Orderly will distribute a 60% net fee bonus to ORDER pledgers after TGE
On August 9, Orderly Network announced that the airdrop will take place in August. 55% of the 1 billion ORDER will be used for ecosystem development (including airdrops), 20% will be used for Orderly teams and consultants, 15% will be used for strategic investors, and 10% will be retained in the Orderly Foundation vault to promote exchange liquidity. Of the total supply, 13.3% will be used for airdrops.
Orderly said that more than $8 million in net fees have been incurred to date, and that 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 redemption.