Orion Protocol allows its user to access liquidity from both centralized and decentralized exchanges in a non-custodial manner.
Orion Protocol products include:
Orion trading terminal: Execution of trades across different exchange platforms for traders and investors.
Portfolio management application: Monitoring of assets across exchanges, setting alarms for arbitrage opportunities and automating processes in a non-custodial manner.
App Store: Purchase of decentralized applications such as arbitrage apps, algorithmic trading bots, and payment integration systems.
Liquidity plugins for exchanges: Plug-ins for both centralized and decentralized exchanges to place on their own platform, contributing to Orion’s aggregated liquidity.
DEX launcher: Enabling users to launch their own decentralized exchange with access to Orion’s liquidity.
ORN, the ERC-20 token of Orion Protocol, holds the following utility:
Broker staking: Liquidity providers (brokers) stake ORN tokens to join a liquidity pool. The more ORN they stake, the higher chance they get to execute orders, which in turn generates fees for the broker.
Staking rewards: Non-brokers will be able to stake ORN to vote for brokers and receive a portion of fees from trades that the brokers execute.
Discounts: Fee discounts will be applied when ORN is use to pay for fee within the Orion Terminal.
Licensing fee: Licensing fee will be collected from the Liquidity Boost Plugin, DEX kit and Enterprise Trade Widget.
Orion Protocol (ORN)
Aggregating Liquidity in One Decentralized Platform.
Sep 30th, 2020