Orderly Network (ORDER) to be listed on Bitget — Grab a share of 2,600,000 ORDER on Launchpool!
Bitget
2024-08-23 08:00
Bitget Launchpool will be listing Orderly Network (ORDER).
Orderly Network is a DeFi product that serves as an order book-based trading infrastructure, providing spot and perpetual futures order book trading service. The project is deployed within the Near network. Users can participate in on-chain contract trading through smart contracts, and the project also provides risk management solutions for users.
Staking pool details
This round of Launchpool features 2 staking pools.
Staking period: August 26, 10:00 – September 5, 10:00 (UTC)
Staking pool 1:
BGB pool |
2,080,000 ORDER |
Maximum BGB staking limit |
100,000 BGB |
Minimum BGB staking limit |
5 BGB |
Rewards per user = user's staked BGB ÷ total staked BGB of all participants × corresponding prize pool.
Staking pool 2:
ORDER pool |
520,000 ORDER |
Maximum ORDER staking limit |
2,000,000 ORDER |
Minimum ORDER staking limit |
20 ORDER |
Rewards per user = user's staked ORDER ÷ total staked ORDER of all participants × corresponding prize pool.
Rules:
1. Token rewards from Launchpool staking pools will be distributed hourly to participants based on their staking volume.
2. Bitget will take a snapshot of each participant's staking volume every hour to determine their share and distribute rewards accordingly.
3. Rewards are distributed hourly. When a user stakes at hour H, the staked volume is calculated at hour H+1, and the rewards are distributed at hour H+2. (For example, if a user stakes at 10:46 AM, the staked volume is confirmed at 11:00 AM, and the rewards are distributed to the user at 12:00 PM).
4. The APR of each staking pool is calculated separately.
5. Users can redeem their staked token from the staking pool at any time.
6. Staked assets will be automatically returned to the user's spot account after the staking period ends.
Terms and conditions
1. Participants must complete identity verification to be eligible for the promotion.
2. All participants must strictly comply with Bitget's terms and conditions.
3. Sub-accounts, KYB institutional users, and market maker accounts are not eligible to participate.
4. Bitget reserves the right to disqualify any user from participating in the promotion and confiscate their rewards if any fraudulent conduct, illegal activities (e.g., using multiple accounts to claim rewards), or other violations are found.
5. Bitget reserves the right to amend, revise, or cancel this promotion at any time without prior notice, at its sole discretion.
6. Bitget reserves the right of final interpretation of the promotion. Contact customer service if you have any questions.
Disclaimer
Cryptocurrencies are subject to high market risk and volatility despite high growth potential. Users are strongly advised to conduct their own research and invest at their own discretion.