What is the total circulation of Orderly Network (ORDER) coins?

The fixed maximum supply of 340 million ORDER coins, combined with strategies like token burns and staking programs, helps maintain the value and scarcity of the token.

Jan 02, 2025 at 03:58 pm

Key Points:

• Orderly Network (ORDER) coin distribution and emission schedule
• Current and maximum supply of ORDER coins
• Factors influencing ORDER coin circulation
• Strategies for managing ORDER coin inflation

1. Orderly Network (ORDER) Coin Distribution

• Initial Coin Offering (ICO) in 2018 raised $14 million, distributing 50% of the total ORDER coins.
• 20% of coins allocated to the Orderly team and advisors, with a 2-year vesting period.
• 30% reserved for future development, community grants, and strategic partnerships.

2. Current Supply of ORDER Coins

• As of June 2023, the circulating supply of ORDER coins is approximately 100 million.
• This represents around 30% of the total supply.
• The remaining 70% are held in reserve for future token allocations.

3. Maximum Supply of ORDER Coins

• The maximum supply of ORDER coins is fixed at 340 million.
• This means that no new ORDER coins can be created beyond this limit.
• The capped supply helps maintain the scarcity and value of the token.

4. Factors Influencing ORDER Coin Circulation

• Token Burns: Orderly Network burns a portion of ORDER coins regularly, reducing the circulating supply and increasing demand.
• Token Releases: As the project progresses, locked coins from the team and development reserve may be released, increasing the circulating supply.
• Market Demand: The market demand for ORDER coins can fluctuate based on project milestones, market conditions, and community sentiment.

5. Strategies for Managing ORDER Coin Inflation

• Token Burn Mechanism: The regular burning of ORDER coins helps offset new token issuance and manage inflation.
• Staking Programs: Encouraging token holders to stake their coins can reduce the circulating supply and reward active participants.
• Buyback Schemes: The Orderly team may occasionally use excess funds to buy back ORDER coins from the market, reducing supply.

FAQs:

• What is the total supply of ORDER coins?

  • The total supply of ORDER coins is 340 million.

• What percentage of ORDER coins are currently in circulation?

  • Approximately 30% of ORDER coins are currently in circulation.

• How will the maximum supply of ORDER coins be reached?

  • New ORDER coins will be released gradually until the maximum supply of 340 million is reached.

• What factors can affect the circulation of ORDER coins?

  • Token burns, token releases, market demand, and inflation management strategies can influence the circulation.

• What strategies are in place to manage inflation of ORDER coins?

  • Token burn mechanism, staking programs, and buyback schemes are used to control inflation.