Orderly Network Token Airdrop Information
Orderly Network combines an order book-based trading system with a powerful liquidity layer for spot and perpetual futures trading. Orderly Network has already launched an airdrop campaign called The Road to the Order, and the token creation event is expected to take place in Q3 2024. They also recently partnered with Elixir to launch Quantum Pools, a new addition to both. Airdrop campaign from Orderly Network and Elixir. So, if you complete the task, you can receive potential airdrops from both Orderly Network and Elixir! The Orderly Network token airdrop guide is as follows:
Check out our step-by-step guide:
What is Orderly Network?
Orderly Network is an integrated trading infrastructure designed for decentralized exchanges (DEXs). Key features include:
- Order book based trading: Combines an order book-based trading infrastructure with a powerful liquidity layer for spot and perpetual futures order books.
- DEX White Label Solution: Orderly provides white-label solutions to help construction companies save time and capital, providing bootstrapped liquidity and a plug-and-play experience.
- Omnichain Protocol Vision: The network aims to create an omnichain protocol that allows traders from EVM and non-EVM chains to connect within the same order book.
- Multichain expansion: With its roots in NEAR, Orderly is expanding to support multiple chains for builders operating on EVM and above.
- quantum pool: This is the latest collaboration between Orderly Network and Elixir. Quantum Pools allow retail traders to add liquidity to their trading pairs and earn passive income, enhancing their trading experience by providing deeper liquidity and more trading options.
Orderly Network’s infrastructure supports a variety of use cases, including creating DEXs, aggregating transactions, and connecting wallets and custodians to provide better swap rates. It also supports trading bots and hedging strategies, increasing the diversity of the DeFi ecosystem.
How do I receive the Orderly Network token airdrop?
necessary time: 1 hour 15 minutes
Here’s how to win a potential Orderly Network token airdrop:
- Complete the Galkse quest
Go to the Orderly Network Galxe quest page and complete the quest. This includes social actions and accumulating transaction volume to unlock NFTs.
- Complete the Zealy quest
Go to the Orderly Network Zealy quest board and complete the quest. This includes social work, contributing to the community by helping other members and spreading the word by creating content for the Orderly Network.
- Deposit USDC into Orderly pairs on Elixir.
Connect your wallet to Orderly Quantum Pools here, make sure you are on the Arbitrum network. Provide liquidity for USDC and earn points on the Orderly Network, known as Deeds. You can also receive rewards from elixirs, called potions.
- Monitor APY
Compensation, i.e. “Est. The “APY” column is currently around 20% APY. APY may fluctuate as more users deposit liquidity.
- Trade with Orderly Network’s affiliate brokers
Each week (epoch) Orderly Network will have a different broker partner to focus on. Trade at these affiliated brokers with a focus on accumulating volume. Partner brokers this week are Sharpe, VOOI, IBX, AscendEX, LogX, EMDX, WOOFi and Bitoro.
- Trade on Near Protocol DEX provided by Orderly Network
Trading on the Near protocol DEX provided by Orderly Network requires several steps, including setting up a NEAR wallet, transferring and trading NEAR tokens. See steps 7-9 below for more details.
- NEAR Wallet Settings
Set up your wallet on the NEAR protocol to interact with dApps in the ecosystem. You can choose from a variety of wallet options, such as HERE wallet or BitGet wallet. Visit your preferred wallet website to download and install it on your device. Create a new account and copy your security password to keep it safe. Finally, choose a username, which is usually free or costs 0.1 $NEAR.
- NEAR token transfer
Transfer NEAR tokens to your wallet from a centralized exchange (CEX) like Bybit or BingX, or use Rainbow Bridge for Ethereum, NEAR, and Aurora blockchains. If you fund NEAR tokens on CEX, convert other tokens to NEAR and withdraw them to your NEAR wallet.
Sign up for Bybit or BingX and enjoy additional benefits!
- Trade on Near Protocol DEX.
According to the rules of The Road to The Order campaign, traders using NEAR before and during The Road to The Order will still be eligible to receive the Orderly Network airdrop. However, NEAR traders are not included in The Road to The Order campaign. This means that not all Near Protocol DEXs are powered by the Orderly Network. However, you may qualify for a potential airdrop if you trade on platforms supported by the Orderly Network, such as REF Finance, BTSE DEX, WOOFi DEX, JumpDeFi, and Zexe.