Orion Protocol, a liquidity aggregator constructing a decentralized gateway to the crypto market, introduced at present Orion’s code has been efficiently migrated to the Polkadot ecosystem through Moonbeam and is underway with constructing out the UI/UX for integration into its crypto trading app, the Orion Terminal.
The Orion Protocol crew is constructing a non-custodial gateway to the whole digital asset market; aggregating liquidity throughout decentralized and centralized crypto exchanges and swap platforms in a single, decentralized platform. In doing so, Orion seeks to remedy the fragmentation of crypto markets, in addition to belongings from conventional finance and NFTs.
Orion + Moonbeam
Moonbeam is an Ethereum-compatible smart contract platform on the Polkadot community. Moonbeam’s deep Ethereum compatibility, together with a full EVM, Web3 RPC, and suitable accounts, considerably simplified the method to port Orion’s Ethereum-based code to Polkadot. Using the Moonbeam expertise additionally implies that the entire identical instruments and providers, equivalent to Remix, HardHat, Truffle, and MetaMask, can be utilized in deployment.
“Via Moonbeam, we’re extremely proud to add Polkadot to our roster of chains built-in into the protocol. Orion’s code has been efficiently migrated to the Polkadot ecosystem, and we’re at the moment engaged on constructing out the UI/UX for customers to give you the option to entry the Polkadot blockchain on Orion Terminal. We look ahead to changing into the primary stay liquidity aggregator constructed on the Polkadot ecosystem.” says Alexey Koloskov, CEO and Co-Founder of Orion Protocol
“As we transfer into an more and more multi-chain surroundings, liquidity is more and more cut up throughout a number of chains. Protocols like Orion fill an necessary house aggregating liquidity, which additionally makes it simpler for end-users and builders to meet liquidity wants,” says Nate Hamilton, Director of Business Development at Moonbeam.
Orion’s Protocol integration with Polkadot through Moonbeam offers them fast entry to the numerous integrations already built-in, together with initiatives within the DeFi and NFT house, whereas opening the doorways for Orion to entry different belongings on Polkadot’s fast-paced, rising ecosystem.
Polkadot and Moonbeam builders will likely be in a position to use Orion’s decentralized gateway to entry main CEX, DEX, and swap swimming pools in a single place.
The Orion crew is now underway with constructing out the UI/UX for the Moonbeam and broader Polkadot integration into Orion Terminal. This integration is predicted to be accomplished by Q2 2021, bringing enhanced interoperability and scalability to Orion Terminal, alongside low transaction prices, low transaction delay, excessive transaction concurrency, and cross-chain asset transfers.