Orion Bridge Will Be Live To The Public On January 31st 2022

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.

As we enter the year 2022, the Orion Protocol has prepared a new product that will surely be enjoyed by its supporters and users. Let’s take a look on Orion Bridge.

Orion Bridge will be live to the public on January 31st, 2022. Orion Bridge is the first cross-chain bridge built on peer-to-peer communication via atomic swap technology. It enables users to trade popular assets across different blockchains without limits, delays, refused orders, or blocking of funds. Users don’t lose ownership of their tokens until they receive the corresponding pegged tokens on the chosen network – eliminating the issues associated with other bridges in the market.

Orion Bridge is the first step towards market-wide interoperability. Atomic swaps are a powerful continuation of the idea of “removing” the boundaries between blockchains. Orion  will integrate further chains and plan to move all transaction settlements to a cheap network in a way that remains transparent to users – finally removing the boundaries between blockchains. In its first iteration, Orion Bridge bridges Ethereum and Binance Smart Chain networks.

Orion Bridge Features

• enabling cross-chain swaps without limits, delays, refused orders, or blocked funds.
• There’s No bridge fee for V1 (only network fees)
• Swap corresponding tokens between ETH + BSC (eg 1000 ERC20 ORN to 1000 BEP20 ORN)
• No minimum or maximum limits (the only limit is Broker’s available balance at Exchange Contract in the target network)
• No deposit needed (use cumulative balance on the exchange and the balance of your own wallet)

Orion Bridge has been integrated into Orion Terminal, allowing for true cross-exchange, cross-chain liquidity aggregation.

ABOUT Orion Protocol
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.

RESOURCES
Orion Blog