ChainCatcher news, 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 ORDERs will be used for ecosystem development (including airdrops), 20% for the Orderly team and consultants, 15% for strategic investors, and 10% will be retained in the Orderly Foundation treasury to promote exchange liquidity, etc. Of the total supply, 13.3% is used for airdrops.
In addition, Orderly stated that it has generated more than $8 million in net fees to date, and after the TGE, 60% of these new net fees will continue to belong to Orderly stakers. Token holders will be able to stake immediately after the TGE, and staking rewards will be paid in USDC at the time of redemption.
