Orion Protocol Airdrop Announces: Last Opportunities for Participants
Date: 2024-10-17 Author: Gabriel Deangelo Categories: AIRDROPS
The protocol calls on node delegators to commit their nodes to the Data Availability Committee (DAC) for a period of 12 or 24 months to become eligible for the airdrop. The deadline for completing this procedure is set for October 17 at 12:00 UTC.
Orion Protocol is an innovative platform that connects centralized and decentralized exchanges. It offers users non-custodial access to liquidity on both sides, making trading more convenient and efficient. The protocol offers a wide range of products to help users manage their crypto assets and carry out trading.
The platform stands out for several key features. For example, through the Orion trading terminal, traders can trade on various exchanges, which guarantees high liquidity and the best market quotes. For users looking to effectively manage their crypto assets, Orion Protocol offers a portfolio management app. It allows you to monitor assets, set up notifications for arbitrage opportunities, and automate trading operations.
Orion Protocol is actively working to expand liquidity to other crypto exchanges using specialized plugins. DEX Launcher allows users to create and launch their decentralized trading platforms, while still being able to take advantage of the deep liquidity provided by the platform.
The ORN token, an ERC-20 standard, plays a central role in the Orion ecosystem. It serves as an incentive for liquidity providers and brokers through the broker staking system. By staking their tokens, brokers can increase the likelihood of order execution and receive rewards for doing so. Non-broker users can also stake ORN, support their chosen brokers, and receive a portion of trading fees as a reward.
In addition, active use of the ORN token inside the Orion trading terminal entitles you to discounts on fees, which significantly increases its value. ORN is also important for licensing platform tools such as the Liquidity Boost plugin and a set of tools for creating decentralized exchanges.
The launch of the airdrop and the active development of Orion Protocol functionality highlights its desire to become one of the leaders in the cryptocurrency market and provide users with the most efficient and secure trading conditions.
