Orbit is an innovative platform that seamlessly integrates artificial intelligence (AI) with decentralized finance (DeFi), aiming to simplify and enhance user interactions within the DeFi ecosystem. By leveraging advanced AI technology, Orbit offers users an effortless, automated, and intuitive experience, transforming how individuals engage with DeFi protocols.

Tokenomics

The native token of the Orbit platform is denoted as $GRIFT. The token distribution is structured to ensure the platform's sustainability and growth:

  • Team & Investors: Allocated 3% of the total supply, with a 12-month lock-up period to align long-term interests.
  • Liquidity: 2% released at Token Generation Event (TGE).
  • Community Treasury: Gradual release over 12 months, supporting community initiatives and platform development.

A unique aspect of Orbit's tokenomics is the commitment to use 30-50% of net revenue for open-market buybacks and reward distributions, enhancing token value and incentivizing participation.

Underlying Technology

Orbit's platform is built upon advanced AI algorithms designed to optimize cross-chain operations. This technology enables users to:

  • Effortlessly swap tokens and bridge assets across 116 chains with optimal efficiency.
  • Maximize returns through intelligent staking and yield farming strategies.
  • Access liquidity or earn interest via secure lending and borrowing protocols.
  • Utilize comprehensive tools for tracking, analyzing, and optimizing crypto portfolios.

The AI-driven approach ensures that users can navigate the complex DeFi landscape with ease and confidence.

Supported Networks

Orbit boasts extensive ecosystem integration, connecting seamlessly with over 100 blockchains and approximately 200 DeFi protocols. This broad compatibility allows users to operate across multiple blockchain ecosystems through a unified interface, enhancing accessibility and operational efficiency.

Market Status of $GRIFT Token

As of the latest data, the $GRIFT token is actively traded on decentralized exchanges. The platform's commitment to token buybacks and reward distributions is designed to support the token's market value and provide incentives for holders.

Investors and Team

Orbit was developed by Christopher Ries and Ryan McNutt, both bringing extensive experience in AI and product development. Christopher Ries was one of the initial data science hires at Cylance, an AI cybersecurity startup acquired by Blackberry for $1.4 billion. Ryan McNutt has a deep background in AI and is a multiple-time founder, with his first startup focusing on Natural Language Processing (NLP).

Development Status

Orbit is actively expanding its features and integrations. The platform offers tools for agent creators and websites to monetize AI-driven services, providing built-in payment capabilities and cross-chain compatibility. This initiative reflects Orbit's commitment to fostering an autonomous economy powered by AI and blockchain technology.

Technological Innovation and Potential

Orbit stands at the forefront of the DeFi and AI convergence, offering a platform that not only simplifies DeFi interactions but also introduces intelligent automation. By providing AI-driven financial services and tools for both individual users and businesses, Orbit is poised to play a significant role in the evolving landscape of decentralized finance.

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