[ So why is the $ORDER token necessary? ]
What are the expected uses of the @OrderlyNetwork token that both Kyungseok and Bithumb know about? They clearly mentioned it as an infrastructure/liquidity layer.
It is used like dividends.
DEXs like @vooi_io are sharing the fees they generate from using Orderly's infrastructure with token holders.
In fact, the rewards from the current Kaito earn project are allocated from 10% of Orderly’s perp trading fee.
Additionally, there are other use cases such as governance tokens and trading boost advantages gained from staking $ORDER.
If vooi thrives and generates a lot of fees, the orderly ecosystem will also flourish.
And what about me, who is cheering for both? The yapping economy has become vibrant!
[@OrderlyNetwork is it an exchange? Or not ]
It is an infrastructure that provides essential services to projects built on top of Orderly (Dex). Don't get confused when you're yapping.
Orderly = trading infrastructure/liquidity layer (only provides backend)
DEXs based on Orderly = actual exchange services created using Orderly's infrastructure
@vooi_io = an aggregator that brings together these various DEXs.
It's not an exchange service, but rather a role that provides infrastructure and SDKs for developers to quickly create their own exchanges.
So what is the relationship with vooi?
vooi is a customer that utilizes Orderly's liquidity and infrastructure.
When users trade on vooi, they use Orderly's order book and liquidity pool, and thanks to Orderly's omnichain infrastructure, trading becomes possible across multiple blockchains. (Oh, trading on Orderly is also possible on vooi.)
So, Orderly lays down the road, and vooi goes zooming along.
Hahaha.
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