Airdrop Details

Information Details
Airdrop Type holder
Total Airdrop Amount Up to 2,000,000 OCH tokens
Number of Eligible Users Not Known
Number of Claimants Not Known

Timeline

Event Date
Blockchain Snapshot Aug 7, 2023
Claiming Started Aug 7, 2024
Claiming Ends Not Known

Token Distribution

Distribution Amount
Maximum Not Known
Median/Average Not Known
Minimum Not 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%