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What is Velo's Orbit?

Velo's Orbit: Overview and Key Features

Orbit is a cornerstone platform within the Velo ecosystem, designed as a “consumer super app” that bridges payments and loyalty rewards between Web2 and Web3 environments. Launched by Velo in late 2024, Orbit aims to streamline digital financial interactions, everyday payments, and cross-border transactions by blending traditional finance mechanisms with decentralized technology.

Key Features of Orbit

  • Web2 & Web3 Integration: Orbit enables users to transact seamlessly across traditional and blockchain financial systems, supporting both fiat and digital assets.
  • Payments & Merchant Network: Users can make payments within Velo’s extensive multi-market merchant network, simplifying purchases with crypto or fiat.
  • Omni Point Loyalty Program: Orbit employs the Omni Point loyalty system, where users earn “Omni Points” or OM tokens for their activities. These points can be exchanged and redeemed for rewards within the app or with participating merchants1.
  • Super App Experience: Orbit consolidates payment, loyalty, and cross-chain asset management into one interface, reducing complexity and eliminating the need for users to engage directly with blockchain infrastructure.
  • Multichain Support: The platform leverages underlying networks like Stellar and Nova, with planned multichain expansions to ensure fast, low-cost transactions and greater accessibility.
  • User-Friendly Redemption: Points and tokens are easily managed through the Superposition Loyalty Point app, allowing multichain wallet functionality and straightforward redemption of rewards1.

Ecosystem Role

Orbit complements Velo’s broader objectives:
  • Simplifying cross-border payments, especially for unbanked populations.
  • Tokenizing real-world assets (RWAs) such as gold or U.S. Treasuries.
  • Incentivizing ecosystem activity through a robust and accessible loyalty program.

Strategic Focus

Velo’s recent strategic pivot centers on the tokenization of RWAs and improving daily payment experiences, with Orbit positioned as the user-facing gateway for these innovations. Through Orbit, Velo is enhancing the efficiency of global transactions, driving Web3 adoption, and expanding utility for both end-users and merchants12.
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