With the rapid development of blockchain technology, the issuance and management of tokens have become an important part of today's financial market. Today, we’ll take a deep dive into the $ORDER token, an ERC-20 token based on Ethereum that also uses LayerZero’s Omnichain Fungible Token (OFT) standard on other chains. This article will give you a detailed introduction to $ORDER’s supply, distribution, issuance plan, and its future potential.
Token basic information
Token code: $ORDER
Maximum supply: 1,000,000,000
Token format: ERC-20 (Ethereum) and Omnichain Fungible Token (OFT) on other chains
$ORDER Token Distribution: The supply of $ORDER tokens is divided into four main categories, and the specific distribution is as follows:
Community: long-term incentives for key ecosystem participants, including: feedback airdrops (13.3%), transaction rewards (15%), market making rewards (10%), builder rewards (8.35%), future product releases (8.35%) | 55% |
Strategic Investors: Early Backers and Strategic Investors | 15% |
Team and Advisors: Founding Team, Contributors, Future Recruits and Advisors | 20% |
Foundation : Ecosystem grants, marketing, partnerships, $ORDER liquidity on CEX and DEX | 10% |
community incentives
The community is the core of the $ORDER ecosystem, with a total of 55% of tokens allocated to incentivize ecosystem participants. This includes:
Reward Airdrop: Early backers will receive 13.3% (133,000,000 $ORDER) in rewards.
Trading rewards: 15% (150,000,000 $ORDER) of trading rewards will be gradually unlocked over 200 cycles, distributed over approximately 7 years.
Market Making Rewards: 10% (100,000,000 $ORDER) will be unlocked linearly at a fixed 500,000 $ORDER per period.
Builder Reward: 8.35% (83,500,000 $ORDER) will be distributed to developers based on various criteria such as transaction volume and number of active users.
Future Product Releases: 8.35% (83,500,000 $ORDER) will be unlocked upon official confirmation of use.
Token issuance plan
The issuance plan of $ORDER tokens is based on different cycles (Epoch). Each cycle is defined as 14 days, and trading rewards and market-making rewards will be gradually unlocked over 200 cycles, a process that takes approximately 7 years. The specific unlocking plan is as follows:
Giveback Airdrop: 133,000,000 $ORDER unlocked at the Token Generation Event (TGE).
Trading rewards: Gradually unlocked over 200 cycles, with initial amounts decreasing over time.
Market making reward: A fixed unlock of 500,000 $ORDER per cycle for 200 cycles.
Builder rewards: distributed based on project performance to encourage developers to create high-quality products.
Strategic investors and team allocation
In the issuance of $ORDER, the token allocation of strategic investors and teams is also crucial:
Strategic Investors: 15% (150,000,000 $ORDER) locked in the first six months after TGE, followed by a linear unlocking of 3.5 years with no cliff period.
Team and Advisors: 20% (200,000,000 $ORDER) will be unlocked linearly over 3 years after a 1-year 25% cliff period.
The role of foundations
10% ($100,000,000 $ORDER) will be allocated exclusively to the Foundation for ecosystem grants, marketing, partnerships, etc. These resources will contribute to the long-term development of the $ORDER ecosystem and ensure its competitiveness in the blockchain market.
in conclusion
The launch of the $ORDER token is not only an important exploration of blockchain technology, but also a profound commitment to the future ecosystem. Through reasonable token distribution and incentive mechanisms, $ORDER will provide long-term value returns to participants in the ecosystem and encourage more developers and users to participate.
As the market develops, $ORDER will become an indispensable element, promoting the innovation and prosperity of the blockchain ecosystem. Let’s look forward to $ORDER’s brilliant future together!