- Orbiter Finance donates 10 ETH to Trump's token, pledging continued assist.
- Orbiter’s OBT governance token launches with 40% allotted to airdrops.
- KuCoin lists OBT tokens for buying and selling on January 20, 2025, with USDT pairing and withdrawals.
Orbiter Finance, an Ethereum-based cross-chain protocol, introduced its assist for Donald Trump's inauguration speech by way of a notable sponsorship.
This initiative follows the protocol's Token Era Occasion (TGE) and the discharge of its governance token, OBT. Orbiter is dedicated to additional supporting Trump's initiatives with continued contributions all through his presidency.
On January 20, 2025, the day of Trump's presidential inauguration, Orbiter Finance donated 10 ETH, value roughly $33,607, to a wise contract pockets related to Trump's World Liberty Monetary token.
The donation leveraged Orbiter's OmniChain alternate protocol, which facilitates seamless cross-chain transactions. With plans to proceed its contributions, Orbiter's involvement highlights its curiosity within the evolving crypto panorama.
Orbiter's donation is a part of a broader present of assist from the crypto business for Trump's inaugural fund. Distinguished firms like Coinbase, Kraken and Circle, the issuer of the stablecoin USDC, every donated $1 million. Robinhood, recognized for its rising presence within the crypto market, contributed $2 million.
Associated: Ripple's $5M XRP Donation Helps Trump-Vance Inaugural Objectives
OBT Governance Token Launch and Airdrop Plans
Orbiter Finance marked Trump's inauguration day with the launch of its governance token, OBT. The mission allotted 40% of the entire OBT provide to group airdrops.
Of this allocation, 22% will go to customers who’ve used Orbiter's cross-chain companies for at the least 60 days. The remaining 3% will probably be distributed month-to-month over six months to encourage long-term participation throughout the Orbiter ecosystem.
OBT Itemizing on KuCoin Spot Trade
To additional drive OBT adoption, Orbiter has partnered with KuCoin to listing the token on its spot platform beginning January 20, 2025.
Associated: KuCoin to Help OBT Token with Buying and selling Pairs and Bot Companies Beginning January 20
The OBT/USDT buying and selling pair will go stay on the identical day, and withdrawal companies will probably be out there 24 hours later. The itemizing of KuCoin is anticipated to supply better liquidity and visibility for OBT within the world crypto market.
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