Orion Money ORION Price 0.00157138

To learn more about this project, check out our deep dive.
What is the name of the money?
Users can maximize profitability of their stable coins with the help of the Orion Money savings platform.
Users deposit stable coins to generate a fixed income that is higher than what the market competitors are offering. ORION, the native token of ORION, guarantees users a chance to boost stablecoin APY, receive revenue rewards, and participate in governance.
The three main products of the money system are: Saver, Yield and Insurance.
Who are the people who created the money?
The three people on the team are Vol Pigrukh, Kos Chernysh and Sam I Am.
Kos and Vol Pigrukh are tech entrepreneurs.
Vol Pigrukh is a former developer who is involved in commercial activities.
Kos is responsible for technology and development.
The final member of the core team is Sam I Am. He has been investing in cryptocurrencies ever since he got into monetary policy.
Do Kwon is the founder and CEO of TerraForm Labs, Matt Cantieri is the GM of Anchor, and José Maria Macedo is the partner at Delphi Digital.
What makes the money unique?
Up to 20% of stable coin income can be received after the token generation event, thanks to the cross-chain stable coin bank, Orion Money.
One of the strengths of the project is their array of solid allies, investors and partners. Risk funds and user deposits have been created with the help of Delphi Digital and InsurAce.
The three areas in which the services are offered are:
The Orion Saver is a native savings protocol that lives on Ethereum and gives users of other blockchains access to the profitability of Anchor Protocol stable coins with no need for swaps or home network changes.
A product of Orion Money that provides users with high-yield savings. The result of partnerships with various money markets is a higher savings rate for Orion Savers.
The launch period is between Q2 and Q3.
A number of other features, including tokenize derivatives, are planned by the team.
There are pages related to this.
You can read about Terra.
Take a look at the progress and development of Terra.
You can learn more about the money with CMC Alexandria.
The current data about ether.
What is a stable coin?
Check out the CMC glossary for more information.
How many coins are in circulation?
ORION is a governance token that is connected to Terra.
The ORION token is used to establish a revenue sharing mechanism.
1,000,000,000 $ORION is the maximum supply of token that will ever be released to the market.
There is an allocation of ORION token.
30% to Staking Fund.
22% to Team and Advisors.
20% to the community fund.
10% goes to seed token sale and IDO.
It was 7% to Liquidity.
The percentage of private farming is 7.
4% goes to Airdrop.
There are areas of use of ORION.
An advanced APY.
Payment of interest.
Administration.
Staking is when you take ORION to be able to earn it.
There are sources of commission for ORION.
Fees were earned from the project.
The commission was 5% from the company.
The ORION token is needed for steady operation of the platform and performing functions within the product suite.
The profits earned by the Saver are increased.
Users have the right to receive a portion of the income generated by dApps.
There is an opportunity to participate in the platform governance process.
How is the money network secured?
Three audits were done by RD Auditors & Solidified to prove the reliability of the money.
There is a Proof-of-Stake on the Terra network. The PoS consensus mechanism is used to confirm transactions.
Where can you buy obsidian?
The ORION token is listed on several exchanges.
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