Orderly Network is thrilled to share more details of our upcoming airdrop, which as previously announced, will occur in August. More details on our token – including the exact launch date, emissions, process for claiming and more – will be shared soon.
One billion $ORDER will be created at genesis. Fifty five percent will be reserved for ecosystem development (including the airdrop), 20% for the Orderly team & advisors, 15% to strategic investors, and 10% retained in the Orderly Foundation treasury to foster exchange liquidity and related endeavors. Out of total supply, 13.3 percent is allocated for the airdrop.
Not only are we committed to growing the network for the long haul, truth be told – (alpha alert!) trading perpetuals is only the first step in a far larger plan for what Orderly can do.
Note: The entirety of the airdrop will be unlocked immediately at TGE.
Any unclaimed token allocation after 60 days will be returned to the Orderly treasury.
Once the Orderly Network token is launched, tokenholders will be able to stake the Orderly token, and in return, will cumulatively receive 60% of our net trading fees in return. To date, Orderly has generated more than $8 million in net fees (even after accounting for our frontend builders’ share) – after TGE, 60 percent of those new net fees will continually accrue to Orderly stakers. Staking rewards will be paid out in USDC when redeemed.
Note: Orderly team and investor tokens do not earn staking rewards during vesting.
Staking the Orderly token will also provide extra rewards for any traders utilizing an Orderly Network-integrated DEX, as well as being a key factor in the calculation of both trading and market making rewards moving forward. There is also the possibility to increase the percentage of net trading fees cumulatively accrued to stakers in the future. Additional information on new trading & market-making rewards will be published soon after the token launch.
Staking will go live soon after TGE; more details on the exact date and time will be shared in the near future.
Similar to many other decentralized projects, Orderly Network plans to split into a developer entity, and a foundation overseeing the protocol. We’re committed to fostering the Orderly ecosystem in an impartial manner that grows the pie for all.
$ORDER will play a key role in these plans, the details of which we will outline in the near future, but in general, $ORDER’s utility will be deeply integrated into the platform to create a flywheel effect, driving platform adoption and aligning the interests of stakeholders through:
We want to again thank our community for embracing this project – from our earliest traders, to newer joiners who have made the Road to The Order campaign such a success, as well as our ever-expanding list of builders, market makers and more. Only two short years since its launch, Orderly Network is now one of the largest crypto-asset perpetual futures trading networks in the world, and there is so much more to come.
Reminder: There is still time to increase your portion of the upcoming Orderly airdrop! Our EVM-based “Road to The Order'' campaign is still continuing in the runup to the token launch, and by trading on any Orderly-integrated broker, your upcoming token allocation will increase. Please see here for more details.
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