Orion AMA Recap

Orion AMA Recap

CryptoDiffer team

We are glad to meet here 

Alexey Koloskov (@koloale ), CEO and Co-Founder at Orion Protocol

Kal Ali (@kal3885), COO and Co-Founder at Orion Protocol

Let`s start from the first introduction question:

 

Q1: Can you introduce yourself to the community? What is your background and how did you join Orion Protocol?

Kal Ali
COO

Hi! My name is Kal and I’m proud to be COO and co-founder of Orion. I have a background in business and went to Rutgers Business School for finance. I got into crypto in 2017 and immediately immersed myself in the space, working with several blockchain projects both formally and informally – consulting and advising. In 2018, I began advising Holdvest and became very involved as I saw such incredible talent from Alexey. I was far more involved than a typical advisor, so was brought on as a core team member – and eventually COO. Together, we evolved the Holdvest project into Orion, and we’re so excited to show everyone what we’ve been working so hard on.

 

Alexey Koloskov
CEO

Thanks again! I’ve been in the crypto/blockchain space since 2016. I started my journey in the crypto space with Waves platform in 2016, prior to which I was creating banking software (specifically Internet banking solutions) for large International banks. In 2017 I created and launched Waves DEX, the platform’s flagship decentralised exchange. It is the most mature DEX out there with daily volume up to $10mln now. Orion was born as our endeavour to improve the existing crypto trading and the full understanding of the need for an intermediate solution that fills existing gaps between centralized and decentralized worlds.

 

CryptoDiffer team

Q2: Can you briefly describe what is Orion Protocol in 3-5 sentences?  What technology stands behind Orion Protocol and why it’s better than the existing one?

 

Alexey Koloskov
CEO

We’re an all-in-one DeFi platform providing a universal trading gateway to all crypto markets, with unlimited liquidity. Powered by a unique liquidity aggregator, which connects to all major exchanges, both centralized or decentralized, we bring unrivalled liquidity from major centralized exchanges via our shared pool of brokers, and make it available for trading in a decentralized way.

Built on decentralized technology (atomic swaps, blockchain, staking, lightning etc), our liquidity aggregator, as well as our own internal matching engine, to enable users to gain the best price for their trades from a single place. We see Orion as a powerful trading terminal that does not compete with other exchanges. Instead of competing, we unite their order books to solve the issue of liquidity in crypto.

Based on peer-to-peer trading technologies, we bring together traders, those who want to trade easily and efficiently on all crypto markets, with brokers, those who want to earn guaranteed trading fee income for fulfilling orders on behalf of traders. We’ve built industry first DeFi solutions on our liquidity aggregator, with our broker/staker system and ORN token at its core.

 

CryptoDiffer team

Q3: What about Orion excites you most?

Kal Ali
COO

Hey! Sorry it seems like the question changed but I’ll answer this current question of what excites us! 🙂

I know this phrase is thrown around in this space so often, but we truly do believe we are an industry-first, with the mission of solving some of the most critical and real-world problems in crypto: liquidity, custody, accessibility, and scalability. 

To us, this is especially important after the recent attacks on the likes of bZx, blocked user accounts, and centralized exchange hacks. There have been a number of attempts at solving these issues, yet no platform has solved all four so far… Until now!

The decentralized liquidity aggregators in the market pull from decentralized exchanges only,  leaving out a major source of  liquidity from centralized exchanges. The liquidity aggregators that do pull from centralized exchanges are themselves centralized, custodial solutions – which we believe to be inherently anti-crypto.  

Most decentralized aggregators carry ERC20 tokens only, while those that are multi-chain are custodial and not decentralized.  Swapping protocols have become popular too, yet the pools are often not large enough to sustain increasing demand. Some token pools could be wiped out with as little as a single $5k order.  

I’m excited because I truly believe Orion to be the solution to some of the industry’s most pressing issues.

 

Cryptodiffer Community

How is Orion planning into protecting agains attacks from malicious actors/brokers, attacks simmilar to the bZx exploit that can steal liquidity from the protocol ?

Why does Orion have a token, what is your revenue stream and is that revenue tied in some way to the token ?

 

Alexey Koloskov
CEO

We agree, the only way to create an efficient and stable market is to bring centralized liquidity to the decentralized world. Strictly on-chain liquidity solutions (bZx, Kyber, Uniswap) will never be efficient enough to sustain the market, and the recent attacks on bZx proved just that. Low liquidity of decentralized exchanges, and price oracle manipulation were the two main factors to those attacks. These types of attacks would be IMPOSSIBLE on Orion,  since it brings immense liquidity from all major centralized exchanges. Protocols need to use high quality oracles instead of direct on-chain DEXs, which is exactly what Orion achieves providing high liquidity for all trading pairs.

This above answering several questions regardign recent bZx attacks

 

Cryptodiffer Community

Orion protocol has managed to secure several partnerships with different projects like Holochain, plutusdefi and many others too numerous to mention. However, with blockchain sector rapidly evolving, several projects are springing up from different angles all sharing the same goal. This make it difficult to keep up with the latest trends and industry solutions, especially when everyone claims that their approach is the best. 

What criteria does Orion protocol follows in ensuring that you weed out scam projects in order to find true quality partners that would contribute hugely to the success of your project?

Kal Ali
COO

Wonderful question! My role at Orion is overall business development. I specialize in securing and forming partnerships. Each of the companies that we partner with are fully vetted and come from real world relationships. Plutus for instance, I had the pleasure of meeting Ali and Arnie in London over the holidays. Holochain, has been a project that I’ve admired for some time and have helped with fundraising during their ico. Not to mention David Atkinson is a mentor to me in the space! I’m lucky to be able to have secured such a wonderful network and our partnerships are made from our personal contacts. 

We have many, many more partnerships coming 🙂

 

Cryptodiffer Community

Q1: You know; IOTA team stopped the network becaıuse of stolen between $300K and $1.2M Tokens  on IOTA network and bZx team paused the contract after bZx exploitation. So in this cases, is it possible to pause or stopped Orion’s network? If yes, how this can be DE-CENTRALIZATION? Please convince me that blockchain/DeFi really prevent CENTRALIZATION and brings DE-CENTRALIZATION?

Alexey Koloskov
CEO

It’s clear the future should be decentralized (after all, it’s what the industry is fundamentally built on), it’s impossible to ignore the fact that big traders, hedge funds, and markets markers are still trading on CEXs. We’re combining the two worlds.

Cryptodiffer Community

My question is, What was the biggest achievement you are most proud of? Why create Orion Protocol and Plutus DeFi the most profitable staking mechanism in DeFi ?

Alexey Koloskov
CEO

Staking interest depends on the trading volume executed on the Orion platform as well as lending reward through our partners from decentralized lending platforms. So if someone were to stake tokens on the most profitable lending platform and at the time it is Compound and earn 10% interest, if they were to stake their tokens on Orion instead, they’d earn the same 10% interest from Compound PLUS the reward share from our Orion transaction fees. 

That’s all makes Orion staking the most profitable platform in space.

 

Cryptodiffer Community

Q: As a cryptocurrency Trader, Whats the benefits of Orion protocol to me or any traders and how we can generate passive income from Orion protocol?

Kal Ali
COO

ORION Terminal seamlessly aggregates endless liquidity across all major exchanges, centralized + decentralized, allowing you to buy or sell your assets at the best price, every time. You can trade with the liquidity of the entire crypto market while still having custody of your assets.

When it comes to passive income, by staking ORN tokens in our shared liquidity pool, you’ll earn rewards as either a Broker or Non-Broker Staker. Your stake will then be further monetized as part of our Shared Liquidity Pool by Plutus’ lending aggregator, providing the best rates in the market at any given time from Compound, Fulcrum, etc. 

So, you’re getting rewards for staking your tokens in our SLP, PLUS the most profitable lending rates through Plutus further monetizing our SLP, for the most profitable staking in DeFi.

Cryptodiffer Community

Hi I’m Ak into the project but after reading the white paper I do find this project very interesting. Are there any means of getting involved be it through a token sale or presale or alpha testing. I’ve actually personally been exploring a few projects within the market but would like to know if I can speak to anyone within the orion protocol team through dm or Whatsapp?

I’d like to know orion more about the go to market plan and how the team aims to scale an ethical business model while hopefully building sustainable revenue streams.

Alexey Koloskov
CEO

Thanks Ak, Please send any inquiries regarding participation in private sale via the form: https://orionprotocol.io/#contacts or by email: tokensale@orionprotocol.io

 

Cryptodiffer Community

Why did you choose to go with ETHERUM blockchain, instead you can create your own! What’s your concern in Scalability?

Alexey Koloskov
CEO

Essentially, Orion is blockchain-agnostic protocol, which can work on different publick blockchains. We started with Ethereum as the most widespread now as reference implementation, but also looking for other alternatives that provide more throughoutput and performance.

 

Cryptodiffer Community

Do you see the utility value of Orion to create a robust market demand for the tokens or will other factors lead to relayers turning to other tokens or methods to be compensated? You discussed parallel contracts to use other tokens for fees as costing more gas etc. in the Slack but I’m still finding it a bit difficult to gauge demand for Orion, even if the protocol itself and its functionality may be great. Thanks

Kal Ali
COO

Many times there are projects that offer a token with no real use or need for the token in order for the platform to work. 

Orion is not one of these kinds of projects. 

With Orion, every function is underpinned by our staker/broker structure and the Orion token at the center of it all. Without the token, the project wouldn’t work. 

This is why we are proud to announce that upon our token unlock, we will have a fully working product that will utilize the ORN token for all functionality.

 

Cryptodiffer Community

Can you tell us about Orion Trading Terminal? How does Orion Trading Terminal work?

Alexey Koloskov
CEO

It allows trading by connecting your cold wallet (via MetaMask and other wallets) and executing your order for the best price among multiple connected exchanges. Thus being the most profitable trading platform than any single exchange.

Cryptodiffer Community

Your main direction is DeFi. Will it have any significant role in crypto adoption? How do you see the future of it? 

Kal Ali
COO

We believe Orion’s suite of DeFi products is essential for the mass adoption of crypto. Orion Enterprise Trade, or “OET” is a perfect example of this. Non blockchain clients often have trouble having to pay for services using the token of a crypto company. OET provides a middle layer between crypto utility projects and all available liquidity on the markets, enabling enterprise clients to purchase tokens directly from the project’s platform. The token originates from exchanges, returning purchased tokens to the client for immediate use. Enterprise clients will enjoy seamless and quick token purchases from the open market without ever using an exchange.

 

Cryptodiffer Community

There are already Huge number of project came in past year which are also working on DeFi… But, whats the role of Orion protocol in DeFi / What you want to build on DeFi?

Also, what you think about Future of DeFi ? Can DeFi will beat Traditional Finance which is currently much bigger tha DeFi?

Alexey Koloskov
CEO

Orion provides a number of DeFi products(Trading Terminal, Liquidity Boost Plugin, Orion Enteprise trade, DEX launch Kit), which are built on its protocol, toghether with staking mechanism via our shared liquidity pool and partnered decentralized lending platforms.

Kal Ali
COO

By the way, some have asked us who we consider to be competitors. Although no one is doing anything that we are doing, there are some that are doing parts. 

Here is a little cheat sheet from one of our decks that show how well we stack up against competitors.  

For access to the full deck, join our telegram and shoot us a message. We’d be happy to share 🙂

I think it’s quite clear our advantages over the other solutions out there

Cryptodiffer Community

How does Orion Protocol solve the Blockchain problem?

Kal Ali
COO

Blockchain isn’t the problem, it’s the solution

Cryptodiffer Community

What is the main benefits of Decentralized Finance as current centralized Finance works great now ! Why do you think DeFi is better option that current Finance?

On which types of Businesses & userbase, Orion project is mainly focusing on and which services are provided by Orion protocol to them? How Orion protocol blockchain helps Businesses?

Alexey Koloskov
CEO

Are you sure about this? 😱We all hear constant news here and there that accounts of users were blocked, some centralized exchange was hacked, or the team ran away with users money.

Cryptodiffer Community

Inevitably orion protocol faces agains competitor like Etoro, IQ option and other similar projects, what is you market-competitive advantages?

Kal Ali
COO

The largest problems in the space are liquidity, custody, accessibility, and scalability. There have been many attempts at solving these issues from our competitors, yet no platform has solved all four. 

The decentralized liquidity aggregators in the market pull from decentralized exchanges only,  leaving out a major source of  liquidity from centralized exchanges. The liquidity aggregators that do pull from centralized exchanges are themselves centralized, custodial solutions – which we believe to be inherently anti-crypto.  

Most decentralized aggregators carry ERC20 tokens only, while those that are multi-chain are custodial and not decentralized.  Swapping protocols have become popular too, yet the pools are often not large enough to sustain increasing demand. Some token pools could be wiped out with as little as a single $5k order.  

We’re combining the two worlds of crypto: building on decentralized technologies in the most critical parts of the system like custody and final settlement, while pulling liquidity from the major players in market – centralized exchanges. We haven’t just built a protocol, we’re building real-world DeFi products on top of it for businesses and retail customers alike.

Take a look at how we fare vs. our competitors abov

Cryptodiffer Community

Can you list 1-3 killer features of Orion Protocol that makes it ahead of its competitors?

What is the competitive advantage your platform has that you feel most confident about?

Alexey Koloskov
CEO

1. Fully decentralized 

2. Non custodial

3. Best price always

4. Cross chain (not just ERC20 but every token) 

5. A suite of industry first DeFi products built on our aggregator

Cryptodiffer Community

As i see on website, that Orion protocol have many big partners like Wanchain, Holochain, Elrong & Certik ! But, can you explain which types of partnership happened by Orion protocol with above projects? and whats the benefits of these partnerships to Orion protocol?

Kal Ali
COO

 Correct, we do, and we plan to add more! You can find more about each partnership below:

Holochain

https://medium.com/orion-protocol/orion-partners-with-holo-d388f5ac53f5

Elrond

https://medium.com/orion-protocol/orion-joins-elrond-in-a-strategic-partnership-815dffe6791f

CertiK

https://medium.com/orion-protocol/orion-partners-with-certik-9852afbd7cc4

Wanchain

https://medium.com/wanchain-foundation/orion-protocol-and-wanchain-collaboration-for-atomic-swap-technology-945954ce79d3

Plutus DeFi

https://medium.com/orion-protocol/orion-protocol-and-plutus-defi-create-the-most-profitable-staking-mechanism-in-defi-6440ff019b84

Cryptodiffer Community

Staking seem to be popular right now on many blockchain project to encourage investors to hold tokens and make it healthful for project ecosystem. Does Orion protocol support this as well? If yes, what will requirement of a Node and a Validator node be? And how does reward base on?

Alexey Koloskov
CEO

Staking will be done via our Shared Liquidity Pool to vote for the broker of your choice and receiving rewards generated through executing trades PLUS interest from decentralized lending aggregators,  providing the HIGHEST yield for ORN stakers.

Cryptodiffer Community

1.  “Liquidity aggregator” can you redefine the term in simple words to common users?

2. how is the experience exchanging between centralized and decentralized platforms in orion?

Alexey Koloskov
CEO

Trading platform connecting all major centralized and decentralized exchanges under one roof and giving access to all available liquidity on the crypto markets

Cryptodiffer Community

Q1 = How user funds are secure in Orion protocol trading platform? Explain about Security of Orion protocol?

Q2 = Orion protocol is working on Trading platform where Traders can Trade cryptocurrencies ! But, main problem with any new trading platform is Liquidity ! So, How Orion protocol generates Liquidity for deamless Trading on Orion protocol?

Alexey Koloskov
CEO

Orion is completely safe from hackers because we are completely decentralized and no user funds will be stored on Orion. Trading occurs directly from your wallet, without ever giving up ownership of your assets: all trades are settled in a decentralized way in smart contracts. 

We’ve been sure to audit the critical parts of our system through authoritative external companies (such as Certik) and we’re making our code open-source, making it available for analysis, finding bugs and contributing by community.

Q2: Orion aggregate exisiting liquidity from all major centralized exchanges via our decentralized pool of Brokers. So users don’t need to open and deposit accounts on multiple exchanges, still having ability to execute orders on the with best price and large volumes.

Cryptodiffer Community

Why did your team choose Holochain to build dApp and Atomic swap? What are Holochain’s advantages over other blockchain platforms?

Alexey Koloskov
CEO

We’ve implemeted several modules using a Holochain innovative mutual credit accounting system built on counter-signed double-entry accounting transactions.

Cryptodiffer Community

How Orion Trading Terminal works? Is Orion require Trading APIs of Exchanges or it provide exchange services in its own platform by using big exchanges liquidity?

Kal Ali
COO

We’re not an exchange, and we don’t compete with exchanges. Instead, we aggregate the liquidity from all major exchanges, both centralized + decentralized, via their API feeds. The goal of this is to allowing you to buy or sell your assets at the best price, every time, allowing you to trade with the liquidity of the entire crypto market while still having custody of your assets at all times.

We’re the first liquidity aggregator in market pulling in liquidity from both centralized exchanges and decentralized exchanges – providing the liquidity of the entire crypto market.

Cryptodiffer Community

Adoption is one of the important factor that all sustainable blockchain projects should focus to be more attractive in the investors’ eyes. What are the benefits of Orion Protocol in the future in the world of blockchain

Alexey Koloskov
CEO

We’ve paid close attention to our predecessors. And one of the main causes of failure is the lack of substantial revenue streams. That’s why we’ve identified and are working on a number of products that will generate revenue in the near future. The main revenue streams:

– Trading commission fee

– Staking: Passive income on staked ORN tokens

– DEX Creation

– Liquidity Boost Plugin

– Arbitrage Traders

– Trading Signals

– Orion Enterprise Trade

Cryptodiffer Community

How will ORION team attract users-who often use top exchanges? I didn’t see many information about ORION on marketing platforms.

How Orion Protocol is decentralized?

Alexey Koloskov
CEO

We’re bringing in B2B and B2C revenue streams from day one, across our entire platform and at our core.

Cryptodiffer Community

What makes #Orion is better compared to other projects? 

Are there any unique mechanisms?

Alexey Koloskov
CEO

We’re combining the best from the two worlds of crypto: centralized and decentralized. Although it’s clear the future should be decentralized (after all, it’s what the industry is fundamentally built on), it’s impossible to ignore the fact that big traders, hedge funds, and markets markers are still trading on CEXs. 

We’re combining the two: building on decentralized technologies in the most critical parts of the system like custody and final settlement, while pulling liquidity from the major players in market – CEXs. We haven’t just built a protocol, we’re building real-world DeFi products on top of it for businesses and retail customers alike.

Cryptodiffer Community

Do you plan to create new use cases for the #ORN token to increase its value?

Alexey Koloskov
CEO

ORN token has non-inflationary model: powering all our features and products. No product or feature will work without it, making ORN the invaluable fuel to our ecosystem.

Cryptodiffer Community

What was your vision ORION 2020 of the project and how does it look like for you now?

Kal Ali
COO

Check out our Orion 2020 vision here, we’re on track to deliver all of it 👊🏽 https://medium.com/orion-protocol/orion-2020-vision-290f3594114b

Cryptodiffer Community

How will ORION team attract users-who often use top exchanges?

Alexey Koloskov
CEO

We’ll provide even better prices with almost 0 spread due to our aggregated order books with arbitrage opportunites without needs to open and manage multiple accounts

Cryptodiffer Community

Why did your team choose Holochain to build dApp and Atomic swaps on it? What is outstanding point of Holochain compared to other blockchain platform? How is Orion different from other DEXs? Say compare yourself to Binance Dex.

Alexey Koloskov
CEO

Orion is more than DEX, it’s protocol allowing cross-chain trading enhanced with immense liquidity from centralized exchanges. On top of Orion many other projects can be built, including DEXs, Trading Terminals, multi-currency wallets etc.

Cryptodiffer Community

 How are you using the Holochain framework?

Kal Ali
COO

Orion will provide trading and exchange functionality for HOT, and subsequently HoloFuel via their Trading Terminal. Orion will also be a recommended exchange for the Holo community. As the Orion settlement is built on the same double-entry crypto accounting system that HoloFuel is based on, enabling HoloFuel trading will be the natural path for integrating Orion in the Holo ecosystem.

Orion will support all projects building on Holochain with listing their tokens on Orion, as well as providing purchase support and trading functionality for their tokens through Orion’s platform. Orion will serve as a key exchange for Holochain related tokens.

A Holochain innovative mutual credit accounting system allows the implementation of Orion’s accounting and settlement modules in a transparent, efficient, and secure manner.

There are several areas of the Orion solution initially built with Holochain, including but not limited to:

● Trader Escrow — enables trading from a trader’s cold wallet by implementing an escrow account and atomic swap, supporting different blockchains

● Brokers — settlement and clearing logic between Orion and Brokers, opens positions of traders.

● Staking Liquidity Pool — a sophisticated liquidity provider selection algorithm

Read more about our partnership with Holochain here: https://medium.com/orion-protocol/orion-partners-with-holo-d388f5ac53f5

Cryptodiffer Community

We Are DeFi. How big will DeFi be in the next 5 years and how will you take a powerful position in this space?

Alexey Koloskov
CEO

We’ll be in the center of DeFe space because almost all projects require efficient exchange functionlity with immense liquidity

Cryptodiffer Community

What was the vision of Orion Protocol  and how it looks now? Which market Orion Protocol  focus on?

What will you do to driving Orion Protocol  use cases and applications, especially in the Asean region?

Alexey Koloskov
CEO

We’re global wide, and Asia is definitely very important region for us.

Cryptodiffer Community

What do you think is the biggest problem #Orion will solve which is not solved by other projects and why is the problem important to solve?

Alexey Koloskov
CEO

We’re solving existing real-world problems with security, liquidity and efficiency of crypto markets

Cryptodiffer Community

How can Arbitrage works in Orion Protocol? 

If there’s an Arbitrage Opportunity do traders will be notified for that Opportunity?

Alexey Koloskov
CEO

There will be different strategies implemented, one of them is through notification

Cryptodiffer Community

What does Orion Terminal offer? Is it similar with Troy Trade? Could you please explain unique features and advantages. Also is it possible to use it fully now or it is just testing phase?

Kal Ali
COO

Troy Trade requires you to give up CUSTODY of your assets to them, proving they are a centralized platform. The Orion Terminal is completely decentralized, never holding custody of your assets. The Terminal always searches for the best prices on the market, allowing users to carry out arbitrage without accounts on multiple exchanges. It also provides intuitive tools embedded in the terminal that provide users with news, market analysis, and trading signals in real- time to conduct successful trades. Large order fulfillment is also possible, where assets are traded strategically on the terminal, preserving token price without the risk of tanking the market.

Cryptodiffer Community

1. the ORN token is a ERC20 right now , do you have plans to migrate it to native token?

2. Recently Orion protocol and Plutus Defi provides the most profitable staking mechanism in Defi, apart Of the liquidity aggregator which others contributons done Origin protocol to build such good service?

Alexey Koloskov
CEO

1. ERC-20 so far

2. Different DeFI products built on our protocol and shared liuquidity pool

Cryptodiffer Community

What are the benefits when a user holds an ORN token?

Alexey Koloskov
CEO

Users can stake their tokens and receive reward from trading fees and landing

Cryptodiffer Community

What are your goals for next time?  Most of the time, new projects have only brought some efficiency to reality.  So, what did Orion achieve and bring about the results?

Alexey Koloskov
CEO

We’ve already implemented core components of our protocol, doing comprehensive testing of our updated Trading Terminal on Ethereum TestNet now. It will soon be available to our early adopter and evangelists to test, followed by pilot MainNet.

Cryptodiffer Community

What does Orion Terminal offer? Is it similar with Troy Trade? Could you please explain unique features and advantages. Also is it possible to use it fully now or it is just testing phase?

Alexey Koloskov
CEO

Right now in TestNet, but soon pilot MainNet

Cryptodiffer Community

What is the Utility of ORN token?

Alexey Koloskov
CEO

Yes, we’re strongly focused on our token model, that’s why ORN token is not just token for paying transaction fee but essentially it’s a means (intermediary) for cross-chain trading and settlement of different assets. ORN tokens can be converted to a large number of underlying assets, will be collateral to stable coins and other cryptocurrencies. To add to token utility, we have engrained the ORN tokens into every function of our aggregator. From trades, to staking for the broker to be chosen to execute trades, to even our DeFi products that all run through the aggregator as trades also, every aspect uses the token and we believe that our use case is one of the strongest in market. 

Cryptodiffer Community

Do you plan to create new use cases for the #ORN token to increase its value?

Kal Ali
COO

The main cause of failure in the space are lack of substantial revenue streams. We’re bringing in B2B and B2C revenue streams from day one, across our entire platform, ensuring ORN is at our core: powering all our features and products. 

We’ve been focused on ensuring deep token use in every aspect of the project – it’s the fuel to our ecosystem and no product or service will work without it.

One platform, ten revenue streams. All using the ORN token to function.

Instead of inflating token supply for rewards, we provide stakers with rewards generated via our revenue models. And we’re committed to burning 100% of all licensing fees generated from the ORION platform, with no burn cap.

All of this is to ensure ORN is a non-inflationary token.

Cryptodiffer Community

What’s the biggest challenge you currently face in order to get this project finalized?

Alexey Koloskov
CEO

Building aggregator is for more difficult than building a single exchange, but we do have experience of it and already implemented the majority of the core components.

Cryptodiffer Community

1. What makes orion outstanding? The one thing

2. Did you ever think in being a hybrid platform? And why!

Alexey Koloskov
CEO

1. We’re transcending the current crypto trading to the next greater level

2. We’re indeed a hybrid platform

Cryptodiffer Community

We all know the roadmap of Orion Protocol but what are some of the priorities of the Orion Protocol at this time in 2020?

Alexey Koloskov
CEO

1. Mainet

2. DeFi profucts

3. Bringing in B2B and B2C revenue streams

Cryptodiffer Community

Do you plan to exchange your tokens on large exchanges?

Alexey Koloskov
CEO

Yes, we’ll be lisited in CEXs, DEXs and on our own platform

Cryptodiffer Community

It is clear to me that these new incentives could in theory lure in more market makers. but is the taker demand there? what is orionprotocol doing to boost take volume when there doesn’t appear to be much demand across the entire DEX landscape? would the team ever build their own relayer? there aren’t any quality orionprotocol relayers that I personally enjoy using. i’d bet money the orionprotocol team could make something great though. THANKS!

Kal Ali
COO

There is certainly demand for a product like Orion for Market Makers. Currently, most exchanges are not liquid enough or structured to facilitate market makers, high frequency trading, or OTC trades.

By using Orion, we can help market makers provide their clients with the best price, offering and robust liquidity through Orion’s shared liquidity pool. 

We can guarantee market makers the best price acorss the market, as well as the ultimate convenience: they wont need mutliple accounts across multiple exchanges to trade.

Cryptodiffer Community

Cab you tell us about your Staking program? 

What is the minimum amount ORN token for Staking?

Alexey Koloskov
CEO

1. Our token stakers earn rewards from profit share from all of our transactions. 

2. In addition to this, our liquidity pool of staked tokens will be loaned to the lending platform with the best variable rates (Compound, Fulcrum, etc).

Cryptodiffer TEAM

Thanks for your time, let’s finish the ama! It was a pleasure to conduct an AMA with Orion Protocol !!!

Alexey Koloskov
CEO

Thank you all for your warm welcome here and undoubtedly great and deep questions. There were a lot them.

We’ll certainly answer all remaing questions in a special article on Medium and include some of them, the most important to FAQ section on our site: https://orionprotocol.io

Kal Ali
COO

Much appreciated all! Thank you for the great questions. We’ll be answering many of the questions we didn’t get to in a follow-up FAQ page.

Spread the love
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
CryptoDiffer Admin
query2212@gmail.com

Leave a Reply

Your email address will not be published.