The first public offering of the Trading aggregation Protocol Orion Protocol will be allocated in IE0 lottery mode

According to BlockBeats, the first public offering of the Trading aggregation Protocol Orion Protocol will be based on the blockchain-based lottery model. A total of $30,000 in ORN tokens will be distributed to Elrond holders in the form of lottery tickets (similar to IE0).

The ipo is similar to the first round of financing on a trading platform, and users need to draw lots to qualify. In the first public offering of ORN, users needed to hold the ERD to get votes. The official distribution of votes is based on the "holding coefficient" of users. The largest number of VOTES are held by ERD, and the longer the holding period, the larger the "holding coefficient" will be.

ORN will officially rank users on the ERD "holding factor" on 10 levels, with the top 10% of users receiving 10 votes, the next 10% receiving nine votes, and so on, with the last user receiving one vote.

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