Orderly Network Announces Successful Third Phase of ORDER Token Staking
In the ever-evolving world of cryptocurrency, the latest news from Orderly Network has captured the attention of traders and investors alike. According to a recent report by BlockBeats, Orderly Network has successfully completed the third phase of its ORDER token staking program, highlighting the growing interest and participation from the crypto community.
Staking Rewards and Participation
During this phase, over 76 million ORDER tokens were staked, resulting in impressive staking rewards totaling $77,408. This successful event saw participation from 2,697 token holders, showing a robust engagement from the community and boosting the overall network health.
Trading Volume Reaches New Heights
In addition to the staking success, Orderly Network has experienced significant trading activity. Over the past 14 days, the trading volume for ORDER tokens reached an impressive $1.2 billion. Such figures point to a vibrant market and increasing investor confidence.
Current Staking Rates
For those interested in the staking aspect of the ORDER token, the current annual percentage rate (APR) stands at approximately 22%. This enticing rate attracts investors looking for opportunities to earn returns while supporting the network.
What is Orderly Network?
Orderly Network is not just a token; it is a comprehensive cloud liquidity project designed to function across multiple blockchain platforms. It integrates both spot and derivative liquidity, ensuring that liquidity and settlement support are available for any asset, across any public chain, and through any product interface.
Benefits of Orderly Network
- Multi-Chain Integration: Orderly Network's infrastructure supports liquidity across all chains, enhancing interoperability.
- Comprehensive Asset Support: The platform provides services for any asset type and various product interfaces.
- Liquidity Provision: By consolidating liquidity sources, Orderly Network aims to reduce slippage and improve trading efficiency.
Conclusion
With its innovative approach and robust participation in staking, Orderly Network is positioning itself as a key player in the decentralized finance (DeFi) ecosystem. As interest in staking and multi-chain solutions continues to grow, staying updated with platforms like Orderly Network will be crucial for investors and traders looking to diversify their portfolios.
For more information on Orderly Network and its latest developments, check out their official website and community channels.
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