Two weeks until the Orby Network sunset.
September 30 is the date the app is aiming to come down. If you are holding $USC or esORB, have Stability Pool deposits, or have a shuttle open, please unwind before then.
Redeem $USC: orby.network/redeem/
Need a hand: discord.gg/ZSTZABYk5e
September 30 is the Orby Network close date. Four weeks out.
The app is aiming to come down on that date, so anything you want to do through the interface is best done before then. That includes claiming Stability Pool gains, converting esORB, and closing any open shuttle.
Redeem $USC: orby.network/redeem/
Questions: discord.gg/ZSTZABYk5e
A checkpoint on the Orby Network wind-down.
We are aiming to close the protocol on September 30. Between now and then the team is here to help you unwind.
The USC-USDC pool on VVS closed in July. $USC can still be redeemed for collateral directly through the protocol:
orby.network/redeem/
If you have a shuttle open, Stability Pool deposits, or esORB left to convert, this is a good moment to sort it.
Open a ticket and we will walk you through it: discord.gg/ZSTZABYk5e
Update on the USC / USDC pool on @VVS_finance
We're keeping this pool open until July 7. If you're still holding USC, now's a great time to swap it into the pool before it's removed.
Orby is winding down ahead of its September close. Swap at your convenience while the pool is live.
Orby Network closes September 30.
The team is still here to help you exit cleanly. No one should be left holding anything they can't get out of.
Head to Discord if you need help: discord.gg/ZSTZABYk5e
A few weeks left before the USC-USDC V3 Pool closes.
Swap your $USC for USDC before it closes.
After June 30, the pool will be shut down. Time is running out.
Step-by-step guide: doc.orby.network/user-guide/…
September 30 is the Orby Network shutdown date.
Here is what you still need to do:
1. Claim any collateral gains from the Stability Pool
2. Claim and convert esORB to $ORB
3. Redeem $USC via the V3 pool (open until June 30)
4. Withdraw all remaining funds
Questions? Open a ticket in Discord: discord.gg/ZSTZABYk5e
The V3 USC-USDC pool on VVS Finance is live until June 30. Swap your $USC for USDC before it closes.
If you have Stability Pool deposits or collateral positions still open, unwind those first.
Step-by-step guide: doc.orby.network/user-guide/…
Orby Network shuts down on September 30.
Before that date, make sure you have:
- Redeemed all $USC
- Claimed collateral gains and esORB rewards
- Converted esORB to $ORB
- Withdrawn everything from the Stability Pool
Do not leave it until the last minute.
Our Commitment to $USC Holders
We hear you. $USC has been trading above peg. We know users with open collateral positions on Orby cannot repay their debt without buying $USC at a premium.
And we know the silence has left the community without answers.
We should have done better.
Here is where we stand.
Within 14 days, we are committed to publishing a comprehensive plan with everything you need to exit safely. This will include the detailed path forward for $USC and Orby Network, and step-by-step instructions for redeeming your collateral.
The Orby Network Team
💡 $USC is Orby Network's stablecoin, always backed by more than its value in diverse collateral assets. This overcollateralization design ensures stability and strengthens its peg. orby.network/
Meet $USC, Orby Network's native stablecoin! 💡 It's always overcollateralized by diverse digital assets to maintain its stability and security. Discover how it works: orby.network/
💡 $USC is Orby Network's decentralized stablecoin, soft-pegged to the US Dollar. Its value is secured by being always overcollateralized with various digital assets, enhancing its stability. orby.network/
💡 The Stability Pool is essential for maintaining Orby Network's stability. Users deposit $USC to help liquidate undercollateralized shuttles, absorbing debt and receiving collateral in return.
orby.network/
Orby Network introduces $USC, its native stablecoin, designed to maintain a soft peg to 1 USD. This stability is achieved through an overcollateralized borrowing mechanism, ensuring robust backing for every token.
orby.network/
Orby Network enables you to borrow $USC, an overcollateralized stablecoin soft-pegged to USD, by depositing supported collateral on the Cronos chain. This provides a way to access liquidity while keeping your crypto assets.
orby.network/