Season
Defining Seasons within the ORDITT Protocol:
At the heart of the ORDITT DeFi protocol lies a concept that shapes its evolution and progression - Seasons. Let's embark on a journey of understanding, breaking down the essence and significance of Seasons within the ORDITT ecosystem.
The Seed of Supply:
ORDITT commences its journey with a token supply of 1 billion $ORDITT tokens. This supply, designed with ingenuity, embraces hyperdeflationary principles, leading to a continuous reduction in total $ORDITT tokens with each transaction.
The Relaunch:
Central to the protocol's architecture is a moment of transformation - the Relaunch. This pivotal event is prompted by the attainment of specific targets:
Target A: The Relaunch initiates when the total $ORDITT token supply reaches 100 million, symbolizing the successful burning of 900 million $ORDITT tokens.
Target B: Alternatively, if the protocol operates for a continuous span of 365 days, with the total supply of $ORDITT tokens remaining above 100 million, the Relaunch is set in motion.
The Seasons Unveiled:
The time span between the inception of the protocol and the Relaunch event is referred as a Season. Each Season encapsulates the dynamic lifecycle of the protocol, signifying its growth, adaptability, and responsiveness to user engagement.
How Relaunch Works:
With the onset of the Relaunch, the protocol seamlessly restores the total supply of $ORDITT tokens to the original 1 billion tokens, heralding the commencement of a fresh Season. This graceful transition establishes an unending rhythm of Seasons, mirroring the protocol's enduring nature and its resolute commitment to innovation and evolution.
Season 1: A New Beginning:
Our journey commences with Season 1, the foundational phase that sets the trajectory for subsequent Seasons. Season 1 epitomizes the promise of growth and transformation embedded within each Season of the ORDITT protocol.
Last updated