Orderly's Governance Proposal Passes: Major Changes Coming
Orderly's Governance Proposal Passes: Major Changes Coming
🗳️ Orderly's big pivot...
Orderly's second governance proposal has passed, bringing significant changes to the protocol's fee structure and staking rewards.
Key Changes (2-month buildout):
- 60% of net fees will fund ORDER buybacks on the open market
- 50% of buybacks go to stakers as esORDER rewards (replacing USDC)
- Remaining 50% flows to a community-governed wallet
Technical Upgrades:
- New VALOR system launches, tied to esORDER treasury
- Current VALOR shares transfer 1:1 to new system
- Stakers can claim existing USDC while keeping VALOR benefits
What's Next:
Community discussions will begin soon to design the initial framework for the community wallet usage.
This marks a shift from USDC rewards to a buyback-driven model aimed at reducing ORDER supply and creating more sustainable value.
1/ Our 2nd governance proposal passed a few days ago. Here’s what happens next (buildout ~2 months): Fee flows - 60% of net fees will go into ORDER buybacks on the open market. - 50% of those buybacks will flow to stakers → rewards pivot from USDC to bought-back esORDER. -
We’re talking big changes to $ORDER buybacks & staking. The first Orderly Improvement Proposal (OIP-1) is now live, redirecting up to 60% of protocol net fees to buybacks, while keeping Staking and VALOR utility intact. Join the conversation on Orderly's forum:
New Governance Proposal is LIVE Redirect up to 60% of fees into $ORDER buybacks. 50% → stakers (esORDER, 3mo vest) 50% → community wallet (use decided via vote) USDC rewards retired → claimable treasury VALOR transitions seamlessly into new esORDER system. Vote 👉
🗳️ Governance is live on Orderly. We’re officially turning the keys over to the community. In a few days, we’ll post our first major governance proposal. 🕒 Only wallets staking $ORDER before the proposal goes live can vote. Want a say? Stake now.
Orderly’s first ever governance proposal is live. It’s an important one. We’re proposing to: Pause VALOR emissions Use up to 60% of revenue to buy back $ORDER Send those tokens to a community-controlled vault It’s the first buyback engine for Orderly. 🧵👇
Canvex Launches Infinite Spatial Trading Canvas on Orderly Infrastructure
Canvex has introduced an innovative "infinite spatial trading canvas" built on Orderly Network's infrastructure. The platform allows traders to drag and drop charts, offering a new way to visualize and execute trades. **Key Features:** - Spatial interface for customizable chart arrangement - Built on Orderly's omnichain trading infrastructure - Represents evolution in DEX user experience design This launch demonstrates how developers are leveraging Orderly's infrastructure to create novel trading experiences. The platform combines visual flexibility with decentralized trading capabilities. Trade on [Orderly-powered DEXs](https://dex.orderly.network/) or explore building your own perpetual DEX using their infrastructure.
🔥 Orderly Burns 3.25M ORDER, Cuts Buybacks by Half in Revenue Model Overhaul
Orderly Network's third governance proposal introduces major changes to its revenue distribution model: **Key Changes:** - Buyback allocation **reduced from 60% to 30%** of net fees - **100% of buybacks** now directed to stakers (as esORDER), up from 50% - Community-governed wallet **permanently retired** - **3.25M ORDER tokens burned** from idle community wallet - Protocol now **retains 70% of net fees** for product development and growth **Why the Change:** The community wallet had accumulated 3.25M ORDER tokens with no clear utility or governance direction. The proposal eliminates this inefficiency while maintaining staker rewards at current levels. **Impact:** Stakers receive the same rewards but from a smaller buyback pool. The protocol gains significantly more resources (70% vs 40% previously) to fund development and expansion. The proposal is currently live on [Snapshot](https://snapshot.org) for community voting.
Orderly Network Perps Competition Hits $100M Trading Volume Milestone
The **I đź’ś Perps competition** on Orderly Network has surpassed **$100M in trading volume**, marking significant growth from $20M just a week ago. **Key Details:** - Prize pool continues to scale with each trade executed - Competition deadline: **April 21st** - Traders can still register and participate The rapid volume increase demonstrates strong trader engagement in the competition. Participants have limited time remaining to compete for prizes. [Register for the competition](https://app.orderly.network/campaigns/perps-competition)
Vovega Takes Over OmniVault Management from Kronos
**Management Transition** Vovega Limited is assuming control of OmniVault management from Kronos Research. **Strategy Continuity** The vault will maintain its existing approach: - Fully-hedged strategy framework - Focus on minimizing net exposure and drawdowns - Aim to deliver stable returns for depositors **No Changes to Mandate** Despite the management change, OmniVault's current mandate and investment style will remain unchanged.
Orderly Network Hits Record RWA Trading Volumes in March with 78% Surge
**Record-Breaking Month for Real-World Assets** Orderly Network processed its highest-ever volume of real-world assets (RWAs) in March, with on-chain RWA trading volumes jumping 78% compared to previous periods. **What's Driving Growth** - Traditional assets like gold, silver, and stocks now tradeable on-chain - S&P 500 previously accounted for 45.8% of total trading volume on a single day - RWA perpetuals available with up to 20x leverage across 200+ Orderly-powered platforms **Accessible Infrastructure** Developers can now launch their own perpetual DEX featuring these RWA trading pairs for $100 at [dex.orderly.network](http://dex.orderly.network/?utm_source=oex). The growth reflects broader adoption of tokenized traditional assets in DeFi, allowing traders to access familiar markets through decentralized infrastructure.