What is Orion Protocol (ORN)? Here is the Crypto Currency ORN Coin in All Details

What is Orion Protocol (ORN)?

Orion Protocol allows its user to access liquidity non-custody from both centralized and decentralized exchanges.

Orion Protocol products include:

Orion trading terminal: execution of trades on different exchange platforms for traders and investors.

Portfolio management application: Tracking assets in stock exchanges, setting alarms for arbitrage opportunities and automating transactions without supervision.

App Store: Purchase of decentralized apps such as arbitrage apps, algorithmic trading bots, and payment integration systems.

Liquidity plugins for exchanges: Plugins for placing both centralized and decentralized exchanges on their platforms, contributing to Orion’s bulk liquidity.

DEX launcher: Allows users to launch their own decentralized exchange with access to Orion’s liquidity.

ORN, the ERC-20 token of the Orion Protocol, has the following utility:

Broker staking: Liquidity providers (brokers) deposit ORN tokens to participate in a liquidity pool. The more ORNs they deposit, the higher the chance to fulfill orders, which creates fees for the broker.

Staking rewards: Non-middlemen will be able to get ORN for staking to vote for brokers and collect some of the fees from brokers’ transactions.

Discounts: Fee discounts will be applied when ORN is used to pay within the Orion Terminal.

License fee: License fee will be taken from Liquidity Boost Plugin, DEX kit and Enterprise Trade Widget.

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