Orbit Protocol 🥮 @OrbitLending
Introducing Orbit - The native lending protocol on @Blast_L2 orbitlending.io Joined January 2024-
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July rewards have been released by Orbichan 🥮
All of may rewards have been deployed See you in June
May Rewards Over 2 million in tokens have been distributed this month from emissions and staking
4/ On @blast: ⍛ wrsETH lending on @InitCapital_ ⍛ wrsETH<>wETH vault on @juice_finance ⍛ wrsETH lending on @OrbitLending ⍛ wrsETH<>wETH vault on @hyperlockfi 5/ On @modenetwork: ⍛ wrsETH lending on @SturdyFinance
Official Orbit CAs for verification Space Station 0x1e18c3cb491d908241d0db14b081b51be7b6e652 ETH Pool 0x0872b71EFC37CB8DdE22B2118De3d800427fdba0 USDB Pool 0x9aECEdCD6A82d26F2f86D331B17a1C1676442A87 THIS IS THE END OF THE TWEET
Our original domain temporarily is down orbitlending.io We've reverted to a temporary domain orbitlend.io Check below for official CAs
Blast Gold distributed to all Orbit users as of December 2024 🏆🏆 Happy New Year!
Earn @blast Gold and APYs lending on @OrbitLending
Phase 2 Gold Distribution 6 is live: That’s 11 million new Blast Gold up for grabs! Some recent Blast ecosystem highlights👇
Still over 60% APY for lending USDB on @OrbitLending's main secured pool
Theres 200%+ APY available for lending USDB on our main Orbit Pool 👀👀
Theres 200%+ APY available for lending USDB on our main Orbit Pool 👀👀
Send it $ORBIT
The Moon Pool will be deprecated today after resolution of the DETH incident. You do not need to repay your loans as all positions were dispersed directly to users in USDB The Main Orbit Pool remains secured and operational
Reimbursements have been completed All users who we're affected by the Duo depeg exploit have been refunded. disbursements assets were processed in USDB. We remind users who originally to deposited/wrapped on Duo Exchange that they have the option to withdraw their Duo assets
@kt_824 @PacmanBlur Responded to your ticket
Reimbursements have been completed All users who we're affected by the Duo depeg exploit have been refunded. disbursements assets were processed in USDB. We remind users who originally to deposited/wrapped on Duo Exchange that they have the option to withdraw their Duo assets for a 1:1 rate.
We are covering 100% of users in the Moon Pool that were affected by the depeg of @DuoExchange DETH All assets will be returned early next week in USDB at these market prices: DUO ETH = $1000 DUO USD = $0.72 ETH = $2350 USDB = $1 Yesterday a major holder of DETH was phished
Today in @Blast ("Duck Duck Blast"): ➡️ GM and happy touch grass day! I'm in a Hmong homestead now in the mountains with decent wifi! Not much news to cover, but the Big Bang winners could be announced tomorrow ➡️ @OrbitLending came to the rescue for all of their users impacted by the recent DETH depeg. They'll be paying everyone next week in USDB based on current market values ➡️ @DuckieBlastDash will launch a racing game with a refundable NFT on @Blastr_xyz soon. You can try a demo version of the game on their site ➡️ @Blast_roulette is a Telegram-based roulette game. They got 10K Gold and will launch October 20th with some ppl with partner airdrops getting their $BRA token on October 19th ➡️ You have one day left to get your @fantasy_top_ deck in for Main 21 ➡️ OTHER: Memecoins are pumping all over the place due to a cult of personality forming around @MustStopMurad, who made a viral video on them recently. I'm personally selling vs. buying here ➡️ In token world, $ETH is flat at $2,465, $BLAST fell 2% to $0.0088, $ANDY rose 3% to 5.4 cents, $MACHI rose 3% to 14 cents, and $THRUST rose 2% to 9.8 cents ➡️ GIVEAWAY: Like, RT, and comment on one of these news items or add Blast news/alpha to win 100 gold. Yesterday's winner was... @archivum_saves - DM me your wallet!
@0xAerlion @DuoExchange Thanks @0xAerlion! x.com/OrbitLending/s…
We are covering 100% of users in the Moon Pool that were affected by the depeg of @DuoExchange DETH All assets will be returned early next week in USDB at these market prices: DUO ETH = $1000 DUO USD = $0.72 ETH = $2350 USDB = $1 Yesterday a major holder of DETH was phished
We are covering 100% of users in the Moon Pool that were affected by the depeg of @DuoExchange DETH All assets will be returned early next week in USDB at these market prices: DUO ETH = $1000 DUO USD = $0.72 ETH = $2350 USDB = $1 Yesterday a major holder of DETH was phished for approximately 12.5k DETH tokens, causing a significant depeg in the price of DETH. This allowed an exploiter to deposit a large sum of DETH into the Moon Pool, enabling them to drain other assets (LSTs, Kelp and ETHERFI, are unaffected). As a result, the pool reached 100% utilization, preventing lenders from withdrawing their funds Quickly after, we successfully minted a RESCUEFUNDS token in the Moon Pool to recover the exploiters DETH This was only possible because the Moon Pool is not Time Locked as it’s a riskier lending pool. The main Orbit Pool is completely unaffected, protected by a Time Lock, and remains the most secure lending pool on Blast After we recovered the DETH we received live updates from @blast and other partners that guided our decision. We have concluded we cannot speculate on DETH to repeg and will pay out users in USDB at market prices If you were affected, then create a ticket in our Discord Otherwise, we will pay you out directly to affected wallet We will be calculating users positions over the weekend and begin payouts early next week
We are aware of the dETH depeg and impact on the Moon Pool - we have taken action. We'll posting next steps and reaching out to affected users shortly as we discuss with relevant groups The main Orbit Pool is unaffected and remains secure it only supports ETH, USDB and wBTC
Excited to support @thrusterfi on their launch of $THRUST They're helping with liquidity sustainability in the Blast ecosystem through their new gauge emissions system.
We are covering 100% of users in the Moon Pool that were affected by the depeg of @DuoExchange DETH All assets will be returned early next week in USDB at these market prices: DUO ETH = $1000 DUO USD = $0.72 ETH = $2350 USDB = $1 Yesterday a major holder of DETH was phished
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