Everything about xOCH — reward token of Orchai
This article focuses on the reward token of Orchai — xOCH, as well as surrounding information such as convert ratio, vesting time, etc.
If you have followed Orchai for a while, you are probably familiar with the name xOCH. This is Orchai’s reward token and has been used in many of our programs, such as Giveway, Airdrop, or Incentive. With OCH now listed, many people are also curious about what to do with the amount of xOCH they have received. Therefore, Orchai would like to provide this article to summarize the main content of our reward token.
Overall
In the past, Orchai has held many activities, and also intends to exploit more in the future. From that, we realized the need for a separate reward token for the ecosystem, and then xOCH was born. It has been used to reward a variety of Orchai activities, such as:
- Airdrop: https://app.orchai.io/airdrop
- Incentive: https://app.orchai.io/incentive
- Other campaigns like Giveaway, Zealy, etc.
Utilities
In Orchai ecosystem, 1 xOCH has the same value as 1 OCH and can be converted at a 1:1 ratio. You can use this reward token to participate in activities similar to OCH in Orchai, typically Liquid Stacking or Money Market. Currently in our plan, xOCH will be vested for 1 year and released sequentially as blocks, with more information to be announced.
xOCH TL;DR
- Reward token of Orchai.
- 1xOCH = 1 OCH → 1:1 conversion rate.
- 1-year vesting, released each block.
- More TBA.
OCH token
OCH is the utility token of the Orchai low-code DeFi platform that is based on Oraichain’s CW20 standard. This token can be used with 4 main objectives including Co-Harvest, Reward, Payment, and DAO Governance. OCH is now listed on:
OCH contract address for:
- Ethereum: 0x19373ecbb4b8cc2253d70f2a246fa299303227ba
- Oraichain: orai1hn8w33cqvysun2aujk5sv33tku4pgcxhhnsxmvnkfvdxagcx0p8qa4l98q
Above is the information surrounding Orchai’s reward token — xOCH. We will continue to update this post when there are new announcements, so stay tuned!
About ORCHAI.IO
Orchai is a low-code DeFi platform providing multiple protocols and features powered by AI. With a diversified ecosystem of different products, Orchai aims at 2 ultimate goals:
- Improving the management & investing strategy (With the low-code DeFi features powered by AI)
- Optimize asset flow (With the 2 protocols: Liquid Staking & Money Market)
The power of Orchai lies in the Cross-chain feature and AI assistance, unleashing the potential of DeFi with AI algorithms.
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