
Kal Ali | March 8 2021
Kal Ali | March 8 2021
With a collective mission to tackle the barriers to widespread adoption of the crypto industry, Orion Protocol and COTI have joined forces. Orion Protocol will drive limitless liquidity to the COTI network via Orion Liquidity Boost Plugin, while COTI will enable greater accessibility of Orion Protocol via COTI Pay.
Built on the most advanced liquidity aggregator ever developed, Orion Protocol will aggregate the liquidity of every crypto exchange into one decentralized platform, providing a universal gateway to the entire crypto market. With 17 revenue streams and counting, Orion's native token ORN has unrivaled utility across the Orion ecosystem, comprised of enterprise solutions for crypto projects, blockchains, and exchanges such as Orion Liquidity Boost Plugin: bringing endless liquidity to crypto projects immediately, from every CEX, DEX, and swap pool.
COTI is a fully encompassing “finance on the blockchain” ecosystem, specifically designed to meet the challenges of both centralized finance (fees, latency, global inclusion, and risk) and DeFi (fees, clogging, and complexity) by introducing a new type of DAG based base protocol and infrastructure that is scalable, fast, private, inclusive, and low cost. COTI-X is the instant settlement layer of all forms of value on the COTI network for users, consumers, and merchants alike and is powered by the various COTI-X liquidity pools.
Orion Liquidity Boost Plugin will enable COTI-X immediate access to any source of liquidity in the market, from all centralized and decentralized exchanges, enabling virtually limitless liquidity and tight spreads on all currencies within the COTI ecosystem. COTI-X forms a critical part of the overall COTI ecosystem, allowing COTI to bootstrap and supply liquidity to both the COTI network and external networks in a manner not previously possible. As such, Orion will play an integral role in bolstering the growth of the COTI network.
COTI Pay can process all payment types, both online and offline, including crypto and stable coins, credit cards, and a merchant’s native coin. Orion Protocol will become a COTI Pay Merchant, furthering fiat onramp to Orion Terminal through the integration of ORN, Orion’s native token, into COTI's fiat processing gateway and wallets. Terminal users will benefit from quick and safe payments, zero FX fees, and buyer-seller protections. The integration also has the potential to unlock further functionality of the ORN token including loyalty points and cashback rewards, as well as borrowing and lending via Celsius Network which is integrated into the COTI platform.
“An internet-scale payment network requires internet-scale liquidity,” said Orion Protocol CEO Alexey Koloskov. “Providing endless liquidity from across the entire crypto market to the COTI network will bring immense value to their already impressive infrastructure, enabling tight spreads on all currencies within the COTI ecosystem. Meanwhile, every transaction on the COTI network via this liquidity will add to Orion’s Daily Protocol Volume – increasing rewards for ORN stakers.”
COTI’s “finance on the blockchain” ecosystem is designed to meet the challenges of both centralized finance (fees, latency, global inclusion and risk) and decentralized (fees, clogging and complexity) by utilizing a DAG-based protocol that is scalable, fast, private, low cost and optimized for finance. COTI Pay can process all payment types, both online and offline, including crypto and stablecoins, credit cards, and a merchant’s native coin.