Orion Protocol recently launched its AMM solution, Orion Pool, which supports multiple encryption-related activities from a single user interface. The platform integrates leading exchange pools, DEX and CEX, and builds the first decentralized gateway to the entire cryptocurrency market.
A new era of decentralized finance under one interface
With the rise of Bitcoin and other cryptocurrencies, the blockchain ecosystem is flooded with centralized and decentralized exchanges. As a result, users find it increasingly difficult to manage multiple wallets, monitor price changes, and execute orders across exchanges.
Although centralized exchanges (CEX) are the preferred solution for cryptocurrency trading, governments and financial regulators around the world are cracking down on CEX, making it difficult for these platforms to operate in multiple jurisdictions. CEX stores data in a centralized security process, making them easy targets for cybercriminals.
In addition, registering an account on CEX is a cumbersome and frustrating process, involving several complex issues of KYC, AML, and other regulatory verifications. On the other hand, DEX solves the problem of CEX, allowing users to fully control their funds. However, using DEX requires a good understanding of the DeFi ecosystem.
To solve these problems and improve accessibility, Orion Agreement Launched its proprietary AMM solution, Orion Pool, To establish itself as the only platform that allows users to decentralized access to exchange pools, DEX and CEX in one destination.
After the launch of Orion Pool, Orion Terminal Now provides traders with a single portal for trading, collateral, exchange and governance voting. This means that users no longer need to create multiple accounts across exchanges or conduct multiple KYC and AML checks. The advantage is that you can get the best price on the market through Orion Pool at any time.
The gateway to the entire crypto market
The Orion protocol is built on Ethereum and Binance Smart Chain (BSC) and is currently integrating Avalanche, Cardano, Elrond, Fantom, HECO, PancakeSwap, Polkadot, SushiSwap and Uniswap into its ecosystem to increase the flow of Orion terminals sex. Orion Pool initially launched a multi-asset liquidity pool containing ORN/ETH, ORN/BUSD, ORN/BNB and ORN/USDT pairs.
A week later, the platform launched USDo, a stable currency pegged to the U.S. dollar, which added more practicality to the native ORN token. These stablecoins are minted by collateralizing ORN and ultimately used as the basic tokens for all trading pairs in the Orion terminal.
By cooperating with verified brokers and exchanges, Orion Terminal allows everyone to trade through major exchanges, such as Binance and KuCoin, without the need for multiple wallets or KYC.This is achieved by Orion’s proprietary technology Broker’s entrustment certificate Governance mechanism.
Pre-verified brokers and exchanges use Orion Broker software to execute trading orders on behalf of users. The system automatically selects traders based on their pledged ORN, and then the smart contract processes the transaction. This ensures that the exchange cannot access the user’s account and grants the user the right to trade DEX, CEX and swap pools without multiple accounts.
Although there are already several other liquidity aggregators, Orion Protocol has consolidated itself as the first and only platform that provides global and decentralized access to the entire crypto market. As the platform advances plans to integrate more chains into its ecosystem, Orion Protocol intends to play a key role in shaping global cryptocurrency adoption.