🍬O-Points

To better serve our users, Orbiter Finance has introduced O-Points, aimed at recognizing and recording user contributions on the platform while effectively tracking each user's loyalty contributions.

What are O-Points used for?

You can visit https://www.orbiter.finance/ and connect your wallet to view the O-Points held by your address as well as the honors of Pilot NFTs on the O-Points dashboard. Historical bridged transactions and third-party platform points will be automatically retroactively applied, with a snapshot taken at the time of O-Points’ initial launch. Contributions from activities such as NFT-related rewards, community services, and early Grant funding will also gradually receive retrospective rewards in the future.

Components of O-Points

The calculation of O-Points consists of four parts: Basic Points, Activity Points, Card Points, and Ecosystem Points.

1. Basic Points: Basic contribution rewards for using Orbiter Finance’s bridging services.

2. Activity Points: Task rewards for participating in Orbiter Finance-related activities.

3. Card Points: Completing any 3 transactions (such as Bridge/Swap/Bundle) will earn a card, and the card will randomly provide points within a designated range.

4. Ecosystem Points: Rewards for interacting with Orbiter's ecosystem dApp based on the Orbiter Cross-Rollup Protocol.

Basic Points and Exchange Standards

All historical transactions you conduct using Orbiter Finance’s bridging service will be converted into Basic Points according to specific standards based on different bridged tokens and destination networks. Following the historical retroactive application of O-Points, each newly added bridged transaction will be recorded and updated to your account’s Basic Points on the same day.

Sources of Points:

1. Transaction Points: Only Swap cross-chain transactions, basic bridging transactions, and Collector transactions will earn points.

   • Note: Same-chain transactions will not earn points for now.

   • Calculation Method: Based on the transaction amount and fees, dynamically calculated and displayed on the page.

2. Activity Points: Daily check-ins, regular activities, Quest activities

   • Calculation Method: Calculated according to the rules defined for each activity.

3. Card Points:

   • Completing 3 transactions (such as Bridge, Swap, or Bundle) will earn you a card, and the card will randomly reward points within a specific range.

4. Ecosystem Points:

   • Interactions with Orbiter’s ecosystem dApp based on the Orbiter Cross-Rollup Protocol will earn rewards.

Activity Points and Exchange Standards

For users who have existing points on platforms such as Galxe, TaskOn, and QuestN, we will retrospectively convert those platform points into Activity Points according to the following standards.

Activity Platforms:

• Galxe: 20:1

• QuestN: 10:1

• TaskOn: 2:1

We encourage users to actively participate in various activities within Orbiter Finance, especially the tasks presented on the O-Points frontend (official website). During the O-Points activity period, completing relevant cross-chain tasks will not only earn Basic Points but also provide additional Activity Points as rewards. If a transaction fulfills multiple simultaneous activity tasks, the task reward will be received only once (typically for the most recently released activity task).

About the Address:

O-Points will be granted based on the "From Address".

For example:

• From Arbitrum to any other chain, O-Points will be calculated to the Arbitrum address.

• From Starknet to any other chain, O-Points will be calculated to the Starknet address.

• From Solana to any other chain, O-Points will be calculated to the Solana address.

Conclusion:

The O-Points system is a way for us to recognize user participation and contributions, aimed at promoting a vibrant and interactive community within the Orbiter Finance ecosystem. We will continue to optimize this system, adjusting and refining it based on user feedback, ensuring a fair and mutually beneficial experience for all our users.

For any further details or inquiries about the O-Points system, feel free to contact our support team on Discord.

Orbiter Finance will continue to delve deeper into ZK technology, developing a decentralized cross-Layer2 interoperability protocol, aiming to become the Ethereum Acceleration Engine. We look forward to having all our pilots join us on this journey!