Kal Ali | February 10 2021
Kal Ali | February 10 2021
Orion Protocol announces Fuse as the sixth partner to utilize Orion Liquidity Boost Plugin. This integration will further bolster FuseSwap’s growth by providing cross-exchange liquidity on multiple cryptocurrency pairs, including USDT, DAI, USDC, EURS, WETH, WBTC, ORN, and FUSE.
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 built on the protocol include Orion Liquidity Boost Plugin: bringing endless liquidity to exchanges immediately, from every CEX, DEX, and swap pool.
Fuse is focused on bringing the power of DeFi to millions globally, allowing companies and communities to enable secure and friction-less mobile payments with ease. As well as serving the general crypto community with high speed, low cost swaps, FuseSwap is perfectly positioned to provide users around the world with exposure to major currencies and otherwise difficult to access assets, using stable coins as a gateway. As usage continues to increase, and with more and more high value projects building on Fuse, it is important that scalable liquidity solutions are made available to ensure frictionless growth.
Leveraging Orion Liquidity Boost Plugin upon launch, FuseSwap users will gain immediate access to substantial liquidity: reducing slippage across multiple pairs, aiding cost effectiveness, and improving user experience. Preference will be given to liquidity provision on leading stable assets like USDT, USDC and DAI, as well as top 10 crypto assets like WETH and WBTC. Orion Protocol’s native ORN token will also be made available on FuseSwap, alongside a program in which ORN holders can earn FUSE token for adding to liquidity pools.
Scalable liquidity is key to ensuring frictionless swapping experiences on FuseSwap and long term value for the growing number of micro economies and alternative currencies launched on the platform. Orion Protocol is focused on building a sustainable future for crypto, having formed alliances with leading brokers and infrastructure partners across the industry to develop market-leading hybrid liquidity aggregation - this integration brings Fuse one step further towards its goal of onboarding millions of everyday individuals worldwide to open-source, non-custodial money.
"Sufficient liquidity is the beating heart of any functional decentralized financial ecosystem. Orion, is developing one of the leading solutions to help bridge this infrastructure from the centralized trading world to decentralized use cases such as FuseSwap."
Isaac Rodgin, Business Development Director of Fuse
“We’re incredibly pleased for Fuse to be utilizing Orion Liquidity Boost Plugin. Together, we will tackle the industry-critical issues of accessibility, scalability, and liquidity in order to achieve our collective goal: onboarding millions of individuals globally to open-source, non-custodial finance.”
Alexey Koloskov, CEO + Co-Founder of Orion Protocol
Each of our LBP partners have one thing in common: the need for liquidity in order for their project to become sustainable. Our LBP clients are hand picked and fully vetted as top quality partners focused on user base growth as a key metric of success. Every transaction placed on partner exchanges like FuseSwap using Orion liquidity will result in a transaction on the Orion Terminal met with regular terminal fees, adding to terminal volume. ORN staking rewards are generated via transactions on the terminal, and will therefore increase alongside terminal volume. Therefore, every new LBP partner brings an increase in staking rewards on the terminal.
Fuse is focused on bringing the power of DeFi to millions globally, allowing companies and communities to enable secure and friction-less mobile payments with ease. The Fuse chain is an Ethereum sidechain designed specifically to replace traditional means of exchange and make payments on the blockchain more accessible for mainstream audiences.
About Orion Protocol
Built on the most advanced liquidity aggregator ever developed, Orion Protocol aggregates the liquidity of every single crypto exchange into one decentralized platform: providing a singular, non-custodial, gateway to the entire digital asset market. By providing access to the digital asset market in one place, Orion is building a protocol on which to bridge the worlds of crypto, traditional finance, and real world assets.