- Orbiter Finance will donate 10 ETH to Trump’s token and pledge continued assist.
- Orbiter’s OBT governance token can be launched with 40% allotted to airdrops.
- KuCoin will checklist OBT token for buying and selling with USDT pairing and withdrawal on January 20, 2025.
Orbiter Finance, an Ethereum-based cross-chain protocol, has introduced its assist for Donald Trump’s inaugural deal with via a high-profile sponsorship.
This effort follows the discharge of the protocol’s Token Technology Occasion (TGE) and its governance token, OBT. Orbiter has pledged to additional assist Trump’s efforts via continued donations all through his presidential time period.
On January 20, 2025, the day of President Trump’s inauguration, Orbiter Finance contributed 10 ETH (roughly $33,607 value) to the good contract pockets related to Trump’s World Liberty Monetary token.
This donation leveraged Orbiter’s OmniChain change protocol, which facilitates seamless cross-chain transactions. Orbiter’s involvement, with plans for continued contributions, underscores the corporate’s curiosity within the evolving cryptocurrency panorama.
Orbiter’s donation is a part of broader assist from the crypto sector for President Trump’s inaugural fund. Outstanding corporations similar to Coinbase, Kraken, and USDC stablecoin issuer Circle every donated $1 million. Robinhood, identified for its rising presence within the cryptocurrency market, donated $2 million.
Associated: Ripple’s $5M XRP donation boosts Trump Vance’s inauguration targets
OBT governance token launch and airdrop plan
Orbiter Finance has launched OBT, a governance token, in commemoration of President Trump’s inauguration day. The venture allotted 40% of the whole OBT provide to group airdrops.
22% of this allocation can be allotted to customers who’ve used Orbiter’s cross-chain companies for not less than 60 days. The remaining 3% can be distributed month-to-month over 6 months to encourage long-term participation within the Orbiter ecosystem.
OBT listed on KuCoin spot change
To additional drive OBT adoption, Orbiter has partnered with KuCoin to checklist its tokens on the Spot platform beginning January 20, 2025.
Associated: KuCoin will assist OBT tokens in buying and selling pairs and bot companies beginning January twentieth
The OBT/USDT buying and selling pair will go dwell on the identical day and withdrawal companies can be accessible after 24 hours. The itemizing of KuCoin is predicted to extend the liquidity and visibility of OBT within the world cryptocurrency market.
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