Orion Protocol will be continuing the pre-staking beyond the campaign at 20% APR for another month. The previous APR of 39% will continue for the following 7 days. The change in CEX staking rates will supplement an upcoming increase in LP rewards as we move towards decentralized staking ahead of main net.

Orion Protocol is the DeFi platform building B2B and B2C solutions on the most advanced liquidity aggregator in market. The protocol aggregates the liquidity, order book depth, and price discovery from every centralized and decentralized digital asset market. Orion Protocol has built an array of industry-critical solutions for traders, blockchains, exchanges, and crypto projects on the protocol, powered by the ORN token.

On July 22nd, Orion Protocol developed an initiative to facilitate and incentivize staking of its ORN token prior to public Main Net launch in Q4. Through a lucrative multi-exchange pre-staking program, Orion Protocol’s ORN token could be staked on BitMax and KuCoin for staking rewards at a 39% est. APR for the past three months. 

Over the three month pre-staking campaign we've seen an ATH of 70% staked. After recent token releases, 41% of circulating supply currently staked on CEXs.

Stake your ORN on CEXs, or participate in LP mining with unprecedented APR and greater security.

Stake on BitMax | Stake on KuCoin | Liquidity Mining Program 

In addition to its existing multi-exchange pre-staking initiative, Orion Protocol launched a liquidity mining program on Uniswap to provide a decentralized alternative.

Beginning on October 16th, the program is rewarding ORN Liquidity Providers (LPs) on Uniswap with 30,000 ORN per week for ORN/ETH. This reward amount will be distributed proportionally to the amount of liquidity each person provides, therefore the APR per person will depend on how many LPs participate.

Exactly one month after the official start of the LP Reward Program, Orion Protocol will implement a time-based reward system for LPs beginning on November 16th to further incentivize long term liquidity providing. From November 16th, there will be an 80/20 split of the LP reward pool of ORN. 80% will be distributed proportionally to all LPs who commit liquidity to Uniswap, while 20% of LP rewards are reserved for those who have continuously provided liquidity for the previous month, starting from the 16th of October.

Orion Protocol will calculate this additional incentive based on the minimum amount of liquidity that each person provided in the previous month. This program will remain in place for each subsequent month, therefore rewarding long term LPs who continuously provide liquidity each month.

This decentralized liquidity mining program has an APR of 157%* and has seen 574,049 ORN staked so far.

Learn how to become a liquidity provider.

Earn as a liquidity provider.

Currently 5,690,853 ORN have been staked across our pre-staking and liquidity mining programs, amounting to 45% of the circulating supply.

*at time of writing.

Orion Terminal is nearly here. Sign up to gain beta access.