Orbs To Provide Liquidity Towards Benchmark Protocol Liquidity Pools
Orbs collaborated with binance.org has agreed to provide liquidity towards Benchmark Protocol Liquidity pools on The Press.
The addition of this liquidity is part of their integration strategy to scale accordingly in the coming months with the roll out of the Benchmark P2P Marketplace among other unannounced updates.
About Orbs
Orbs is a public blockchain infrastructure designed for mass usage applications, offering developers a proper mix of performance, cost, security and ease of use. The Orbs protocol is decentralized and executed by a public network of permissionless validators using Proof-of-Stake (PoS) consensus.
About Benchmark Protocol
Benchmark Protocol mitigates liquidation events and hedges risk with the MARK token; a supply elastic, stablecoin-alternative that connects traditional capital markets to DeFi. The protocol operates as a rules-based utility that dynamically adjusts supply based on the CBOE volatility index (VXX) and deviations from the target metric is equal to 1 Special Drawing Rights (SDR) unit.