esORDER is the escrowed $ORDER token. Starting from epoch 7 users who earn trading rewards and market making rewards will receive esORDER instead of liquid $ORDER token.Upon receiving esORDER, users can decide whether to:
Stake esORDER to obtain the same benefits as staking $ORDER
Vest esORDER and convert it to $ORDER after some time
When a user redeems esORDER for $ORDER ahead of the full period of time (i.e. 90 days), a fraction of the rewards are burnt, leading to deflation.For example, Bob receives 100 esORDER and decides to redeem them after the minimum vesting period, he has to wait 15 days and then he gets 50% $ORDER and the other 50% $ORDER is burnt and removed from circulation permanently.