Orderly launched its very first governance proposal, it's great to see.
So far 4.1M staked ORDER voted for yes and 2.3M voted for no (primarily from one addy). and looks like it won't have any issue reaching quorum.
My take👇

main proposal benefits: 1) simplify staking by removing VALOR; 2) increase ORDER token demand via USDC yields.
VALOR aimed for a collectively owned onchain treasury for token holders to vote on. but it's been proven to be too complex, high friction to understand/operate.
but I agree with the top address voting no.
more steps are needed to avoid unstaking chaos - I suggest splitting the buyback ORDER tokens 50% to stakers, 50% burned directly. also have staked ORDER as LST for creative DeFi strategies.
Set this initial state, let governance optimize later.

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