Orderly Network will use 60% of protocol fees biweekly for $ORDER buybacks, splitting tokens between stakers and a governance-controlled community wallet.
Orderly Network announced the commencement of its $ORDER token buyback program, allocating 60% of protocol fees every two weeks to purchase tokens from the market. Fifty percent of the bought-back tokens will be distributed to stakers, and the remaining half will be placed into a community wallet for governance purposes. The initiative aims to strengthen community involvement and enhance the long-term sustainability of the ecosystem.