Orderly Network Tokenomics: A Bold Proposal for Sustainable Growth and Enhanced Value

Key Points

1. The proposal involves ceasing VALOR emissions and allocating up to 60% of protocol revenue to buy back ORDER tokens from the open market.

2. This shift aims to reduce the circulating supply of ORDER tokens, potentially increasing their value and aligning incentives with token holders.

3. The success of the buyback program depends on factors like trading volume, fee generation, and overall DeFi market health.

4. Potential benefits include long-term sustainability and value creation, but challenges include execution risks and market conditions affecting buyback effectiveness.

5. The proposal marks a move from stablecoin rewards to a token-based model, emphasizing community control and protocol performance.