Orderly Network: will airdrop in August and will allocate 60% of net fee rewards to token stakers.

According to the official announcement, ChainCatcher reports that Orderly Network has announced an airdrop event to be held in August, and has updated its token economics information. Of the 1 billion ORDER tokens, 55% will be used for ecosystem development (including airdrops), 20% for the Orderly team and advisors, 15% for strategic investors, and 10% will be retained in the Orderly Foundation treasury to promote exchange liquidity, among other things. Within the total supply, 13.3% will be used for airdrops. Additionally, Orderly states that they have generated over $8 million in net fees to date, and after the TGE, 60% of these new net fees will continue to belong to Orderly stakers, and token holders will be able to stake immediately after the TGE, with staking rewards paid in USDC at the time of redemption.

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