ORN meaning in Cryptocurrency ?

Answer: What Is Orion Protocol (ORN)?

The Orion Protocol was designed to aggregate the liquidity of multiple crypto exchanges into a decentralized platform that provides a singular, non-custodial gateway into the entire digital asset market. It was founded in 2018 and launched in 2020 by Alexey Koloskov in an attempt to solve some of the major issues of the decentralized finance (DeFi) space.

Orion aims to solve the difficulties in performing profitable transactions associated with the lack of liquidity on the majority of crypto exchanges. This is the case for both centralized and decentralized exchanges. Orion’s solution to this is to aggregate exchanges’ order books into one simple to use and understand terminal.

The Orion Protocol’s goal is to help users get the best returns out of their investments while also lowering the risks associated with using multiple exchanges.

Who Are the Founders of Orion Protocol?

The Orion Protocol (ORN) was founded by Alexey Koloskov, who is currently the project’s chief executive officer. Before Orion, Koloskov was a blockchain developer and the chief architect at Waves Platform, as well as the lead IT project manager at UniCredit Bank Russia.

What Makes Orion Protocol Unique?

The Orion Protocol operates through collecting the liquidity that is on offer on multiple exchanges within the crypto market and showcasing it in a single universal API. This API combines multiple order books and streamlines them for ease of use.

Orion Protocol also offers a portfolio management application that allows users to monitor and record their activity across exchanges, provides them with the ability to set alarms for opportunities and automates asset management.

Additionally, Orion provides a marketplace for decentralized applications (DApps) that users can easily access and purchase.

The Orion Token (ORN) is the native utility token of the Orion Protocol based on the ERC-20 standard. Its supply is capped at 100,000,000 ORN. ORN can be used in the Orion Terminal and for decentralized brokerage.

Related Pages:

Learn about API3.

Learn about Request.

Learn about smart contracts and DeFi on CMC Alexandria.

Learn more about the world of cryptocurrencies on the CoinMarketCap blog.

How Many Orion Protocol (ORN) Coins Are There in Circulation?

Orion Protocol (ORN) has a circulating supply of 17,120,000 ORN as of February 2021, with a maximum supply of 100,000,000 ORN.

How Is the Orion Protocol Network Secured?

The Orion Protocol network is constantly audited by the leading blockchain security firm CertiK, ensuring the platform’s functionality, integrity and optimization through regular security audits and penetration testing.

In addition to the Orion Protocol’s own code, the smart contracts and any open-source software on the brokers’ side is also continually audited. This provides a higher level of stability to the Terminal’s network.

Where Can You Buy Orion Protocol (ORN)?

If you are interested in buying, selling, or trading Orion Protocol (ORN), you can do so on the following exchanges:

BinanceBKEXMXC.comKuCoinUniswap (V2)

If you are interested in learning more about buying cryptocurrencies, you can read our guide on how to buy Bitcoin.

reference

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