Orderly Network Announces Airdrop and Staking Incentive Program
Publication Time:2024-08-09 20:16:08
Orderly Network recently announced that its airdrop campaign will commence in August. During this campaign, a total of 10 billion ORDER tokens will be utilized for ecosystem development, with 55% of the ORDER tokens allocated towards building and expanding the ecosystem, 20% distributed among the Orderly team and advisors, 15% for strategic investors, and the remaining 10% kept in the Orderly Foundation's treasury for facilitating exchange liquidity and other critical tasks. It is noteworthy that approximately 13.3% of the total supply of ORDER tokens will be used for the airdrop. To date, Orderly has generated over $8 million in net fees. Post the Initial Token Offering (ITO), 60% of this net fee revenue will be attributed to ORDER token stakers. This means that token holders can immediately engage in staking activities post-IPO, with rewards being distributed in USDC. The initiative aims to encourage more users to participate in the construction of the ORDER ecosystem and to stimulate user support and contributions through incentivization.
Orderly Network
Net Fee Rewards
Initial Token Offering (ITO)
ORDER Token
staking incentive