The Road to The Order commences — What you need to know!
Yesterday saw one of the largest Orderly Network announcements to date, with the grand reveal of their “Road to The Order” event running from next week into the summer!
This event concludes with the TGE of the Orderly Network token, a much anticipated announcement that the community has been calling “wen” for over the last few months!
In this article, I wanted to touch on the key points and give my thoughts on the announcement, along with discussing how you can STILL get involved and earn your share of the token!
You can check out the official announcement for yourself below!
Announcement Details
- “The Road to The Order” is a gamified campaign whereby traders can earn “Merits” and compete for a share of the Orderly Network token.
- A significant portion of the token airdrop this year will be distributed to the participants in “The Road to The Order” based on their standing within the campaign.
- The campaign will launch in the week commencing 1st April, and is expected to last at least 10 epochs (with each epoch being ~ 1 week).
- NEAR trading activity will not be a part of the eligibility for “The Road to The Order” campaign, however this activity will still be rewarded via the Orderly Network airdrop.
- Galxe & Zealy campaigns during the campaign will still be counted towards the Orderly Network airdrop
First Light Riders
Orderly Network has not forgotten the past, even though they are preparing for the future! Those who have been instrumental in the development, growth and testing of the protocol up until this point will be rewarded through the “First Light Riders” group. Those that will be recognised within this group are:
- EVM Traders (WOOFi Pro, LogX, EMDX)
- NEAR Traders (Ref Finance, BTSE DEX, Jump DeFi, HERE Wallet)
- Galxe campaign participants
- Zealy community members
You can find out more here regarding this group.
How to get involved
There will be a number of ways to get involved from next week in this new campaign, from trading on Orderly Network EVM powered platforms through to continuing to interact with Galxe campaigns and Zealy quests
If you have not yet got involved with either Galxe or Zealy, you can follow my guide below which walks you through all the steps to get you set up on both and earning points which will count towards the Orderly Network drop in the near future!
What is the potential of the Orderly Network token?
Although we have not yet got details of the tokenomics, the hints dropped by Ran Yi (CEO & Co-Founder) and the team have me very bullish on this drop.
The tone in the official announcement was very positive, clearly highlighting that they have “envisioned a public good controlled by stakeholders through decentralized governance”, and that stakeholders will be rewarded for their contributions to the success of the network!
In Ran’s interview with The Block (you can read it here), he also clearly states that the community will recieve a “significant proportion” of the token, where “the majority of our token supply will go to the community, with the airdrop being one key component”.
Ran also noted that there are no unlocks for investors for “a significant period of time” after the airdrop event, another bullish note for the airdrop and the initial valuation of the token.
On top of all of the above, there have also been hints by the team that there could be a revenue share component for the upcoming token, and with Orderly Network generating $10k+ days from fees this is another extremely bullish catalyst for the token if it does come to fruition!
Summary
Overall, I am incredibly excited and proud of the team who have worked tirelessly to get this far! This is going to be a huge few months for Orderly and I am incredibly excited to come along for the ride with them!
If anyone does have any questions, then please feel free to reach out to me on X/Twitter (CoolestG_123) where I will be most active and will be sharing all news related to Orderly Network!
Happy trading all!
