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What is the ORN token used for?

How Orion uses the ORN token. Orion is a solution and trading platform to aggregate liquidity across chains and exchanges – in the Orion Terminal.

ORN token is

The utility token of ORN protocol.

ORN token is used for

  • Receive perks and discounts on the platform
  • Staking

How could value accrue to the token?

Locking

Staking to receive trading fees.

Licensing fees

100% of licensing fees from Orion Protocols DeFi products will be used to buy ORN tokens.

What is Orion Protocol?

Orion is a solution and trading platform to aggregate liquidity across chains and exchanges – in the Orion Terminal.

How Orion Protocol works

Orion is built on DPoB (Delegated Proof Of Brokers) a network of brokers and stakers.

Brokers runt the Orion Broker Software to execute trades.

Requirements for Brokers

  • $10,000 equivalent of ORN staked. The more ORN tokens staked, the higher the chance of being chosen.
  • Broker Software.
  • Multiple exchange accounts.

The broker executes trades from the liquidity aggregator via their exchange accounts and receive trading fees.

Voters

Non-brokers stake ORN tokens to vote for their broker of choice, based on the benefits a broker shares with voters.

Staking

Earn terminal transaction fees by staking tokens.

Discounts

  • When paying with tokens.

Token Isssuance

Total supply: 100 000 000

Released over 20 monthts.

Distribution

45% Token sale
6% Advisors
13% Marketing
12% Team
24% Orion Foundation

Issuance price: $0.1

Docs

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ORN token price

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