DAOventures joins as first Orion DEX Kit partner, supported by endless liquidity from Orion Liquidity Boost Plugin

Orion Protocol announces DAOventures as the first partner to use Orion DEX Kit, a whitelabel DEX solution for crypto projects. DAOventure’s newly created DEX will be further supported with endless liquidity via Orion Liquidity Boost Plugin.

Orion Protocol will aggregate the liquidity of every crypto exchange into one decentralized platform providing a decentralized gateway to the entire market. Its enterprise solutions for crypto projects, blockchains, and exchanges include Orion DEX Kit: a whitelabel DEX solution for crypto projects, and Orion Liquidity Boost Plugin: bringing endless liquidity to exchanges immediately, from every CEX, DEX, and swap pool.

DAOventures is a DeFi robo-advisor and automated manager platform - the simplest and best way to invest and manage your portfolio. The project’s ideology from a fundamental standpoint is that of uniqueness, security, trust, simplicity and localization. DAOventures’ mission is to make DeFi simpler whilst also being accessible and inclusive. The team is creating an open world approach that requires no permissions, whilst also being inclusive. Their DNA of continuous learning maintains integrity and transparency.

Crypto projects need an ecosystem to be sustainable, but building a DEX from scratch can be extremely costly and time-consuming. Through Orion’s DEX Kit, DAOventures’ will create a DEX in a matter of hours through a simple process:

  • Set up: The solution features customized UI components easily tailored to DAOventures branding. Furthermore, projects like DAOventures can adjust trading parameters, including order fees, transaction fees, matcher address, and relayer strategy.
  • Plugin: Projects like DAOventures can write a custom coded connector, or use pre-defined abstracting blockchain operations to create a bespoke blockchain plugin.   
  • Integrate: Wallets for specific blockchains are integrated (DAOventures is built on both ETH and Polkadot), while smart contracts are implemented for atomic swaps.  
  • Connect: By connecting DAOventures’ newly created DEX to Orion Liquidity Boost Plugin, DAOventures will have access to every major source of liquidity in market, across every major centralized and decentralized exchange. 

Every single transaction made via DAOventures’ DEX will result in a transaction on Orion Protocol met with regular fees, adding to Daily Protocol Volume. ORN staking rewards are generated via transactions on the protocol, and will therefore increase through B2B partnerships such as this.

Furthermore, DAOventures’ DeFi robo-advisor and automated manager will be integrated into Orion Terminal, providing AMM DeFi investment strategies to Orion traders. 

”With the depth of accessibility that our DEX Kit provides, coupled with the unrivaled liquidity that our Plugin provides, it is important to see quality projects like DAOventures adopting a kindred open approach in DeFi. This cooperation heightens the experience for many users in the DeFi landscape.” Alexey Koloskov, CEO of Orion Protocol.

"We partnered Orion Protocol as they are they best in class in trading solution, aggregating liquidity from all major exchanges, centralized + decentralized: providing rich trading tools in one easy to use platform. Together we can can add more rocket fuel towards our common mission to bring DeFi to the masses." Alvin Foo, Co-founder DAOventures

This follows recent partnerships with Polkastarter, MobiePay, PlasmaPay, Fire Protocol, Glitch Finance, Fuse, YFDAI, YOP, Vortex DeFi, DuckDAO, DAOMaker, Poolz, and COTI - bringing even more volume and transactions to the Orion network. Each of Orion’s partners have one thing in common: the need for liquidity in order for their project to become sustainable. Clients are hand picked and fully vetted as top quality partners focused on user base growth as a key metric of success. Every transaction on partner exchanges using Orion liquidity will result in a transaction on the Protocol met with regular fees, adding to Daily Protocol Volume. ORN staking rewards are generated via transactions on the protocol, and will therefore increase through B2B partnerships.

About DAOventures

DAOventures is a robo-advisor that allocates pooled crypto funds based on Ethereum smart-contracts. It automatically invests into DeFi protocols and generates returns for the liquidity pool.

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