🔶Utilities

The $ORLA token is the native currency that powers the Ordi Launch ecosystem. It activates and supports tailored platform utilities for all users.

Enabling Safeboxes: By staking $ORLA in their Ordi Account, users can create personalized Safeboxes to reserve Inscriptions for custom time periods. Higher $ORLA stakes permit longer maximum durations and more significant benefits.

Unlocking VIP Perks: Staking $ORLA also determines a user's VIP status tier. Higher tiers provide exclusive perks, catering to various strategies from quick cash-outs to long-term stability and collector retention.

Incentivizing Liquidity Providers: The protocol rewards liquidity providers who contribute to $ORLA and μToken exchange pools with $ORLA mining rewards, based on their pool share. This incentive strengthens the crucial liquidity needed for ecosystem growth.

Managing the Treasury Reserve: The protocol's treasury collects a portion of all $ORLA transactions such as fees and bids. These reserves support ongoing development, provide collateral, and uphold $ORLA value stability. The treasury might also grant funds to notable contributors and projects within the ecosystem.

Maintaining Protocol Stability: Ordinarily, random Vault redemptions incur no fees. However, if reserves fall significantly, a redemption fee in $ORLA is imposed, discouraging excessive withdrawals in volatile times.

In conclusion, $ORLA forms the economic backbone of Ordi Launch by encouraging beneficial platform interactions, fostering a dynamic, utility-focused marketplace.