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How much is Orderly Network (ORDER) issued?
Orderly Network's (ORDER) diverse issuance schedule features a total supply of 1 billion tokens, with allocations for seed round, private sale, public sale, team and advisors, and ecosystem and reserve.
Dec 06, 2024 at 01:31 pm
How Much is Orderly Network (ORDER) Issued?
Total Supply:
- Orderly Network (ORDER) has a total supply of 1,000,000,000 tokens.
Issuance Schedule:
- The ORDER token will be issued according to the following schedule:
- Seed Round: 200,000,000 tokens (20%) will be issued to early investors and contributors.
- Private Sale: 300,000,000 tokens (30%) will be issued to strategic investors.
- Public Sale: 250,000,000 tokens (25%) will be offered to the public through a token sale.
- Team and Advisors: 150,000,000 tokens (15%) will be allocated to the team and advisors.
- Ecosystem and Reserve: 100,000,000 tokens (10%) will be reserved for ecosystem development and future initiatives.
Distribution:
- The ORDER tokens will be distributed as follows:
- Public Sale: 62.5% of the tokens issued during the public sale will be distributed to participants. The remaining 37.5% will be allocated to the Orderly Network team and early investors.
- Team and Advisors: The allocated tokens will be vested over a period of three years.
- Ecosystem and Reserve: The tokens reserved for ecosystem development and future initiatives will be managed by the Orderly Network foundation.
Token Use Cases:
- The ORDER token will be used for various purposes within the Orderly Network ecosystem, including:
- Network Governance: ORDER holders will have the ability to participate in the governance of the Orderly Network by voting on proposals and electing delegates.
- Staking: ORDER holders can stake their tokens to earn rewards and contribute to the security of the network.
- Transaction Fees: ORDER will be used to pay for transaction fees on the Orderly Network.
- Ecosystem Development: The Orderly Network foundation will use the tokens reserved for ecosystem development to fund projects and initiatives that support the growth and adoption of the network.
- Liquidity and Exchange: ORDER will be listed on cryptocurrency exchanges to facilitate trading and provide liquidity for the token.
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