Timothea Horwell | July 21 2020
Timothea Horwell | July 21 2020
Leading digital-asset trading platform MXC joins the likes of BitMax, AcheronTrading, and Eureka Trading as a founding broker on the Orion network. In a series of partnerships with major exchanges, OTC desks, and market-makers, MXC joins the protocol’s latest initiative to monetize exchange liquidity through staking.
Orion Protocol is the DeFi platform building B2B and B2C solutions on the most advanced liquidity aggregator ever developed. The protocol aggregates the liquidity, order book depth, and price discovery from every centralized and decentralized digital asset market, enabling the creation of the Orion Terminal, and an array of industry-critical solutions for consumers and businesses.
Governing Orion Protocol is the proprietary staking mechanism Delegated Proof of Broker, fulfilling every function via a decentralized brokerage with Orion's ORN token at its core. The decentralized brokerage is comprised of a network of third-party brokers chosen to carry out all transactions on the platform. Brokers run Orion Broker Software, automatically executing trades routed from Orion's liquidity aggregator.
As the world’s leading digital asset trading platform, MXC saw the broker network as an innovative and lucrative opportunity for driving revenue and expansion. Meanwhile, Orion Protocol was astutely aware of the liquidity, volume, and assets that “The Most Popular Trading Platform” could bring to the protocol.
This mutually beneficial partnership brings immense value to Orion users: as a broker, MXC will enrich the Orion ecosystem with increased liquidity for spot trading, margin trading, leveraged ETF and contract trading services, as well as a large and valuable community for PoS staking services. Meanwhile, joining as a broker will enable MXC to monetize idle assets and offer a decentralized solution to their centralized orderbooks.
MXC Exchange is one of the world’s leading digital-asset trading platform. The core members of the team come from world-class enterprises and financial companies, who have rich experience in blockchain and financial industries. It‘s able to offer users one-stop services regarding digital assets, including spot, margin, leveraged ETF and contract trading services, as well as PoS staking service. It not only puts together an experienced safety team, but also works with top-notch security companies to fully ensure the safety of user’s assets. MXC gained burgeoning growth in 2019, which accounted for 5% of the global digital-asset market. It was awarded by professional blockchain media the titles of “The Most Popular Trading Platform” and one of the “Best Trading Platforms”.
Built on the most advanced liquidity aggregator ever developed, Orion Protocol solves some of the largest issues in DeFi by aggregating the liquidity of the entire crypto market into one decentralized platform. This underpins each solution built on the protocol, including revolutionary trading solution Orion Terminal - aggregating the liquidity of the entire crypto market on one decentralized platform - as well as a suite of enterprise solutions for blockchains, exchanges, and crypto projects. Their roadmap also includes a price oracle and a high-margin DEX. Orion has ensured deep utility of its native ORN token across the entire protocol, integrating it into all main transactions to take the form of an internal currency or utility token.