SIGN Launches 100M Token Orange Basic Income (OBI) Program

KuCoinFlash

Release Time: 03/20/2026 13:37:23

SIGN

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Summary

SIGN announced the Orange Basic Income (OBI) program in on-chain news, allocating 100 million tokens to reward long-term holders. The initiative encourages users to transfer tokens from exchanges to self-custody wallets. Season 1 offers up to 25 million SIGN, with 9 million designated for holding rewards. The token launch announcement highlights incentives from strategic buybacks, with 100 million tokens locked for transparency.

BlockBeats news: On March 20, SIGN officially announced the launch of the "Orange Basic Income" (OBI) incentive program, aiming to redefine value rewards for long-term holders with a budget of 100 million SIGN tokens. The program encourages the community to move tokens from centralized exchanges to self-custody wallets.

It is reported that OBI has abandoned the traditional fixed staking model and now distributes rewards based on monitoring the on-chain balance and holding duration of users' self-custody wallets. Season 1 is now open, with a total allocation of up to 25 million SIGN tokens, of which 9 million are directly allocated as holding rewards.

The incentive funds are entirely derived from the foundation's strategic buyback last year. Currently, 100 million SIGN tokens are locked in an on-chain custodial address, ensuring that each quarterly reward is fully collateralized and publicly transparent.

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