Author：Binance Exchange (XBIT)

On January 17th, the cross chain protocol Orbiter Finance announced the economics of the OBT token, which will be launched on Ethereum, Arbitrarum, and Base, with a total supply of 10 billion tokens and a circulating supply of 2.8 billion tokens (28%) during TGE.

Regarding token allocation, the community allocation accounts for 40%, of which 22% will be distributed as initial airdrops to Orbiter users. 3% will be airdropped to eligible users every month for a period of 6 months. The proportion of ecosystem and growth allocation is 20%, of which 2.5% will be unlocked in TGE. The Orbiter Foundation will allocate 15%, of which 3.5% will be unlocked during TGE, and the remaining portion will be allocated in monthly increments over a period of 23 months. The allocation ratio for teams and contributors is 15%, while the allocation ratio for investors is 10%. In addition, on chain governance will be open in February 2025.

Previously reported, the Layer2 cross chain bridge Orbiter Finance token (OBT) announced that its TGE will take place on January 20th.