# What is Orby?

Welcome to Orby Network, Cronos’ first native stablecoin lending protocol! Imagine a platform that allows you to access liquidity without worrying about incurring high or unpredictable interest costs, all while preserving and growing your deposited assets. Orby Network is designed to make lending on DeFi easy, safe, and accessible. 

Orby enables the borrowing of **$USC**, a decentralized, overcollateralized stablecoin.

### **How Orby Works:**

* **Supply collateral** to mint (borrow) $USC
  * You can supply cdcETH, cdcBTC, and LCRO as collateral
  * Orby now supports **CRO as a collateral option** for the LCRO Shuttle
* **Borrow** $USC with NO interest, at a low minimum collateral ratio of 135%
* **Earn rewards from:**
  * Liquidation revenue via the [Stability Pool](/overview/liquidations-and-the-stability-pool/stability-pool)
  * Protocol revenue & incentives via the [Vault ](/tokenomics/the-vault)
* **Redeem** USD 1 worth of collateral for 1 $USC at any time


# What is $USC?

$USC is Orby's decentralized, overcollateralized **stablecoin** that is soft-pegged to the **US dollar.** 

$USC will essentially function as 3 things:

* **A store of value.** As a stablecoin, $USC is designed to **hold its value** to a peg in spite of volatility
* **A unit of exchange.** With the above property as a stable store of value, $USC is designed to be used to facilitate transactions
* **A unit of account.** $USC will function as a unit of measurement for on-chain products, similar to how FIAT currencies denominate off-chain goods and services

Maintaining peg stability is critical for any stablecoin. That's why Orby is designed around ensuring and incentivising $USC's resiliency. Our robust risk management features are summarized below: 

<figure><img src="/files/5UvccuNcqTSvqToZe5P9" alt=""><figcaption></figcaption></figure>

To read in more detail about these features:&#x20;

[Overcollateralization](/overview/supported-collateral/collateral-risk-parameters)

[Recovery Mode](/overview/recovery-mode)

[Instant Liquidation](/overview/liquidations-and-the-stability-pool/stability-pool)

[Redemptions](/overview/usduscs-peg-stability-and-redemptions/redemption-mechanism)

[Arbitrage](/overview/usduscs-peg-stability-and-redemptions)<br>


# Tokenomics

**Introducing** [**$ORB**](https://doc.orby.network/overview/tokenomics/usdorb) **and** [**$esORB**](https://doc.orby.network/overview/tokenomics/usdesorb)

Orby’s ecosystem is driven by 2 tokens, namely **$ORB** and **$esORB**.

**$ORB** is the tradable version of $esORB. It can be obtained through:&#x20;

1. Our [Airdrop Campaign](https://doc.orby.network/overview/airdrop-campaign),&#x20;
2. Any available CEX/DEX, or&#x20;
3. By [converting $esORB to $ORB](https://doc.orby.network/user-guide/how-to-stake-usdesorb-usdorb#convert-usdesorb-to-usdorb) 1:1.

**$esORB** is the **main incentive token** for Orby users. It is [given out](https://doc.orby.network/tokenomics/usdesorb#obtain-usdesorb-via-2-methods) to:

1. [Stability Pool LPs](https://doc.orby.network/overview/liquidations-and-the-stability-pool/stability-pool), and&#x20;
2. [Vault stakers](https://doc.orby.network/overview/tokenomics/the-vault).&#x20;

<figure><img src="/files/2minFTUe0LY6Jrc41vUz" alt=""><figcaption></figcaption></figure>


# $ORB

$ORB is one of the native tokens of Orby Network.

* Ticker: $ORB
* Total Supply: 1,000,000,000

### Breakdown

**Airdrop Campaign**— 50,000,000 $ORB \[5%]

* To be allocated across multiple seasons
* Given only to eligible participants of the Orby Airdrop Campaign

**Community Incentives** — 200,000,000 $ORB \[20%]

* For community members to incentivise liquidity provision and staking on Orby (e.g. Stability Pool, Vault, Stability Fuel)

**Team** — 100,000,000 $ORB \[10%]

* To incentivise Orby’s current & future team members

**Marketing & Partnerships** — 200,000,000 $ORB \[20%]

* For future marketing and community initiatives

**Ecosystem Reserve** — 200,000,000 $ORB \[20%]

* For network security and maintenance requirements

**Liquidity Management**— 250,000,000 $ORB \[25%]

* To incentivise and deepen liquidity for $ORB and/or $USC on DEXes or other external protocols

<figure><img src="/files/CLXY4MFuaBbHPInJwPtd" alt=""><figcaption></figcaption></figure>

## $ORB utility

You can deposit your $ORB in the [Vault](/tokenomics/the-vault) to enjoy the following rewards:

1. $esORB rewards
2. Share of protocol revenue in $USC, $cdcETH, $cdcBTC, and $LCRO
3. Stability fuel - a boost on your $esORB rewards if the user is a Stability Pool depositor

## Obtain $ORB via 3 methods

1. Buy on open market (i.e. on VVS)
2. [Convert](https://doc.orby.network/user-guide/how-to-stake-usdesorb-usdorb#convert-usdesorb-to-usdorb) your $esORB to $ORB (the conversion will take a total of 90 days to complete)
3. Via our [Airdrop Campaign](/overview/airdrop-campaign)<br>


# $esORB

$esORB is a time-locked version of $ORB. It’s non-tradable and non-transferable but shares protocol revenue.

### **Key Features:**

* **Revenue Sharing: Deposit $esORB in the** [**Vault**](https://doc.orby.network/overview/tokenomics/the-vault) **to earn revenue.**
* **Conversion:** [**Convert $esORB to $ORB** ](https://doc.orby.network/user-guide/how-to-stake-usdesorb-usdorb#convert-usdesorb-to-usdorb)**at a 1:1 ratio after a 90-day wait.**

#### **Rewards for Vault Depositors:**

* $esORB rewards
* Protocol revenue in $USC, $cdcETH, $cdcBTC, and $LCRO
* Stability fuel: Boosted $esORB rewards if you’re a Stability Pool depositor

**Boosting Tiers:**

| **$ORB/$esORB Staking Amount** | **Boost Multiplier (x)** |
| ------------------------------ | ------------------------ |
| 0                              | 1                        |
| 615                            | 1.05                     |
| 1,240                          | 1.1                      |
| 1,868                          | 1.15                     |
| 2,815                          | 1.2                      |
| 4,242                          | 1.25                     |
| 6,392                          | 1.3                      |
| 9,632                          | 1.35                     |
| 14,514                         | 1.4                      |
| 21,870                         | 1.45                     |
| 32,594                         | 1.5                      |
| 49,656                         | 1.55                     |
| 74,823                         | 1.6                      |
| 112,745                        | 1.65                     |
| 169,886                        | 1.7                      |
| 255,987                        | 1.75                     |
| 385,725                        | 1.8                      |
| 581,217                        | 1.85                     |
| 875,789                        | 1.9                      |
| 1,319,654                      | 1.95                     |
| 1,988,478                      | 2                        |

### **Obtain $esORB via 2 methods**

1. Deposit $USC in the [Stability Pool](https://doc.orby.network/overview/liquidations-and-the-stability-pool/stability-pool)
2. Deposit $esORB and/or $ORB into the [Vault](https://doc.orby.network/overview/tokenomics/the-vault)

### **$esORB use cases**

* Deposit into the Vault for the same rewards as $ORB
* Convert to $ORB (90 days process), after which it can be traded or transferred
* Maintains a 1:1 peg with the price of $ORB

### **Convert $esORB to $ORB - 90 day waiting period**

* 90-day waiting period to convert $esORB to $ORB at 1:1 peg
* During the wait:
  * No rewards earned
  * Process is irreversible once started<br>


# The Vault

The Vault allows users to earn protocol revenue by staking $esORB and $ORB. Both tokens earn rewards at the same rate.

**Key Features:**

* **Rewards:**
  * **$esORB rewards**
  * **Protocol revenue in $USC, $cdcETH, $cdcBTC, and $LCRO**
  * **Stability fuel: Boosted $esORB rewards for Stability Pool depositors**

### **Withdrawals:**

* 90-day waiting period to withdraw $esORB and/or $ORB from the Vault.
* During the wait:
  * No rewards earned
  * $esORB is [converted](https://doc.orby.network/user-guide/how-to-stake-usdesorb-usdorb#convert-usdesorb-to-usdorb) to $ORB at the end
  * Irreversible once started (tokens can't return to the Vault during this period)

### Stability Fuel **- boost your Stability Pool rewards:**

Stability Fuel boosts the APR of [Stability Pool ](https://doc.orby.network/overview/liquidations-and-the-stability-pool/stability-pool)deposits for users who stake $esORB or $ORB in the Vault.

* Higher deposits = higher boost multiplier
* Boost multiplier increases the value of staked $USC, allowing a greater share of emissions
* Maximum multiplier: 2x


# $USC Borrowing & Repayment

* [Borrowing $USC](/overview/usdusc-borrowing-and-repayment/borrowing-usdusc)
* [Repaying $USC](/overview/usdusc-borrowing-and-repayment/repaying-usdusc)


# Borrowing $USC

$USC is an overcollateralized [stablecoin](https://doc.orby.network/introduction/what-is-usdusc). This means you need to deposit more [collateral](https://doc.orby.network/overview/supported-collateral) in order to borrow it. *For steps on how to borrow $USC, please click* [*here*](https://doc.orby.network/user-guide/how-to-borrow-usdusc)*.*

**To get started:**

* Users will need to [open up a shuttle](https://doc.orby.network/overview/usdusc-borrowing-and-repayment/borrowing-usdusc) in order to borrow $USC.&#x20;
  * A minimum debt of $USC 100 must be maintained in this shuttle in order for it to remain active.
* Users deposit accepted [collateral](https://doc.orby.network/overview/supported-collateral) in order to borrow (mint) $USC
  * The maximum allowable amount is determined by the [minimum collateral ratio](https://doc.orby.network/overview/supported-collateral/collateral-risk-parameters) (USD value of collateral / USD value of debt). <br>

A borrowing fee and a liquidation reserve will also be added to the user’s debt position.&#x20;

* [**Borrowing fee**](https://doc.orby.network/overview/usduscs-peg-stability-and-redemptions/base-rate#borrowing-repayment-fees)**:** a variable fee that is charged every time new $USC is minted&#x20;
* **Liquidation reserve:** a $USC 20 reserve is added to a user’s debt position, which is set aside as gas compensation for liquidators should the shuttle be liquidated. This deposit is “refundable” (i.e. burnt) if the shuttle does not get liquidated while active<br>

A shuttle’s collateral ratio is continuously updated relative to the asset prices as reflected by our oracle, and is calculated as follows:

$$
collateral ratio = (amount of collateral in USD / amount of $USC borrowed in USD) \* 100
$$

## **Commonly asked questions**

<details>

<summary>What is a shuttle?</summary>

A shuttle represents your collateralised debt position (CDP). Within each shuttle, you will find a record of the amount of collateral you have deposited, and the amount of debt you have incurred.

</details>

<details>

<summary>What is the minimum amount of debt I can borrow?</summary>

You have to borrow at least USC 100.

That means, the minimum amount of collateral (with regards to $cdcETH) that you need to deposit is USD135.&#x20;

However, we recommend that you deposit at least USD180 worth of [collateral](https://doc.orby.network/overview/supported-collateral) to borrow USC 100 of debt. This helps to keep your collateral ratio at a healthier level of 180%, which lowers your chances of getting liquidated or redeemed against.&#x20;

</details>

<details>

<summary>What does it mean to keep my shuttle "active"?</summary>

If you are borrowing $USC, this means your shuttle is active. If you have repaid all your debt, your shuttle will close (i.e. inactive).

In order to keep your shuttle active, you need to maintain a debt of at least USC 100 in it.&#x20;

For example, if you have borrowed $150 USC, you either can partially repay a maximum of $50 USC (you need to keep at least USC 100 in the shuttle to keep it active), or fully repay the $150 USC.&#x20;

</details>

<details>

<summary>What fees will I incur?</summary>

The primary fee you will incur is the variable borrowing fee.

The liquidation reserve is ONLY charged to you if you get liquidated. Otherwise, this fee is cancelled off from your debt.&#x20;

</details>

<details>

<summary>I only borrowed [$100 USC]. Why does my shuttle say I owe [$120.50]?</summary>

The $100 USC that you borrowed is the amount of $USC that gets sent to your wallet for your use.

However, as mentioned, you will incur 2 types of charges when your borrow $USC: 1) a variable borrowing fee, and 2) a 20 USC liquidation reserve.

So if the borrowing fee is currently 0.5%, then your total borrow amount = amount receive in wallet + liquidation reserve + borrowing fee = $100 + $20 + $0.50 = $120.50

</details>


# Repaying $USC

To withdraw your collateral, you must first repay borrowed $USC. When $USC debt is repaid, these $USC tokens are burnt (removed from circulation). *For steps on how to repay $USC, please click* [*here*](https://doc.orby.network/user-guide/how-to-repay-usdusc)*.*

Here's what you need to know about the repayment process:&#x20;

1. A **minimum of 100 $USC** must remain in a shuttle to keep it active.
2. If you repay your entire debt, your shuttle will be **closed** (become inactive).
3. **Liquidation Reserve Policy:** If your shuttle is closed, the **20 $USC liquidation reserve** is **not refundable**—it will be burnt and permanently removed from circulation.

#### Important Note

You **do not** need to repay the **20 $USC liquidation reserve** unless you are **liquidated**. This reserve is only deducted in the event of liquidation and is not part of your repayable debt.

<figure><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXezPuRfO0AW7kJooiKvZf8kUz8TrrDdKczp5WZ7GfQ3m6lHOk7Uk2mmY3jQ5l8WKMoM8yH7x204or_IBbvcdmKrgOUEGquTm9N1d8l7S5zDCSJ4VOH5gDyaxcwLRvKA3xBBkXh_6g?key=-lSTrxiNSL2RxWy0lj6j4xo9" alt=""><figcaption></figcaption></figure>

## Commonly asked questions

<details>

<summary>My shuttle says I owe [$120.50], but I only need to repay [$100.50]. Why?</summary>

That's because you don't have to repay the USC20 liquidation reserve. This reserve is ONLY charged to you if you get liquidated.&#x20;

</details>

<details>

<summary>My debt is [$120.50]. Why can I only partially pay a maximum of [$0.50]?</summary>

You can either choose to 1) fully repay or 2) partially repay your debt. If you partially repay your debt, keep in mind you need to maintain at least USC100 in your shuttle at all times.&#x20;

For example, if you have borrowed $120.50 USC, this is how much you need to repay:

* Full repayment = shuttle debt amount - liquidation reserve = 120.50 USC - 20 USC = 100.50 USC
* Max partial repayment = shuttle debt amount - liquidation reserve - minimum USC 100 in a shuttle = 120.50 USC - 20 USC - 100 USC = 0.50 USC&#x20;

</details>


# Supported Collateral

Our vision is for $USC to be an overcollateralized stablecoin backed by multiple collateral types. At launch, CDCETH was the first collateral to be supported. We’ve since expanded support to include cdcBTC and LCRO, offering users greater flexibility and utility. Orby now supports **CRO as a collateral option** for the LCRO Shuttle.<br>

CDCETH is a type of receipt token representing staked Ether (ETH) and any accrued staking rewards. Read more about the token [here](https://crypto.com/document/cdceth_whitepaper).<br>

CDCBTC is a token backed 1:1 by native Bitcoin (BTC), with the underlying BTC securely held in cold storage under Crypto.com’s custody. Read the whitepaper [here](https://crypto.com/document/cdcbtc-whitepaper.pdf).<br>

LCRO is a liquid staking token that represents staked CRO through Veno. It is a yield-bearing, auto-compounding asset, allowing users to passively earn staking rewards. Read more [here](https://crypto.com/en/product-news/crypto-com-app-lists-liquid-cro-lcro).

CRO is the native token of the Cronos chain. Read more [here](https://crypto.com/price/cronos). In order to use CRO as collateral, you will need to do the following:

* Open a new LCRO Shuttle using **CRO as collateral**
* Add **CRO** to LCRO Shuttle
* Withdraw collateral in **CRO** instead of LCRO
* Repay full debt and receive **CRO** back into their wallet

Orby handles the swap between **CRO ⇄ LCRO** in the background via Ferro or VVS, using the most efficient route based on price, slippage, and swap fees.

<br>


# Collateral Risk Parameters

The minimum collateral ratio (MCR) works to ensure that $USC remains overcollateralized at all times. Every shuttle must have a debt position above MCR in order to remain active.&#x20;

To recap, collateral ratio is calculated as follows:

*Collateral ratio = (amount of collateral in USD / amount of $USC borrowed in USD) \* 100*

The MCR is dependent on our risk assessment of the underlying collateral type. <br>

<table><thead><tr><th>Collateral Type</th><th width="273">Parameter</th><th></th></tr></thead><tbody><tr><td>CDCETH &#x26; CDCBTC</td><td>Minimum Collateral Ratio (MCR)</td><td>135%*</td></tr><tr><td>CDCETH &#x26; CDCBTC</td><td>Total Collateral Ratio (TCR)</td><td>150%</td></tr><tr><td>CDCETH &#x26; CDCBTC</td><td>Collateral Cap</td><td>N.A.</td></tr></tbody></table>

*\*The minimum collateral ratio displayed on Orby's website will be 140%. We provided a 5% buffer to ensure that users do not get immediately liquidated*

| LCRO (& CRO) | Minimum Collateral Ratio (MCR) | 135%\* |
| ------------ | ------------------------------ | ------ |
| LCRO (& CRO) | Total Collateral Ratio (TCR)   | 150%   |
| LCRO (& CRO) | Collateral Cap                 | N.A.   |

*\*The minimum collateral ratio displayed on Orby's website will be 135%. We provided a 5% buffer to ensure that users do not get immediately liquidated*

## Commonly asked questions

<details>

<summary>What is Total Collateral Ratio (TCR)?</summary>

**Total Collateral Ratio (TCR)** is the average of all shuttle's collateral ratio.&#x20;

* TCR = total dollar value of the respective collateral / total dollar value of the corresponding debt&#x20;

If TCR falls below the specified threshold (in this case it's 150%), then all shuttles with $cdcETH will go into Recovery Mode. You can read more about Recovery Mode and its impact on you [here](/overview/recovery-mode).&#x20;

</details>


# Liquidations & the Stability Pool

* [Liquidations](/overview/liquidations-and-the-stability-pool/liquidations)
* [Stability Pool](/overview/liquidations-and-the-stability-pool/stability-pool)


# Liquidations

To keep the entire $USC supply fully backed, any shuttle that falls [**below the Minimum Collateral Ratio (MCR)**](https://doc.orby.network/overview/supported-collateral/collateral-risk-parameters) will be **fully liquidated**.

**How Liquidation Works:**

1. A shuttle is flagged for liquidation when its collateral ratio drops below the MCR.
2. A liquidator detects the flagged shuttle and starts the liquidation process.
3. The shuttle’s debt is erased using $USC from the Stability Pool (this $USC is then burned).
4. The shuttle’s collateral is distributed as follows:
   * 0.5% + the 20 $USC liquidation reserve go to the liquidator.
   * 99.5% goes to Stability Pool depositors.
5. The shuttle is closed, and the owner keeps their remaining borrowed $USC.

## Commonly asked questions

<details>

<summary>How does a liquidation impact me?</summary>

If you get liquidated, you will lose all of your collateral. However, you can keep the borrowed $USC

</details>

<details>

<summary>What can I do to avoid getting liquidated?</summary>

While it is impossible to completely avoid getting liquidated, it is recommended that you maintain your shuttle's collateral ratio above 180%

</details>


# Stability Pool

The **Stability Pool (SP)** is the primary source of funds for liquidations on Orby Network. When liquidations occur, SP depositors absorb the debt and, in return, receive a share of the liquidated collateral, distributed based on their deposit size. *For steps on using the Stability Pool, please click* [*here*](https://doc.orby.network/user-guide/how-to-use-the-stability-pool)*.*

**Key Features:**

* **No minimum lockup** – deposit and withdraw anytime.
* **Withdrawals may be paused** if there are undercollateralized positions.

**Rewards for SP Depositors:**

1. **Liquidation Proceeds** – Paid in the underlying [collateral](https://doc.orby.network/overview/supported-collateral) (e.g., $CDCETH, $CDCBTC, $LCRO).
2. **Protocol Rewards** – Paid in [$esORB](https://doc.orby.network/overview/tokenomics/usdesorb).

<figure><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXeuF0bIeH__QdNYheMOU9OPSpnAhyOrpJIRuSMsddp63unuU0jEUH_js5Yl7mrhxKYWfhchYB_CRY129X7WJQYRbSmIk4nimFcvMWo8ankkGxEX7h9s5JgQDcdQPxkjFRfYXJJv?key=-lSTrxiNSL2RxWy0lj6j4xo9" alt=""><figcaption></figcaption></figure>

## Commonly asked questions

<details>

<summary>Why should I deposit $USC in the Stability Pool?</summary>

* You will earn real yield (liquidation revenue) paid out in $cdcETH, $cdcBTC, and $LCRO
* You will earn token incentives paid out in $esORB
  * $esORB can be converted to $ORB or deposited in the Vault for even more rewards

</details>

<details>

<summary>I deposited [USC 100] into the Stability Pool. Why do I now only have [USC 80]?</summary>

Any $USC deposited in the Stability Pool will be used to pay a liquidated user's debt. Hence, you will expect to see your $USC in the pool decline. However, you will instead receive your collateral at a discounted rate in return.&#x20;

For example, a user with a collateral ratio of 135% (USC 100 worth of borrowing) gets liquidated. $100 will be taken from the Stability Pool (SP) to pay off his debt, and $135 of his $cdcETH collateral will be sent to the Pool and distributed between liquidity providers and the liquidator.&#x20;

This essentially means that SP providers (excluding the liquidator) paid $100 for $134.325 worth of $cdcETH.&#x20;

</details>

<details>

<summary>Can I withdraw my $USC at any time?</summary>

Yes - unless there are undercollateralized positions that have yet to be liquidated. In such a scenario, withdrawals will be halted until all underwater positions are liquidated.

</details>


# $USC's peg stability & Redemptions

Each $USC is pegged to the value of 1 USD. As such, this parity between $USC and USD is anchored in the system as equilibria - users naturally view $1 to be the point of reversion for $USC during periods of volatility. In addition to this, any $USC that is minted, repaid or redeemed on Orby Network is settled at parity value of $1.

With this anchor point and condition in mind, there are actions that users can take in times where $USC is temporarily depegged:<br>

If $USC trades for more than target price ($1):

* Users deposit collateral and mint $USC
* Users then sell $USC at higher price on the open market
* Price gradually decreases back to peg

If $USC trades for less than target price ($1):

* Users buy $USC at a lower price on the open market
* Users repay their debt at parity value
* Price gradually increases back to peg<br>

Over time, these actions naturally bring the peg back to 1:1 and reinforces the validity of the soft peg.

## Price ceiling

Intrinsically, $USC has a price ceiling of $1.35. Since the protocol currently has a [Minimum Collateralisation Ratio](/overview/supported-collateral/collateral-risk-parameters) of 135%, anytime USC trades above $1.35, users can take out a minimum loan on their collateral to borrow $USC and sell it on the market. Even if a liquidation occurs they make a profit of the price difference between the market and $1.35.

<figure><img src="/files/bTTWeh9I69HhyrlUZH1q" alt=""><figcaption></figcaption></figure>

## Further mechanisms

In order to influence $USC’s stability in a more direct manner and enact a more active price floor, Orby has mechanisms in place to bring the price of $USC back to peg which includes:

* [the Base Rate](/overview/usduscs-peg-stability-and-redemptions/base-rate)
* [the Redemption Mechanism](/overview/usduscs-peg-stability-and-redemptions/redemption-mechanism)\*


# Base Rate

### **Borrowing / Repayment Fees**

* (Normal) Borrowing Fees: borrowing\_amount \* (BASE\_RATE + 0.5%) (up to a max of 5%)&#x20;
* (Recovery Mode) borrowing Fees: 0%
* Repayment Fees: 0%

For example, when the borrowing fee stands at 1.5% (base rate = 1%), and the borrower wants to borrow 1,000 $USC. The borrower will incur a debt of 1,000 \* (1+1.5%) + 20 = 1,035 $USC after the Borrowing fee and liquidation reserve is added.&#x20;

### **Redemption Fees**

* Redemption Fees: redemption\_amount \* (BASE\_RATE + 0.5%) (up to a max of 5%)

\
The Base Rate is the key variable that acts as a soft peg mechanism by encouraging or discouraging the borrowing of $USC. <br>

This Base Rate starts off at 0 but increases with every redemption event:

* Base Rate (t) = Base Rate(t-1) + a \* ($$USC redeemed/$$USC supply), a = 0.5<br>

If redemption demand is high, it likely indicates a high supply of $USC, and that it’s trading below peg. An increase in the Base Rate makes it expensive to borrow more $USC, effectively curbing the supply of new loans. This decrease in $USC supply over time gradually pushes the price back up to peg.<br>

The Base Rate has a decay factor from the time since the last fee event, be it the last borrowing or redemption of $USC. With the current set up, the half life of the Base Rate (time it takes for Base Rate to halve from last event) is half a day:

* Base Rate (t) = Base Rate(last fee event) \* b^(block since last fee event / blocks produced in ½ day), b = 0.5

No fee events likely indicate that fees are too high for both redemptions or borrowing. This decay helps regulate fees when it becomes too exorbitant for market conditions.

{% hint style="info" %}
Notes:

* The redemption fee is charged in the respective collateral currency (e.g. cdcETH).&#x20;
* The borrowing and redemption fee floor is set at 0.5% in Normal Mode. In Recovery Mode, the borrowing fee will be 0%. (more details on Recovery Mode can be found here)
  {% endhint %}


# Redemption Mechanism

TLDR: Swap 1 $USC for USD 1 worth of $cdcETH - any time

Think of redemptions like a one-sided swap on a DEX. You can only swap $USC for $cdcETH, but not the other way around. *For steps on using the Redemption feature, please click* [*here*](https://doc.orby.network/user-guide/how-to-use-the-redemption-feature)*.*

**How It Works:**

* 1 $USC can always be redeemed for USD 1 worth of collateral on Orby’s platform.
* This Redemption Mechanism helps maintain the $USC peg when its value falls below USD 1.
* Users can buy discounted $USC from the market and redeem it 1:1 for USD worth of the underlying collateral, helping to push the price back to peg.
* Orby’s [Redeem](https://orby.network/redeem/) page will show [real-time ](/user-guide/how-to-use-the-redemption-feature/getting-the-best-exchange-rate)$USC to cdcETH rate comparison from different sources so you can get the best redemption rate.

**Key Points:**

* Anyone can use redemptions, but a variable fee may apply.
  * The redemption fee changes based on the Base Rate and increases with each redemption event.
  * Typically, users redeem when $USC trades below peg to make it economically viable.

**Redemption vs. Repayment:**

* **Repayment**: You [pay back](https://doc.orby.network/overview/usdusc-borrowing-and-repayment/repaying-usdusc) your own $USC debt within your shuttle.
* **Redemption**: You swap $USC 1:1 for someone else’s collateral.
  * Collateral comes from the “unhealthiest” shuttles (those with the lowest collateral ratio) first.

**Important: Redemptions are** [**not the same**](https://doc.orby.network/overview/understanding-liquidations-vs-redemptions-vs-repayment) **as repaying one’s $USC debt.**

{% hint style="info" %}
Note:

* The best way for users to avoid getting their collateral redeemed against is to ensure that their shuttle’s collateral ratio is healthier than your peers
* The owner of the shuttle technically does not incur a net loss in this process as their debt is paid in exchange for shuttle collateral
  {% endhint %}

## Commonly asked questions

<details>

<summary>What's the incentive for me to use the Redemption Mechanism?</summary>

If the price of $USC falls below $1 on an exchange (e.g. $0.90), you can:

1. buy $USC on the exchange for $0.90, and&#x20;
2. redeem 1 USC for $1 worth of $cdcETH

You will be able to profit from the $0.10 difference (minus a redemption fee)

</details>

<details>

<summary>Are redemptions = repaying my debt?</summary>

No.&#x20;

Redemptions = swap your USC for someone else's collateral

Repayment = repay your own shuttle's USC debt and retrieve your collateral

</details>

<details>

<summary>What fees will I incur from using this feature?</summary>

You will incur a variable redemption fee every time the Redemption feature is used.&#x20;

</details>

<details>

<summary>How is my shuttle impacted by the Redemption Mechanism?</summary>

Shuttles are ranked from lowest (most unhealthy) to highest collateral ratios (healthiest). The most unhealthy shuttles will get redeemed first.

If your shuttle is the most unhealthy vs your peers, you will be first in line to be redeem against.&#x20;

This means that you risk losing some or all of your collateral.

</details>

<details>

<summary>How do I keep my shuttle safe from redemptions?</summary>

Since most unhealthy shuttles will get redeemed first, it is recommended that you always maintain a healthy collateral ratio, which is typically above 180%. This helps lower your probability of getting redeemed.

</details>


# Understanding Liquidations vs Redemptions vs Repayment

## What happens during a liquidation?

1. Your shuttle will be closed
2. You lose your 20 $USC Liquidation Reserve deposit (this is sent to liquidator)
3. Lose all your collateral (assuming Orby is in [Normal Mode](/overview/recovery-mode#what-is-normal-mode))
4. You get to keep your borrowed $USC

<figure><img src="/files/rdcWqCW0dHp3KQ1XHMJv" alt=""><figcaption><p><em>The images and data shown are for illustration purposes only</em></p></figcaption></figure>

## What happens during a redemption?

#### If your shuttle was fully redeemed against:

1. Your shuttle will be closed
2. You are not required to pay the 20 $USC Liquidation Reserve deposit (this will be burnt)
3. You lose some of your collateral (redemption rate = 1 USC for $1 worth of collateral)
4. You get to keep your borrowed $USC

<figure><img src="/files/OFHCJN1mUnxtXmZDArFw" alt=""><figcaption><p><em>The images and data shown are for illustration purposes only</em></p></figcaption></figure>

#### If your shuttle was partially redeemed against:

1. Your shuttle will remain open/active and functions as per normal
2. You lose some of your collateral (redemption rate = 1 USC for $1 worth of collateral)
3. Some of your $USC debt would have been repaid by redeemer (amount determined by redemption rate)
4. You get to keep your borrowed $USC

## What happens during a repayment?

#### If you fully repaid your $USC debt:

1. Repay required borrowed $USC + borrowing fee
2. Your shuttle will be closed
3. You are not required to pay the 20 $USC Liquidation Reserve deposit (this will be burnt)
4. You can withdraw all your deposited collateral

#### If you partially repaid your $USC debt:

1. Repay required borrowed $USC
2. Your shuttle will remain open/active and functions as per normal
3. You can withdraw some of your deposited collateral (up to the minimum collateral ratio)


# Risk Dashboard

The Risk Dashboard helps users see how risky their shuttle is compared to others, allowing them to gauge how close they are to being [redeemed](https://doc.orby.network/overview/understanding-liquidations-vs-redemptions-vs-repayment#what-happens-during-a-redemption) against.&#x20;

**Accessing the Dashboard:**

* The Risk Dashboard is located on the Redeem page.
* Click “View” to open the Risk Dashboard

<figure><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXcJTWJLcfOJX-m5UbBjoPDYAhsZTlcjl7I8szO2yLT5-htHqFdWcQf9r5zWmoFcdE1KJT4dKIT7nAnLcBI2yOp4RtsI8vgCBOj5VbM0hBYejx8UKwEGesPhTzDvFzxR36eZc-wH1A?key=-lSTrxiNSL2RxWy0lj6j4xo9" alt="" width="375"><figcaption></figcaption></figure>

**Dashboard Features:**

* **Wallet:** Wallet addresses
* **Collateral:** Amount of collateral (in token terms)
* **Debt:** Debt amount (in $USC terms)
* **Collateral Ratio:** %

<figure><img src="/files/uTVVO2EWKiv92LEfiDRD" alt=""><figcaption></figcaption></figure>

**Important:**

**If your shuttle is close to being redeemed,** consider [adding more collateral](https://doc.orby.network/user-guide/how-to-add-collateral) or [repaying some debt](https://doc.orby.network/user-guide/how-to-repay-usdusc) to lower your risk of redemption. Acting promptly can help you maintain your position and avoid redemption.


# Recovery Mode

Recovery Mode activates when [**Total Collateral Ratio (TCR)**](https://doc.orby.network/overview/supported-collateral/collateral-risk-parameters) of a **specific collateral** falls below a set level. A TCR above the set level is considered healthy/normal.&#x20;

**TCR Formula:**

* Total dollar value of the respective collateral / Total dollar value of the corresponding debt&#x20;

#### **Collateral-Specific TCR:**

* Each collateral type has its own TCR, so values may differ.
  * Example: cdcETH TCR = 150% (another collateral might have a higher TCR).
* One collateral may be in Recovery Mode while another remains normal.

### Impact of Recovery Mode:

Using the above example, if **cdcETH** enters Recovery Mode:

* **Liquidation:**
  * Shuttles with a Total Collateral Ratio (TCR) below 150% can be liquidated.
* **Borrowing Restrictions:**
  * You will blocked from **cdcETH** borrowing that lowers the TCR further.
  * To borrow more, users must either:
    * Increase the Collateral Ratio of existing shuttles.
    * Open a new shuttle with a CR ≥ 150%.
* **Borrowing Cost:**
  * Reduced to 0% to encourage new and safe borrowing that meets the above criteria
* **Other Collaterals:**
  * Unaffected if those specific collaterals are not in Recovery Mode.

### Liquidation Details in Recovery Mode

In **Recovery Mode**, liquidation loss is limited to the [**Minimum Collateral Ratio (MCR)**](https://doc.orby.network/overview/supported-collateral/collateral-risk-parameters). This means that liquidators can only repay a shuttle’s debt **up to the MCR**.

* Any remaining collateral (between the **MCR and TCR**) can be **reclaimed by the borrower** through the standard shuttle interface.

**For Example, assume you have the following:**

* **Collateral:** $149
* **Debt:** $100
* **TCR:** 150%
* **MCR:** 135%
* **Liquidation Process:**
  * The user (CR of **149%**) will be flagged for liquidation.
  * **$100 of debt** will be repaid.
  * **$135 of collateral** is transferred out and split between the **liquidator** and **Stability Pool depositors**.
  * The user can **reclaim the remaining $14** of CDCETH.

#### Key Terms:

* **ICR:** Individual Collateral Ratio for shuttles
* **MCR:** Minimum Collateral Ratio for shuttles
* **TCR:** Total Collateral Ratio for shuttles
* **SP:** Stability Pool

## Commonly asked questions

<details>

<summary>What's the TLDR?</summary>

* We aim for $USC to always be backed by more than a dollar's worth of collateral
  * Recovery Mode is a key risk management feature to ensure this
* It is recommended to keep your shuttle's collateral ratio at 180% to lower the possibility of being liquidated

</details>

<details>

<summary>What is Normal Mode</summary>

When the TCR of $cdcETH is above 190%, the system is in Normal Mode. No impact to users.&#x20;

</details>

<details>

<summary>What is Cautious Mode?</summary>

When the TCR of $cdcETH is between 150 - 190%, the system is in Cautious Mode. No impact to users - but we recommend maintaining your shuttle collateral ratio at at least 180%

</details>

<details>

<summary>What is Recovery Mode?</summary>

When the TCR of $cdcETH is below 150%, the system is in Recovery Mode. Any shuttles with collateral ratio below 150% will be liquidated

</details>


# Liquidations in Normal Mode

**Liquidations in Normal Mode (TCR >= 150%)**

| Scenario                                               | Liquidation Action                                                                                                                                                                                                                                                                                                                                                                                                                                              |
| ------------------------------------------------------ | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |
| <p>MCR > ICR; SP < shuttle debt</p><p><br><br><br></p> | <p>All the Stability Pool’s $USC is offset with an equal amount of debt from the shuttles that were flagged for liquidation. A fraction of the collateral (equal to the ratio of its offset debt to its entire debt) is shared between Stability Pool depositors and the liquidator.<br><br>All remaining collateral and debt that was not liquidated (minus the $USC20 liquidation reserve) is redistributed to active shuttles (i.e. debt is socialised).</p> |
| MCR > ICR; SP >= shuttle debt                          | All debt from the shuttles that were flagged for liquidation is offset by $USC in the Stability Pool. The liquidated shuttles’ collateral is shared between Stability Pool depositors and the liquidator.                                                                                                                                                                                                                                                       |
| MCR > ICR; SP = 0                                      | All collateral and debt (minus the $USC20 liquidation reserve) is redistributed to active shuttles (i.e. debt is socialised).                                                                                                                                                                                                                                                                                                                                   |
| MCR =< ICR                                             | Nothing done                                                                                                                                                                                                                                                                                                                                                                                                                                                    |

Where:

ICR = Individual Collateral Ratio for CDCETH shuttles

MCR = Minimum Collateral Ratio for CDCETH shuttles

TCR = Total Collateral Ratio for CDCETH shuttles

SP = Stability Pool


# Liquidations in Recovery Mode

**Liquidations in Recovery Mode (TCR < 150%)**

| Scenario                                               | Liquidation Action                                                                                                                                                                                                                                                                                                                                                                                                                                                             |
| ------------------------------------------------------ | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ |
| ICR =< 100%                                            | All collateral and debt (minus the $USC20 liquidation reserve) is redistributed to active shuttles.                                                                                                                                                                                                                                                                                                                                                                            |
| MCR > ICR > 100%; SP >= shuttle debt                   | All debt from the shuttles that were flagged for liquidation is offset by $USC in the Stability Pool. The liquidated shuttles’ collateral is shared between Stability Pool depositors and the liquidator.                                                                                                                                                                                                                                                                      |
| MCR > ICR > 100%; SP < shuttle debt                    | <p>All the Stability Pool’s $USC is offset with an equal amount of debt from the shuttles that were flagged for liquidation. A fraction of the collateral (equal to the ratio of its offset debt to its entire debt) is shared between Stability Pool depositors and the liquidator.<br><br>All remaining collateral and debt that was not liquidated (minus the $USC20 liquidation reserve) is redistributed to active shuttles</p>                                           |
| <p>TCR >= ICR > MCR; SP >= shuttle debt</p><p><br></p> | <p>$USC in the Stability Pool is offset with an equal amount of debt from the shuttles that were flagged for liquidation. </p><p><br>A fraction of collateral with dollar value equal to MCR \* debt is shared between depositors.<br><br>Nothing is redistributed to other active shuttles.<br><br>Since its ICR was > MCR, the shuttle has a collateral remaining, which is sent to the Surplus Pool and is claimable by the liquidated borrower. The shuttle is closed.</p> |
| TCR >= ICR > MCR; SP < shuttle debt                    | Nothing done                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |
| TCR =< ICR                                             | Nothing done                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |

Where:

ICR = Individual Collateral Ratio for CDCETH shuttles

MCR = Minimum Collateral Ratio for CDCETH shuttles

TCR = Total Collateral Ratio for CDCETH shuttles

SP = Stability Pool


# Security & Audits

{% file src="/files/7iXoFrIhLfpQLn7vV4oh" %}


# Orby Ecosystem & Partnerships

We are thrilled to announce our partnership with [Ferro](https://ferroprotocol.com/) and [VVS Finance](https://vvs.finance/).&#x20;

You are able to trade $USC, or provide liquidity on the various pools available on Ferro, VVS, and [Crypto.com's Onchain Wallet](https://crypto.com/onchain).

We are excited to explore potential partnerships within the Cronos Chain ecosystem. Embracing the decentralised nature of Cronos Chain aligns with our commitment to fostering innovation and providing enhanced solutions to our users. Together, we can create a dynamic and inclusive environment that empowers users, promotes decentralisation, and unlocks new possibilities in the Defi world.&#x20;

\
Submit your [partnership proposal form ](https://airtable.com/appY2IfQw4aBAkwus/shrb0ag28kEIDGAEl)and we can’t wait to learn more about you!


# Airdrop Campaign

The Orby Airdrop Campaign will be conducted over multiple seasons. Eligible participants will receive $ORB as a reward.&#x20;

#### Minimum Qualification Criteria

Users need to earn a minimum number of points by the end of the snapshot to qualify.

#### How points are calculated

Your cumulative [points](https://doc.orby.network/user-guide/how-to-track-points) score can be influenced by other factors which will not be revealed until the end of every Season &#x20;

{% hint style="info" %}
We will have a surprise in store for our earliest supporters!
{% endhint %}

<br>

## **Commonly asked questions**

<details>

<summary>What are points?</summary>

Points track your contribution to Orby and help determine the proportion of airdrops rewards you may receive.

</details>

<details>

<summary>Where can I track my points?</summary>

You can visit <https://orby.network/> and click on the gift icon in the top right corner of the page. There you can track your points live, as well as view the eligible quests.&#x20;

For more detailed instructions, check out [here](/user-guide/how-to-track-points)

</details>

<details>

<summary>How do I participate in this Airdrop Campaign?</summary>

* You can earn points for completing the activities displayed in the “How to earn points” diagram
* Each activity completed will earn you points which then determine the amount of rewards you may receive
* We have special benefits for our early supporters - so do start participating as early as possible

</details>

<details>

<summary>Do I have to complete all the activities above to qualify for the airdrop?</summary>

No. The main criteria is that you need to earn a minimum number of points to qualify for the airdrop. For example, if the only activity you completed was to "open a shuttle", but the amount of $USC you borrowed exceeded the minimum points criteria, you will be eligible for the airdrop.&#x20;

</details>

<details>

<summary>How long does each Season run for?</summary>

Every season typically last several months.

Season 1 ended on June 12, 2024. Season 2 start on June 12 and will go on for *at least* 3 months.&#x20;

</details>


# Airdrop Seasons


# Season 1

For a chance to qualify for Season 1 of the airdrop campaign, users must earn a minimum number of points. Points can be earned from completing activities within 3 main categories: 1) Orby, 2) Partners, 3) NFTs. <br>

You can check the details on the activities and relevant actions on Orby’s [website](https://orby.network/).

{% hint style="info" %}
Note:

* The number of points per activity will not be disclosed&#x20;
* We may add more eligible activities to this list as we onboard more partners
  {% endhint %}

## **Season 1 Airdrop Wrap-Up and Claim Dates**

Here are the key dates to remember:

**Snapshot**: June 7th, 8:00 AM UTC (a record of participants' points will be taken).

**Claiming Starts**: June 12th, 8:00 AM UTC (eligible participants can claim the first tranche of rewards).

**Claiming Deadline (for first tranche)**: July 12th, 8:00 AM UTC (unclaimed rewards after this date will be forfeited).

**Eligibility**: Anyone who earned at least 30 points before the snapshot date is eligible to claim rewards.

## **Reward Distribution:**

This season, 1% of the total $ORB allocation will be distributed to participants. The claiming process is broken in 5 tranches:

Tranche 1:&#x20;

* 10% can be claimed
* Claim during this period only: June 12th - July 12th 2024, 8:00 AM UTC

Tranche 2:

* 10% can be claimed
* Claim during this period only: July 12th - August 12th 2024, 8:00 AM UTC

Tranche 3:

* 20% can be claimed
* Claim during this period only: August 12th - September 12th 2024, 8:00 AM UTC

Tranche 4:&#x20;

* 30% can be claimed
* Claim during this period only: September 12th - October 12th 2024, 8:00 AM UTC

Tranche 5: 30%

* 30% can be claimed
* Claim during this period only: October 12th - November 12th 2024, 8:00 AM UTC

<br>


# Season 2

Season 2 airdrop starts on June 12th!&#x20;

Head to [Orby Network website](https://orby.network/) and click on the gift button on the top right corner. Here, you can monitor the points you have accumulated for Season 2.

Season 2 will last for several months - more updates to come on timeline and additional quests.

<figure><img src="/files/PcLVTR5tjmAngyUKN0dG" alt=""><figcaption></figcaption></figure>

Stay tuned for more updates!


# How to claim airdrop rewards?

Head to [Orby Network website](https://orby.network/), click the gift button on the top right and you will see your airdrop reward details.<br>

1. Simply click ‘Claim’ and get your rewards.

<img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXcMqZoe4cDEO-6BupPW3PpG3WfW7Qqht-u2C4I7u7ibdLWaFwNBMTJ6Jnf5LDLGWOAWv_3kTJEqyrorRJbV2uuDf8L7_VL1WXJTTP8tOhC-bsU4LjUfdDb2Af531p820YY7nsQD0g?key=-lSTrxiNSL2RxWy0lj6j4xo9" alt="" data-size="original"><br>


# Airdrop Terms and Conditions

**Last Updated: 28 May 2024**<br>

These Airdrop Terms and Conditions (“Airdrop Terms”) are to be read in conjunction with the [Orby Network Protocol’s Terms of Use](https://doc.orby.network/additional-info/terms-of-use) (together, the “Terms”). Unless otherwise stated, any term not otherwise defined herein shall have the meaning set forth in the Protocol’s Terms of Use. <br>

ORBY NETWORK PROTOCOL, OUR SERVICES AND THE USC TOKEN ARE NOT OFFERED TO PERSONS OR ENTITIES WHO RESIDE IN, ARE CITIZENS OF, ARE INCORPORATED IN, OR HAVE A REGISTERED OFFICE IN THE UNITED STATES OF AMERICA OR ANY RESTRICTED TERRITORY, AS DEFINED BELOW (ANY SUCH PERSON OR ENTITY FROM THE UNITED STATES OF AMERICAN OR A RESTRICTED TERRITORY, A “RESTRICTED PERSON”). WE DO NOT MAKE EXCEPTIONS; THEREFORE, IF YOU ARE A RESTRICTED PERSON, THEN DO NOT ATTEMPT TO USE OR USE THE INTERFACE. USE OF A VIRTUAL PRIVATE NETWORK (“VPN”) TO CIRCUMVENT THE RESTRICTIONS SET FORTH HEREIN IS PROHIBITED. BY ACCESSING, USING THE SITE OR INTERFACE, OR PARTICIPATING IN THE AIRDROP YOU ACCEPT AND AGREE TO BE BOUND BY AND TO COMPLY WITH THESE TERMS. PLEASE DO NOT ACCESS, USE THE SITE OR INTERFACE, OR PARTICIPATE IN THE AIRDROP IF YOU DO NOT AGREE WITH ANY OF THESE TERMS.<br>

These Airdrop Terms govern the participation in  and receipt of ORB Tokens (“Tokens”) through the airdrop program (“Airdrop”) organised by the Protocol. By participating in the Airdrop, you (the “Participant”) agree to be bound by the Terms.&#x20;

BY PARTICIPATING IN THE AIRDROP, YOU ACKNOWLEDGE THAT YOU ARE RESPONSIBLE FOR MAKING YOUR OWN DECISION IN RESPECT OF YOUR PARTICIPATION IN THE AIRDROP AND ANY RECEIPT OF TOKENS. ANY PARTICIPATION IN THE AIRDROP IS SOLELY AT YOUR OWN DECISION AND RISK. IT IS YOUR OWN SOLE RESPONSIBILITY TO SEEK APPROPRIATE PROFESSIONAL, LEGAL, INVESTMENT, AND TAX ADVICE IN RESPECT OF THE AIRDROP AND ANY RECEIPT OF THE TOKENS PRIOR TO PARTICIPATING IN THE AIRDROP AND PRIOR TO RECEIVING ANY TOKENS.&#x20;

BY PARTICIPATING IN THE AIRDROP, YOU EXPRESSLY ACKNOWLEDGE AND ASSUME ALL RISK RELATED THERETO. IN NO EVENT WILL THE PROTOCOL OR ANY MEMBER OF THE PROTOCOL BE HELD LIABLE IN CONNECTION WITH OR FOR ANY CLAIMS, LOSSES, DAMAGES, OR OTHER LIABILITIES, WHETHER IN CONTRACT, TORT OR OTHERWISE, ARISING OUT OF OR IN CONNECTION WITH THE AIRDROP OR THE RECEIPT OF ANY TOKENS.&#x20;

**Eligibility**

1. You must comply with all applicable laws and regulations in your own jurisdiction and all jurisdictions in relation to the Airdrop and use of Tokens.&#x20;
2. You are not a resident, national, or agent of any country of any Restricted Territories.
3. You are not a resident, national, citizen, entity, or agent of the United States of America.&#x20;
4. You must provide accurate and complete information as requested by the Protocol and required for participation in the Airdrop.
5. You represent and warrant that you have at least a basic degree of understanding of the operation, functionality, usage, storage, transmission mechanisms and other material characteristics of cryptocurrencies, blockchain-based software systems, cryptocurrency wallets or other related token storage mechanisms, blockchain technology and smart contract technology.&#x20;
6. The Protocol reserves the right to request further information from you to verify your identity and eligibility.&#x20;
7. The Protocol at its sole discretion will determine the eligibility criteria for participation in the Airdrop, including the amount of Tokens to be distributed to eligible. Different eligible Participants may receive different amounts of Tokens in any particular Airdrop depending on the determined by the Protocol for such Airdrop. The Protocol will have no obligation to notify potential Airdrop participants of eligibility criteria for any Airdrop prior to the execution of such Airdrop.&#x20;
8. The Protocol reserves the sole and absolute right to disqualify any proposed Participant it deems ineligible for an Airdrop (be it under these Airdrop Terms, Terms, or by having engaged in any conduct that the Protocol considers inappropriate or unacceptable).&#x20;
9. You shall not:&#x20;

* Use multi-accounts and/or multi-wallets;
* Attempt to cheat or hack the Airdrop or the Tokens;
* Carry out any kind of spamming; or
* Behave in a manner which the Protocol deems offensive or inappropriate, and any such behaviour will result in your removal from the Airdrop eligibility.&#x20;

<br>

**Airdrop Details**

1. Airdrop Period. The Airdrop will be conducted during the specified period, as determined by the Protocol at its absolute discretion (the “Airdrop Period”).&#x20;
2. Participation Requirements. You must be an eligible Participant and follow specific instructions set out by the Protocol hereto and/or any such instructions as are provided by the Protocol from time to time to participate in the Airdrop.
3. Token Allocation. The number of Tokens allocated to each Participant will be determined solely by the Protocol, and such allocation may vary among Participants.&#x20;
4. Purchase may be necessary. Participation in the Airdrop may require purchase or payment as specified in applicable instructions made available to you by the Protocol. The Protocol reserves the right to change any such instructions without prior notice to you. There may also transaction fees payable by the Participant to receive and/or claim their Tokens during the Airdrop.&#x20;

\
**Token Distribution**

1. Token Distribution. The distribution of Tokens will occur after the Airdrop Period ends, subject to successful verification and compliance with these Airdrop Terms and any applicable instructions made available to you by the Protocol.&#x20;
2. Wallet Requirement. Participants must provide a compatible wallet address capable of receiving the Tokens. Failure to provide a valid wallet address may result in the forfeiture of Tokens.&#x20;
3. Token Transfer. Tokens will be able to claim a share of the Airdrop amount based on the criteria set out by the Protocol, subject to technical limitations or delays. There may be transaction fees payable by the Participant to receive and/or claim such Tokens.&#x20;

<br>

**Disclaimers**

1. Participants acknowledge and agree that the Tokens received through the Airdrop may have specific usage limitations, such as utility within a specific platform or ecosystem, and may have no monetary value.&#x20;
2. Tokens received through the Airdrop are not intended as investment advice, and each Participant acknowledges their value (if any) may fluctuate and that no guarantees are made regarding future value (if any).&#x20;
3. Tokens are not intended to constitute securities of any form, shares of a company, units in a trust, units in a collective investment scheme or any form of investment in any jurisdiction. These Terms or any other instructions made available to you do not constitute a prospectus or offer document of any sort and is not intended to constitute an offer of securities of any form, shares of a company, units in a trust, units in a collective investment scheme or any other form of investment, or a solicitation of any form of investment in any jurisdiction.&#x20;
4. To the maximum extent permitted by applicable laws, regulations, and rules and except as otherwise provided in these Terms, the Protocol hereby expressly disclaims its liability and shall in no case be liable to a Participant or any other person for:&#x20;
   * Postponement, suspension, and/or abortion of the Airdrop;
   * Any failure, or disruption to, the Airdrop, the operations of the Protocol or any other technology (including but not limited to smart contract technology) associated therewith, due to any reason, including but not limited to the occurrences of hacks, mining attacks (including but not limited to double-spend attacks, majority mining power attacks, and “selfish-mining” attacks), cyber-attacks distributed denials of service, errors, vulnerabilities, defects, flaws in programming or source code or otherwise, regardless of when such failure, malfunction, breakdown, or disruption occurs;
   * Any failure, malfunction, virus, error, bug, flaw, defect in the technology connected with or use for affection the Tokens or a Participant’s participation in the Airdrop;
   * Any prohibition, restriction, or regulation by any government or regulatory authority in any jurisdiction applicable to the Tokens or a Participant’s participation in the Airdrop;
   * Loss of possession of the credentials for accessing, or loss or destruction of the private keys, any wallet and/or the Participant’s designated wallet addresses, in any manner and to any extent;&#x20;
   * Failure to disclose information relating to the progress of the Airdrop;
   * Any risks associated with a Participant’s participation in the Airdrop and/or a Participant’s use of the Tokens;
   * All other risks, direct, indirect or ancillary, whether in relation to the Participant’s participation in the Airdrop and/or the Participant’s use of the Tokens which are not specifically or explicitly contained in or stated in these Terms; and
   * Any failure to obtain any Tokens in this Airdrop.

For the purposes of this Disclaimers section above, the Protocol means the Protocol and each of its Affiliates (if any). “Affiliate” with respect to any person, means any other person directly or indirectly controlling, controlled by, or under common control with such person; and with respect to the Protocol, means any person directly or indirectly controlling, controlled by or under common control with such person. <br>

**Limitation of Liability and Indemnification**

Please carefully review the relevant sections in the [Orby Network Protocol’s Terms of Use](https://doc.orby.network/additional-info/terms-of-use) which are incorporated by reference to these Airdrop Terms.&#x20;

1. In addition, to the maximum extent permitted by the applicable laws, regulations, and rules:
   * The Protocol and the Protocol’s respective subsidiaries, related companies, Affiliates, directors, officers, employees, agents, service providers, successtors, and permitted assignees, shall not be liable for any indirect, special, incidental, consequential or other losses of any kind, in tort, contract, or otherwise (including but not limited to loss of revenue, income or profits, and loss of use or data), arising out of or in connection with a Participant’s participation in the Airdrop. <br>

**Governing Law**

The interpretation and enforcement of these Terms, and any dispute related to these Terms, the Site, or the Interface, will be governed by and construed and enforced under the laws of Hong Kong, as applicable.

\
**General Terms**

1. You acknowledge and agree that all intellectual property rights related to the Airdrop and the Tokens, including but not limited to trademarks, logos, and content, are the sole property of the Protocol.
2. The Protocol reserves the right to modify, suspend, or terminate the Airdrop of these Airdrop Terms at any time without prior notice.&#x20;

\
\ <br>


# How to connect to Orby Network

To seamlessly connect to Orby Protocol, you can use the following wallets:

* [MetaMask](https://metamask.io/download/)
* [Crypto.com Onchain Wallet](https://crypto.com/defi-wallet)
* [Brave Wallet](https://brave.com/wallet/)
* [WalletConnect](https://walletconnect.com/web3wallet)

1. Once you're on the Orby Protocol Web App, locate and click on the “Connect wallet” button located at the top right corner of the interface.

<figure><img src="/files/5eDo6IQt5H37BCAyhfQk" alt=""><figcaption></figcaption></figure>

2. Choose your preferred wallet.

<figure><img src="/files/4sBOZevCrRVLWkL1yWwm" alt="" width="375"><figcaption></figcaption></figure>

3. You'll be prompted to approve the connection in your chosen wallet. Follow the necessary steps to allow the Orby Protocol Web App to connect to your wallet securely.


# How to borrow $USC

* [Opening a new shuttle](/user-guide/how-to-borrow-usdusc/opening-a-new-shuttle)
* [Borrowing more $USC](/user-guide/how-to-borrow-usdusc/borrowing-more-usdusc)


# Opening a new shuttle

If you don’t already have a shuttle, you will have to open one in order to borrow $USC. Here is a simple guide to help you understand the process.

1. Head to the [Borrow page](https://orby.network/borrow/)

<figure><img src="/files/FzZfMP2XLCqrd2Q9NOqP" alt=""><figcaption></figcaption></figure>

2. Input the amount of collateral you want to deposit from your wallet

![](https://lh7-rt.googleusercontent.com/docsz/AD_4nXcNZcfqdwBV-7g0nv-_xDY_PMae739fpxxOJdrAkFGZ0dldF_XoBm9Rlho2UqeW4J2bDX-I7uLoU8-8btYJ2Xo7ZuxSFWQ0_C0mihqWRvHJcn_xVmAaxV3MK8gb75QVZe2BmxbM?key=-lSTrxiNSL2RxWy0lj6j4xo9)

3. Input the amount of $USC you want to borrow

![](https://lh7-rt.googleusercontent.com/docsz/AD_4nXdciGxBy3ch-VbHk3PSQCuTfido52nS4Yko415HiWJITUxDeGvqkV9NX2ZBVXSr9_XDO95DbJ3oWi3QRhKGJWPDmI17N5F8TJjqLsVytOzEndoauUfeaCPLxhm9A4_4l-2Ic-Kq3A?key=-lSTrxiNSL2RxWy0lj6j4xo9)

{% hint style="info" %}
Note: The maximum amount you can borrow up is capped by the [minimum collateral ratio](https://doc.orby.network/overview/supported-collateral/collateral-risk-parameters)

**Collateral ratio = collateral (in USD) / debt (in USD)**
{% endhint %}

4. Once ready, click on “Borrow $USC”

{% hint style="info" %}
Note: Remember to check the details in the “Position Summary” carefully before signing the transaction in your wallet.
{% endhint %}

The total debt owed is broken down into 3 segments:

1. $USC received in wallet: the amount that is sent to your wallet
2. [Borrowing fee](https://doc.orby.network/overview/usduscs-peg-stability-and-redemptions/base-rate#borrowing-repayment-fees): a variable fee incurred every time you mint new $USC
3. Liquidation Reserve: a 20 $USC deposit that is reserved in event of liquidations only


# Borrowing more $USC

Once you have already [opened a shuttle](https://doc.orby.network/user-guide/how-to-borrow-usdusc/opening-a-new-shuttle), you can borrow more $USC by borrowing against existing collateral or adding more collateral. Here are some simple steps to guide you through the process.

1. Head to the [Borrow page](https://orby.network/borrow/)

<figure><img src="/files/FzZfMP2XLCqrd2Q9NOqP" alt=""><figcaption></figcaption></figure>

2. Input the amount of $USC you want to borrow

![](https://lh7-rt.googleusercontent.com/docsz/AD_4nXc_60xM44mjzWKuHAom8t6KszBrFswyC733D11wswywCji2q1FAryDsTi_9qj_7U0tGQJmipudVjHoqz9bqtYUYGZINASfFUMO4Ys5g8YmmQpl2imgYPJwxv95DjCjcH5GWNwbgIg?key=-lSTrxiNSL2RxWy0lj6j4xo9)

3. (Optional) Add More Collateral by clicking on the toggle

![](https://lh7-rt.googleusercontent.com/docsz/AD_4nXcFmtJG20qj7SSPG97z-Oj3gD8clNcDQ2Alzp0P2BzYQQeAGRUo1EoLREzvxwG3ndpGnz2GxEo8L7sirXv_lOo04txWOhSnmUAMNq18SkU-KwV6rJ6TMaUPTFW-AH3ZPsG89Dczcw?key=-lSTrxiNSL2RxWy0lj6j4xo9)

4. Once ready, click on “Borrow More $USC”

![](https://lh7-rt.googleusercontent.com/docsz/AD_4nXdNIvl-Le166N6ix8_aN7cpyLnKtQ1r2xyhtx9aq6gd4_fqlANrcWnwJpkNHVbb5THY0avlkFgYITxlJMNSdJ_QLQ54tkJA1Oj1i37dRxOTVrnJk9OL1r1IOyH9564soQT6f-GbfA?key=-lSTrxiNSL2RxWy0lj6j4xo9)

{% hint style="info" %}
Note:  Remember to check the details in the “Position Summary” carefully before signing the transaction in your wallet.&#x20;
{% endhint %}

The total new debt owed is broken down in 2 segments:

1. $USC received in wallet: the amount that is sent to your wallet
2. Borrowing fee: a variable fee incurred every time you mint new $USC

<figure><img src="/files/u16Eksh2YXPV8nFqVAd0" alt="" width="369"><figcaption></figcaption></figure>


# How to repay $USC

You can choose to partially or fully repay your debt.

* [Repaying debt partially](/user-guide/how-to-repay-usdusc/repaying-debt-partially)
* [Repaying debt fully](/user-guide/how-to-repay-usdusc/repaying-debt-fully)


# Repaying debt partially

1. Head to the [Dashboard page](https://orby.network/dashboard/) and click on the “Borrow” tab<br>
2. Click the “Repay debt” button.

<figure><img src="/files/ZgYpdif4DXSi9s52OJ9L" alt="" width="375"><figcaption></figcaption></figure>

3. Input a desired amount of the $USC you would like to repay.

<figure><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXfwPc1HK_CCq6YFsSRWGt4N4E3dZtQNTtC8vVDax62TN5zhWzdSqQHD7G7kB79iIJ0nPLwGmxRHw250fz391dachUWECSRRoVDrThvftLtI_RaJOB0GBvEdiG6Tq9kGIQ_ivTgj?key=-lSTrxiNSL2RxWy0lj6j4xo9" alt="" width="375"><figcaption></figcaption></figure>

{% hint style="info" %}
Note: You cannot proceed if you have insufficient $USC in your wallet or if the final borrowing balance left in the shuttle is less than 100 $USC.
{% endhint %}

4. Once you have carefully reviewed the details, click on “Confirm” and sign the transaction in your wallet.


# Repaying debt fully

1. Head to the [Dashboard page](https://orby.network/dashboard/) and click on the “Borrow” tab<br>
2. Click the “Repay debt” button.

<figure><img src="/files/ZgYpdif4DXSi9s52OJ9L" alt="" width="375"><figcaption></figcaption></figure>

3. To fully repay your debt, either manually input the amount or choose the “MAX” option. Accept the T\&Cs related to closing your shuttle by clicking on the toggle

<figure><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXcpxKppbnKWAxJrlMTbjBC267fJ37iLAZPPnPzN6olkJTXX7un6iTCBuwk4CCvgFiEH3FN47enNPmZnXDhFa-y-cakU_hUr79XKTQ5I3vKLhy9r0D9tV4bYwbu23mesmgd-Dj66Hw?key=-lSTrxiNSL2RxWy0lj6j4xo9" alt="" width="375"><figcaption></figcaption></figure>

4. Once you have carefully reviewed the details, click on “Confirm” and sign the transaction in your wallet.


# How to obtain collateral

cdcETH, cdcBTC, and LCRO are tokens accepted as collateral on Orby Network.&#x20;

## What is cdcETH, cdcBTC, and LCRO?

cdcETH is essentially a receipt token representing your staked Ether (ETH) and any accrued staking rewards. Read the [official whitepaper here](https://crypto.com/document/cdceth_whitepaper).&#x20;

cdcBTC is a token backed 1:1 by native Bitcoin (BTC), with the underlying BTC securely held in cold storage under Crypto.com’s custody. Read the whitepaper [here](https://crypto.com/document/cdcbtc-whitepaper.pdf).

LCRO is a liquid staking token that represents staked CRO through Veno. It is a yield-bearing, auto-compounding asset, allowing users to passively earn staking rewards. Read more [here](https://crypto.com/en/product-news/crypto-com-app-lists-liquid-cro-lcro).

## How to Acquire these collaterals?

There are several ways to acquire CDCETH, CDCBTC, and LCRO.

* On a DEX: Purchase them on open markets (such as on [VVS Finance](https://vvs.finance/)).
* On a CEX:&#x20;
  * For CDCETH:&#x20;
    * Purchase or stake for cdcETH using this[ official guide](https://help.crypto.com/en/articles/8398277-liquid-staking) as reference.
  * For CDCBTC:&#x20;
    * Using this [guide](https://help.crypto.com/en/articles/10293992-wrapped-btc-cdcbtc) as reference


# How to add collateral

Head to the [Dashboard page](https://orby.network/dashboard/) and click on the “Borrow” tab<br>

1. Click the “Add collateral” button.

<figure><img src="/files/Xl0pW4Q298ZQqGKcKcLf" alt="" width="375"><figcaption></figcaption></figure>

2. Input a desired amount of collateral that you want to deposit from your wallet.&#x20;

<figure><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXeo1JtYAciNlXH3Bv9vb1dTvOYLyXo3JcO2L3CilWsuSOVfnBMiFgjFyUqJ-_Rq2R_exbgDtaPQ3fEOcR3AkZiVcTvZWqGQjrXkXiEj6ZdEA_D9_R6A24ncs8oU6n6-qmoJodwJoQ?key=-lSTrxiNSL2RxWy0lj6j4xo9" alt="" width="375"><figcaption></figcaption></figure>

4. Once you have carefully reviewed the details, click “Confirm” and sign the transaction in your wallet


# How to withdraw collateral

1. Head to the [Dashboard page](https://orby.network/dashboard/) and click on the “Borrow” tab<br>
2. Click the “Withdrawing Collateral” button.

<figure><img src="/files/eGWpPbcB0oUiUCcYYHTU" alt="" width="375"><figcaption></figcaption></figure>

3. Input the amount of collateral you want to withdraw

{% hint style="info" %}
Note: You cannot withdraw more than the “Max withdrawal limit”. You can choose to withdraw the maximum amount by selecting the “MAX” option but this will put you at a very high risk of liquidation.&#x20;
{% endhint %}

<figure><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXcD55_5F7B_IuEk6ve6YHmJd2dzg2n3jYqDJjzPnfakMqd8T6Jg6uZFfhDOZL7bNZsvP2n89cY93wKcMrkvwS2X9_e8nej8b1a9zNf89_tEDQwnUr14LJwlLJ7O4WwPkPUclt8v-A?key=-lSTrxiNSL2RxWy0lj6j4xo9" alt="" width="375"><figcaption></figcaption></figure>

4. Once you have carefully reviewed the details, click on “Confirm”and sign the transaction in your wallet.


# How to use the Stability Pool

* [Depositing $USC](/user-guide/how-to-use-the-stability-pool/depositing-usdusc)
* [Withdrawing $USC](/user-guide/how-to-use-the-stability-pool/withdrawing-usdusc)
* [Claiming Stability Pool rewards](/user-guide/how-to-use-the-stability-pool/claiming-stability-pool-rewards)


# Depositing $USC

1. Head to the [Earn page](https://orby.network/earn/) and click the “Use $USC” tab.

<figure><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXev-QRxDh5fZhpfwuPAHj7GOJhDT_z-lk-GfFk6_XSWN7mw72m7ZRkCoerDLVjVWGw1dDjysY6-ok2HIGImF2F8wxpuDsCQsfTTnBKyWC36txziibqi6zTXTyRvulgPfEU8rda0?key=-lSTrxiNSL2RxWy0lj6j4xo9" alt="" width="375"><figcaption></figcaption></figure>

2. Choose the “Deposit” tab and input the amount of $USC to deposit in the Stability Pool.

<figure><img src="/files/cCvwcMQRDPdJUQcT9sC5" alt="" width="375"><figcaption></figcaption></figure>

3. Check the details carefully and once ready, click the “Deposit $USC” button and confirm the transaction in your wallet.

{% hint style="info" %}
Note: if you already have $USC in the Stability Pool, any accumulated rewards will be automatically claimed to your wallet once you have completed this step.&#x20;
{% endhint %}

![](https://lh7-rt.googleusercontent.com/docsz/AD_4nXeUqXBqb_qfKk9ke9sC8Hv0TTHFGfyzvpzrNN3Bg1mXqGqEDznaTwHXGZSRmp-11Cw3Tl3vtjd7GgpvBdQjbb5j5qzPljrn85yKvy1q9fN9DzI7YQCPGVahgCxsqqerJa3sjCAh?key=-lSTrxiNSL2RxWy0lj6j4xo9)


# Withdrawing $USC

1. Head to the [Earn page ](https://orby.network/earn/)and click on the “Use $USC” tab

<figure><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXev-QRxDh5fZhpfwuPAHj7GOJhDT_z-lk-GfFk6_XSWN7mw72m7ZRkCoerDLVjVWGw1dDjysY6-ok2HIGImF2F8wxpuDsCQsfTTnBKyWC36txziibqi6zTXTyRvulgPfEU8rda0?key=-lSTrxiNSL2RxWy0lj6j4xo9" alt="" width="375"><figcaption></figcaption></figure>

2. Choose the “Withdraw” tab and input the amount of $USC you withdraw from the Stability Pool.

<figure><img src="/files/TCfaPcx06Fuehvajo0Tt" alt="" width="375"><figcaption></figcaption></figure>

3. Check the details carefully and once ready, click the “Withdraw $USC” button and confirm the transaction in your wallet.

![](https://lh7-rt.googleusercontent.com/docsz/AD_4nXfSFOsYO85lE7UXTrWcP2RnFjdJBmCgcpz833hRh9vhjrsEcW_sg5fTl2STGI4gcaoE1_UHH5uNukDDjLjEQo1sIjFmMY4hhi5qpVrdpospcTrO4LcNr2UiTWo1fOIfYk_GSBDayQ?key=-lSTrxiNSL2RxWy0lj6j4xo9)

{% hint style="info" %}
Note: Your rewards will be automatically claimed once you have confirmed and completed this transaction<br>
{% endhint %}


# Claiming Stability Pool rewards

1. Head to the [Dashboard page](https://orby.network/earn/) and click on the “Earnings” tab<br>

<figure><img src="/files/lPabeps1QH5D3w4MZQsl" alt="" width="375"><figcaption></figcaption></figure>

2. You can find the breakdown of rewards earned in the “Stability pool rewards” card.

<figure><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXdocbJUDSRiBRCuWrUQCoPztV5zB5vL_B9lxn7mAb7FMMWISwqIsK5O7NdOV0G-Qx2xYwqVEaVoJ8k1zuBgXEDhx-WUcyffDLl_H_2zJfJfmHBktyoJBGMEVmkKBH-l3Jk0kv94qA?key=-lSTrxiNSL2RxWy0lj6j4xo9" alt="" width="375"><figcaption></figcaption></figure>

3. Once you have carefully reviewed the details, click “Claim now” and sign the transaction in your wallet.

{% hint style="info" %}
Note: all your earnings will be sent to your wallet. We will soon enable Vaults, which will allow you to deposit your $esORB earnings in the Vault for further rewards. Stay tuned!
{% endhint %}


# How to stake $esORB/$ORB

### Deposit $esORB or $ORB to the Vault

1. Head to the [Earn](https://orby.network/earn/) page and click the “Use $esORB” or “Use $ORB” tab.

<figure><img src="/files/zVjHjHkITxpmzckMs9RS" alt=""><figcaption></figcaption></figure>

2. Click on the “Deposit” tab.

<figure><img src="/files/QCRlAALt5GXrcLU1h56G" alt=""><figcaption></figcaption></figure>

3. Input the amount of $esORB or $ORB you want to deposit from your wallet

<figure><img src="/files/rkoNX06G5mfGJz91q7jm" alt="" width="375"><figcaption></figcaption></figure>

4. Once you have carefully reviewed the details, click on “Deposit esORB” or “Deposit ORB” and sign the transaction in your wallet.

Note: Stability Fuel ranges from 1 - 1.9x. This number is a multiplier that represents how much your $esORB emissions from the Stability Pool are expected to increase.&#x20;

### Withdraw $esORB or $ORB from the Vault

1. Head to the [Earn](https://orby.network/earn/) page and click the “Use esORB” tab or “Use $ORB” tab.

<figure><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXcTNYuOEA23ymgfTDJxEEDHtM0lLBYxRlMpG5f6z4jo8rZ-3kpFTW7K0RhPD2fCAvlk_G8Jz2aurLXpUdhC6sUdWZvUn4ZjnE-285twyA_uqziooOYTI2CmZkg7bR5shaD6NV0G?key=-lSTrxiNSL2RxWy0lj6j4xo9" alt=""><figcaption></figcaption></figure>

2. Click on the“Withdraw” tab.

<figure><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXdjML6nwgd9iD2zXGH2HS8K3_VlKXJTCKwiA2cUr_-foxBQpwXsyuqeago7jd5ZbhvAT1KOIhen-mQj61WNjZ8XYYPaOeKMyWDcWw97a3DCsfvREnlLyKz2wu6OurNzZXe48U12Kg?key=-lSTrxiNSL2RxWy0lj6j4xo9" alt="" width="375"><figcaption></figcaption></figure>

3. Input the amount of $esORB or $ORB you want to withdraw.

<figure><img src="/files/o7CVez4tAeLd3JuYFFeN" alt="" width="375"><figcaption></figcaption></figure>

4. Once you have carefully reviewed the details, click on “Withdraw esORB” or “Withdraw ORB” and sign the transaction in your wallet.

## Convert $esORB to $ORB

Note: This tab is only used if you 1) currently hold $esORB in your wallet and 2) want to directly convert it to $ORB without earning any protocol revenue

1. Head to the [Earn](https://orby.network/earn/) page and click the “Use $esORB” tab.

<figure><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXcZnF7KP6Ympb2Au7PuuAAl5cQq4MrvA5EgpizxobMY2Z4Qc9XKbSUYLs6ePuso4bDHM9DC2Ztf4sGc7ssFhxL2AJ2jV_BEX5TuImv5Pkv_3bFmac5ZYdPEk-4TD9VEG-4FuQjD3g?key=-lSTrxiNSL2RxWy0lj6j4xo9" alt="" width="375"><figcaption></figcaption></figure>

2. Click on the “Convert” tab.

<figure><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXcutIVsjIadeNVgvXhD7g1iOQsFpYCaRJQ0u2SKJIhTMPNcjQRQha-nRQMUwsXJ-zr7RT8RMarLN1JO1tP1Mu3XzACZM1CPla6J4Au9tNFKg6Ym56lPgmqXOPhrwA_oK9GOV9Ga?key=-lSTrxiNSL2RxWy0lj6j4xo9" alt="" width="375"><figcaption></figcaption></figure>

3. Input the amount of $esORB you want to convert to $ORB.

<figure><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXcAFN6wZEHiyMLPh-RKDDAOplk8Eonp0qyf6E25pe95yhhmOPQnVVYU5RXmDbV44AjVblp34tlEGCLREPU9YcNQf5hSBsWuacN-dHRi9L9oecpI1WU6AZ1ceYxozPUB5uIuIOz-?key=-lSTrxiNSL2RxWy0lj6j4xo9" alt="" width="375"><figcaption></figcaption></figure>

Note:  It takes about 90 days to convert your $esORB to $ORB. After the 90-day cool down period, your $esORB will be claimable to your wallet as $ORB.

The conversion process is not reversible.

4. Once you have carefully reviewed the details, click on “Convert” and sign the transaction in your wallet.


# How to track points

1. Click on the Gift icon, located at the top right hand corner of the page

<figure><img src="/files/okZxrZ8H16EqxJJjySlH" alt=""><figcaption></figcaption></figure>

2. Here, you can track your points in real time. You can also check out the eligible activities, as well as refer to our gitbook for FAQ and T\&Cs

   *Do note that Season 1 has been completed. You can participate in Season 2 of the Airdrop Campaign, which is found in the "Season 2" tab*

<figure><img src="/files/Qk9aSBvhi2hwtGur5v6R" alt=""><figcaption></figcaption></figure>


# How to use the Redemption feature

You will always be able to swap 1 $USC for USD 1 worth of collateral on Orby’s platform.

1. Head to the [Redeem page](https://orby.network/redeem/)<br>
2. Input the amount of $USC you want to use. The corresponding amount of collateral that can be redeemed will be automatically calculated and displayed<br>
3.

```
<figure><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXe04ZSgiaSze19JZaO82O1mSTrwsPRbPW7qh2GrHTjZjSOoziDewJ8EgeKGtWQJcSzuSzrdM9p29yvpdwYpYut_1cBnlKGy2ii-_K3K8wCK3kE5UuBvsRgWtxhwScb8MwXaK-zmhg?key=-lSTrxiNSL2RxWy0lj6j4xo9" alt="" width="375"><figcaption></figcaption></figure>
```

4. Alternatively, you can input the amount of collateral you want to redeem and the amount of $USC needed will be automatically calculated and displayed.
5. Once you have carefully reviewed the details, click on  “Redeem” and sign the transaction in your wallet. The displayed amount of collateral will be sent to your wallet address once the transaction is confirmed.

{% hint style="info" %}
Note: the final amount of collateral you can redeem is net of a variable redemption fee
{% endhint %}

<figure><img src="/files/LiPim8SbIq4WJ4a2rhwa" alt="" width="375"><figcaption></figcaption></figure>


# Getting the Best Exchange Rate

Orby’s Redemption Mechanism does not always provide the best rate for you to swap out $USC for $cdcETH. Normally, this feature only makes sense to be used when the value of $USC falls below USD 1.&#x20;

There are alternative venues that could provide a more favourable USC:cdcETH exchange rate, such as swapping on a DEX or a DEX aggregator. In order to determine the best venue, Orby provides a real-time exchange rate comparison on the Redeem page, helping you get the best deal when swapping USC for cdcETH.

**How It Works**

* See live USC → cdcETH rates from Orby, VVS, and WOWMAX.
* The best rate is automatically highlighted.
* If Orby offers the best rate, redeem directly.
* If VVS or WOWMAX has a better rate, click the direct link to swap there.

This ensures you always get the best possible value.

<figure><img src="/files/8Vibu1pGdEVdIiG4X5SS" alt="" width="375"><figcaption></figcaption></figure>


# VVS Swap Widget

Orby now features a VVS Swap Widget on the [Redemption](https://orby.network/redeem/) page. This integration allows users to swap $USC for $cdcETH directly on Orby’s platform, saving time and avoiding redirection to the VVS website.

**Key Features:**

* Integrated Swap: Swap $USC for $cdcETH without leaving the Orby site.
* Streamlined Experience: Users stay on Orby, reducing the hassle of external navigation.
* Customized UI:
  * The widget is configured to only allow selling $USC to buy $cdcETH.
  * No other tokens can be selected for swapping.

<figure><img src="/files/H7D4MHVln7JL7Kk8x68o" alt="" width="375"><figcaption></figcaption></figure>


# How to recover collateral after liquidation

To understand how liquidations work, head to [this section](/overview/liquidations-and-the-stability-pool/liquidations).&#x20;

You will be notified if you are fully or partially liquidated. Partial liquidations can only happen during Recovery Mode.&#x20;

## Fully Liquidated

The shuttle will be closed when it is fully liquidated. You will lose all your collateral, but get to keep the borrowed $USC. In order to start borrowing more $USC, you will need to reopen a new shuttle. This can be done by clicking on the “Start Borrowing” button and follow the steps as outlined [here](/user-guide/how-to-borrow-usdusc).

<figure><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXfk70R6uDKX45yeimGBzdkV3eXrpZSTxbgRCh2QqhSVei7eAFQ49iPwQ8WqhB1w4yS2dz6gacpD_ab5-i-yumTUom-4q5T9-tVgp5oiuijqVZk_eZeP9V5hYybXemb2AYUeAYGLjQ?key=-lSTrxiNSL2RxWy0lj6j4xo9" alt=""><figcaption></figcaption></figure>

## Partially Liquidated

*\*this status will only be applicable during Recovery Mode*

When you are partially liquidated, all of your $USC debt will be repaid, but there will be some collateral leftover. In order to borrow more $USC, you first need to retrieve any remaining collateral. You can do so by clicking on the  “Recover collateral” button.&#x20;

<figure><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXdZPTvPefYR-MromSdrkxE50PZtQyMbvo8alBqC1vM30LGDR4vH8ZHiMEWdlJqOMuELeZ00Amls6UT6TG2jK8fHZ0DE-8aR33dtvuitP9-kaaQWQP-79nIGq0ievURKYqvT_1iQ?key=-lSTrxiNSL2RxWy0lj6j4xo9" alt=""><figcaption></figcaption></figure>


# How to recover collateral after redemption

To understand how redemptions work, head to [this section](https://doc.orby.network/user-guide/understanding-liquidations-vs-redemptions-vs-repayment). You will be notified if you are fully or partially redeemed against.&#x20;

\
Fully Redeemed
--------------

The shuttle will be closed if you are fully redeemed against. You will lose part of your collateral, but get to keep any borrowed $USC. In order to borrow more $USC, you first need to retrieve any remaining collateral. You can do so by clicking on the  “Recover collateral” button.

<figure><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXcTYN81Zz68m6ioDL5nhGI1AoUqhQrLgDOidrzRvJT_kH40jZHVUFpI4OxycXqM0fleMIX62rcPuY2d08Un4RbdPRkR6lkQYc3x3VDwgxq_RbiPujpzUHw_ySZdT6WZeJ1jE6JT4g?key=-lSTrxiNSL2RxWy0lj6j4xo9" alt="" width="375"><figcaption></figcaption></figure>

## Partially Redeemed

Partial redemption means that part of your debt has been repaid, and a corresponding the amount of collateral has been paid out to the redeemer. Your shuttle remains active (open) and there is no other impact to your position.<br>

<figure><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXcl6cdtorNxrbBVZ89P0O-4vzCRIjqQJABqV8QUUKRLCKpGItrmgLmjtH1IGjvH926Eax5E_AV8WedtvVnxwFRLoJlsBZovgGMVMPffJgA-t0sb1wRFZyVA2B9EPp6hEhBoqvVU?key=-lSTrxiNSL2RxWy0lj6j4xo9" alt="" width="375"><figcaption></figcaption></figure>


# Glossary of Terms

**$USC**: $USC is a stable, overcollateralized cryptocurrency within the Cronos Ecosystem, maintaining a hard peg to the US dollar. It aims to function as a secure store of value, a means for transactions, and a unit of account for on-chain products, backed by more than a dollar's worth of collateral for each circulating $USC. \[Get $USC]

**CDCETH**: CDCETH is the first token accepted as collateral within Orby Network. It is essentially a receipt token representing your staked Ether (ETH) and any accrued staking rewards. Read the [official whitepaper here](https://crypto.com/document/cdceth_whitepaper).

**CDCBTC**: cdcBTC is a token backed 1:1 by native Bitcoin (BTC), with the underlying BTC securely held in cold storage under Crypto.com’s custody. Read the whitepaper [here](https://crypto.com/document/cdcbtc-whitepaper.pdf).

\
**LCRO**: LCRO is a liquid staking token that represents staked CRO through Veno. It is a yield-bearing, auto-compounding asset, allowing users to passively earn staking rewards. Read more [here](https://crypto.com/en/product-news/crypto-com-app-lists-liquid-cro-lcro).

**CRO**: CRO is the native token of the Cronos chain. Read more [here](https://crypto.com/price/cronos).

**Fees**: Orby Protocol implements transaction fees which are applied to borrowing and redemptions. Every time new $USC is minted, users will incur a variable borrowing fee. Similarly, a variable redemption fee is charged every time the Redemption feature is used. There are no other fees charged on Orby.&#x20;

**Shuttle**: A shuttle is similar to a collateral debt position (CDP), and is a segregated account where a user goes to create and maintain his loan. Each type of accepted collateral will have its own shuttle.<br>

**Borrowing Fee**: a variable fee calculated as borrowing\_amount \* (BASE\_RATE + 0.5%), with a maximum cap of 5%. These fees are applicable during regular operating conditions (i.e. Normal Mode).<br>

**Borrowing Fee (during Recovery Mode)**: Set at 0% to encourage borrowing.<br>

**Repayment Fee**: There is no fee for debt repayment.<br>

**Redemption Fee**: a variable fee calculated as redemption\_amount \* (BASE\_RATE + 0.5%), capped at a maximum of 5%. These fees apply when users use the Redemption feature.<br>

**Liquidation reserve**: Amount set aside as gas compensation in event of a liquidation. The reserve is currently set at 20 $USC.  This reserve is otherwise not payable by the user and is burnt upon shuttle closure.<br>

**Collateral ratio**: Defined as the dollar amount of collateral relative to the dollar amount of debt

**Min collateral ratio per shuttle (MCR)**: The minimum level the collateral ratio must be maintained at to avoid liquidation. It varies based on the collateral type.<br>

**Minimum debt per shuttle**: The minimum amount of debt needed to keep the shuttle open. This minimum borrow amount is currently set at 100 $USC.<br>

**Liquidation penalty**: The percentage of collateral a liquidator will earn from liquidating a shuttle.

**Collateral Details**: Status monitors the Total Collateral Ratio (TCR) of each respective collateral in Orby’s ecosystem.\
Status is broken into 3 modes (Normal, Caution, Recovery), which vary depending on collateral. For example, the TCR for cdcETH is 150%. In such a case:

| Parameters for cdcETH collateral | TCR Amount %      |
| -------------------------------- | ----------------- |
| Recovery Mode                    | TCR < 150         |
| Caution                          | 150% < TCR < 190% |
| Normal                           | 190% > TCR        |

**Total Collateral Ratio (TCR)**: total dollar value of the respective collateral / total dollar value of the corresponding debt

TCR is collateral specific.

\
**Min collateral ratio (MCR) per shuttle**: The minimum level the collateral ratio must be maintained at to avoid liquidation. It varies based on the chosen collateral type.

**Liquidation penalty:** The percentage of collateral a liquidator will earn from liquidating a shuttle. The penalty is currently set at 0.5% of a liquidated user’s total collateral

<br>


# Smart Contract Addresses

<table><thead><tr><th width="312.91015625">Contract Name</th><th>Contract Address</th></tr></thead><tbody><tr><td>ActivePool (cdcETH)</td><td>0x50DCB4Fd921164C42B7129DA884D3F45a9f45917</td></tr><tr><td>ActivePool (cdcBTC)</td><td>0x629978aeafF51CEeCc0CB9c35f994EC8E56b5452</td></tr><tr><td>ActivePool (LCRO)</td><td>0x774bfABDeF4eFf6a2E5C1a5D298C16eA0A2B51CF</td></tr><tr><td>BorrowerOperations</td><td>0x80d32B0FE29A56dd4b6eD5BdcfD2D488db4878fb</td></tr><tr><td>TroveManager</td><td>0x7A47cF15a1fCbAd09c66077d1D021430eed7AC65</td></tr><tr><td>CollSurplusPool</td><td>0xbCC0019DaE95B493382105ABDb4E5e0E21951762</td></tr><tr><td>StabilityPoolIssuance</td><td>0x436aD059e170E7eD1252D3D3F19D0Fb6EC16a588</td></tr><tr><td>DefaultPool</td><td>0x9A888Fba243570fCe8D82144A1f93712a1236940</td></tr><tr><td>HintHelpers</td><td>0xC598DC5cbF7F6DA0365EBC2ba333B7B210f718A5</td></tr><tr><td>LockupContractFactory</td><td>0xBE6298B04e32F049f5d26c60daa9c5Ca335477D4</td></tr><tr><td>PriceFeed</td><td>0x6aBDda4D610cD61651E630e59141907390F08876</td></tr><tr><td>SortedTroves</td><td>0x5Aa450927B199e519cd4B098461D0FF79D13A42d</td></tr><tr><td>StabilityPool</td><td>0xF766505680a63b5e70616Ef21b72814Ec5649945</td></tr><tr><td>GasPool</td><td>0xf98055DCBc5483D210124CD9c41e9ea3bb0904BC</td></tr><tr><td>USC Token</td><td>0xD42E078ceA2bE8D03cd9dFEcC1f0d28915Edea78</td></tr><tr><td>MultiTroveGetter</td><td>0x9f1c4357D27A285D36F82095dF232f4937FE02F3</td></tr><tr><td>esORB token</td><td>0xF2175A789c8537a3fA1a81F033A2e63f864F00Ff</td></tr><tr><td>ORB token</td><td>0x40914BBDdea0ec8d22E044cd3131F1B5ED4e866d</td></tr><tr><td>Vault Address</td><td>0x856A3c6b971958149E253e8E0C54047dA47D9Ee5</td></tr><tr><td>FuelBoostAddress </td><td>0x9e2acB493f45418d7a73b395a98E300B1D428dC0</td></tr><tr><td>ClaimHelperAddress </td><td>0x63A29D9F2104b02d605BBccedE6cE8d2a435D755</td></tr><tr><td>Airdrop deployer</td><td>0x253aFa1a9c8911b127c4D73C6415213ed90Eb0b8</td></tr><tr><td>CDCETH</td><td>0x7a7c9db510aB29A2FC362a4c34260BEcB5cE3446</td></tr><tr><td>CDCBTC</td><td>0x2e53c5586e12a99d4CAE366E9Fc5C14fE9c6495d</td></tr><tr><td>LCRO</td><td>0x9Fae23A2700FEeCd5b93e43fDBc03c76AA7C08A6</td></tr></tbody></table>


# Price Oracle

Exchange rates of all supported assets are obtained via Orby's internal price feeds. Our price feeds typically aggregate and source these prices from multiple data sources, including centralized and decentralized exchanges as well as other external oracle providers.

## Price oracle address

| Exchange rate | Address                                    |
| ------------- | ------------------------------------------ |
| cdcETH/USD    | 0xfDC94ca591F2f97b43D6927DE10Bab59653003e7 |
| cdcBTC/USD    | 0x2c99Eb10B89E60E32f0018F6A5F424cb5D16DDC4 |
| LCRO/USD      | 0xA03748e20868c92573c0dd6236474Bce634F4efB |
| CRO/USD       | 0x4636AC8216805Fe96dE9E7aFc62dA99096a930F6 |


# Team Wallets

| Wallet Name             | Wallet Address                             |
| ----------------------- | ------------------------------------------ |
| Team Hot Wallet         | 0x32F05fc1Bf4873b3fCE43dE5A732799De3f3Af5C |
| Team                    | 0xc22eec924c198672220cbf4d2ac4019b19b5743a |
| Ecosystem Treasury      | 0x3b594b5b0dc54bd622d4df5f5d783a23fe5db1f9 |
| Marketing & Partnership | 0x1574e50764f9502cfd4fa67b2add3856d10a75d4 |
| Community Fund          | 0xaa54557ced73580a3f96a53de4bf9aa9d430953c |
| Liquidity Management    | 0x4977fbe45556feae8fd690cd771a502630fec0a3 |
| Team ORB Burn           | 0x2236d15b72DeEc34535BFe38b8b9d27dAfcA7b58 |


# Risk Disclosure

Orby Network protocol (“Protocol”) is a set of smart contracts made available by Orby Network on a voluntary, “as-is” and “as-available” basis. It is not a service of any kind and you should not rely on Orby Network to assist you to evaluate the Protocol, assess its fitness for any purpose or comply with any requirements. You assume all risks arising from interactions with the Protocol. Orby Network is not liable for any claim, damages or other liability, whether in contract, tort or under any other theory of liability, arising from, out of or in connection with the Protocol.<br>

There are several risks when using the Protocol. These risks include inherent risks associated with the use of a virtual platform, the decentralised nature of the platform, and participating in virtual asset transactions. Risks include, without limitation:

* Partial or total loss of virtual assets;
* Collapse in liquidity with respect to virtual assets; changes incompatibility of a virtual asset with the Protocol, changes in the smart contracts;
* Regulatory uncertainty and government action against virtual assets;
* Extreme volatility;
* Possibility of market misconduct by participants including for example market manipulation, trading on the basis of non-public information, and front running;
* Delays in or complete failure of virtual asset transactions being confirmed;
* Counterparty risk;
* Faults, defects, hacks, exploits, errors, or unforeseen circumstances occurring in respect of the platform or the technologies that the platform depends on;
* Loss of private keys; and
* Attacks on the platform or the technologies that the platform depends on including for example distributed denial of service, sybil attacks, phishing, social engineering, hacking, smurfing, malware, double spending, majority-mining, consensus-based or other mining attacks, misinformation campaigns, forks, and spoofing.

This list of potential risks is not exhaustive and is not intended to capture the extent of all possible risks. In the event of any of the above occurring, you may lose your virtual assets entirely. Participants should consider all of the above and assess the nature of, and their own appetite for relevant risks independently and consult their advisers before making any decisions in participating in the Protocol. USERS WILL BE RESPONSIBLE FOR THEIR OWN RISK.

<br>


# Terms of Use

Last updated: 26 January 2024\
\
PLEASE REVIEW OUR RISK DISCLOSURE AND TERMS OF USE BEFORE USING THE ORBY NETWORK PROTOCOL OR INTERACTING WITH ANY PROTOCOL RELATED TOKEN (E.G. $USC).<br>

Welcome to <https://orby.network>, a website-hosted user interface (the “Interface”). The Interface provides access to the decentralized non-custodial protocol on the Cronos blockchain called the Orby Network Protocol (the “Protocol”).<br>

ORBY NETWORK PROTOCOL, OUR SERVICES AND THE USC TOKEN ARE NOT OFFERED TO PERSONS OR ENTITIES WHO RESIDE IN, ARE CITIZENS OF, ARE INCORPORATED IN, OR HAVE A REGISTERED OFFICE IN THE UNITED STATES OF AMERICA OR ANY RESTRICTED TERRITORY, AS DEFINED BELOW (ANY SUCH PERSON OR ENTITY FROM THE UNITED STATES OF AMERICAN OR A RESTRICTED TERRITORY, A “RESTRICTED PERSON”). WE DO NOT MAKE EXCEPTIONS; THEREFORE, IF YOU ARE A RESTRICTED PERSON, THEN DO NOT ATTEMPT TO USE OR USE THE INTERFACE. USE OF A VIRTUAL PRIVATE NETWORK (“VPN”) TO CIRCUMVENT THE RESTRICTIONS SET FORTH HEREIN IS PROHIBITED. BY ACCESSING OR USING THE SITE OR INTERFACE, YOU ACCEPT AND AGREE TO BE BOUND BY AND TO COMPLY WITH THESE TERMS. PLEASE DO NOT ACCESS OR USE THE SITE OR INTERFACE IF YOU DO NOT AGREE WITH ANY OF THESE TERMS.<br>

These Terms of Use, together with any other documents incorporated by reference, including any other terms and conditions or any other agreement Orby Network and its affiliates (“Orby”, "we," "us," or "our") posts publicly or makes available to you or the company or other legal entity you represent ("you" or "your") (collectively, these "Terms") are entered into between Orby Network and you. Please read these Terms carefully, as these Terms govern your use of, and access to [https://orby.network](https://orby.network/) (the “Site”) and the Interface, and expressly cover your rights and obligations, and our disclaimers and limitations of liability, relating to your use of, and access to the Site and the Interface. <br>

Please carefully review the risks in Section 7 and disclosures and disclaimers set forth in Sections 8 and 9 in their entirety before accessing or using the Site or Interface. Section 2 provides important obligations associated with your use of the Site or Interface.&#x20;

1. **ACCESS TO AND USE OF THE SITE AND INTERFACE**<br>

   1.1 By accessing or using the Site or Interface, you represent and warrant to the following:<br>

   1.1.1 If you are an individual person, then you are of legal age in the jurisdiction in which you reside, and you have the legal capacity to enter into these Terms and be bound by them;<br>

   1.1.2 If you are an entity, then you must have the legal authority to accept these Terms on that entity's behalf, in which case "you" (except as used in this paragraph) will mean that entity;

   \
   1.1.3 You are not a resident, national, or agent of any country to which the United States, the United Kingdom, or the European Union embargoes goods or imposes similar sanctions (collectively, "**Restricted Territories**");\
   \
   1.1.4 You are not the subject of economic or trade sanctions administered or enforced by any governmental authority, or otherwise designated on any sanctions list or equivalent maintained by the United States government, the United Kingdom government, the European Union, or the United Nations, including without limitation the U.S. Office of Foreign Asset Control Specifically Designated Nationals and Blocked Person List (collectively, "**Sanctioned Persons**");\
   \
   1.1.5You do not intend to transact with any person or entity from a Restricted Territory or with any Sanctioned Persons;\
   \
   1.1.16 You do not, and will not, use VPN software or any other privacy or anonymization tools or techniques, or other means, to circumvent, or attempt to circumvent, any restrictions that apply; and\
   \
   1.1.7 Your access to the Site or the Interface is not (a) prohibited by and does not otherwise violate or assist you in violating any domestic or foreign law, rule, statute, regulation, by-law, order, protocol, code, decree, letter, or another directive, requirement, guidance, or guideline, published or in force that applies to or is otherwise intended to govern or regulate any person, property, transaction, activity, event or other matter, including any rule, letter, order, judgment, directive or other requirements, guidance, or guideline issued by any domestic or foreign federal, provincial or state, municipal, local or other governmental, regulatory, judicial or administrative authority having jurisdiction over Orby or you as otherwise duly enacted, enforceable by law, the common law or equity (collectively, "Applicable Laws"); or (b) contribute to or facilitate any illegal activity.

   \
   1.2 You further acknowledge, understand, and agree to the following:\
   \
   1.2.1. From time to time, the Site or the Interface may be inaccessible or inoperable for any reason, including, but not limited to: (a) equipment malfunctions; (b) periodic maintenance procedures or repairs that Orby or any of its suppliers or contractors may undertake from time to time; (c) causes beyond Orby's control or that Orby could not reasonably foresee; (d) disruptions and temporary or permanent unavailability of underlying blockchain infrastructure; or (e) unavailability of third-party service providers or external partners for any reason;\
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   1.2.2. We reserve the right to disable or modify access to the Site and/or the Interface at any time in the event of any breach of these Terms, including, without limitation, if we reasonably believe any of your representations and warranties may be untrue or inaccurate, and we will not be liable to you for any losses or damages you may suffer as a result of or in connection with the Site or the Interface being inaccessible to you at any time or for any reason;\
   \
   1.2.3. The Interface may evolve, which means third parties may apply changes, replace, or discontinue (temporarily or permanently) the access at any time in their sole discretion;\
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   1.2.4. You are solely responsible for your use of the Site and/or the Interface, including all of your transfers of digital assets;\
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   1.2.5. You are solely responsible for reporting and paying any taxes applicable to your use of the Interface; and\
   \
   1.2.6. We have no control over, or liability for, the delivery, quality, safety, legality, or any other aspect of any digital assets that you may transfer to or from a third party, and we are not responsible for ensuring that an entity with whom you transact completes the transaction or is authorized to do so. If you experience a problem with any transactions in digital assets using the Site or the Interface, you bear the entire risk.\ <br>
2. **PROHIBITED USES**\
   \
   2.1 By using the Site and/or the Interface, you agree and confirm that you will not engage in any of the following prohibited uses (the specific activities set forth are representative but not exhaustive):\
   \
   2.1.1. Promote or facilitate illegal activities, including but not limited to money laundering, terrorist financing, tax evasion, buying or selling illegal drugs, contraband, counterfeit goods, or illegal weapons;

   \
   2.1.2 Engage in transactions involving items that infringe or violate any copyright, trademark, right of publicity, privacy, or any other proprietary right of Orby or of third parties;\
   \
   2.1.3 Uploading or transmitting viruses, worms, Trojan horses, time bombs, cancelbots, spiders, malware, or any other type of malicious code that will or may be used in any way that will affect the functionality or operation of the Site or the Interface;\
   \
   2.1.4. Use the Site or Interface in any way that is, in our sole discretion, libelous, defamatory, profane, obscene, pornographic, sexually explicit, indecent, lewd, vulgar, suggestive, harassing, stalking, hateful, threatening, offensive, discriminatory, bigoted, abusive, inflammatory, fraudulent, deceptive, or otherwise objectionable or likely or intended to incite, threaten, facilitate, promote, or encourage hate, racial intolerance, or violent acts against others;\
   \
   2.1.5 Harass, abuse, or harm another person or entity, including any of Orby's collaborators and service providers;\
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   2.1.6. Impersonate another user of the Site or the Interface or otherwise misrepresent yourself; or\
   \
   2.1.7. Engage or attempt to engage or encourage, induce or assist any third party, or yourself attempt, to engage in any of the activities prohibited under this Section 2 or any other provision of these Terms.\ <br>
3. **FEES AND PRICE ESTIMATES**\
   \
   In connection with your use of the Interface and Site, you are required to pay all fees necessary for interacting with the Cronos blockchain, including any applicable gas costs and all other fees reflected on the Interface at your use. We will attempt to provide accurate fee information; however, all information provided reflects only an estimate of fees, which may vary from the actual fees necessary and paid for transactions and interacting with public blockchain networks.\
   &#x20;<br>
4. **NO PROFESSIONAL ADVICE OR FIDUCIARY DUTIES**

   \
   4.1 Nothing herein constitutes legal, financial, business, or tax advice, and you are strongly advised to consult an advisor(s) before engaging in any activity in connection herewith. All information provided by the Site is for informational purposes only and should not be construed as professional advice. You should not take, or refrain from taking, any action based on any information contained on the Site or any other information that we make available at any time, including, without limitation, blog posts, articles, links to third-party content, discord content, news feeds, tutorials, tweets, and videos. Before you make any financial, legal, or other decisions involving the Interface, you should seek independent professional advice from an individual who is licensed and qualified in the area for which such advice would be appropriate.\
   \
   4.2 The Terms are not intended to, and do not, create or impose any fiduciary duties on us. To the fullest extent permitted by law, you acknowledge and agree that we owe no fiduciary duties or liabilities to you or any other party, and that to the extent any such duties or liabilities may exist at law or in equity, those duties and liabilities are hereby irrevocably disclaimed, waived, and eliminated. You further agree that the only duties and obligations that we owe you are those set out expressly in the Terms.\ <br>
5. **PROPRIETARY RIGHTS**\
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   5.1 Orby owns all rights, names, logos, and other marks used on the Site and the Interface, including, without limitation, any copyrights in and to any content, code, data, or other materials that you may access or use on or through the Site or the Interface. Unless expressly authorized by us, you may not copy, modify, adapt, rent, license, sell, publish, distribute, or otherwise permit any third party to access or use the Interface or any of its contents. Except as expressly set forth herein, your use of or access to the Site or the Interface does not grant you any ownership or other rights therein.\
   \
   5.2. If you satisfy all of the eligibility requirements in the Terms and that your access to and use of the Interface complies with the Terms, you hereby are granted a single, personal, limited license to access and use the Interface. This license is non-exclusive, non-transferable, and freely revocable by us at any time without notice or cause. Use of the Interface for any purpose not expressly permitted by the Terms is strictly prohibited. Unlike the Interface, the Protocol is comprised of open-source software running on the Cronos chain and is not our proprietary property. \
   \
   5.3. You will retain ownership of all intellectual property and other rights in any information and materials you submit through the Interface. However, by uploading such information or materials, you grant us a worldwide, royalty-free, irrevocable license to use, copy, distribute, publish and send this data in any manner in accordance with applicable laws and regulations.\
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   5.4. Orby may use and share your comments, bug reports, ideas, or other feedback that you may provide, including suggestions about how we might improve (collectively, “Feedback”). You agree that we are free to use or not use any Feedback we receive from you as we see fit, including copying and sharing such feedback with third parties (whether on a non-confidential basis, or otherwise), without any obligation or additional compensation to you.\ <br>
6. **MODIFICATION, SUSPENSION, AND TERMINATION**\
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   6.1 Orby reserves the right, at our sole discretion, from time to time and with or without prior notice to you, to modify, suspend or disable (temporarily or permanently) the Site or the Interface, in whole or in part, for any reason whatsoever. Upon termination of your access, your right to use the Site or the Interface will immediately cease. Orby will not be liable for any losses suffered by you resulting from any modification to the Site or the Interface or from any modification, suspension, or termination, for any reason, of your access to all or any portion of the Site or the Interface.\
   \
   6.2. We reserve the right, in our sole discretion, to revise these Terms from time to time. We will notify you by updating the date at the top of the Terms and maintaining a current version. All modifications will be effective when they are posted. By continuing to access or use the Site or the Interface after those revisions become effective, you agree to be bound by the revised Terms.\ <br>
7. **RISKS**\
   \
   7.1 By accessing or interacting with the Site or the Interface in any way, you understand and agree to the inherent risks associated with cryptographic systems, blockchain networks, digital assets, smart contract-based tokens, cryptocurrencies, and systems that interact with blockchain networks. The software underlying blockchain networks are open-source so anyone can use, copy, modify, and distribute it. Orby does not own or control any of such underlying software. \
   \
   7.2. By accessing and using the Interface, you acknowledge and agree that:\
   \
   7.2.1. Orby is not responsible for the operation of the open-source software and blockchain networks underlying the Interface;\
   \
   7.2.2. There exists no guarantee of the functionality, security, or availability of the open-source software and blockchain networks underlying the Interface; \
   \
   7.2.3. The underlying blockchain networks are subject to sudden changes in operating rules (each a “**Fork**”) which are exogenous to Orby and may result in more than one version of such network. Such Fork(s) may materially affect the Interface as well as the value, function and/or name, and may result in loss of control or ownership, of your digital assets. If a Fork occurs, it may also result in the creation of a new digital asset (“**Forked Asset**”) related to an existing digital asset (the “**Prior Asset**”). We have no control over, nor do we have the ability to influence, the creation or implementation of a Fork or of the Forked Asset. We can provide no assurances about the security, functionality or supply of any digital asset, including both the Prior Asset and the Forked Asset. You understand, acknowledge and agree that we assume no liability relating to any change in the value of any digital asset (whether or not resulting from a Fork). You understand, acknowledge and agree that a Fork could constitute a force majeure event beyond our reasonable control, which could affect the value of your digital assets, and that Orby does not assume any liability resulting from such events.\
   \
   7.2.4. You are solely responsible for securing your private key(s). We do not have access to your private key(s); losing control of your private key(s) will permanently and irreversibly deny you access to any blockchain-based network. Neither Orby nor any other person or entity will be able to retrieve or protect your digital assets. If your private key(s) are lost, you will not be able to transfer your digital assets to any blockchain address or wallet. If this occurs, you will not be able to realize any value or utility from the digital assets you may hold.\
   \
   7.3. The Interface may contain references or links to third-party content and/or resources, including, but not limited to, information, materials, products, or services, that we do not own or control, for which Orby is not responsible. In addition, third parties may offer promotions related to your access and use of the Interface. Orby does not endorse or assume any responsibility for any such resources or promotions. If you access any such resources or participate in any such promotions, you do so at your own risk, and you understand that the Terms do not apply to your dealings or relationships with any third parties. You expressly relieve us of any and all liability arising from your use of any such resources or participation in any such promotions.\
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   7.4. You understand that the Cronos blockchain remains under development, which creates technological and security risks when using the Interface, in addition to uncertainty relating to digital assets and transactions therein. You acknowledge that the cost of transacting on the Cronos blockchain is variable and may increase at any time, causing an impact on any activities taking place on these blockchains, which may result in price fluctuations or increased costs when using the Interface.\
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   7.5 You understand that the Protocol is a decentralized application and therefore can easily be integrated into third-party projects and/or applications. The same applies to $USC or other Protocol related token(s). Any reference to such an integration or use-case within the Site is for informational purpose only. Orby Network is not involved, does not support, audit, monitor nor is otherwise connected to any such third-party projects or applications.\
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   7.6 Transactions entered into in connection with the Interface are irreversible and final, and there are no refunds. You acknowledge there is a real risk that assets deposited into the Protocol and Protocol related tokens (e.g. $USC) and collateral may suffer complete and permanent economic loss should the Protocol’s technical or economic mechanisms suffer catastrophic failure. You acknowledge and agree that you will access and use the Protocol, Site and Interface at your own risk.\
   \
   7.7. We must comply with Applicable Law, which may require us to, upon request by government agencies, take certain actions or provide information that may not be in your best interests.\
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   7.8. **YOU HEREBY ASSUME AND AGREE THAT ORBY WILL HAVE NO RESPONSIBILITY OR LIABILITY FOR THE RISKS IN THIS SECTION 7. YOU HEREBY IRREVOCABLY WAIVE, RELEASE AND DISCHARGE ALL CLAIMS, WHETHER KNOWN OR UNKNOWN TO YOU, AGAINST ORBY, ITS AFFILIATES, AND THEIR RESPECTIVE SHAREHOLDERS, MEMBERS, DIRECTORS, OFFICERS, EMPLOYEES, AGENTS, REPRESENTATIVES, SUPPLIERS, AND CONTRACTORS RELATED TO ANY OF THE RISKS SET FORTH IN THIS SECTION 7.**\ <br>
8. **DISCLOSURES**\
   \
   8.1. Orby is an informational site for the Protocol. Orby has no oversight, involvement, or control concerning your transactions using the Interface. Any and all transactions between users of the Interface are executed peer-to-peer directly between the users' blockchain addresses through a third-party developed open-source smart contract.\
   \
   8.2. Orby is not part of any transaction on the blockchain networks underlying the Protocol; we do not have possession, custody, or control over any crypto assets appearing on the Interface; and we do not have possession, custody, or control over any user's funds. Further, we do not store, send, or receive any crypto assets. You understand that when you interact with any Protocol smart contracts, you always retain control over your crypto assets. We do not have access to your private keys.\
   \
   8.3. You are responsible for complying with all Applicable Laws that govern your use of the Protocol, Site and Interface. \
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   8.4. You understand that Orby is not registered or licensed by any regulatory agency or authority. No such agency or authority has reviewed or approved the use of the Site or the Interface.\ <br>
9. **WARRANTY DISCLAIMERS**\
   \
   **THE SITE AND THE INTERFACE ARE PROVIDED ON AN “AS IS” AND “AS AVAILABLE” BASIS. EXCEPT AS EXPRESSLY PROVIDED IN THESE TERMS, TO THE FULLEST EXTENT PERMITTED BY LAW, WE DISCLAIM ALL REPRESENTATIONS OR WARRANTIES, EXPRESS OR IMPLIED, RELATING TO THE SITE, THE INTERFACE, THE PROTOCOL AND UNDERLYING SOFTWARE OR ANY CONTENT ON THE SITE OR INTERFACE, WHETHER PROVIDED OR OWNED BY US OR BY ANY THIRD PARTY, INCLUDING WITHOUT LIMITATION, ANY WARRANTIES REGARDING QUALITY, STABILITY, SUITABILITY, MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE, NON-INFRINGEMENT, FREEDOM FROM VIRUS AND ERROR. IN ADDITION, WE DO NOT REPRESENT OR WARRANT THAT THE CONTENT ACCESSIBLE VIA THE SITE OR INTERFACE IS ACCURATE, COMPLETE, RELIABLE, CURRENT, FREE OF VIRUSES OR OTHER HARMFUL COMPONENTS, OR THAT THE RESULTS OF USING THE SITE OR THE INTERFACE WILL MEET YOUR PURPOSE OR REQUIREMENTS. YOU EXPRESSLY ACKNOWLEDGE AND AGREE THAT USE OF THE SITE OR THE INTERFACE ARE AT YOUR SOLE RISK AND THAT THE ENTIRE RISK AS TO SATISFACTORY QUALITY, PERFORMANCE, ACCURACY AND EFFECT IS WITH YOU. WE MAKE NO GUARANTEES OF ANY KIND IN CONNECTION WITH THE SITE OR THE INTERFACE.** \ <br>
10. **LIMITATION OF LIABILITY**<br>

    **10.1. NOTWITHSTANDING ANYTHING IN THESE TERMS, IN NO EVENT SHALL WE OR ANY OF OUR REPRESENTATIVES BE LIABLE TO YOU FOR ANY LOSSES OR DAMAGE OR CLAIMS:**\
    \
    **10.1.1. DUE TO AN UNUSUAL OR UNFORESEEABLE EVENT, OUTSIDE OUR REASONABLE CONTROL AND THE CONSEQUENCES OF WHICH COULD NOT HAVE BEEN AVOIDED EVEN IF ALL DUE CARE HAD BEEN EXERCISED (INCLUDING BUT NOT LIMITED TO FORCE MAJEURE EVENTS, EVENTS OF WAR OR CIVIL UNREST, NATURAL DISASTERS, STRIKE, LOCK-OUT, TRAFFIC DISRUPTION, ACTS OF DOMESTIC OR FOREIGN GOVERNMENTAL AUTHORITIES);** \
    \
    **10.1.2. ARISING FROM OR IN CONNECTION WITH: (A) ANY DELAY, SUSPENSION, DISCONTINUANCE OR FAILURE OF THE SITE OR THE INTERFACE; (B) ANY REFUSAL TO PROCESS, OR AUTHORISE, OR ANY REVERSAL OF YOUR INSTRUCTIONS FOR ANY REASON; (C) THE DELAY OR INABILITY TO PROCESS OR COMPLETE YOUR INSTRUCTION DUE TO SYSTEM MAINTENANCE, BREAKDOWN, NON-AVAILABILITY OR INTERRUPTION OF THE SITE, THE INTERFACE, THIRD-PARTY BLOCKCHAIN NETWORKS, OUR HARDWARE OR SOFTWARE OR THAT OF ANY THIRD PARTIES;** \
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    **10.1.3. CAUSED BY US DUE TO OUR COMPLIANCE WITH APPLICABLE LAWS AND/OR COURT ORDERS; AND** \
    \
    **10.1.4. ARISING OUT OF OR IN CONNECTION WITH THESE TERMS FOR LOSS OF FUNDS, LOST PROFITS, LOST REVENUES, LOST BUSINESS OPPORTUNITIES, LOST DATA, OTHER INTANGIBLE LOSSES, PUNITIVE, EXEMPLARY, SPECIAL, INCIDENTAL, INDIRECT OR CONSEQUENTIAL DAMAGES, EACH OF WHICH IS HEREBY EXCLUDED BY AGREEMENT OF THE PARTIES TO THESE TERMS, REGARDLESS OF WHETHER SUCH DAMAGES WERE DIRECT OR INDIRECT, FORESEEABLE OR UNFORESEEABLE, OR WHETHER WE OR OUR REPRESENTATIVES HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.**\
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    **10.2. IN NO EVENT WILL OUR AGGREGATE LIABILITY FOR ANY DAMAGES ARISING OUT OF OR IN CONNECTION WITH THESE TERMS OR YOUR USE OF THE SITE OR THE INTERFACE, WHETHER ARISING OUT OF OR IN CONNECTION WITH BREACH OF CONTRACT, TORT (INCLUDING NEGLIGENCE) OR OTHERWISE, EXCEED USD100.00. THE FOREGOING LIMITATIONS OF LIABILITY SHALL APPLY TO THE FULLEST EXTENT PERMITTED BY LAW IN THE APPLICABLE JURISDICTION.**\
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    10.3. We shall not be liable for fault on the part of any third-party service providers instructed by us. In such cases, our liability shall be limited to using reasonable care in the selection, appointment and instruction of such third-party service providers (but not of any sub-contractor or other third party such third-party service provider may use).\
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    10.4. The parties agree that any claims against the other under these Terms may only be brought on an individual basis and not as a plaintiff or class member in any purported class or representative action or proceeding. No court or adjudicator may consolidate or join more than one person's or party's claims and may not otherwise preside over any form of a consolidated, representative, or class proceeding. Any relief awarded to you cannot and may not affect any other users.\ <br>
11. **INDEMNIFICATION**\
    \
    You will defend, indemnify, and hold harmless Orby, its affiliates, members, member, managers, employees, attorneys, representatives, suppliers, and contractors from any claim, demand, lawsuit, action, proceeding, investigation, liability, damage, loss, cost or expense, including without limitation reasonable attorneys' fees, arising out of or relating to (a) your use of or conduct in connection with the Site or the Interface (b) your violation of these Terms; or (c) your misuse of the Site or the Interface, or any smart contract and/or script related thereto; (d) your violation of any laws, rules, regulations, codes, statutes, ordinances, or orders of any governmental or quasi-governmental authorities; (e) your violation of the rights of any third party, including any intellectual property right, publicity, confidentiality, property, or privacy right; (f) your use of a third-party product, service, and/or website; or (g) any misrepresentation made by you. We reserve the right to assume, at your expense, the exclusive defense, and control of any matter subject to indemnification by you. You agree to cooperate with our defense of any claim. You will not, in any event, settle any claim without our express consent.\ <br>
12. **DISPUTE RESOLUTION & ARBITRATION**\
    \
    Any dispute, controversy, difference or claim arising out of or relating to these Terms, including the existence, validity, interpretation, performance, breach or termination thereof or any dispute regarding non-contractual obligations arising out of or relating to it shall be referred to and finally resolved by arbitration administered by the Hong Kong International Arbitration Centre under the Hong Kong International Arbitration Centre Administered Arbitration rules in force when the Notice of Arbitration is submitted. The law of this arbitration clause shall be Hong Kong law. The seat of arbitration shall be Hong Kong. The number of arbitrators shall be one. The arbitration proceedings shall be conducted in English.\ <br>
13. **GOVERNING LAW**\
    \
    The interpretation and enforcement of these Terms, and any dispute related to these Terms, the Site, or the Interface, will be governed by and construed and enforced under the laws of Hong Kong, as applicable.\ <br>
14. **GENERAL INFORMATION**<br>

    14.1. Any right or remedy of Orby set forth in these Terms is in addition to, and not in lieu of, any other right or remedy whether described in these Terms, under Applicable Law, at law, or in equity. The failure or delay of Orby in exercising any right, power, or privilege under these Terms shall not operate as a waiver thereof.\
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    14.2. The following sections of these Terms will survive any termination of your access to the Site or the Interface, regardless of the reasons for its expiration or termination, in addition to any other provision which by law or by its nature should survive: Sections 5 through 14.\
    \
    14.3. The invalidity or unenforceability of any of these Terms shall not affect the validity or enforceability of any other of these Terms, all of which shall remain in full force and effect.\
    \
    14.4. Orby will have no responsibility or liability for any failure or delay in performance of the Site or the Interface, or any loss or damage that you may incur, due to any circumstance or event beyond our control, including without limitation any flood, extraordinary weather conditions, earthquake, or other act of God, fire, war, insurrection, riot, labor dispute, accident, any law, order regulation, direction, action or request of the government, communications, power failure, or equipment or software malfunction.\
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    14.5. You may not assign or transfer any right to use the Site, the Interface, or any of your rights or obligations under these Terms, without our express prior written consent, including by operation of law or in connection with any change of control. We may assign or transfer any or all of our rights or obligations under these Terms, in whole or part, without notice or obtaining your consent or approval.\
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    14.6. These Terms contain the entire agreement between you and Orby and supersede all prior and contemporaneous understandings between the parties regarding the Interface and the Site or the Interface.\
    \
    14.7. In the event of any conflict between these Terms and any other agreement you may have with us, these Terms will control unless the other agreement specifically identifies these Terms and declares that the other agreement supersedes these Terms.\
    \
    14.8. You agree that, except as otherwise expressly provided in these Terms, there shall be no third-party beneficiaries to the Terms other than the Indemnified Parties.\ <br>
15. **CONTACT INFORMATION**\
    \
    If you have any questions about these Terms, the Site, or the Interface, please get in touch with Orby on any of our official social media and/or communication channels as may be set up from time to time.&#x20;

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# Brand Guidelines

Welcome to the Orby Network community! We appreciate your enthusiasm and creativity. To ensure a cohesive and positive representation of our brand, please adhere to the following guidelines when using our logos, icons, and brand assets.

<br>

Usage Permissions:

Orby Network users and enthusiasts are encouraged to use our logos, icons, and brand assets for creative artworks and marketing. However, usage is subject to compliance with the guidelines outlined below.

<br>

## Do's:<br>

Consistent Branding:

Use the official Orby Network logo and brand colours consistently across all materials, following the guidelines provided.

Positive Promotion:

Promote Orby Network in a positive and professional manner in all communications.

Legal Compliance:

Follow all applicable laws and regulations related to the promotion and use of dApps, digital assets, and DeFi protocols.<br>

Respect Intellectual Property:

Respect Orby Network's intellectual property rights related to branding and marketing materials.

Content Reporting:

Report any contents that violate these guidelines.<br>

Community Engagement:

Reach out to our Community Managers for clarifications regarding the use of Orby Network brand assets.<br>

Collaboration Proposals:

Feel free to complete the collaboration request form if you propose an official marketing collaboration.

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## Don'ts:

Alterations without Approval:

Do not alter or modify the official Orby Network logo or brand colours without our team’s prior approval.

Deceptive Use:

Do not use Orby Network brand assets in any way that might mislead or deceive customers, including creating fraudulent or copycat accounts, products, or services.<br>

Reputation Damage:

Do not engage in any behaviour that could damage the reputation of the Orby Network brand.<br>

Illegal or Unethical Activities:

Do not use Orby Network brand assets to promote or conduct any illegal, unlawful, or unethical activities.<br>

Unauthorised Merchandise:

Do not use Orby Network brand assets to create merchandise or physical products without our team’s express approval.<br>

False Partnerships:

Do not use any Orby Network brand assets that imply an official partnership or endorsement if it does not exist.<br>

Endorsement of Other Products:

Do not use Orby Network brand assets to promote or endorse other financial, crypto, or DeFi products or services without our team’s prior approval.<br>

Guideline Adherence:

Do not use any Orby Network brand assets except those explicitly set out in these guidelines.<br>

Trademark Information:

The trademarks of Orby Network are exclusive property and may only be used in accordance with these guidelines or explicit permission from Orby Network. Misuse may result in legal action. Orby Network reserves the right to revoke permission at any time and without notice.

<br>

## Orby Logo

<figure><img src="/files/hBRBln3qhvFbAqPFWUIr" alt=""><figcaption></figcaption></figure>

For inquiries, contact us on social media, Discord, or Telegram.

Thank you for being part of the Orby Network community!


# Bridging

If this is your first time using Cronos chain, here is the [Cronos Documentation](https://docs.cronos.org/for-users/bridge) to transfer your funds.


# Bug Bounty

If you happen to find any potential bugs, please report them to our official channel here: <https://hackenproof.com/company/cronos/programs>