Orders.Exchange - Full Protocol DEX Run on BTC
  • Overview
    • What is Orders.Exchange
    • Why create Orders.Exchange?
  • Orderbook DEX
    • Overview
    • Technology & Theory
      • PSBT
      • 0-Sec Multi Transactions
      • Ask Orders
        • Technical flowchart for placing ASK orders
      • Bid Orders
        • Technical flowchart for placing BID orders
      • Nostr Proposal
        • NIP-100
    • Audit Report
    • Service Fee
    • Trade to Burn
  • Orders Swap & Liquidity Pools
    • Orders Swap
      • Overview
      • Technology & Theory
        • Decentralized Architecture
      • Service Fee
      • Swap to Burn
    • Orders Liquidity Pools
      • Overview
      • Technology & Theory
        • Threshold Multisignature
        • Cold-Hot Wallet Isolation
      • Stake to Earn
      • Service Fee Sharing
    • Audit Report
  • Orders Bridge
    • Overview
    • Technology & Theory
    • Audit Report
    • Service Fee
  • Minting is Liquidating
    • Minting is Liquidating
    • Principle Workflow
    • Stake to Earn
    • Service Fee
  • Tokenomics
    • $RDEX
  • Roadmap
    • Orders Roadmap
  • FAQ
    • How to Earn $RDEX?
    • Why does $RDEX have almost half of its tokens in one address, and does this pose a risk?
    • What is the buyback timing and frequency for $RDEX?
    • How does P-LP differ from regular LPs? Do I need to lock my assets?
    • Why are there different reward multipliers in P-LP? How should I choose which multiplier to go for?
    • Is the liquidity I provide to P-LP safe? How can its safety be assured?
    • Why does P-LP differentiate between uni-directional and bi-directional liquidity? What's the differe
    • How are funds transferred between the buyer's and seller's wallets, and do my tokens leave my wallet
    • From a technical perspective, what happens when canceling an already placed buy/sell order?
    • Is the liquidity pool for Orders fully decentralized, and how is it achieved?
    • The world's first Bitcoin-native network supported BID system: How it came into existence
    • How many $RDEX tokens are released daily, and how is it done?
    • After adding LP, how can I make it trade? I can't see this LP on my own trading page.
    • Can I know which P-LP I provided?
    • Why not open RDEX P-LP?
    • The transaction fees are currently high; is there a way to reduce them?
    • What's the difference between orders and other DEXs?
  • Risks & Disclaimer
    • Risks & Disclaimer
  • Team
    • Team Introduction
  • Resources
    • Orders Exchange
    • Twitter
    • Discord
    • Github
Powered by GitBook
On this page
  • Why does P-LP differentiate between uni-directional and bi-directional liquidity? What's the difference between the two? Which one should I participate in?
  • Is the liquidity I provide to P-LP safe? How can its safety be assured?
  • Why are there different reward multipliers in P-LP? How should I choose which multiplier to go for?
  • How does P-LP differ from regular LPs? Do I need to lock my assets?
  • What is the buyback timing and frequency for $RDEX?
  1. FAQ

How to Earn $RDEX?

PreviousOrders RoadmapNextWhy does $RDEX have almost half of its tokens in one address, and does this pose a risk?

Last updated 1 year ago

$RDEX is distinct from typical BRC20 tokens and does not fall under the Meme coin category. Instead, it is the world's first functional token on the native Bitcoin network, primarily used to quantify a user's contribution to the Orders platform. Looking at its token model, $RDEX is mainly divided into two parts: early participation rewards and P-LP participation rewards. The early participation rewards have already concluded. To obtain more $RDEX, one can actively participate in P-LP.

Why does P-LP differentiate between uni-directional and bi-directional liquidity? What's the difference between the two? Which one should I participate in?

Orders' P-LP offers users two different liquidity provisioning schemes: uni-directional and bi-directional, allowing users to choose based on their preferences.

Uni-directional liquidity only requires users to provide BRC20 tokens. In contrast, bi-directional liquidity demands more from users: they must supply both BRC20 tokens and a corresponding amount of BTC based on the current market price. Once the liquidity provided by the user is fully utilized, they immediately receive liquidity rewards, allowing users to reclaim their provided liquidity tokens and the earned rewards at the earliest opportunity. Naturally, since providing bi-directional liquidity means committing more tokens, those providers will receive comparatively larger rewards.

Moreover, since P-LP is the first fully decentralized liquidity pool solution built entirely on the native Bitcoin network, the liquidity provided by users remains in their wallets until utilized. This ensures the safety of the liquidity assets users provide to Orders.

Is the liquidity I provide to P-LP safe? How can its safety be assured?

P-LP is the first liquidity pool solution entirely built on the native Bitcoin network, with the core characteristics of being fully trustless and decentralized. This is evident as the liquidity assets that users provide to Orders' P-LP remain in the user's wallet until utilized.

After the liquidity is used, users can manually reclaim their provided liquidity assets and the generated liquidity rewards within Orders. It's essential to note that, due to P-LP's trustless and decentralized nature, the liquidity assets provided by users remain in their wallets.

So, once those assets are used by the user, they can no longer be used for P-LP, nor can they generate any rewards. It is recommended that users employ a separate wallet to participate in P-LP to easily distinguish between asset categories.

Why are there different reward multipliers in P-LP? How should I choose which multiplier to go for?

The core objective of the P-LP liquidity pool solution is to ensure that BID Orders in Orders can be created at any time to meet users' immediate asset selling needs. One of its defining features is its resilience against market fluctuations. To achieve these goals, Orders offers users a higher liquidity injection allowance.

Given the unpredictable nature of the market, sometimes drastic market fluctuations can lead to much higher market prices. Liquidity provided based solely on prior market rates may become unusable due to these shifts. Consequently, users can opt to provide bi-directional liquidity to P-LP at rates higher than the current market price.

Similarly, if a user provides more liquidity assets to P-LP compared to other users, they stand to gain higher liquidity rewards once that liquidity is utilized. However, in general terms, Orders' P-LP prioritizes the use of standard rate liquidity.

How does P-LP differ from regular LPs? Do I need to lock my assets?

P-LP fundamentally differs from any other well-known LP solutions. P-LP is the first liquidity pool solution entirely built on the native Bitcoin network, with core characteristics of being fully trustless, decentralized, and resistant to market volatility. Its primary purpose is to ensure that BID Orders in Orders can be instantly created, fulfilling users' immediate asset selling requirements.

Due to P-LP's utilization of PSBT (Partially Signed Bitcoin Transactions) technology combined with multi-signature methods, it ensures that the liquidity assets provided by users remain in their wallets until utilized. Moreover, users still retain control over these assets, meaning they can use them whenever they wish.

The P-LP liquidity pool solution offers users a genuinely safe, decentralized liquidity provisioning experience. There's no need to lock assets, no need for collateral, and no risk of losing funds.

What is the buyback timing and frequency for $RDEX?

$RDEX will be bought back and burned daily. To mitigate risks, the buybacks will be divided into three sessions daily, based on 48 blocks each.