Yanush Ali | August 5 2021
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Polkacover lists on Orion Terminal via Orion Pool
The CVR/USDT pool is now live on Orion Terminal! Users can start providing liquidity, swapping, and trading CVR on the Terminal, directly from their wallet.
LPs who provide liquidity for the CVR/USDT pool will earn 0.3% pools fees, and farming will be enabled next week.
As easily as providing liquidity to the likes of Uniswap or other leading swap pools, any project on integrated chains can list their token on Orion Terminal via Orion Pool. Unlike listing on leading swap pools, listing on Orion Pool provides a number of industry-first benefits to projects, including:
- Global access to asset across CEX + DEX liquidity
- Spotlight feature and marketing support
- Complex order types and charting via Orion Terminal + Orion Swap
- Future access to advanced features like margin and lending
- Native asset farming (of asset and/or ORN)
- Best price across CEX + DEX
- and more in the pipeline.
Any project can create a pool now, with a review process in place initially to manage the on-boarding of new assets. We will remove this vetting process in time to allow any project or individual to instantly create a pool, with regular auditing and reviews in place to ensure the safety of Orion Terminal users. Learn how to create a pool here.
This pool follows our recent partnership with Polkacover, which will enable decentralized insurance cover for Orion Terminal users and safe-guard them from any unlikely vulnerabilities. Insurance products will offer coverage for hacks of connected exchanges, legal fees, phishing attacks and more.
“We are absolutely thrilled to launch our pool on Orion Protocol. We strongly believe in what the team has built and are confident that PolkaCover and Orion Protocol will provide a trade journey to the crypto community that will set new standards of safe trading in the crypto world."
- Kunal Sadani, CEO + Co-Founder of Polkacover
Stay tuned for more listings to come.
About PolkaCover:
Polkacover is the First DeFi insurance marketplace for the global crypto ecosystem. Their aim is to lower transactional and administrative costs of insurance policies and coverage while providing high value, cost-effective insurance products for the crypto world.
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