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[Orderly Proposes to Allocate 60% of Fees for ORDER Buybacks and Optimize Reward Mechanism] The Orderly community has released Proposal 2, which plans to allocate up to 60% of net fee revenue for periodic buybacks of the ORDER token. This will be divided into two parts: 50% will be distributed to stakers in the form of esORDER (with a 3-month linear unlock), and the other 50% will be deposited into the community governance wallet. The subsequent use of these funds will be determined through governance decisions, including options such as token burns, liquidity incentives, or other rewards. Additionally, the existing USDC-based staking reward mechanism will be replaced, allowing stakers to claim their current USDC rewards while retaining their rights. Meanwhile, the VALOR mechanism will be adjusted to align with esORDER rewards, ensuring that stakers' interests are protected during the transition period.

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