08:55
The Orderly proposal plans to use 60% of the net transaction fees for ORDER buyback and adjust the rewards mechanism.
PANews reported on August 26 that according to Orderly community proposal 2, the project plans to use up to 60% of the net transaction fees for the regular repurchase of ORDER tokens, which will be allocated into two parts: 50% will be rewarded to stakers in the form of esORDER (with a 3-month linear unlock), and 50% will be deposited into the community governance wallet, with its subsequent use to be determined through governance (such as burning, liquidity guidance, or incentives).
In addition, the existing USDC-based stake rewards system will be replaced, allowing stakers to withdraw existing USDC funds while retaining their rights. At the same time, the VALOR mechanism will be adjusted to be linked with esORDER rewards, ensuring that the rights of stakers are preserved during the transition.
ORDER-1.93%