As a seasoned crypto investor with a penchant for innovative projects and a knack for recognizing potential, I find the Orbitt (ORBT) staking program to be a compelling opportunity. With its impressive $2.5 million rewards pool and novel buyback mechanism, it’s hard not to be intrigued by this Solana-based ecosystem.
The staking program for Orbitt (ORBT), the network hub on Solana, has been initiated, boasting a substantial rewards pool with six digits up for grabs for all involved parties. This program allows ORBT holders to earn value as they simultaneously reap benefits from Orbitt’s innovative buyback feature.
Orbitt (ORBT) staking kicks off with $2.5 million in rewards
In simple terms, the all-encompassing cryptocurrency platform for businesses on Solana (SOL), known as Orbitt (ORBT), has introduced a staking scheme for its native token, ORBT. This initiative aims to serve as a powerful financial motivation for members of the ORBT community to participate in the management of the protocol.
Enhance the visibility of your token using Orbitt MM! 🚀
— Orbitt (@orbitt_ai) December 3, 2024
On December 3, 2024, I’m thrilled to be part of the activation of an initiative designed to foster continuous growth and value generation for stakers. This move also aims to enhance the practical use of ORBT, making it more versatile and beneficial in the crypto space.
ORBT holders will become entitled to various advantages, such as entry into the Orbitt Project Accelerator (PAD), a platform where well-reviewed and potentially groundbreaking projects receive comprehensive marketing and development assistance from Orbitt. The most exceptional projects may also secure an investment of up to $100,000 from Orbitt, enhancing their potential for a prosperous debut.
The creator of Orbitt, recognized as Pixel, is thrilled about the possibilities the latest program presents for the advancement of the project, its user base, and the global expansion of its services.
We’re excited to introduce ORBT staking to our community, recognizing those who share our long-term aspirations. This initiative underscores Orbitt’s commitment to fostering lasting development and generating real value.
Besides just its economic effects, Orbitt’s CMO emphasized that their new program aims to recognize and appreciate trust and involvement within a community-focused environment.
25% of ORBT tokens allocated for buyback program
Over five million ORBT tokens, equating to a quarter of the entire supply, have been designated for Orbitt’s buyback program to fuel the launch of its staking initiative. Unlike being idle in the wallet, these tokens are consistently replenished through Orbitt’s ingenious buyback system.
Through the earnings produced by Orbitt MM Volume Booster’s service, the automated buyback feature acquires ORBT tokens on the open market, thereby providing a consistent flow of incentives to token holders who are staking.
The ORBT token-staking program offers four levels of rewards for its participants, based on a time-based mechanism. Those who keep their tokens locked in for 30 days receive a double reward; this increases to triple the reward for keeping them for 90 days, and quadruple the reward for maintaining the stake for 180 days.
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2024-12-03 17:06