7 minutes

Orion 2.0: The Future of deCEX Trading on a Global Scale 🟣

November 7, 2023

In the ever-evolving world of DeFi, adaptability and innovation are crucial. Orion is excited to share some transformative updates about recent success and our roadmap.

A New Identity: From Orion Protocol to Orion

In the ever-evolving landscape of decentralized finance, adaptability and clarity are paramount. As we’ve grown and matured as a DeFi project, we’ve recognized the need to streamline our identity to resonate more with our users and the broader crypto community. This led to our transition from “Orion Protocol” to the succinct and powerful “Orion.”

The name “Orion Protocol” served us well during our initial phases, encapsulating our foundational technology and the protocol-driven approach we championed. However, as we expanded our suite of offerings and delved deeper into creating user-centric products, a more streamlined brand identity became essential. “Orion” is not just a name; it’s a reflection of our commitment to simplicity, efficiency, and our vision to be the go-to platform for decentralized trading.

In essence, our journey from “Orion Protocol” to “Orion” is more than just a name change. It’s a strategic evolution, a commitment to our community, and a glimpse into an exciting future where both products and protocol shine brighter than ever.

This rebranding doesn’t mean we’re leaving behind the essence of our original “Protocol.” In fact, we’re doing quite the opposite. While “Orion” will continue to represent our suite of user-facing products, we’re excited to share that there are plans in motion to revitalize and rebrand the “Protocol” aspect under a new, distinct identity. This new brand will delve deeper into the technological backbone that powers Orion, ensuring that our foundational protocol receives the spotlight it deserves amongst the big names in the industry.

For the many loyal ORN holders, this is a promise of continued growth and innovation. By distinguishing between our user-facing products and our underlying protocol, we aim to provide clearer, more targeted value propositions. This strategic move will not only enhance the user experience but also amplify the utility and potential of the ORN token.

The Importance of ORN

ORN, our native token, remains at the heart of a larger ecosystem currently being built. It’s essential to understand that ORN is integral to the functionality of our unique decentralized liquidity protocol. It’s the utility token that enables liquidity nodes (previously referred to as “Orion Brokers”) to bring the decentralization of centralized liquidity to life.

While we won’t delve into more details just yet, rest assured that as we continue to enhance our products, ORN is poised for an even more significant role. An upcoming rebrand of our liquidity protocol will not only be elevating our backend technologies but also expanding the horizons of the protocol and its utility token itself. This evolution signifies growth and a promising trajectory for ORN and its stakeholders.

A Refined Team Structure for Enhanced Efficiency

Behind the scenes, we’ve been making pivotal changes. Orion has not only restructured its internal team but also adopted a flattened structure, mirroring the principles of a Decentralized Autonomous Organization (DAO). This strategic shift ensures that we operate with the agility, transparency, and efficiency characteristic of a world-class product company.

Our commitment to this new structure is a testament to our unwavering dedication to our global community and users. Stay tuned for an upcoming announcement that will shed light on the founding team’s expanded involvement, which extends beyond the realms of just Orion that promises an even brighter future for all stakeholders.

Empowering Global Traders in a Challenging Landscape

In today’s crypto market, where many platforms seem to be drifting away from their user-centric origins, Orion 2.0 emerges as the true advocate for the everyday trader. As giants like Uniswap hike their fees and platforms like Curve can’t tap into the deep stablecoin liquidity that centralized exchanges offer, Orion is carving a different path.

  1. A Commitment to Lower Fees While Uniswap has recently increased its fees, Orion is steadfast in its commitment to affordability. We recognize that for the avid, lower-volume traders, every fraction of a token counts. Our dedication is to ensure that trading remains accessible and cost-effective, especially for those who can’t afford to spend exorbitantly on each trade.
  2. Giving Back to the Community Beyond just competitive fees, our referral program is designed to reward our community. With up to 40% of our fees being set to return to our users, we’re not just offering a platform; we’re building a community where the benefits of growth are shared.
  3. Democratizing Access to CEX Prices While platforms like Curve might offer stablecoin trading, they lack the deep liquidity that centralized exchanges provide. Orion bridges this gap, ensuring traders get the best prices, especially when trading stablecoins. This is a game-changer for traders worldwide, ensuring they don’t have to compromise on price or liquidity.

In essence, Orion 2.0 aims to be a supportive pillar in the crypto landscape, particularly for everyday traders seeking more value and freedom.

The Future Roadmap Unveiled

We’re on the cusp of a new era with Orion 2.0, and it’s with great anticipation that we present to you our roadmap—a vision of the future, meticulously engineered to redefine your trading journey. These upcoming releases that already in the hands of our VIP testers are the embodiment of our commitment to excellence and the spirit of innovation driving us forward. Here’s a glimpse into the future that awaits:

  • Refer & Earn Program Building a community is at the heart of Orion’s ethos, providing exponential value to our global traders. Our new Refer & Earn program is designed to reward those who help expand or simply become part of our community, turning our users into ambassadors and stakeholders.
  • Swap by Token Address To enhance flexibility and user-friendliness, we’re introducing the ability to swap using token addresses. This feature simplifies the trading process so one can access any token available on supported DEXs, especially those gems not yet in the spotlight.
  • Cross-DEX Swaps Why should traders settle for the offerings of a single DEX when Orion can unlock the entire decentralized world for them? With cross-DEX swaps, Orion automatically routes their trades through multiple DEXs when needed, ensuring they effortlessly secure the best rates and deepest liquidity without any manual intervention.
  • Integration of v3 Liquidity Staying updated with the latest in the DeFi space, we’re integrating liquidity from places like Uniswap v3 and PancakeSwap v3. This ensures that our users continue to have access to the deepest liquidity pools and the most competitive rates available.
  • Mobile App In today’s fast-paced world, mobility is paramount. We’re excited to announce the upcoming launch of the Orion mobile app, putting the power of decentralized trading right in your pocket. Trade on the go, stay updated with real-time market data, and manage your portfolio with ease.

This roadmap is more than a list of releases; it’s a testament to our journey of pioneering the next wave of decentralized trading. Stay engaged for more updates, and join us as we step into this thrilling new chapter together.

The Dawn of the Orion DAO

While we’re making significant strides as a product company, our vision for a decentralized future remains unwavering. The transition to a DAO is in motion. While we’re not ready to divulge all the details just yet, rest assured that a more comprehensive announcement is on the horizon.

Blending DAO Ideals with Proven Growth Strategies

In the dynamic realm of DeFi, DAOs stand out as the epitome of true decentralization, emphasizing collective decision-making, transparency, and community-driven governance. However, the real-world application of DAOs often demands the integration of traditional organizational strategies to achieve efficiency, scalability, and sustainability.

Orion, with its forward-thinking approach, seamlessly merges the core principles of a DAO with the tactics of a world-class product company. This fusion ensures a platform that’s not only decentralized but also exceptionally user-centric.

Looking Forward: Orion’s Exciting Future

Orion 2.0 represents more than a mere facelift; it’s an evolution. Our mission remains clear: to provide the only platform where traders can access real CEX liquidity in a truly decentralized manner.