First Snapshot for OPoints: January 16, 2025.
• Second Snapshot for NFT holders: January 19, 2025.

Eligibility Criteria:

• Users must have interacted with the Orbiter protocol (bridge/ecosystem) for at least two months since December 2021.
• Users must have at least 40 OPoints earned through cross-chain transactions in Orbiter.