ONE WEEK UNTIL ORION POOL AND PRE-STAKING

• On June 22nd, Orion Pool will be live on Orion Terminal, creating a single UI for:
  • Swapping and trading
  • Staking and governance voting
• Main Net Pre-Staking liquidity will create Orion Pool, Orion’s AMM: allowing assets to be traded on Orion Terminal via liquidity pools.
• With this launch, Orion Terminal becomes the only trading platform to enable decentralized access to CEXs + swap pools in one place. Orion will always route all orders to the liquidity source with the best price.
• Orion has built an arbitrage SDK to allow traders to easily configure their bots for Orion Pool.
• Starting next month, any project can list on Orion Pool, increasing assets and pairs exponentially. A significant number of third parties are lined up to self-list on Orion AMM Pool already. Orion will soon integrate leading swap pools like Uniswap, PancakeSwap, and SushiSwap to add significantly more liquidity to the Terminal.
• Orion Pool and pre-staking will initially be on both ETH and BSC. As more chains are integrated (with Cardano, Fantom, Polkadot, Avalanche, Elrond, and HECO upcoming), this will expand to include their native assets.

Orion Pool: The First to Combine CEX and Pool Liquidity

Orion Protocol was born out of a goal to decentralize the major source of liquidity in the market: centralized exchange liquidity. For the first time, centralized exchange liquidity from the likes of Binance and KuCoin can be accessed in a decentralized manner, directly from traders’ wallets. Now, our mission has evolved: to aggregate the entire digital asset market into one decentralized platform. The launch of Orion Pool takes us one step closer to that goal.

We have developed our own AMM solution, Orion Pool, allowing assets to be traded on Orion Terminal via liquidity pools rather than a traditional market of buyers and sellers. Orion Pool will be fully integrated into the Terminal, allowing traders a single UI for trading, swapping, staking, and governance voting. Additionally, Orion will soon be integrating leading swap pools like Uniswap, PancakeSwap, and SushiSwap to add significantly more liquidity to the Terminal. 

Through this development, Orion Terminal is the only platform that allows decentralized access to both centralized exchanges and swap pools in one place. As usual, Orion will route all swap orders to the liquidity source with the best price: orders can even be split across multiple exchanges and liquidity sources to achieve the best possible price.

Every liquidity pool presents a substantial source of liquidity for arbitrage opportunities between centralized and decentralized liquidity sources. On top of the opportunity to capitalize on price discrepancy arising from different exchange order books aggregated into one place, Orion Protocol has built an arbitrage bot SDK, allowing traders to easily configure their arbitrage bots for Orion Pool.

Driving Significant Liquidity and Volume to Orion Terminal

Orion Pool will launch with four ORN pools: ORN/ETH, ORN/USDT, ORN/BUSD, and ORN/BNB.

Going forward, any project can ‘self-list’ on Orion Pool. A significant number of third parties are lined up to self-list on Orion AMM Pool already - from million to billion dollar market cap projects. This will enable liquidity for new assets and pairs to be added to the terminal, increasing assets and pairs exponentially. 

Self listing on Orion Pool will enable worldwide access of assets and visibility to a global audience, more complex order types on Orion Terminal than leading swaps (including limit orders), cross-trading against over 1,000 trading pairs via complex swap, unique arbitrage opportunities across decentralized and centralized liquidity sources, access to Orion’s partners, and co-marketing opportunities. 

Orion Pool will be compatible with ETH and BSC. As more chains are integrated (with Cardano, Fantom, Polkadot, Avalanche, Elrond, and HECO soon to be integrated), this will expand to include their native assets.

Main Net Pre-Staking: Lucrative Rewards For Stakers From June 22nd

Orion's Main Net Pre-Staking will be live with the launch of Orion Pool. As either Liquidity Providers or Governance Stakers, ORN token holders will be able enjoy staking rewards, governance, and added utility directly from the Terminal, without losing custody of their ORN. 

• Orion Pool will launch four ORN pools: ORN/ETH, ORN/USDT, ORN/BUSD + ORN/BNB
• Orion Pool is made up of Liquidity Providers + Governance Stakers. 
  • Liquidity Providers (multi-asset staking)
    • Receive Liquidity Mining rewards, spread across the multiple ORN pools (BNB, BUSD, USDT, ETH)
    • LPs provide 50:50 ORN and the matched asset.
    • Liquidity providers for Orion Pool will benefit from multiple sources of income: swap fees from the AMM pool, farming rewards via Orion’s Liquidity Mining program, and ORN staking rewards generated from all of Orion’s products.
    • This will yield higher APRs, but as per any liquidity pool, impermanent loss can occur.
  • Governance Stakers (single-asset staking)
    • Earn rewards by ‘voting’ with ORN on the pools to receive higher rewards.
    • Liquidity Mining rewards will be spread between each pool according to the amount of votes they have, allowing ORN holders to determine the rate of rewards each pool receives.
• On top of staking rewards, Orion Pool fees (0.3%) will be shared back to participants, with ⅔ going to Liquidity Providers and ⅓ going to Governance Stakers.
• There is no minimum or maximum ORN to stake, nor any minimum or maximum lock up period.
• For existing LPs on Uniswap, we’ve created a module to make it easy to transfer liquidity from Uniswap in the click of a button. This will enable existing LPs to automatically transfer liquidity, making it significantly easier to pre-stake. For existing CEX stakers, we are allowing for a 7 day unstaking period ahead of launch on June 22nd.
• Guides on how to stake will be released prior to launch to enable users to familiarize themselves with the platform.

Stay tuned for much more coming in the following week.