Kal Ali | April 8 2021
Kal Ali | April 8 2021
Orion Protocol, the decentralized gateway to the digital asset market, announces Equalizer as the latest Liquidity Boost Plugin partner, providing cross-exchange liquidity to the flash loan platform. Meanwhile, Equalizer will provide additional utility to the ORN token: holders will be able to deposit ORN into Equalizer’s vaults for access to flash lending/borrowing.
Orion Protocol is building the decentralized gateway to crypto. In time, it 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 built on the protocol include Orion Liquidity Boost Plugin: bringing endless liquidity to projects immediately from across the digital asset market.
Equalizer is the first dedicated flash loan platform meant to offer tailored services to DeFi users seeking flash loans. Orion Protocol will provide Equalizer access to unlimited cross-exchange liquidity from across the digital asset market, strengthening their offering significantly to facilitate their growth and sustainability.
Furthermore, Orion users will be able to deposit Orion’s native token ORN into Equalizer’s vaults making available the flash lending service. ORN holders will benefit from low fees, highly available liquidity, extensive documentation, and multi-chain and cross-chain capabilities.
Through aggregating multiple exchange orderbooks into the most advanced liquidity aggregator, arbitrage opportunities are common on Orion Terminal. Integrating ORN into Equalizer’s vaults will increase the volume of ORN transactions by empowering traders to take advantage of additional arbitrage opportunities.
"Our partnership with Orion Protocol is a critical step in furthering our initiative to offer better flash loan services. We believe that with this collaborative effort, we can create a greater impact on the entire DeFi community. We are excited to see the changes we can bring through this partnership." — Julian Nita, Project Lead of Equalizer
"A partnership with Equalizer is the right step in our mission to offer seamless services in the DeFi ecosystem. It’s mutually beneficial: we will provide liquidity to their platform through Liquidity Boost Plugin, while this adds additional utility to our native ORN token, enabling holders to capitalize on Equalizer’s flash lending service and take advantage of further arbitrage opportunities." — Alexey Koloskov, CEO of Orion Protocol
This follows recent partnerships with Polkastarter, MobiePay, PlasmaPay, Fire Protocol, Glitch Finance, Fuse, YFDAI, YOP, Vortex DeFi, DuckDAO, DAOMaker, Polkamarkets, Poolz, COTI, and more - 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 platforms 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.
Equalizer is the first dedicated flash loan platform built to have a scalable infrastructure that can handle the rising demand for decentralized flash lending and borrowing. It offers several benefits over the popular do-it-all DeFi protocols and sets itself a class apart by offering lower fees, a virtually unlimited choice of token vaults, high liquidity through yield farming, and multi-chain capabilities.