The Orion Protocol presents itself as a kind of terminal, a gateway to all crypto exchanges. Both centralized and decentralized exchanges, plus swap pools, are all merged into one platform. The protocol manages to accomplish this with its liquidity aggregator, which gives users access to multiple exchanges.
MoreThe liquidity aggregator allows users to request crypto prices from multiple exchanges. The system works through an API that manages to combine all order books from the exchanges. Orion itself is not an exchange but simply serves as a terminal to all other central and decentralized exchanges, the Orion Terminal. The system uses the native utility token ORN.
MoreDo you want to buy Orion Protocol (ORN)? You can do so at Coinmerce! Select the coin in our list of coins, pay easily with a credit card and receive the tokens quickly in your wallet!
MoreWould you like to buy Orion Protocol (Orion Protocol)? You can buy Orion Protocol using a credit card or SEPA at Coinmerce. Once you are logged in, you will see ‘Coins’ in the top menu. When you click on this button, you come to the page with all crypto coins that Coinmerce offers. If you don't see Orion Protocol, use the search function to search for Orion Protocol and click on the name. You can indicate the amount of euros you want to buy Orion Protocol for in the right window. Below is shown how much Orion Protocol tokens you get for this. If you have entered the desired amount you can click on "Buy". You can also execute a "Stop limit order" at Coinmerce. Our system will automatically buy Orion Protocol when the price of Orion Protocol reaches your entered value. You can also execute a repeating order. Do you want to buy Orion Protocol with another crypto currency? Then you go to the cryptocurrency you want to pay with and click on "Swap" in the right window to indicate that you want to receive Orion Protocol.
The Orion Protocol (ORN) was founded by Alexey Koloskov, who is also CEO of the project. Before Orion, Koloskov was blockchain developer and chief architect at Waves Platform, and chief IT project manager at UniCredit Bank Russia. The Orion Terminal works through the Delegated Proof of Broker (DPoB) consensus algorithm. This is a variation of the well-known PoS mechanism and consists of two parts, Brokers and Non-Broker Stakers. Here Brokers ensure that all exchanges on the platform are connected, having staked at least $10,000 in ORN and having multiple accounts with exchanges. Non-Broker strikers are "just" stakers according to the PoS mechanism. Broker Stakers have installed the Orion Broker software, allowing their computers to automatically execute trades from the liquidity aggregator. They also receive a portion of the fees paid on each trade they execute. Brokers want to offer Non-Brokers an attractive rate so that they choose them to trade with. Voting works through ORN tokens running on the Orion Protocol. The higher the reward that Brokers can offer, the more likely they are to be chosen by Non-Broker Stakers.