Introducing Orderly Network (ORDER) on KuCoin GemPool!
08/25/2024, 12:12:33
Dear KuCoin Users,
KuCoin is excited to announce another great project Orderly Network (ORDER) coming to our GemPool!
Users can stake their KCS, USDT, and ORDER into separate pools to farm ORDER tokens starting at 10:00 on August 26, 2024 (UTC).
Check this GemPool tutorial>>
Listing
KuCoin will list Orderly Network (ORDER) soon! Please stay tuned for the further listing announcement.
GemPool Details (Participate Now)
- Total Supply: 1,000,000,000 ORDER
- GemPool Total Rewards: 750,000 ORDER
- Campaign Period: From 10:00 on August 26, 2024 to 10:00 on September 9, 2024 (UTC)
- Staking Terms: KYC verification is a must
- Daily Reward Hard Cap Per User:
- USDT pool: 4,500 ORDER
- KCS pool: 4,500 ORDER
- ORDER pool: 6,500 ORDER
| Supported Pools | Total Rewards (ORDER) | Farming Period (UTC) |
| USDT | 225,000 | 2024-8-26 10:00 ~ 2024-9-9 10:00 |
| KCS | 225,000 | 2024-8-26 10:00 ~ 2024-9-9 10:00 |
| ORDER | 300,000 | 2024-8-26 10:00 ~ 2024-9-9 10:00 |
Addtional Bonus
Bonus 1: Complete Quiz to Win Additional 10% Bonus!
Users who participate in the GemPool and finish the quiz with all correct answers can enjoy an additional bonus of 10%! For more details, please refer to the event page.
Bonus 2: VIP Exclusive! Bonus Up to 20%!
VIP users participating in the GemPool can enjoy an exclusive bonus, which varies according to their VIP level!
| VIP Level | Bonus |
| VIP 1 - 4 | 10% |
| VIP 5 - 7 | 15% |
| VIP 8 - 12 | 20% |
Rewards Calculation
- Rewards per user = (user's staked token / total staked token of all eligible participants) × corresponding prize pool.
- Snapshots of user balances and total pool balances will be taken multiple times at any point of time each hour to get users’ hourly average balances and calculate user rewards.
- Daily rewards will be calculated from the following day (T+1) after staking. User rewards will be updated daily.
About the Project
Orderly Network is a cloud liquidity infrastructure designed to revolutionize trading. By consolidating all orders into a single shared orderbook across multiple chains, Orderly Network creates a unified liquidity landscape that improves trading efficiency, delivers deeper liquidity, and provides tighter spreads.
Orderly’s omnichain backbone empowers developers to innovate boldly to take DeFi to the next level. By removing the risks associated with cross-chain bridging and wrapped asset movement, builders can create a comprehensive range of financial products for both retail and professional traders.
The Orderly Chain, built on the OP Stack, leverages Celestia’s data availability and LayerZero’s cross-chain messaging protocol to serve as the settlement layer and ledger for all transactions.
Website | X (Twitter) | Telegram | Whitepaper
Notes:
1. Tokens can only be staked in one pool at a time. For example, users cannot stake the same KCS into two different pools at the same time.
2. Daily rewards will be calculated from the following day (T+1) after staking. Users can claim the daily rewards at 11AM UTC each day.
3. Users will be able to stake before the farming period, however no reward will be generated until the farming period starts;
4. Users will be able to unstake their funds at any time with no delay and participate in any other available pools immediately. No reward will be generated after you unstake your tokens;
5. Users will be able to manually claim the rewards each day. Tokens staked in each pool and any unclaimed rewards will be automatically credited to the user's Funding Account at the end of each farming period;
6. The users from the following countries/areas are not supported in this event: Singapore, Uzbekistan, Mainland China, Hong Kong Special Administrative Region, Malaysia, Ontario, Canada, United States of America, including all US territories;
7. The User (whether as an individual or legal entity) is not on any sanction lists of competent authority, including but not limited to the sanction lists of the Republic of Seychelles, the sanction lists of international laws and conventions to which the Republic of Seychelles is a party and other applicable sanction lists;
8. In case of any discrepancy between the translated version and the English original version, the English version shall prevail;
9. The behavior of maliciously taking rewards will result in the cancellation of rewards. KuCoin reserves the final right to interpret these terms and conditions, including but not limited to the modification, change, or cancellation of the activity, without further notice. Please contact us if you have any questions;
10. If users have doubts about the result of the activities, please note the official appeal period for the result of activities is 2 months after the end of the campaign. We will not accept any kind of appeal after this period.
Best regards,
The KuCoin Team
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