bORUX & Splitter

bORUX

bORUX represents bonded ORUX, a non-transferable derivative of staked ORUX. bORUX corresponds to a 12-month staking position with time paused in bonded form. While non-transferable, it can still be distributed as rewards within certain whitelisted contracts.

The primary utility of bORUX lies in enabling the distribution of locked ORUX as rewards and in its role within the oPulse Splitter.

The Splitter

The Splitter is an upcoming upgrade to ORUX staking that will enable users to deposit their bORUX tokens and split them into two separate, liquid derivative tokens. These derivatives will be tradeable and will each represent distinct utilities and benefits of the ORUX token.

This mechanism will allow users to directly access the utilities of the ORUX token in a more liquid form. Existing stakers can also sell one derivative for the other, enabling them to focus more heavily on the specific utility they value most.

The main benefit of the Splitter for OruxAI is its ability to provide a more liquid and affordable path to bribes and voting power, while still operating through the core ORUX token.

Trading these derivatives will incur tax fees, which are used to burn ORUX tokens, contributing to long-term value sustainability.

Bonding bORUX

Users can bond their staked or locked positions to receive bORUX.

• Automatic Rewards: automatically generates bORUX.

• Bonded Positions: These represent 12-month locked ORUX positions, with the timer paused until unbonding occurs. This means bORUX will always unbond into a 12-month vesting period.

• Maximum Rewards: When bonded, any position is automatically extended to the maximum 12-month lock, ensuring the highest possible and reward accrual.

Example: A user has two positions:

• 100 ORUX locked for 3 months

• 50 ORUX locked for 12 months

The user bonds the 3-month 100 ORUX position, converting it into 100 bORUX and boosting its Essence to the equivalent of a 12-month lock. The user then bonds the 50 ORUX 12-month position, ending up with a total of 150 bORUX.

These bORUX tokens earn maximum rewards and can later be split through the Splitter to unlock additional utilities.

Unbonding

This action is immediate and does not incur any fees. Since time-locked positions normally carry an early unlock fee, bORUX allows users to exit directly without manually unbonding first. The penalty for early unlocks is the same as a 12-month position—70%.

Alternatively, bORUX can be unbonded, in which case the early unlock penalty gradually decreases each day as the vesting countdown progresses.

Partial Unbonding

bORUX supports partial unbonding.

Example:

• A user holds 100 bORUX and chooses to unbond 20 bORUX.

  • This creates a new position of 20 ORUX with a 12-month vesting countdown.

• A day later, the same user unbonds another 10 bORUX.

  • This generates a separate position of 10 ORUX, also with its own 12-month countdown.

Each unbonded portion is treated as a new, independent vesting position.