# $OAV Token Airdrop

## **Orbital Apes Validator Rewards** <a href="#d2bd" id="d2bd"></a>

We previously mentioned our Orbital Apes Validator is gonna include several perks for the community, which include:

* **Lowest management commission** possible
* 50% of Management Fees **sent to** Orbital Apes Holders
* Weekly Orbital Ape NFT giveaway for the first month
* A limited edition Orbital Apes ERC-1155 Airdropped to users who stake with us for the first month (**Snapshot around end of month**)
* Monthly Giveaways of surprise prizes like NFT’s and Tokens
* Delegator Role on Orbital Apes Discord (End of Month in May)
* Ecosystem Airdrops

## **Introducing $OAV (Orbital Apes Validator): OA Staking Reward Token** <a href="#f2c0" id="f2c0"></a>

![](https://miro.medium.com/max/1400/1*hKKmEED68W5XTC_V7VHp9A.png)

Orbital Apes are proud to introduce our new **staking rewards token $OAV** (Orbital Apes Validator). This token will be used to incentivize our delegators and provide them with **additional rewards** for their delegations.

The Orbital Apes ecosystem is vast, and there are various places where **$OAV** will fit in to create value to the user. **$OAV** tokens will be used in two ways; **exchanging** for monthly rewards and as **entry tickets** to our giveaways.

## **How to Get $OAV** <a href="#e319" id="e319"></a>

**$OAV** will be acquired as a **staking reward** from our validator. The amount of **$OAV** received by the user is calculated through a factor of **time delegated and amount delegated**. The more a user delegates to the OA Validator, the more of the token they will get.

**$OAV** = ($EVMOS Staked) \* (Days Staked per Month/Days in Month)

The first distribution of **$OAV** will start on **31 May 2022**

\****$OAV** distribution may be whale capped depending on monthly statistics*

## **How to Use $OAV** <a href="#id-4227" id="id-4227"></a>

**$OAV** is going to be used to distribute some of these rewards and incentivize users to engage with our validator. **$OAV** will be used in the following ways:

### Purchasing Raffle tickets: <a href="#id-9fbe" id="id-9fbe"></a>

Every month, we will submit **various different prizes for giveaways**, and the community will help to choose or design them. All prizes will be given to the community in the form of raffles. To enter the raffle, users must use **$OAV to purchase raffle tickets**. The **more raffle tickets** the user purchases, the **better the chances** to win the prize.

### Prizes might include: <a href="#id-4881" id="id-4881"></a>

* Orbital Ape NFTS
* Ecosystem tokens
* Other Evmos NFTS
* & more

### Exclusive Orbital Apes ERC-1155 NFT Mints: <a href="#fae2" id="fae2"></a>

Mint different exclusive custom made Orbital Ape branded NFTS (similar to honorary apes).

Users can use their **$OAV** tokens to **mint these new NFTS**. These exclusive NFTs will not form part of the main collection, but instead will be **inspired in various community events** held every month in the OA community. These will also be used to **mark special events** in the chain, so you may see other protocols participating in these giveaways.

For both the **raffle tickets and new NFT mints**, users can **choose their own reward**! If users don’t like any of the prizes/mints for the month, they can **save their $OAV** for the next month until they find a **prize that they are attracted to!**

*\*$OAV tokens will be burnt after they are exchanged for a prize\**


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