Non-inflationary Staking<\/strong><\/span><\/h3>\nOrion offers a multiple exchange pre-staking system that yields up to 39% APR. This initiative is very profitable, and that’s why Orion users are staking their tokens massively. Presently, 50% of the total ORN in circulation is already staked.<\/p>\n
Orion uses a Delegated Proof of Broker in its staking process. The model offers two different components; Non-broker stakers and Broker stakers. The Brokers uses the Orion Broker-dedicated software that executes trades that comes from the liquidity aggregator.<\/p>\n
If the number of stake brokers has is high, their chances of executing trades also increase. Another way to increase their suitability to executing trades is through the votes of the non-brokers. These groups stake their tokens to vote for a broker they support.<\/p>\n
Orion offers staking rewards for both Broker Stakers & Non-broker Stakers. The reward for the Broker Stakers comes from the trade fees they realize after executing it.<\/p>\n
The brokers get a certain portion from the fees. For the non-brokers, their rewards come from the Brokers who reward them for their votes. However, these rewards vary depending on the brokers.<\/p>\n
This Delegated Proof of Broker staking model is non-inflationary. This is because Orion doesn\u2019t need to mind tokens to reward stakers. Instead, the stakers get their rewards from the various revenue streams of the protocol. As such, the value and necessity of the ORN token are continually increasing.<\/p>\n
2.\u00a0\u00a0 <\/strong>Benefits for Token Holders <\/strong><\/span><\/h3>\nORN token holders gain more by paying lesser on the Orion Terminal. By using the ORN, they can get lower fees discounts on the terminal. Also, if they participate in the DPoB staking system, they\u2019ll get more rewards.<\/p>\n
3.\u00a0\u00a0 <\/strong>Diminishing Supply <\/strong><\/span><\/h3>\nAnother way the token remains valuable is that the team usually remove it from circulation by doing the following;<\/p>\n
\n- Refunds: Orion destroys every token refunded through the Dynamic Coin Offering.<\/li>\n
- Staking: As both Brokers & non-brokers stake their ORN, they automatically reduce the circulating number of tokens in circulation. Also, all the rewards for the stake go back to their stakes and further lowers the number.<\/li>\n
- Licensing fees: all the licensing fees that the protocol generates from the Defi solutions are used to buy ORN, which lowers the number available in the market.<\/li>\n<\/ul>\n
4.\u00a0\u00a0 <\/strong>Refund Opportunities<\/strong><\/span><\/h3>\nOrion uses Dynamic Coin Offering (DYCO), which is different from other protocols. Orion sets asides 80% of the funds it raises during the DYCO to buy back tokens from holders who want to sell their collection. Once these tokens are refunded, Orion burns them.<\/p>\n
Is Orion Safe For Investors? <\/strong><\/span><\/h2>\nOne of the impressive things about Orion’s security is that CertiK usually audits the network. This blockchain-security company ensures that the network is continually functional, maintains its integrity & adequately optimized via regular penetration and security audits.<\/p>\n
Other parts of the Orion network that pass through regular audits are the open-source software brokers use, the Orion Protocol code, and the smart contracts. With all these audits and checks, the Orion Terminal remains stable.<\/p>\n
Another aspect to consider is that the Orion Protocol is a non-custodial solution that doesn\u2019t provide asset storage mechanisms. Orion users have 100% control of their assets. They’re in charge of their wallets, passwords & keys. No central body manages the tokens, keys, or passwords.<\/p>\n
Many crypto exchanges usually offer wallet solutions to investors who wish to store their tokens on the platform. But one problem that these on-exchange wallets have is that they\u2019re prone to hacking. So, crypto experts usually recommend using a hardware wallet instead.<\/p>\n
By allowing users to control their assets, it is safe to say that Orion is safe. Furthermore, any hacker compromising the network won’t access users’ funds since they’re not on the platform.<\/p>\n
Where to Buy Orion Protocol Tokens <\/strong><\/span><\/h2>\nIf you\u2019re ready to invest in the Orion Token, you can visit the following exchanges:<\/p>\n
\n- BKEX<\/li>\n
- KuCoin<\/li>\n
- Binance<\/li>\n
- Uniswap (V2)<\/li>\n
- Capital.com<\/li>\n<\/ol>\n
To buy ORN, you can use your Ethereum (ETH) or the USDT in many exchanges like Uniswap, KuCoin, or AscendEX.<\/p>\n
On the Bilaxy platform, you can also buy it. Moreover, according to the team, users can even stake the tokens on KuCoin Biki or AscendEX unnoticed and earn up to 39% APR bonuses.<\/p>\n
Benefits of Using the Orion Protocol <\/strong><\/span><\/h2>\n\n- Orion Protocol is one of the protocols with lower fees and the best prices for digital assets.<\/li>\n
- It operates with an aggregated order books that even other exchanges based on Orion can utilize.<\/li>\n
- Orion provides up to 18 incomes streams for users of its diverse solutions. So, there are many ways for users to make money on the protocol. These streams of income for Orion also ensure longevity for the network.<\/li>\n
- There are Arbitrage opportunities for users.<\/li>\n
- The protocol is decentralized & non-custodial to ensure that users manage their assets themselves without fear of compromise.<\/li>\n
- It is cross-chain available and ensures that DeFi enthusiasts make money through staking.<\/li>\n
- Many of the Orion trading tools are amongst the best in the industry. Some include tools for real-time trading signals, news, and market analysis tools.<\/li>\n
- It offers a DEX Launcher that developers use to build new exchanges and also utilizes Orion’s aggregated liquidity to operate.<\/li>\n<\/ol>\n