Orion
Crypto Overview
Overview
Orion Protocol is a liquidity aggregator that aims to aggregate the liquidity of multiple trading platforms into a unified decentralized platform. The ORN token is used for governance, staking, and platform fees.
Purpose and Utility
The primary purpose of ORN is to serve as the native token of the Orion Protocol ecosystem. It is used for: Platform fees payment, Governance participation, Staking for operating broker nodes, Access to premium features.
Business Model Evaluation
The core business model revolves around providing a decentralized gateway to centralized and decentralized exchanges' liquidity. The protocol generates revenue through trading fees, which are partially distributed to ORN stakers.
Real-World Adoption
Orion Protocol has established partnerships with multiple exchanges and blockchain platforms. The protocol shows active trading volumes and user engagement, though adoption remains in development phase.
Development Activity
The project maintains regular development updates and releases. The team continues to expand the protocol's features and capabilities, with active GitHub repositories showing consistent commits.
Token Distribution
The token distribution includes allocations for team members and early investors with standard vesting periods. The distribution structure appears reasonable and aligned with industry standards.
Crypto Impact
To assign a comfort level investing in Orion from a halal perspective we need to determine whether it has a net positive or negative impact.
Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to Orion.
If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.
We will review your contribution for accuracy before publication.
Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.
You only have one vote per asset so use it wisely.
You can change your vote if you change your mind.