Orbit Token Litepaper
Overview
The Orbit Token ($ORBIT) is a utility and rewards token designed to power the Orbit ecosystem. $ORBIT incentivizes participation, supports long-term community growth, and can be used to access features and utilities within the Orbit platform.
At the core of Orbit’s launch is a simple principle: early community participants help shape and use the platform from the start.
A portion of the initial $ORBIT supply is intended to be made available to eligible Orbit NFT holders as a utility-based allocation at or around TGE, subject to eligibility requirements and applicable terms. NFT tiers, benefits, and allocation mechanics are documented in Orbit’s NFT documentation. In addition, Orbit may make a portion of the TGE allocation available based on platform activity through Orbit’s points-based engagement system.
These allocations are designed to support platform utility and engagement—not to create financial entitlements or investment returns. The goal is to empower early participants with meaningful access and functionality from day one.
Utilities, access rights, and engagement-based benefits described in this Litepaper may be delivered progressively as the platform evolves. Some utilities may not be available at the time of NFT purchase or initial allocation and may be introduced, modified, delayed, or discontinued over time.
Airdrop / Distribution Eligibility Any $ORBIT distribution is determined at Orbit’s discretion and may consider points earned through eligible trading and platform activity during the Orbit Points period (from the launch of Orbit Points through TGE). Eligibility criteria, weighting, caps, timing, and mechanics may change, and Orbit may pause or discontinue the program.
How to Qualify To claim any distribution (including any NFT-based allocation), you must create and link an Orbit platform wallet account. Only wallet-linked users are eligible.
This program is a discretionary, utility-based distribution tied to platform engagement—not an investment, token sale, or promise of value. Points are intended to reflect engagement and may be used to help determine eligibility and sizing for any discretionary allocations, if offered.
Total Token Supply
Total Supply: 1,000,000,000
Initial Circulating Supply at TGE: 226,672,574.21 (~22.67%)
Initial Supply Breakdown
Category
% of Initial Circulating Supply
Tokens at TGE
Community
82.59%
187,213,114.75
Liquidity
13.23%
30,000,000
Core Development
2.98%
6,756,756.76
Operations
0.60%
1,351,351.35
Marketing
0.60%
1,351,351.35
Initial Community Breakdown (Unvested)
Category
% of Initial Community Allocation
Tokens at TGE
NFT Holders
69.44%
130,000,000
Airdrop
26.71%
50,000,000
Community Treasury
3.85%
7,213,114.75
Total Supply Breakdown (Fully Released)
Category
% of Total Supply
Tokens
Community
62.00%
620,000,000
Core Development
25.00%
250,000,000
Marketing
5.00%
50,000,000
Operations
5.00%
50,000,000
Liquidity
3.00%
30,000,000
Release Schedule
To support responsible distribution over time, only tokens not released at the Token Generation Event (“Unreleased Supply”) will be subject to vesting. At TGE, Orbit intends to deploy vesting contracts for the Unreleased Supply, with scheduled unlocks occurring over up to 60 months. Unless otherwise stated, vesting unlocks linearly over the applicable vesting period to avoid abrupt unlocks or concentrated releases.
Community Treasury
Total Allocation: 43.28% of Total Supply
Vesting Period: 60 months (5 years)
Purpose: Funds from the community treasury may be used to fuel yield multipliers, cashback / referral expansions, and future campaigns that directly benefit Orbit's active user base.
Marketing Wallet
Total Allocation: 4.86% of Total Supply
Vesting Period: 36 months (3 years)
Core Development Wallet
Total Allocation: 24.32% of Total Supply
Vesting Period: 36 months (3 years)
Operations Wallet
Total Allocation: 4.86% of Total Supply
Vesting Period: 36 months (3 years)
Token Utility
Orbit may introduce and iterate on utility incentives that support platform engagement (e.g., discounts, rebates, loyalty and referral utilities). Program design may be implemented through smart contracts, treasury actions, or other mechanisms. Eligibility, parameters, and any caps may be adjusted over time, and programs may be paused or retired as needed for operations, compliance, liquidity, or overall platform health.
Below are examples of how protocol fees can be used to support incentives (subject to program design at launch):
Fee-Based Incentives
Buyback & Burn Mechanism
Up to 15% of protocol fees collected from a user trade may be allocated to purchasing $ORBIT on the open market and permanently removing it from circulation.
Cashback
Up to 5% of protocol fees collected from a user trade may be allocated to purchasing $ORBIT on the open market and returning it to the transacting user.
Referral rewards on every trade
Up to 10% of protocol fees collected from a user trade may be allocated to purchasing $ORBIT on the open market and distributing it to the referring account.
Platform Utility
Access to advanced platform features, analytics, data queries, and APIs, purchasable using $ORBIT.
Potential eligibility for APY multipliers when participating in $ORBIT-based yield programs, where applicable.
Incentive mechanics and feature access may evolve over time as the platform grows.
⚠️ Key Notes
This Litepaper is informational. Read Terms of Service and NFT Ownership and License Agreement for a fuller scope.
Program parameters (eligibility, caps, timelines, and mechanics) may evolve as the platform matures and to support compliance, risk management, and long-term sustainability.
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