Orion Token and Stake Protocol
Orion Protocol is a platform that aims to solve some of the biggest problems in DeFi by collecting the liquidity of the entire crypto market on a decentralized platform. This includes many solutions built on the protocol, including the Orion Terminal, the transaction solution that brings together the liquidity of the entire crypto market on a decentralized platform. The roadmap also includes a price oracle and a high margin DEX.
What is Orion Token ?
The ORN token is the native cryptocurrency of Orion Protocol and is available across the platform. ORN token is designed as a service token.
ORN token holders; They also get a variety of benefits, including discounted transactions, advanced features, protocol access, and staking returns. The platform aims to encourage users to own ORN tokens. In addition, according to the statements made, the platform attaches great importance to the limited supply of ORN tokens.
Orion Protocol ORN launched the first official liquidity mining program through Uniswap. The program will reward ORN Liquidity Providers (LPs) at Uniswap with up to 150,000 ORN per month for ORN / ETH. This reward amount will be distributed in proportion to the amount of liquidity each person provides, so the APR per person will depend on how many LPs are participating.
The Orion Protocol will calculate this additional incentive based on the minimum amount of liquidity each person provided in the previous month. This program will be valid for each following month and therefore will reward long-term LPs that continuously provide liquidity each month. Pool rewards are continuously calculated through a smart contract, and the accrued rewards can be claimed at any time. Bonus pool rewards are proportional to the time deposited and are paid at the end of the reward period (30 days). The longer you provide liquidity, the higher the rewards.
Important Links :
Website : https://www.orionprotocol.io/
Whitepaper : https://www.orionprotocol.io/hubfs/whitepaper.pdf
Twitter : https://twitter.com/orion_protocol
Github : https://github.com/orionprotocol
Telegram : https://t.me/orionprotocol