Orderly Proposal: Buy back ORDER, optimize stake and VALOR mechanism

[比推] The Orderly community has initiated a new proposal, which plans to allocate up to 60% of the protocol's net fees for regular buybacks of ORDER tokens, while simultaneously optimizing the staking and VALOR mechanisms.

According to the proposal, the buyback will be executed through TWAP based on the income from the previous two weeks, with half of the purchased ORDER allocated to stakers (issued in the form of esORDER released linearly over 3 months), and the other half entering the community governance wallet, with its use (burn, liquidity, incentives, etc.) to be determined by a separate governance vote.

The proposal also includes stopping USDC stake rewards, allowing stakers to directly receive their existing USDC inventory; VALOR will be linked to esORDER rewards, and existing holders will seamlessly transition to the new system in proportion. The voting period is 7 days, with a quorum of 30% of the total voting rights, and only ORDER staked before the proposal submission can participate in the voting.