- Orion Pool, Orion’s AMM solution will live on June 22, 2021.
- Aggregating decentralized access to both centralized exchanges and swap pools.
- Orion Pool will launch with 4 ORN pools: ORN/ETH, ORN/USDT, ORN/BUSD, and ORN/BNB.
Orion Pool, Orion’s AMM solution will live on June 22, 2021. Moreover, with the launch of Orion Pool, Orion Terminal becomes the only trading firm that enables decentralized access to both centralized exchanges and swap pools. More so, it offers traders a single portal for trading, staking, and governance voting.
Orion Protocol will route all swap orders to the source of liquidity with the best price, offering the most gainable price for traders. Added to this, traders will gain substantial arbitrage chances across centralized and decentralized liquidity sources.
In addition, the Orion Pool will be completely integrated into the Terminal, enabling traders to gain from a single UI for trading, staking, adding or removing liquidity, and governance voting. Orion also plans to integrate with Swap pools such as Uniswap, PancakeSwap, and SushiSwap to add more liquidity to the Terminal.
Normally, Orion will route all swap orders to the liquidity source with the best possible price. Even more, the orders can even be divided across many exchanges and liquidity sources to reach the best possible price. For instance, every liquidity pool offers a substantial source of liquidity for arbitrage chances between centralized and decentralized liquidity source. Further, Orion Protocol has developed an arbitrage bot SDK, enabling the arbitrage traders to easily configure their Uniswap arbitrage bots for Orion Pool.
Orion Grows its Pool Significantly
Orion Pool will launch with four ORN pools such as ORN/ETH, ORN/USDT, ORN/BUSD, and ORN/BNB. Moreover, the platform plans to develop their pools significantly. In addition, the third party project will enable users to self-list their token on Orion Pool paired with ORN, USDT, ETH, BNB or BUSD.
Moreover, a significant number of third parties are ready to self-list on Orion AMM Pool already. However, from million to billion dollar market cap projects. This will allow liquidity for new assets and pairs to be included in the terminal. Even more, self listing on Orion Pool will allow world-wide access of assets and visibility to global users, more complex order types than leading swaps, cross-trading against more than 1,000 trading pairs via complex swap, unique arbitrage chances across decentralized and centralized liquidity sources, access to Orion’s partners, and co-marketing opportunities.
Orion Pool will be compatible with ETH and BSC. As more chains are integrated (with Cardano, Fantom, Polkadot, Avalanche, Elrond, and HECO soon to be integrated), this will grow to include their native assets.
Orion Pool will launch four ORN pools. However, Orion Pool is made of Liquidity Providers + Governance Stakers. However, LP receives Liquidity Mining rewards, spread all over many ORN pools. Even more, LPs offer 50:50 ORN and the matched asset. In addition, the Governance Stakers ‘vote’ on the pools to get higher rewards.
More so, the Liquidity Mining rewards will be distributed between each pool as per the amount of votes they have, allowing ORN holders to identify the rate of rewards each pool receives. Orion Pool fees will be distributed back to the participants, with ⅔ going to Liquidity Providers and ⅓ going to Governance Stakers.
All-in-all, Orion Protocol builds the decentralized gateway to the crypto market. The layer 2 solution allows users access to deep, cross-chain liquidity in one place – across DEXs, CEXs, and swap pools – enabling traders access to the best price in the market directly from their wallet. In addition, Orion seeks to solve the fragmentation of crypto markets, NFTs marketplaces, and assets from traditional finance by slowly aggregating them into one place: Orion Terminal.
Orion builds over a dozen solutions for blockchains, exchanges, and crypto projects, providing over eighteen revenue streams on the protocol. The Orion platform has been built with ORN holders in mind: every transaction happening across the multiple solutions on the protocol adds to Daily Protocol Volume, providing lucrative rewards for stakes.
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