Ultorex has been certified as a Guardian node playing a central role in Orbs' PoS model. In collaboration with Orbs, we will offer a special staking opportunity with two campaign deals!
⚫ Orbs Staking from Ultorex
Staking rewards will be 30% APR*, which is 3x the normal rate
Campaign 1: 100 USD** gift for everyone who clears all conditions
Campaign 2: Up to 30,000 ORBS*** will be awarded to the top 10 participants!
*APR will revert to the standard Orbs staking reward of 6.67% after the campaign period.
**100 USD can be selected from USDC, BUSD, DAI, or TUSD on their respective chains at the time of withdrawal.
***ORBS winnings will be granted separately from staking rewards.
Please note campaign applicants cannot unstake for one month after the end of the campaign.
⚫ Campaign Period
4/11/2022 12:00 UTC ~ 5/5/2022 12:00 UTC
* Deposits and withdrawals for ORBS are expected to start from 4/12/2022 12:00 UTC, subject to possible change. Any changes will be announced via Twitter.
⚫ ORBS Deposits/Withdrawals Start
4/10/2022 12:00 UTC ~
* Initially ORBS ERC20 can be deposited. ORBS deposits via Polygon chain will be announced on Twitter when enabled.
⚫ Campaign Summary
・Campaign 1: Gift of 100 USD
All participants who meet the conditions will receive 100 USD of a stablecoin.
Conditions
- Deposit 10,000 ORBS or more *ORBS purchased and staked on Ultorex is also eligible for the staking campaign.
- Stake 10,000 ORBS or more
- Follow Orbs (https://twitter.com/orbs_network) &
Ultorex (https://twitter.com/UltorexOfficial)
on Twitter - Retweet this campaign’s tweet
https://twitter.com/UltorexOfficial/status/1513078881930334210 - Fill in the campaign application form:
https://docs.google.com/forms/d/e/1FAIpQLSdeQduEpTXOCQu2IGiRMYXPqdkiC2l4401tMj_08_eN2QD3Hg/viewform
*Participants that unstake during the campaign period will be disqualified.
・Campaign 2: Top 10 ORBS Stakers
The following amount of ORBS will be granted to the top 10 participants in Campaign 1 above:
|
Rank |
Reward (ORBS) |
USD ~Amt.* |
|
1 |
30,000 |
$2,700 |
|
2 |
20,000 |
$1,800 |
|
3 |
10,000 |
$900 |
|
4 |
9,000 |
$810 |
|
5 |
8,000 |
$720 |
|
6 |
7,000 |
$630 |
|
7 |
5,000 |
$450 |
|
8 |
4,500 |
$405 |
|
9 |
3,500 |
$315 |
|
10 |
3,000 |
$270 |
|
Total: |
100,000 |
$9,000 |
*ORBS = $0.09 (Based on rate as of 4/5/2022)
Campaign rewards of 100 USD and top 10 ORBS winnings will be distributed within one week after the end of the campaign period.
⚫ Orbs staking can be laborious and incur costly fees to bridge to the Polygon chain, but Ultorex makes it easy to stake without worrying about it!!
Orbs can be deposited and withdrawn on either ERC20 or the Polygon chain.
Staking will automatically be staked on the Polygon chain. (If you deposit ERC20 ORBS, Ultorex will bear the cost of bridging it to the Polygon chain and stake it.)
⚫ Orbs unstake mechanism
If you want to send ORBS that are currently staked, you need to unstake them first. Unstaking will take approximately 14 days for the tokens to be transferable, so please verify and prepare in advance.
⚫ Reminder
For detailed rules and conditions regarding the staking service, please verify the application page at the start of the service before applying.
Ultorex Team