FAQ

Common questions about Orbit Finance, staking, and rewards.

Staking & Rewards

How often are rewards distributed?

Once per week. After each 7-day period ends, we calculate everyone’s share based on staked amounts and NFT holdings, then create a Streamflow airdrop. You can claim your USDC at any point after that.

How long do I have to claim?

30 days from when the airdrop is created. After that, unclaimed rewards expire. Make sure you check back at least once a month.

When exactly does the week end and when can I claim?

The calculation runs shortly after the week closes (usually within 24-48 hours). You’ll see the new airdrop appear in your Orbit Console once it’s live.

How is my share calculated?

For $CIPHER stakers: your time-weighted stake divided by total time-weighted stake in the pool for that week. If you staked for only half the week, you get half the weight compared to someone who was in the full week.

For CIPHER OWLS holders: each NFT earns a share based on its rarity (Common = 1x, Uncommon = 2x, Rare = 4x). Holding 3 Commons earns the same as holding 1 Rare + 1 Common (3x total vs 4+1 = 5x).

Can I stake and unstake multiple times in a week?

Yes, but only your most recent active stake counts. Churning (unstaking and restaking repeatedly) doesn’t help, it resets your time-weighted position.

Why are rewards paid in USDC and not $CIPHER?

For regulatory reasons, paying rewards in the same token you stake is considered a securities-related activity in some jurisdictions. USDC rewards come from actual trading fees, real yield from real trading activity, not token inflation.

Unstaking

Is there a lock period?

No. You can unstake any time with no penalty and no waiting period. The Streamflow staking contract has zero lock requirements on the CIPHER staking pool.

What happens to my unclaimed rewards when I unstake?

Nothing, they’re separate. Already-created airdrops remain claimable for 30 days regardless of whether you unstake. You won’t lose previously earned rewards by unstaking.

Does unstaking affect the current week’s rewards?

Yes, time-weighting means you earn proportionally to how long you were staked during the week. If you unstake mid-week, your weight drops to zero for the remaining days.

Wallets & Technical

Which wallet should I use?

Phantom, Solflare, or Backpack. All three work well with Orbit Finance and Streamflow.

Phantom is showing a warning on markets.cipherlabsx.com. What do I do?

We’re aware of this and have submitted a delisting request to Blowfish (the security provider Phantom uses). This is a false positive, we are not a scam or phishing site. In the meantime, you can proceed by clicking through the warning, or use Solflare/Backpack which don’t show it.

I can’t see my rewards in the Orbit Console. What’s wrong?

The console shows rewards from the current live airdrop. If no airdrop is active for the week, nothing appears. Check back after the weekly calculation runs (within 48h of week close). If you believe you should have a reward but don’t see it, join our Telegram and let us know.

Orbit Finance (DLMM)

What’s the difference between Orbit Finance and Meteora?

Orbit Finance is a custom DLMM (Dynamic Liquidity Market Maker) protocol, not built on top of Meteora. We have our own on-chain program. Meteora is a separate protocol, we hold a DAMM v2 position there as one of several liquidity deployments.

What fees do LPs earn?

LPs on the main CIPHER/USDC pool earn 50% of the 2% fee (= 1% of volume) that auto-compounds directly into their position. You don’t need to manually claim LP fees, they compound automatically.

How is the active bin price set?

By supply and demand. Every swap shifts the active bin up or down depending on which direction the trade goes. The bin step (125 bps on CIPHER/USDC) defines how far apart each price level is.