Get Ready for the Orderly Network Token Launch: 100 Million $ORDER Tokens Up for Grabs
2024-08-26Key Takeaways
- The Orderly Network Token Generation Event (TGE) will take place on August 26, 2024, with airdrop claims and staking going live simultaneously.
- A total of 100 million $ORDER tokens will be distributed during the airdrop, targeting eligible participants across various platforms.
- The $ORDER token will be listed on major centralized exchanges like Bitrue, Bitget, BitMart, and Bybit, starting at 10:00 AM UTC on the event day.
The much-anticipated Orderly Network Token Generation Event (TGE) is set to take place on August 26, 2024. The official announcement, made on X (formerly Twitter), revealed that airdrop claims and staking will go live on the same day, sparking excitement across the cryptocurrency market.
Orderly Network Airdrop: A 100 Million Token Giveaway
Orderly Network is preparing to distribute 100 million $ORDER tokens during the TGE, which will kick off at 8:00 AM UTC. The airdrop, set to take place on the Ethereum mainnet (ERC20), marks a significant expansion for the network.
The airdrop targets various eligible participants, including Orderly Merits contributors, traders on EVM and NEAR, and social campaign participants. Eligible users are advised to verify their status and get ready for the claims process.
This event reflects strategic planning by the Orderly Network team, as highlighted in their recent Twitter announcement. The $ORDER token plays a crucial role in the network’s ecosystem, designed to foster decentralization, support growth, and incentivize user engagement.
$ORDER Token Distribution
The total supply of $ORDER is capped at 1 billion tokens, with the distribution structured as follows:
- 55% allocated to the community
- 15% for strategic investors
- 20% for teams and advisors
- 10% for the foundation (including liquidity provisions and ecosystem development)
Notably, 13.3% of the community allocation is reserved for early supporters participating in the airdrop.
Orderly Network Listings on Centralized Exchanges
Following the airdrop, the $ORDER token will be listed on several prominent centralized exchanges, including Bitrue, Bitget, BitMart, and Bybit. The listings will begin at 10:00 AM UTC on August 26, enhancing the token's accessibility and liquidity, and allowing more participants to engage with the ecosystem.
What’s Next on August 27?
The excitement continues as August 27 marks the launch of Orderly Network VALOR emissions, along with trading and market-making rewards, starting at midnight UTC. VALOR, generated through staking $ORDER tokens, will play a key role in the network’s DeFi offerings, signaling further integration into the decentralized finance space.
Conclusion
As Orderly Network prepares for this pivotal event, the anticipation within the DeFi community is palpable. The launch of the $ORDER token and the associated airdrop signify a major step in expanding the network’s reach, engaging a broader audience in its decentralized finance ecosystem.
$Order Launchpool on Bitrue Now and earning 33,333 ORDER token. How to participate this event?
- Register as a Bitrue member and complete KYC certification
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FAQs
- What is the Orderly Network Token Generation Event (TGE)? The TGE is an event where Orderly Network will distribute 100 million $ORDER tokens and launch staking opportunities on August 26, 2024.
- How can I participate in the Orderly Network airdrop? Eligible participants, including Orderly Merits contributors and social campaign participants, should verify their status to prepare for the airdrop claims process.
- Where will the $ORDER token be listed after the airdrop? The $ORDER token will be listed on prominent centralized exchanges such as Bitrue, Bitget, BitMart, and Bybit, starting at 10:00 AM UTC on August 26, 2024.
Disclaimer: The content of this article does not constitute financial or investment advice.