📌about #oxt

about Orchid (OXT):

1. Utility token on Ethereum – OXT is an ERC‑20 token launched in December 2019, powering the decentralized Orchid VPN network .

2. Bandwidth payments & staking – Users pay providers by spending OXT for bandwidth, while providers stake it to earn priority selection and rewards .

3. Fixed supply with deflationary potential – There are 1 billion OXT total; some are periodically burned, creating scarcity .

4. Privacy-first P2P VPN – Orchid uses multi-hop encrypted connections and micropayments to enable censorship-resistant internet access .