The majority of the funds raised from the ORB token sale will be dedicated to ensuring stability and liquidity for the USDX stablecoin, which is a key focus of the Orbitium network.

The operational and R&D costs will be reduced by leveraging the Cosmos SDK and Tendermint Core, which accelerates the development of the application blockchain. Familiar and proven solutions for swaps and lending will be used as the basis for Orbitium’s products, further reducing the costs associated with R&D. Out of all funds raised from the token sale stages, 92% will be dedicated to:

• Collateral to mint the initial amount of USDX
• Emergency fund to stabilize USDX and the ecosystem in times of volatility
• Initial liquidity for the ORB & USDX tokens

The detailed expenditure of funds is shown below:

With 50% of the funds dedicated to USDX, Orbitium will kick start several productive initiatives for its ecosystem. A part of the stablecoins will be made available on the lending protocol as an initial lending pool - users will be able to withdraw from it against collateral at a variable interest rate. Another part will be posted as liquidity on exchanges ensuring low slippage on trades and price stability and quantities of the USDX are swapped in and out.

                                               *Distribution of initial minted USDX in MM*