We are thrilled to announce the launch of our proprietary point system, Orange Points “Mission to the Moon“, on August 6th, 2024.
This program, with the TGE scheduled for Q1 2025, is designed to capture user activities and distribute reward tokens in a fair and incentivized manner, fostering the long-term growth of the Orange Finance protocol.
Spanning five chapters, the program offers various ways for participants to earn points, with up to 10% of the token allocation reserved for governance and distribution of protocol revenue.
Chapter 1, "The Countdown," starts today, with the theme of Social & On-chain Activity. In this chapter, there are two main ways to earn points: through Point Airdrops and Referrals.
Users can qualify for point airdrops based on their address status within the LPDfi and Arbitrum ecosystems as of the snapshot on August 13, 2024.
A total of 21 partner protocols are involved, and users can earn 7 points per protocol by meeting specific conditions. If you complete all 22 conditions including Orange, you can earn up to 154 points.
The first set of conditions focuses on protocols within the Stryke ecosystem: Stryke, Orange Finance, SushiSwap, and PancakeSwap.
LP positions in StrykeCLAMM on Uniswap, SushiSwap, and PancakeSwap, as well as any StrykeVault on Orange Finance, are included in the points airdrops.
Be sure to check the UI for details.
Remember, you must sign up before the snapshot date to qualify for the Chapter1 Points airdrop.
You can also earn points through referral activities. For each new user you refer via your referral link, you'll earn 5 points. Plus, you'll receive an additional 10% of the point airdrops earned by the users you refer. Referred users will also receive a 10% bonus on their points.
Chapter 2 will introduce a program where you can lock LP tokens of Orange’s vaults to earn points, along with ARB LTIPP incentives of up to 150,000 ARB tokens. Participants from Chapter 1, holders of the AlphaOrangeCrew Role on Discord, and Founding Member NFT holders will receive a rewards boost.
Chapter 3 will extend point-earning opportunities to new ecosystems like Superseed and Berachain.
Orange is positioned in the DEX Liquidity Management category, known for its strong profitability. For example, GammaStrategies, with a TVL of around $75M, generates an annual revenue of about $4.32M.
Orange follows a similar business model but focuses on LPDfi (LP Restaking), which can significantly enhance the profitability of DEX LPs—by approximately 40%—through the utilization of idle assets in derivative trading. This approach, where LPDfi liquidity is also used for selling options and swaps on DEXes, boosts profitability and increases the value of Orange tokens.
Orange has also established itself as a first mover in the LPDfi space, leading the way in DEX Liquidity Management. This field requires specialized knowledge and strong partnerships, creating significant barriers to entry. As a result, Orange has secured a unique market position that is challenging for competitors to penetrate.
Additionally, we recently closed an angel round with leaders in this category, including tz from Stryke and Ironboots from Camelot, as well as Ali from Sushiswap, the founders of InfinityPools.
Orange Finance currently has a TVL of $2M but aims to capture a portion of Uniswap's $5B liquidity. LPDfi can significantly boost DEX LP profitability, providing LP providers with new and more lucrative opportunities.
Orange is a truly innovative project in the DeFi space, and earning Orange points is your first step toward becoming a valued member of the Orange community.
3... 2... 1... Your journey to the Orange moon begins now!!