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August 4, 2021

Fantom: the first Spotlight project on Orion Pool

Announcements

Orion Pool V2 is now live, marking the next stage of Orion. Fantom is the first Spotlight project to join Orion Pool, and Today is Fantom Day on Orion Terminal.

The FTM/USDT pool is now live. Users can start providing liquidity and trading FTM on Orion Terminal across multiple liquidity sources (centralized and decentralized) for the best price every time. Users can now:

  • Access FTM in one place across centralized + decentralized liquidity sources
  • Provide liquidity for the FTM/USDT pool and earn 0.3% pools fees
  • Earn farming rewards in ORN on top of pool fees
  • No account, no KYC: trade and farm FTM directly from your wallet
  • Trade FTM at the best price across CEX + DEX
  • Future access to advanced features like margin and lending
  • LPs joining today will be entered to win one of 10 ORN x FTM NFTs, enabling:
    • Early access to the upcoming Fantom chain integration on Orion Terminal
    • Early access to the new Fantom wallet ahead of public release

The pool follows a recent partnership with Fantom as the pilot partner for Orion Wallet Swap SDK, enabling users to access endless cross-chain liquidity directly from their Fantom wallet. Via the FTM Pool, Fantom wallet users will also be able to provide liquidity to Orion Pool directly from their Fantom wallet. Furthermore, the Fantom blockchain will be integrated into Orion Terminal. Learn more here.

Any project can create a pool now, with a review process in place initially to manage the on-boarding of new assets. Orion will remove this vetting process in time to allow any project or individual to instantly create a pool, with regular auditing and reviews in place to ensure the safety of Orion Terminal users. Learn how to create a pool here.

While any project can list on Orion Pool now, Spotlight Projects will be chosen on a limited basis through partnerships and community voting. ‘Spotlight’ placements will initially be reserved for core partners, but will be opened up to other pools and projects based on applications. Apply here.

About Orion

Orion Protocol is building the decentralized gateway to the digital asset market. The layer 2 solution enables users access to deep, cross-chain liquidity in one place – across DEXs, CEXs, and swap pools – providing access to the best price in the market without the need to ever give up their assets. Orion seeks to solve the fragmentation of crypto markets, NFTs marketplaces, and assets from traditional finance by eventually aggregating them into one place: Orion Terminal. 

Orion is building over a dozen solutions for blockchains, exchanges, and crypto projects, resulting in over eighteen revenue streams on the protocol. The Orion ecosystem has been built with ORN holders in mind: every transaction across the multiple solutions on the protocol adds to Daily Protocol Volume, bringing lucrative rewards for stakers.

About Fantom

Fantom is a fast, scalable, and secure layer-1 EVM-compatible platform built on a permissionless aBFT consensus protocol. On Fantom, transactions are confirmed in 1 second and cost a fraction of a cent. Speed, low transaction costs, and high throughput make Fantom ideal for DeFi applications and real-world use-cases. 

Website | Docs | Research papers | Discord | Telegram | Blog | Twitter | Reddit | Github

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