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Orchai

Basic Information

InformationDetails
Project NameOrchai
Project Websitehttps://orchai.io
Project DescriptionA low-code DeFi platform aiming to improve management and investing strategies while optimizing asset flow with AI-powered protocols and features.
Project TickerOCH

Airdrop Details

InformationDetails
Airdrop Typeholder
Total Airdrop AmountUp to 2,000,000 OCH tokens
Number of Eligible UsersNot Known
Number of ClaimantsNot Known

Timeline

EventDate
Blockchain SnapshotAug 7, 2023
Claiming StartedAug 7, 2024
Claiming EndsNot Known

Token Distribution

DistributionAmount
MaximumNot Known
Median/AverageNot Known
MinimumNot Known

Eligibility Criteria

Token holders of the following tokens are eligible for the airdrop:

  • ORAI (Oraichain)
  • ATOM (Cosmos chain)
  • OSMO (Osmosis chain)
  • KAVA (Kava chain)
  • INJ (Injective chain)

Eligibility is determined based on a single blockchain snapshot taken at an unspecified date. The amount of OCH each wallet can claim depends on several factors, including:

  • Token balance
  • Delegated and undelegated tokens
  • IBC tokens on chains and tokens within the Orchai ecosystem
  • Maximum cap per wallet
  • Wallet’s historical activities

The formula to calculate the OCH amount is:

OCH amount = available + (delegated * 2.5) + undelegated

Specific conditions for eligibility will be provided in upcoming announcements.

Additional Information

Orchai’s utility token, OCH, serves multiple purposes within the ecosystem:

  • Payment: Used to pay fees for utilizing Orchai’s products and services, including Liquid Staking, Money Market protocols, Alert Hub, Combinator, and AutoTrader features.
  • DAO Governance: OCH holders can participate in Orchai’s governance system, electing members who share profits generated from the platform’s features and protocols.
  • Rewards: Through the Orchai Loyalty Incentive Program, OCH holders can earn rewards. Utilizing Orchai products and services also entitles users to receive additional OCH tokens as rewards.

Token Allocation & Circulating Supply:

  • Total Supply: Capped at 20,000,000 OCH
  • Initial Market Cap: $200,000
  • Ecosystem: 60.0%
  • Development: 35.0%
  • Community Pool: 5.0%
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