Orderly Network: Airdrop will take place in August, and 60% of the net fee rewards will be allocated to token stakers

ChainCatcher news, according to the official announcement, Orderly Network has announced that the airdrop event will take place in August and has updated its tokenomics 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 reserved in the Orderly Foundation treasury to promote exchange liquidity, etc. Of the total supply, 13.3% is allocated for airdrops.

In addition, Orderly stated that to date, over $8 million in net fees have been generated. 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.