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What is the issuance amount of Orion Protocol (ORN) coins?
The total issuance amount of Orion Protocol (ORN) coins is capped at 100 million, allocated to various stakeholders such as stakers, the team, investors, and advisors to facilitate ecosystem operations.
Dec 01, 2024 at 01:36 am
What is the Issuance Amount of Orion Protocol (ORN) Coins?
Introduction
Orion Protocol is a decentralized platform that aims to revolutionize the way cryptocurrencies are traded. By aggregating liquidity from multiple exchanges into a single platform, Orion Protocol enables users to access the best prices and deepest liquidity for their trades.
Issuance Amount of ORN Coins
The total issuance amount of ORN coins is capped at 100,000,000 coins.
Distribution of ORN Coins
- 50%: Staking and ecosystem incentives
- 25%: Team allocation
- 15%: Early investors
- 10%: Advisors and contributors
Role of ORN Coins in Orion Protocol
ORN coins serve several key roles within the Orion Protocol ecosystem:
- Staking: ORN holders can stake their coins to earn rewards and contribute to the security of the network.
- Governance: ORN holders have voting rights on proposals that govern the direction of the protocol.
- Transaction Fees: ORN coins are used to pay transaction fees on the Orion Protocol platform.
- Discounts and Privileges: ORN holders can receive discounts on trading fees and access exclusive benefits within the ecosystem.
Conclusion
The issuance amount of Orion Protocol (ORN) coins is capped at 100,000,000 coins. The coins are distributed among various stakeholders, including stakers, the team, investors, and advisors. ORN coins play a central role in the Orion Protocol ecosystem, enabling staking, governance, transaction fees, and discounts.
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