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Orderly Network Weekly Report: TGE is about to start, and the claim and pledge functions are open at the same time

Orderly Network Weekly Report: TGE is about to start, and the claim and pledge functions are open at the same time

BlockBeatsBlockBeats2024/08/26 04:36
By:BlockBeats

Orderly Network will officially launch TGE on August 26 and open the claim and pledge functions.

TGE Important Nodes


TGE will be officially launched at 4 pm Beijing time on August 26, and will be airdropped on the Ethereum mainnet with the ERC20 standard. At that time, the claim and pledge functions will also be opened simultaneously. For more information on the total points distribution, please visit the Orderly Network's airdrop page. In addition, the issuance, trading and market making rewards of VALOR will start at 8 am on August 27. Users can obtain VALOR by staking ORDER tokens, which can be exchanged for USDC and enhance the value of the token through its destruction mechanism.



Statistics


According to statistics, Orderly-Chain has processed more than $79.6 billion in trading volume, the number of independent wallets has reached 292,161, and the total number of DEX accounts supported by Orderly has reached 421,509. Developers on Orderly have earned more than $10.88 million, and the platform itself has earned more than $7.4 million. In the future, 60% of these earnings will be distributed to the stakers of ORDER tokens.



Builders daily average income data


In the past 90 days, WOOFi's average daily income was $30,784, LogX's average daily income was $15,742, Vooi's average daily income was $8,030, IBX's average daily income was $1,837, and Bitoro's average daily income was $1,478.


About Orderly Network


Orderly Network was founded in April 2022 and incubated by NEAR and WOO Network. The platform adopts an order book-based trading mechanism, combined with cross-chain liquidity and fast execution capabilities, and is committed to minimizing transaction delays. Orderly Network combines the transaction speed and liquidity advantages of centralized exchanges while maintaining the transparency, decentralization and instant settlement capabilities of decentralized finance.


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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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