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The Orderly Lottery & Referral Program is an exciting part of the ongoing Orderly Social Carnival campaign on Orderly Network's NEAR infrastructure. Here are the key details: 1. **Campaign Duration:** Begins on December 8th, 2023, and ends on February 10th, 2024. 2. **Lottery Leap:** - Every trade made on Orderly's partner platforms earns a ticket for the Orderly Lottery Pool. - A total prize pool of 20,000 USDC is up for grabs. - More trades mean more tickets and higher chances to win. 3. **Referral Rush:** - Completing verification tasks on Orderly's Galxe page earns a unique referral code. - Successful referrals enhance connections within the Orderly community. 4. **Key Program Details:** - Trading on supported front-ends on the NEAR mainnet earns lottery tickets. - Referral codes post-verification on Galxe multiply chances in the lottery. - Weekly lottery draws with chances accumulating for subsequent weeks. 5. **Referral Rewards:** - Weekly ranking rewards for top referrers and random participants. - Final referral ranking rewards for top referrers and additional random participants. 6. **Participation:** - Trading on front-end partners powered by Orderly NEAR grants entry. - The program aims to revive the trading carnival and welcome new members into the community. 7. **Conclusion:** - An opportunity to revitalize trading experiences and expand the Orderly community. - Join the celebration of trading, earning, and community through this exciting journey. To participate, trade on supported platforms, earn tickets, and engage in the referral program to maximize your chances of winning from the 20,000 USDC prize pool while contributing to the vibrant Orderly community. https://twitter.com/OrderlyNetwork/status/1733054344101343287 #orderlynetwork

The Orderly Lottery & Referral Program is an exciting part of the ongoing Orderly Social Carnival campaign on Orderly Network's NEAR infrastructure. Here are the key details:

1. **Campaign Duration:** Begins on December 8th, 2023, and ends on February 10th, 2024.

2. **Lottery Leap:**

- Every trade made on Orderly's partner platforms earns a ticket for the Orderly Lottery Pool.

- A total prize pool of 20,000 USDC is up for grabs.

- More trades mean more tickets and higher chances to win.

3. **Referral Rush:**

- Completing verification tasks on Orderly's Galxe page earns a unique referral code.

- Successful referrals enhance connections within the Orderly community.

4. **Key Program Details:**

- Trading on supported front-ends on the NEAR mainnet earns lottery tickets.

- Referral codes post-verification on Galxe multiply chances in the lottery.

- Weekly lottery draws with chances accumulating for subsequent weeks.

5. **Referral Rewards:**

- Weekly ranking rewards for top referrers and random participants.

- Final referral ranking rewards for top referrers and additional random participants.

6. **Participation:**

- Trading on front-end partners powered by Orderly NEAR grants entry.

- The program aims to revive the trading carnival and welcome new members into the community.

7. **Conclusion:**

- An opportunity to revitalize trading experiences and expand the Orderly community.

- Join the celebration of trading, earning, and community through this exciting journey.

To participate, trade on supported platforms, earn tickets, and engage in the referral program to maximize your chances of winning from the 20,000 USDC prize pool while contributing to the vibrant Orderly community.

https://twitter.com/OrderlyNetwork/status/1733054344101343287

#orderlynetwork

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📊 Grayscale Bitcoin Trust (GBTC) Sees First Net Inflow Since Launch! 💼 For the first time since its January launch, the Grayscale Bitcoin Trust (GBTC), the largest Bitcoin ETF by assets, experienced a net inflow of $63 million on May 2nd, according to Farside Investors. GBTC has long been a popular option for Bitcoin investment without direct cryptocurrency purchase. However, it faced increased competition in January with the emergence of nine competing spot Bitcoin ETFs, leading to heightened investor outflows due to its relatively higher fees. Despite its recent struggles, GBTC still holds a significant $18.1 billion in assets, though decreased from over $26 billion previously. In contrast, IBIT, now ranked second, started from zero in January and currently holds $16.9 billion. SoSoValue reported that the Bitcoin spot ETF experienced a total net inflow of $378 million on May 3, marking the first net inflow after seven consecutive days of outflows. Additionally, GBTC witnessed a rare single-day inflow of $63.0112 million. In Hong Kong, the total net assets of three Bitcoin spot ETFs amount to approximately $250 million, with holdings of approximately 4,225 BTC. Ethereum spot ETFs in Hong Kong have approximately $48.52 million in total net assets, with holdings of around 16,000 ETH. However, despite these recent inflows, every ETF recorded outflows totaling $563.7 million by May 2nd, marking the largest losses since trading began in January. This decline has persisted for nearly two months, with funds experiencing approximately $6 billion in losses over the past four weeks, representing a 20% drop in assets under management. 📉 #GrayscaleBitcoinTrust #BitcoinETF #CryptoInvestment
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