On August 9, according to an official announcement, Orderly Network announced that the airdrop event will take place in August and updated its token economics information. 55% of the 1 billion ORDER will be used for ecosystem development (including airdrops), 20% for Orderly teams and advisors, 15% for strategic investors, and 10% will be retained in the Orderly Foundation vault to promote exchange liquidity, etc. Of the total supply, 13.3% will be used for airdrops. In addition, Orderly said that more than $8 million of net fees have been incurred so far. After the TGE, 60% of these new net fees will continue to be owned by Orderly pledgers. Token holders will be able to pledge immediately after the TGE, and the pledge reward will be paid in USDC at the time of exchange.