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$ORDER Token Economics and Distribution

2024-08-26 16:59:32

      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!

Disclaimer:

1. The information does not constitute investment advice, and investors should make independent decisions and bear the risks themselves

2. The copyright of this article belongs to the original author, and it only represents the author's own views, not the views or positions of HiBT