SIGN Launches 1 Billion Token Orange Basic Income (OBI) Initiative

BlockBeats News, March 20, SIGN officially announced the launch of the "Orange Basic Income" (OBI) incentive plan, aiming to redefine the value proposition for long-term holders through a budget of 100 million SIGN. The plan encourages the community to move tokens from CEX to self-custody wallets.

It is reported that this OBI has abandoned the traditional fixed staking model and instead distributes rewards by monitoring users' on-chain wallet balances and holding duration. Season 1 is now open, with a single-season allocation of up to 25 million SIGN, of which 9 million are directly used for holding rewards.

All incentive funds are derived from the foundation's strategic buyback last year. Currently, 100 million SIGN are locked in on-chain custody addresses to ensure full collateralization and public transparency for each season's rewards.