Orby Network
  • Introduction
    • What is Orby?
    • What is $USC?
  • Tokenomics
    • $ORB
    • $esORB
    • The Vault
  • Overview
    • $USC Borrowing & Repayment
      • Borrowing $USC
      • Repaying $USC
    • Supported Collateral
      • Collateral Risk Parameters
    • Liquidations & the Stability Pool
      • Liquidations
      • Stability Pool
    • $USC's peg stability & Redemptions
      • Base Rate
      • Redemption Mechanism
    • Understanding Liquidations vs Redemptions vs Repayment
    • Risk Dashboard
    • Recovery Mode
      • Liquidations in Normal Mode
      • Liquidations in Recovery Mode
    • Security & Audits
    • Orby Ecosystem & Partnerships
    • Airdrop Campaign
      • Airdrop Seasons
        • Season 1
        • Season 2
      • How to claim airdrop rewards?
      • Airdrop Terms and Conditions
  • User Guide
    • How to connect to Orby Network
    • How to borrow $USC
      • Opening a new shuttle
      • Borrowing more $USC
    • How to repay $USC
      • Repaying debt partially
      • Repaying debt fully
    • How to obtain collateral
    • How to add collateral
    • How to withdraw collateral
    • How to use the Stability Pool
      • Depositing $USC
      • Withdrawing $USC
      • Claiming Stability Pool rewards
    • How to stake $esORB/$ORB
    • How to track points
    • How to use the Redemption feature
      • Getting the Best Exchange Rate
      • VVS Swap Widget
    • How to recover collateral after liquidation
    • How to recover collateral after redemption
    • Glossary of Terms
  • Additional Info
    • Smart Contract Addresses
    • Price Oracle
    • Team Wallets
    • Risk Disclosure
    • Terms of Use
    • Brand Guidelines
    • Bridging
    • Bug Bounty
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  • Key Features:
  • Obtain $esORB via 2 methods
  • $esORB use cases
  • Convert $esORB to $ORB - 90 day waiting period
  1. Tokenomics

$esORB

Previous$ORBNextThe Vault

Last updated 1 month ago

$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 to earn revenue.

  • Conversion: at a 1:1 ratio after a 90-day wait.

Rewards for Vault Depositors:

  • $esORB rewards

  • Protocol revenue in $USC and $cdcETH

  • 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

$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

Deposit $USC in the

Deposit $esORB and/or $ORB into the

Vault
Convert $esORB to $ORB
Stability Pool
Vault