Orderly will conduct an airdrop in August and will allocate 60% of the net fee rewards to token stakers.
According to the official announcement, Orderly Network announced that the airdrop activity will be carried out in August and updated its token economics information. 55% of the 1 billion ORDER tokens will be used for ecosystem development (including airdrops), 20% for the Orderly team and advisors, 15% for strategic investors, and 10% will be kept in the Orderly Foundation treasury to promote exchange liquidity, among other things. 13.3% of the total supply will be used for airdrops.
Furthermore, Orderly stated that they have generated over $8 million in net expenses so far, and after the TGE, 60% of these new net expenses will continue to belong to Orderly stakers. Token holders will be able to stake immediately after the TGE, and the staking rewards will be paid in USDC at the time of redemption.
