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.
