Kal Ali | March 21 2021
Kal Ali | March 21 2021
Orion Protocol announces keyTango as the latest partner to use the Orion Liquidity Boost Plugin. This integration will provide vast cross-exchange liquidity to the keyTango investment network.
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.
keyTango is a platform which enables new individuals to become involved in DeFi in the simplest of ways. Investing in yield farming and liquidity pools can be a tricky field. The tools presented from keyTango open up investing to a wider audience through ease of use. The project provides a smooth transition and learning curve that newcomers to the crypto space can benefit from.
The Orion Liquidity Boost Plugin serves as a way of dramatically improving the flow of assets through the platform. It boosts resourceful measures for the users to improve their newfound knowledge and apply it in DeFi. Guarantees of solid liquidity in crypto can be scarce, therefore tapping into Orion’s bottomless liquidity counteracts this common issue.
As Orion Protocol combines all major CEXes, DEXes and swap pools in crypto, the growing fleet of B2B solutions means keyTango becomes a part of this expansion. Orion’s unparalleled aggregation ensures greater transactional volume. This has a significant benefit to ORN stakers who can earn rewards for their participation in the Decentralized Brokerage.
“For keyTango to be successful over the long run, having sufficient liquidity is vital. So, we have decided to partner with Orion and explore the Liquidity Boost service. Orion Protocol is developing one of the leading solutions to help bridge the liquidity across both centralized and decentralized exchanges that could deliver bottomless liquidity for keyTango.” Dan Danay, CEO, keyTango.
“The digital asset space can often be a maze for new people coming into crypto. We welcome products like keyTango who try to simplify this. Use of Orion’s Liquidity Boost Plugin gives the team a much greater foundation for success.” - Alexey Koloskov, CEO of Orion Protocol.
This follows LBP partnerships with Polkastarter, MobiePay, PlasmaPay, Fire Protocol, Glitch Finance, Fuse, YFDAI, YOP, Vortex Network, Polkamarkets, and COTI - bringing even more volume and transactions to the Orion network.
Each of Orion’s LBP partners have one thing in common: the need for liquidity in order for their project to become sustainable. 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 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.
KeyTango is a platform to help with a smooth entry into the more detailed aspects of cryptocurrency, like yield farming and liquidity pools for new users. Simplified information and user features make DeFi more inclusive. keyTango makes that happen.