Orion Protocol Expands To Polkadot (DOT) By Integrating Moonbeam Network into Orion Terminal
AI Trading

Orion Protocol, the first and only decentralized gateway to the crypto market, has announced its expansion to Polkadot (DOT) by integrating Moonbeam Network, the easiest on-ramp to Polkadot, into Orion Terminal.

According to the report shared on 13th April 2021 via the official Twitter handle of Orion Protocol, Orion’s code was transferred to Polkadot via Moonbeam, which gives Orion instant access to the Polkadot ecosystem.

Read Also: Associated Press to Record Basketball Scores on Ethereum in Conjunction with Everipedia

“Orion Protocol Expands to Polkadot by Integrating Moonbeam Network into Orion Terminal. Orion’s code has been ported to Polkadot via Moonbeam, enabling immediate access to Polkadot’s ecosystem. UI/UX for integration into Orion Terminal is underway.”

AI Trading

Orion Protocol is designed to provide a non-custodial gateway to the entire crypto market, aggregating liquidity across decentralized and centralized crypto exchanges.

Read Also: Binance-Backed Crypto Startup Launches Airdrop of New Ethereum-Based Asset

Orion Protocol’s mission is based on solving the fragmentation of the cryptocurrency market, coupled with assets from traditional finance and non-fungible tokens (NFTs).

According to the report, Orion Protocol’s integration with Polkadot via Moonbeam gives them instant access to already existing integrations, including projects in decentralized finance (DeFi) and the NFT ecosystem.

Also, Polkadot (DOT) and Moonbeam developers will be able to leverage Orion’s decentralized gateway to access major centralized exchanges (CEX), decentralized exchanges (DEX), and swap pools in one place.

Reacting to the new development, Alexey Koloskov, Co-Founder and CEO of Orion Protocol said:

“Via Moonbeam, we’re incredibly proud to add Polkadot to our roster of chains integrated into the protocol. Orion’s code has been successfully migrated to the Polkadot ecosystem, and we are currently working on building out the UI/UX for users to be able to access the Polkadot blockchain on Orion Terminal. We look forward to becoming the first live liquidity aggregator built on the Polkadot ecosystem.”

Read Also: Coin Metrics Explains Why EIP-1559 May be Unable To Reduce Gas Fees on Ethereum Network

Director of Business Development at Moonbeam, Nate Hamilton also said:

“As we move into an increasingly multi-chain environment, liquidity is increasingly split across multiple chains. Protocols like Orion fill an important space aggregating liquidity, which also makes it easier for end-users and developers to meet liquidity needs.”

Follow us on Twitter, Facebook, Telegram, and Download Our Android App

AI Trading

HeraldSheets.com produces top quality content for crypto companies. We provide brand exposure for hundreds of companies. All of our clients appreciate our services. If you have any questions you may contact us. Cryptocurrencies and Digital tokens are highly volatile, conduct your own research before making any investment decisions. Some of the posts on this website are guest posts or paid posts that are not written by our authors and the views expressed in them do not reflect the views of this website. Herald Sheets is not responsible for the content, accuracy, quality, advertising, products or any other content posted on the site. Read full terms and conditions / disclaimer.

Solomon Odunayo

By Solomon Odunayo

Solomon Odunayo is an accomplished blockchain and cryptocurrency expert at Herald Sheets, known for his in-depth analysis and engaging articles that cater to both beginners and experienced readers. With a degree in Computer Science from the University of Lagos, Solomon leverages his technical background and keen understanding of the crypto space to provide readers with valuable insights and up-to-date news. His passion for innovation and commitment to staying current with industry developments make him a trusted voice in the digital currency community.