Orcfax Node Shutdown
It is with regret that we inform you of the shutdown of our Orcfax node and the complete end of participation in their incentivized testnet.
Orcfax has officially moved into "Operational Mode" due to severe funding constraints. After years of R&D and contributions to the Cardano ecosystem, the project has halted all new development, maintenance, and incentive programs. This follows the loss of key funding, including the non-renewal of BuilderDAO support and a major integration opportunity awarded to the Pyth oracle framework via the Pentad treasury initiative.
Incentives & FACT Tokens
During the incentivized testnet, our node generated a total of 104,282 FACT tokens. However, since Orcfax transitioned to operational mode, the FACT token has collapsed in value. The entire batch is now worth less than 100 ADA. When split among all delegators, individual shares would be worth far less than the transaction fees required to claim them.
For this reason, we have decided not to distribute the tokens, as doing so would be counterproductive for everyone.
Our Orcfax node is now fully offline, and there will be no further incentives or rewards associated with this program.
This situation is not unique — Charli3, another well-funded Cardano oracle project, has faced similar challenges despite strong Catalyst support.
Moving Forward
We remain fully committed to running a reliable, high-performance Cardano stake pool. Our focus stays on delivering consistent staking rewards, strong uptime, and excellent delegator returns.
We appreciate your understanding during this difficult period for Cardano infrastructure projects. Thank you for your continued support and delegation to Early Bird Pool.
