$ORION Airdrops and Staking on Terra
How to collect your $ORION airdrops and stake to earn staking rewards
Today is the day!
We have big news:
- Today Luna stakers and Orion Money validator delegators will be able to start collecting their $ORION airdrops
- You can stake $ORION airdrops right away for a high APR
For a detailed read about $ORION airdrops read our previous post on this topic. Important to note that:
- 1st airdrop today is for your Luna stake with any validator.
- If you stake with Orion Money validator — after you claimed 1st airdrop, press refresh and then collect Orion validator airdrop.
Orion validator airdrop will be done on a monthly basis for next 11 months (details here).
In the current post, we want to show how to collect airdrops and stake them.
How to collect your $ORION Airdrops on Terra
If you were staking Luna with any validator at the time of Genesis ORION snapshot (October 20, 2021 1pm UTC) — you qualify for ORION Genesis airdrop. If you were staking at the snapshot time with Orion Money validator — you will also receive 2nd aidrop specifically for ORION validator delegators. See for more details our previous post on this.
- To collect $ORION Airdrops — go to Orion.money website and click Launch dApp
2. Choose Terra as Network and choose your Terra wallet depending if you are on a laptop or mobile
3. Once you open Orion Money dApp, if your Terra wallet is in the snapshot, you will see 1) Airdrop pop-up in the top-right screen; 2) Staking interface.
4. To collect Airdrops — you can click either Claim & Stake or Claim button. It will then open a screen that shows the amount of the airdrop and the cost of transactions.
Once you confirmed the above transactions in your Terra station wallet — your ORION will be staked or collected (depends which button you pressed).
Please mind that ORION staking has 7 days unstaking condition (the same as on Ethereum and BSC).
Note: Airdrops not collected within 3 months will be re-purposed for $ORION staking rewards — increasing rewards for $ORION stakers on Terra.
ORION Staking
Follow steps 1–3 as above. Then just press Stake for $ORION Staking and confirm in the pop-up screen and in your Terra station wallet.
Please mind that ORION staking has 7 days unstaking condition (the same as on Ethereum and BSC).
We hope now you’re staking your $ORIONs and earning great rewards! 🎉🎉🎉
About Orion Money
Orion Money’s vision is to become a cross-chain stablecoin bank providing seamless and frictionless stablecoin saving, lending, and spending. Within the Orion Money stablecoin bank, we have three main products planned — Orion Saver, Orion Yield and Insurance, and Orion Pay. Orion Money uniquely brings high yields from Terra to users on Ethereum protocol in easy-to-use dApps.
