Temporary Tranche

Understanding Temporary Tranche in the ORDITT Protocol:

Let's explore the concept of the Temporary Tranche within the ORDITT DeFi ecosystem.

Temporary Storage for Collected Tax:

Think of the Temporary Tranche as a smart storage space for the $ORDITT tokens collected from the tax. This storage keeps accumulating tokens until its value reaches a set threshold capacity of $5000. It's like filling a bucket until it's full.

Unlocking the Trigger:

When the Temporary Tranche reaches the threshold value of $5000 worth of $ORDITT tokens, a special event occurs. At this point, a smart contract Trigger becomes accessible. This Trigger can be activated by any $ORDITT token holder, like pressing a button to initiate something exciting.

The Trigger Event:

When someone triggers this smart contract, the $ORDITT tokens within the Temporary Tranche are distributed in the following manner:

• 1% $ORDITT: This portion is awarded to the user who initiated the Trigger. It's like a reward for taking action.

• 33% $ORDITT: These tokens are permanently removed from circulation through burning. This helps reduce the total supply, potentially increasing the value of each token.

• 33% $ORDITT: These tokens are allocated to the ORDITT DAO Treasury. This Treasury supports crucial functions like marketing, maintaining liquidity, and funding creative projects.

• 33% $ORDITT: These tokens are converted into $UNI, the Uniswap token. The resulting $ORDITT is then deposited into the Lap Tranche, another integral component of the ecosystem.

In a nutshell, the Temporary Tranche is like a holding area for collected tokens, and the Trigger is a way to release and distribute them. This setup ensures that these tokens have different roles, from rewarding users to supporting the ecosystem's growth.