How much is the Orderly Network (ORDER) currency issued?

Orderly Network's initial supply of 100,000,000 ORDER coins will grow by 5% annually for 20 years, reaching a capped maximum supply of 1,000,000,000 coins.

Jan 04, 2025 at 07:45 am

Key Points:

• The initial supply of ORDER at its genesis block was 100,000,000 coins.
• The annual inflation rate for ORDER is currently set at 5%.
• The maximum supply of ORDER is capped at 1,000,000,000 coins.
• The inflationary period for ORDER is estimated to last for approximately 20 years.
• After the inflationary period, issuance of new ORDER coins will cease, and the total supply will stabilize at 1,000,000,000 coins.

Content:

1. Initial Supply

The genesis block of Orderly Network was launched on January 2, 2023, with an initial supply of 100,000,000 ORDER coins. This initial supply was distributed as follows:

• 60 million coins (60%) to the community through mining rewards.
• 20 million coins (20%) to the Orderly Network Foundation.
• 10 million coins (10%) to team members.
• 10 million coins (10%) to investors.

2. Inflation Rate

The annual inflation rate for ORDER is currently set at 5%. This means that the total supply of ORDER will increase by 5% each year until the inflationary period ends. The inflation rate is designed to reward early adopters and incentivize mining and staking.

3. Maximum Supply

The maximum supply of ORDER is capped at 1,000,000,000 coins. This means that the total number of ORDER coins in circulation will never exceed this limit. The maximum supply is designed to prevent excessive inflation and ensure the long-term value of ORDER.

4. Inflationary Period

The inflationary period for ORDER is estimated to last for approximately 20 years. During this period, new ORDER coins will be issued each year to incentivize mining and staking. After the inflationary period ends, issuance of new ORDER coins will cease, and the total supply will stabilize at 1,000,000,000 coins.

5. Post-Inflationary Period

Once the inflationary period ends, the total supply of ORDER will remain fixed at 1,000,000,000 coins. There will be no further issuance of new ORDER coins. The post-inflationary period is designed to ensure the stability and value of ORDER in the long term.

FAQs:

Q: What is the current circulating supply of ORDER?

A: As of March 1, 2023, the current circulating supply of ORDER is approximately 15 million coins.

Q: How many ORDER coins are mined each day?

A: Currently, approximately 2,500 ORDER coins are mined each day. This number is subject to change based on the mining difficulty and the number of active miners.

Q: What is the long-term value of ORDER?

A: The long-term value of ORDER will depend on a number of factors, including the growth of the Orderly Network ecosystem, the adoption of ORDER as a transaction currency, and the overall market conditions.