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. 🧵👇
📈 SNX and DASH Futures Go Live
**New futures trading pairs launched** with 10x leverage support across multiple chains. **Available tokens:** - $SNX (Synthetix) - $DASH (Dash) **Trading features:** - Long and short positions - Up to 10x leverage - Cross-chain support on EVM and Solana **Supported DEXs include:** - WOOFi, Saros, Raydium Protocol - Kyrrex, Coin98, BBX Official - Mode Network, PerpsDAO, KodiakFi - All Orderly One DEX partners This follows the recent $ZEC futures listing on October 13th, expanding the available trading options for DeFi users.
Orderly Network's NAS100 Launch Generates $11M Volume on First Day
Orderly Network's new **$NAS100 listing** achieved impressive first-day metrics: - **$11M trading volume** in 24 hours - Instantly became the **4th most traded pair** on the platform - Built on previous day's $650K volume momentum The launch demonstrates strong demand for **on-chain index trading**. Orderly positions itself as offering the deepest liquidity for traditional market indices in the decentralized finance space. This performance suggests growing interest in bringing traditional financial instruments to blockchain-based trading platforms.
🚀 Altcoin Liquidity Breakthrough
**Major liquidity milestone achieved** for altcoin trading infrastructure. **Key developments:** - $SEI and $BERA now match **Binance-level** top-of-book liquidity - Over **$1M in liquidity boosts** added across $BNB, $DOGE, and $XRP - **Top 15 trading pairs** significantly strengthened **What this means:** - Industry-leading depth previously limited to major cryptocurrencies now **extends to altcoins** - Enhanced trading experience with **tighter spreads** and better execution - **Reduced slippage** for larger altcoin trades This represents a significant step toward **bridging the liquidity gap** between centralized and decentralized trading venues for alternative cryptocurrencies.
🎧 Order Podcast Episode 3 Features Pyth Network's Real Market Data Strategy
**The Order Podcast** released its third episode featuring an interview with Pyth Network's ecosystem marketing lead. The discussion explores how **Pyth Network provides real-time data** to fuel actual market operations across DeFi protocols. - Episode focuses on Pyth's role in delivering reliable price feeds - Covers the network's approach to connecting traditional finance data with blockchain markets - Part of Orderly Network's ongoing podcast series This follows their recent launch of the **In-Short Order** mini podcast series, which featured interviews with ecosystem leaders from various Web3 projects. The podcast continues Orderly's educational content strategy, highlighting key infrastructure projects that support omnichain trading and DeFi development.
🔧 Orderly One Upgrade
**Orderly One v1.3.2** is now live with significant improvements to the DEX platform. **Key Updates:** - **PWA support** - Install your DEX as a standalone app - **Base integration** - Graduate directly via @base - **Enhanced UX** - Smoother graduation flow and improved navigation **Technical Improvements:** - Fixed color swatches and board ranking pagination - Stability and security enhancements - Better mobile responsiveness This follows recent upgrades that added public DEX board stats, graduation notifications, and custom font configuration for builders.