Additional Notice Regarding oAsset Lock-up Program

Hello Orbit Chain Community

In our previous announcements on April 9th regarding the “oAsset Lock-up Incentive Plan (Draft)” and on July 25th about the “Orbit Bridge Update Plan,” we informed you that five exploited assets, namely oETH, oUSDT, oUSDC, oDAI, and oWBTC, will be available for exchange through a contract or locked up through an incentive program. We would like to provide you with further details on this matter.

1) OZYS-held Exploited oAssets and Purchased oAssets

Regarding the exchange of the five exploited oAssets through the contract, these assets can be exchanged for their original assets according to the proportion of the original assets within the contract. It is important to note that oAssets held by OZYS, which include the five exploited oAssets and the oAssets currently being purchased on a monthly basis, will be excluded from circulation.

Since the exploit occurred, OZYS has prioritized the recovery of user assets as its foremost task. The assets held by our company and the quantities we are purchasing will not be circulated until user assets have been fully recovered.

Additionally, these assets will be excluded from the incentives in the upcoming Lock-up smart contract. We are committed to ensuring that those who voluntarily participate in the normalization of the Orbit ecosystem as holders will automatically receive greater incentives.

2) Additional Information on Lock-up Incentive Calculation

Unlike oUSDC, oUSDT, and oDAI, which are stable assets, oWBTC and oETH are subject to price fluctuations. Therefore, the distribution of incentives for these assets will be calculated based on the market price of the original assets at the time of the snapshot, which will serve as the basis for the Lock-up incentive distribution.

OZYS remains dedicated to actively working toward the normalization of the Orbit ecosystem.

Thank you for your continued support.