In today’s blockchain world, investors are constantly looking for opportunities that can generate stable returns on their assets. Orderly Network offers a unique solution that allows users to earn VALOR and USDC by staking $ORDER and esORDER tokens and enjoy gains in trading rewards and market-making rewards. This article will provide you with a comprehensive introduction to staking in the Orderly App and an in-depth exploration of the uniqueness of VALOR.
Pledge interface
To start staking, you simply visit the Orderly App and connect your wallet to view your staking statistics. Users can easily stake and unstake $ORDER, redeem VALOR, and claim USDC. It’s worth mentioning that the Orderly App’s staking page is chain-agnostic, meaning you’ll see the same information no matter which blockchain network you’re connected to.
How to Stake $ORDER: Connect Wallet: Connect your wallet on the selected blockchain network and you will be able to see your $ORDER balance.
Execute staking: Click the "Stake" button and enter the amount of $ORDER you wish to stake.
Confirm the transaction: Once the on-chain staking transaction is successful, you will see your $ORDER balance decrease and the staked $ORDER balance increase.
Earn VALOR: Users immediately start earning VALOR per second.
How to unstake $ORDER
Unstaking operation: Click the "Unstake" button and enter the amount of $ORDER you wish to unstake.
Unstaking Period: Please note that unstaking $ORDER tokens requires a 7-day unstaking period. During this period, unstaking $ORDER will not earn VALOR.
Cancellation of unstaking: Users can cancel the unstaking request at any time within 7 days of the unstaking period, which will re-pledge the full amount of unstaking back to the user's account.
Claim unstaking $ORDER: After 7 days, users can claim unstaking $ORDER tokens on the connected network. For example, if a user staked $ORDER tokens on the Polygon blockchain, 7 days after unstaking, they can connect to the Optimism blockchain to claim the unstaked $ORDER tokens.
VALOR'S UNIQUENESS
VALOR is not a token, but an indicator measured based on the user's $ORDER stake position (including the amount and time of the stake). Therefore, VALOR is non-transferable. VALOR can only be obtained by staking $ORDER or esORDER.
VALOR exchange for USDC: Users can exchange VALOR for USDC, but the amount exchanged depends on the amount of USDC currently in the protocol vault and the available supply of VALOR. Under current distribution rules, each user’s VALOR will receive approximately 4.13 VALOR in proportion to their stake.
Why choose ORDER token? In the current cryptocurrency market, ORDER token has attracted many investors with its flexible staking mechanism and stable returns. Here are some reasons to choose to stake ORDER tokens:
Flexibility: Users can stake or unstake $ORDER at any time, and adjust investment strategies based on market conditions.
Continuous income: The mechanism of earning VALOR per second allows users to continue to earn income during the staking period.
Multi-chain support: Orderly Network supports multiple blockchain networks, providing users with a seamless cross-chain experience. No matter which chain you operate on, all data can be accessed through the same EVM address.
Security: Orderly Network adopts advanced security measures to ensure the security of users’ assets and the reliability of transactions.
in conclusion
In summary, Orderly Network provides a flexible and efficient staking platform that allows users to earn VALOR and USDC by staking $ORDER and esORDER tokens. Whether you are a newbie or an experienced investor, this platform can provide you with stable income and diversified options. Join Orderly Network now to start your staking journey and enjoy the infinite possibilities brought by the blockchain!