According to Wu, the Orderly community has released a new proposal to use up to 60% of the protocol's net income for the buyback of ORDER tokens. Of the ORDER tokens repurchased, 50% will be distributed to stakers in the form of esORDER (released linearly over 3 months), and the other 50% will be deposited into the community governance wallet. The specific uses (burning, incentives, liquidity, etc.) will be decided by subsequent voting. This proposal will also terminate the USDC staking reward mechanism and introduce a new VALOR mechanism linked to esORDER rewards, ensuring that the rights of existing holders remain unchanged. Orderly Network is a Web3 liquidity platform based on the Near protocol. Previously, Orderly Network completed a strategic financing round of $5 million, with participation from investors including OKX Ventures.
