$esORB

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

Key Features:

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

  2. Deposit $esORB and/or $ORB into 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

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