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Orion Money Stock

Orion Money

ORION

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Orion Money Whitepaper

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Börse Marktpaar Preis +2% Tiefe -2% Tiefe Volumen (24H) Volumen % Typ Liquiditätsbewertung Aktualität
GateORION/USDT012.08478,492.350cex47/9/2025, 6:23 AM
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Orion Money FAQ

What is Orion Money (ORION)?

Orion Money (ORION) is a cryptocurrency savings platform within the DeFi ecosystem designed to maximize the profitability of stablecoins for users. Launched in the first half of 2021, Orion Money aspires to be an extensive cross-chain stablecoin bank and a hub for DeFi products, aiding users in expanding their assets through seamless processes for accumulating, lending, and spending stablecoins. Functionality: Users deposit stablecoins to earn a fixed income, which exceeds the rates offered by competitors in the market. ORION, the native token of Orion Money, provides users with opportunities to enhance stablecoin APY, earn revenue rewards, and participate in the ecosystem's governance. The advantageous APYs of Orion Money are facilitated by the Anchor savings protocol, built on the Terra blockchain, ensuring low volatility in stablecoin returns. The Orion Money ecosystem is composed of three principal products: Orion Saver, Orion Yield & Insurance, and Orion Pay. Founders of Orion Money: The core team of Orion Money consists of three key individuals: Vol Pigrukh, Kos Chernysh, and Sam I Am. Vol Pigrukh and Kos Chernysh are experienced tech entrepreneurs. They co-founded Profitero, an e-commerce analytics company that evolved into a medium-sized enterprise with 300 employees, generating $20 million in annual revenue, serving clients such as Amazon, Google, Coca-Cola, General Mills, Unilever, and P&G. Vol Pigrukh, a former developer, has a background in commercial roles at Microsoft and Google and has established several startups focused on business development, operations, marketing, and sales. Kos Chernysh oversees technology and development at Orion Money and is an experienced DevOps engineer with a proven history in launching startups, specializing in product management, software development, and scaling engineering teams. Sam I Am, the third core team member, directs ecosystem and community development. He became involved in monetary policy in 2014 and has been actively investing in cryptocurrency since. As one of Terra's early investors, Sam joined the community in 2019, gaining its support. Orion Money's advisory team includes notable figures such as Do Kwon (Founder of Terra and CEO of TerraForm Labs), Matt Cantieri (General Manager of Anchor), Luke Saunders (CTO of Delphi Labs), and José Maria Macedo (Partner at Delphi Digital). Its partners include Delphi Digital, Terraform Labs, and Anchor Protocol. Unique Features of Orion Money: Orion Money stands out as a cross-chain stablecoin bank integrating USDT, USDC, DAI, BUSD, and UST, offering up to 20% income on stablecoin holdings post-token generation event. The project is fortified by a robust network of allies, investors, and partners, notably Terra and Anchor Protocol. Orion Money has also teamed up with Delphi Digital and InsurAce to establish risk funds and secure user deposits. Additionally, Orion Money secured first place in the DeFi Connected Hackathon. The services offered by Orion Money focus on three main domains:

Orion Pay: The anticipated launch timeframe is set for the second to third quarters of 2022. By this period, the team aims to implement direct cryptocurrency-to-fiat payment capabilities and integrate the functionality of a crypto-debit card, enabling users to make payments using stablecoins with a high yield.

The Orion Money team is poised to introduce a series of new features, including Tokenize Derivatives, Orion Loans, and Protocol-specific Optimizers. However, specific launch dates have not been disclosed. Related Pages: Explore insights about Terra (LUNA). Delve into the progress and development of Terra with Flipside Crypto. Gain a deeper understanding of Orion Money (ORION) with Eulerpool Alexandria. Access the latest data about Ethereum (ETH). Learn about stablecoins through an in-depth guide. Enhance your crypto knowledge with the Eulerpool glossary. How Many Orion Money (ORION) Coins Are There in Circulation? ORION is an ERC-20 governance token deployed on Ethereum and integrated with Terra, Polygon, and BSC. This compatibility allows dApps to operate efficiently across these networks and supports cross-network transactions. The ORION token is designed to facilitate governance within the protocol and establish a revenue-sharing mechanism. Developers aim to introduce multiple income streams linked by ORION, which will function as a value-acquisition mechanism for the protocol. The total token supply is capped at 1,000,000,000 $ORION. As of November 2021, 2% of the total supply is in circulation, equating to 22,186,472.57 coins. ORION token allocation: - 30% to Staking Fund; - 22% to Team & Advisors; - 20% to Community Fund; - 10% to Seed Token Sale & IDO; - 7% to Liquidity; - 7% to Private Farming; - 4% to Airdrop. Use cases for ORION tokens: - Advanced APY; - Interest payment; - Administration; - Staking (stake ORION to earn ORION). Sources of commission for ORION buyback: - Fees earned from the project; - 5% commission from Orion Validator. The ORION token is essential for the stable operation of the platform and executing functions within the Orion Money product suite. It enhances profits earned by Orion Saver, entitles users to receive a share of the income generated by dApps, and provides opportunities for participation in platform governance. How Is the Orion Money Network Secured? Orion Money has successfully completed three audits by RD Auditors & Solidified, attesting to its reliability within the community. RD Auditors concluded: "We found 0 critical, 0 high, 0 medium, 0 low, and 0 very low level issues." Additionally, Orion Money operates the largest Proof-of-Stake (PoS) validator on the Terra network. Utilizing the PoS consensus mechanism, the blockchain verifies transactions, mitigating various issues. The PoS method enhances resistance to cyberattacks, as the structure functions as a deterrent against malicious entities targeting the system. Where Can You Buy Orion Money (ORION)? As of November 2021, Orion Money's native token, ORION, is listed on several cryptocurrency exchanges, including Uniswap (V2), Gate.io, PancakeSwap (V2), AEX, and DODO BSC. Interested in tracking live ORION prices? Access the Eulerpool mobile app. Eager to gain market insights? Visit our blog for the latest industry news, product updates, events, and announcements.

Investors interested in Orion Money are also interested in these Cryptos

This list presents a carefully selected selection of Cryptos that might be of interest to investors. We have our own crypto analyses for all listed Cryptos on Eulerpool.

Beginnings and the Rise of Cryptocurrencies

The history of cryptocurrencies began in 2008 when an individual or group using the pseudonym Satoshi Nakamoto published the whitepaper "Bitcoin: A Peer-to-Peer Electronic Cash System." This document laid the foundation for the first cryptocurrency, Bitcoin. Bitcoin utilized a decentralized technology known as blockchain to enable transactions without the need for a central authority.

In January 2009, the Bitcoin network commenced with the mining of the Genesis Block. Initially, Bitcoin was more of an experimental project for a small group of enthusiasts. The first known commercial purchase using Bitcoins occurred in 2010, when someone spent 10,000 Bitcoins on two pizzas. At that time, the value of one Bitcoin was just fractions of a cent.

The development of other cryptocurrencies

Following the success of Bitcoin, other cryptocurrencies soon emerged. These new digital currencies, often referred to as "Altcoins," sought to use and improve blockchain technology in various ways. Some of the most well-known early Altcoins include Litecoin (LTC), Ripple (XRP), and Ethereum (ETH). Ethereum, founded by Vitalik Buterin, was particularly distinct from Bitcoin, as it enabled the creation of smart contracts and decentralized applications (DApps).

Market Growth and Volatility

The cryptocurrency market grew rapidly, and with it public attention. The value of Bitcoin and other cryptocurrencies experienced extreme fluctuations. Highlights such as the end of 2017, when the Bitcoin price nearly reached 20,000 US dollars, alternated with sharp market crashes. This volatility attracted both investors and speculators.

Regulatory Challenges and Acceptance

As the popularity of cryptocurrencies rose, governments around the world began to grapple with the regulation of this new asset class. Some countries adopted a friendly stance and encouraged the development of crypto technologies, while others introduced strict regulations or outright banned cryptocurrencies. Despite these challenges, the acceptance of cryptocurrencies in the mainstream has steadily increased, with companies and financial institutions starting to adopt them.

Recent Developments and the Future

In recent years, developments such as DeFi (Decentralized Finance) and NFTs (Non-Fungible Tokens) have broadened the range of possibilities offered by blockchain technology. DeFi enables complex financial transactions without traditional financial institutions, while NFTs allow for the tokenization of artwork and other unique items.

The future of cryptocurrencies remains exciting and uncertain. Questions about scalability, regulation, and market penetration remain open. Nevertheless, interest in cryptocurrencies and the underlying blockchain technology is stronger than ever, and their role in the global economy is expected to continue growing.

Advantages of Investing in Cryptocurrencies

1. High Return Potential

Cryptocurrencies are known for their high potential returns. Investors who got in early on projects like Bitcoin or Ethereum have made substantial gains. This high return makes cryptocurrencies an attractive investment opportunity for risk-seeking investors.

2. Independence from Traditional Financial Systems

Cryptocurrencies offer an alternative to the traditional financial system. They are not bound to the policies of a central bank, making them an attractive hedge against inflation and economic instability.

3. Innovation and Technological Development

Investing in cryptocurrencies also means investing in new technologies. Blockchain, the technology behind many cryptocurrencies, has the potential to revolutionize numerous industries, from financial services to supply chain management.

4. Liquidity

Cryptocurrency markets operate around the clock, which means high liquidity. Investors can buy and sell their assets at any time, which is a clear advantage compared to traditional markets that are tied to opening hours.

Disadvantages of Investing in Cryptocurrencies

1. High Volatility

Cryptocurrencies are known for their extreme volatility. The value of cryptocurrencies can rise or fall quickly and unpredictably, posing a high risk to investors.

2. Regulatory Uncertainty

The regulatory landscape for cryptocurrencies is still emerging and varies greatly from country to country. This uncertainty can lead to risks, especially when new laws and regulations are introduced.

3. Security Risks

While blockchain technology is considered very secure, there are risks associated with the storage and exchange of cryptocurrencies. Hacks and fraud are not uncommon in the crypto world, which requires additional precautions.

4. Lack of Understanding and Acceptance

Many people do not fully understand cryptocurrencies and the underlying technology. This lack of understanding can lead to misguided investments. Additionally, the acceptance of cryptocurrencies as a means of payment is still limited.