The longer you hold your unclaimed ORB, the more refined ORB you’ll receive from
others who claim early. It’s a built-in incentive for long-term thinking.
The Core Concept
When miners claim their ORB rewards, a 10% refining fee is automatically deducted. This fee is then redistributed to all miners who haven’t claimed yet, proportional to their unclaimed ORB balance. The result: Holders receive more ORB over time, while early claimers pay a small fee that benefits the community.How It Works
The Refining Fee
- You receive 90% of your unrefined ORB
- 10% goes to the refining pool
Redistribution
The 10% fee is distributed to all holders with unclaimed ORB:Refining uses a cumulative index system (similar to Compound’s interest accrual) to ensure
fair distribution regardless of when you claim.
Benefits of Holding
As others claim their ORB, your percentage of total unclaimed ORB increases, meaning you receive a larger portion of future refining fees. This creates a compounding effect for long-term holders.Key Numbers
| Metric | Value |
|---|---|
| Refining Fee | 10% |
| You Receive | 90% |
| Distribution | Proportional |
| Accumulation | Automatic |
Refining is a unique feature that aligns incentives toward long-term holding. The longer you hold, the more you benefit!
