Good morning everyone! This is your Mr. Decentralized again talking about another exciting project from the crypto space. Today, I would like to talk with you guys about one of my predictions that came true which is the combination of a decentralized exchange and centralized exchange in one! Not only that. We do also have the power of different plugins not just for blockchain veterans but also for beginners and enterprises alike.
The project that I am talking about is the Orion Protocol. This project will be for sure an amazing addition to the crypto contribution of the community because it is the one that makes the true nature of decentralization takes place for crypto enthusiasts and traders alike. Let me tell you why.
Orion Protocol and Orion Terminal Introduction, features and competitive advantages
---> Alright, so when you hear the word Orion Protocol, what comes to your mind? I guess you are thinking about money or algorithmic stable coins. But it is not! Orion Protocol project is a planned one-stop-shop or one-stop hub for all money markets and exchanges around. In a nutshell and basically, Orion Protocol is the protocol for having the exchanges both decentralized also known as DEX, and a centralized exchange is also known as CEX get aggregated and provides the feed to the user to have a wide range of choices when they are entering a trade. This gives the investors and traders the edge and also the best trade possible when they trade. Not only that, but the liquidity pools are also aggregated which is why they will be having more of the best conversion rates for the crypto they are trading or swapping onto.
Why Orion Terminal?
---> Let me talk to you about some of the problems of traders like me
Problems of traders that need solutions
Low liquidity for the token being swapped
Matched liquidity but you give custody of your own assets to a Centralized exchange
Low choice of tokens to swapped into because if you are only using DEX, mostly they are ERC-20 only. While atomic swaps and multi-chain or cross-chained swaps are only available on centralized exchanges.
The ratio of the tokens in a Dex is susceptible to manipulations.
Orion Protocol Terminal solutions
1. Liquidity aggregation from the centralized exchange, decentralized exchange, and liquidity pools
---> With the Orion Terminal, you are getting an easier way to trade because you do not need to check each trading exchange just to check if it could fulfill your trade if you buy and sell. Hence, it saves you time and energy from checking the coin that you are trading just to get into a certain market platform. Orion Protocol also saves you time from setting up an account and KYC on centralized exchanges because it is the Orion Terminal that will provide you the liquidity needed to fulfill your trade.
2. Non-custodial trading
--->The advantage of you holding your own private keys while trading is the best way to trade and hold your tokens. Because you and only you will be responsible for your funds and safekeeping. As per the Orion team, you can trade by just connecting your wallet to Orion Terminal and be able to trade with large portions of tokens and liquidity on major exchanges even you do not have yet an account on that platform! No more wasting time and risky KYC!
3. Oracle-priced trades because of the aggregation of liquid assets
---> With the Orion Terminal, you will be sure that the best prices in the market will be fed to you in real-time always. Because those prices will be sure of oracled fed prices. No manipulation will be fed to your trades.
4. No wasting of money because of slippage risks. Giving you the optimal number of coins/tokens per trade
---> If you are one of the participants of DEFI and token contracts, you maybe get into 'gas wars' from time to time. Aside from that, you will get slippage risks especially if the token or coin has low liquidity on the dex you are trading from. With the Orion Terminal, you will be assured it will be fulfilled because of large tanking liquidity spread across different exchanges and then aggregating it for your convenience and fulfill it.
ORION PROTOCOL PARTNERS: https://www.orionprotocol.io/partners
These are the partners of Orion Protocol everyone! They are comprised of brokers and industry partners in terms of exchanging cryptocurrencies.
Orion Protocol's Enterprise suite of tools
A. Orion Liquidity Boost Plugin: https://www.orionprotocol.io/liquidityboostplugin
--> Orion Protocol has different tools as well for B2B type of relationship in the crypto space. First is the Liquidity boost. This will be perfect for those enterprises or those people who wanted to setup their own cryptocurrency exchange and needs liquidity for their customers. The good news is, with this plugin of Orion, they can be supplying liquidity as if copying or integrating the aggregation from Orion to your own exchange without having your customers know that the liquidity comes from Orion. That is how generous Orion is. They do not keep their knowledge and expertise to themselves. They are not keeping the monopoly. Decentralization it is! Let me show you a screenshot of the plugin flowchart on how it works.
B. Orion DEX Kit
---> Not only liquidity boost is being provided by Orion as a product but also the kits to help you build your own decentralized exchange. With the Orion DEX kit, just follow the instructions and make your own DEX. They did also made the integration of the cross-chained assets ready-to-use for you and wallet integrations and blockchain compatibility as well. This Orion protocol is a DEX-maker I am telling you!
C. Orion Enterprise Trade Widget
---> This widget is like the "encasher" part of the company that is not into blockchain yet and wanted to integrate the blockchain into their system architecture. Fiat will always be a part of the blockchain industry and vice versa. With the Orion widget, your clients can deposit fiat and you could receive the token at the time of exchange and the clients can pay for your services in tokens but they are using fiat to do it. By just connecting their bank accounts to the Orion widget which is safe and secure, the transactions will keep private while the tokens will be sent.
ORION TOKEN AND ITS USE CASES AND UTILITY
1. Orion Holder benefit
---> You could have discounts in the trading platform and you could also stake them to earn more ORION tokens.
2. 16 revenue streams for sustainability
3. DYCO( Dynamic Coin Offering)
---> The Orion Protocol is in partner with DAO Maker to have the DYCO. When we say a project is having DYCO, they will need to finish the milestones in their roadmap or they will need to refund the people who invested in their project. This means Orion Protocol is not taking any chances. They will for sure make this project successful and make this go into adoption for all.
4. Main Net: https://www.orionprotocol.io/launch
---> They also did launch recently for the Mainnet of the Orion Terminal. Check the link above to see it guys!
5. Decentralized Brokerage through staking ORN token
--> With the ORN token, you can become a broker that facilitates the trading and aggregation in the ORN ecosystem. With each trade, you will get fees and other liquidity perks. Or be also a non-broker staker wherein you will help in securing the network with the staking of your ORN tokens. More info about staking and brokering here: https://www.orionprotocol.io/staking This is for liquidity mining: https://staking.orionprotocol.io/?hsLang=en#/orn
Orion Roadmap
TOKENOMICS
ORION PROTOCOL's BIGTIME TEAM
https://www.orionprotocol.io/about
ADVISORS
BLOG: https://blog.orionprotocol.io/?hsLang=en
Thank you so much guys for checking my new blog post here about Orion. To summarize, this project will for sure going big because they will be the pioneer for aggregation of a centralized and decentralized exchange and the enterprise widget will bring in investors to all people who integrate Orion.
For more information, you may check their website and social media channels below.
Website: https://www.orionprotocol.io/
Telegram: https://t.me/orionprotocol
Github: https://github.com/orionprotocol
Linkedin: https://www.linkedin.com/company/orion-protocol
Twitter: https://twitter.com/orion_protocol
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