Evaluation copy under final audit

How ORBT Works

|| chain-agnostic, pre-funded, 1:1 liquid ||

ORBT’s architecture enables a seamless lifecycle of minting, deploying, and settling assets - ensuring every 0xAsset in circulation is verifiably backed and efficiently utilized.

Example

1

Buy 0xAssets

A user swaps ~100 USDT for ~100 0xUSD (minus minimal gas/AMM costs). Similarly, users can acquire 0xBTC by swapping supported BTC-trackers into 0xBTC at ~1:1.

2

No spread on mint/redeem

Any slippage or execution fees are embedded in the swap/mint price.

3

Peg & reserves set by UCE

Keeps a liquid buffer for fast 1:1 redemptions and marks the remainder for monetization (pre-funded settlements / money-market routing).

4

Qualified custody for liquid funds

The liquid backing (e.g., USDT) is held with qualified custodians / safes (BitGo, Fireblocks, Safe). Funds remain onchain/programmable and are available to honor instant PSM swaps and redemptions to keep 0xUSD at par, and routes the marked remainder fund into monetization.

5

Pre-funded settlements

ORBT sends in-transit capital through policy governed monetization strategies permits. Settlements execute, counterparties deliver, and funds are returned within 1–2 blocks.

6

Rewards to savers

Pre-funded settlement routing margins, and money-market income are aggregated. Users who convert 0xAssets into s0xAssets accrue this revenue as a savings rate.


Pre-Funded Settlement

  • Liquid first: A PSM reserve sits ready to honor 1:1 swaps and redemptions so the peg holds under load.

  • Monetize the rest: The non-reserve portion is pre-funded into settlement lanes where it earns transaction fees.

  • Fast round-trip: Because settlements are pre-funded and intent-based, capital cycles back quickly, keeping liquidity fresh and peg pressure low.

  • Policy controls: Per-asset limits, per-allocator caps, and daily ceilings are enforced by the UCE. Parameters can be tightened in stress to defend the peg.


0xAsset variants

  • 0xUSD: Dollar-par unit; base settlement currency across chains and protocols.

  • 0xBTC: BTC-par unit for BTC-denominated flows.

  • 0xETH (optional, if enabled): ETH-par unit for ETH-native settlements.

All 0xAssets follow the same pattern: 1:1 issuance, PSM-based peg, and pre-funded monetization for yield. They are chain-agnostic and composable.


Savings assets (s0xAssets)

  • s0xUSD, s0xBTC, … are the reward-accruing versions of 0xAssets.

  • Deposit 0xAssets → receive s0xAssets → earn protocol revenue (allocator fees, routing margins, money-market spreads).

  • Redeem anytime to withdraw your principal plus accrued yield (subject to any cooldowns/policy rules and jurisdictional limits).


Custody & execution context

  • Qualified custodians / safes (e.g., BitGo, Fireblocks, Safe) can hold reserves or operate Pocket permits.

  • Pocket implements least-privilege policy keys on EOAs, multisigs, safes, custodial wallets, or smart contracts.

  • The Accounting Layer (Money Market + Pocket) tracks credit delegation, limits, and settlement receipts end-to-end - on-chain, auditable, and fast.


Why this works

ORBT removes the “fragmented liquidity” tax. By unifying dollars into 0xAssets, keeping high-quality liquid reserves, and monetizing in-transit capital through pre-funded settlements, the system can

(a) defend the peg and

(b) share real fee income

with savers - without exposing holders to anything except on-chain execution and settlement flow risks clearly described in the Risk Disclosures.

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