Saturday, April 10, 2021

Orion Protocol Partners With IOG to Become First Liquidity Aggregator to Cardano

Orion Protocol, the first and only decentralized gateway to the crypto market, has partnered with IOG, the software firm behind the development of Cardano (ADA), to become the first liquidity aggregator to the Cardano blockchain.

The new development was announced a few hours ago via Orion Protocol’s official Twitter handle.

Read Also: Does Cardano Have Any Chance To Topple Ethereum? Crypto Trader Lack Davis Weighs In

According to the report, Cardano’s IOG will work in conjunction with Orion Protocol to enable the scalability and sustainability of the decentralized finance (DeFi) and non-fungible token (NFT).

“Orion Protocol partners with IOG to become the first liquidity aggregator to the Cardano blockchain. Meanwhile, the pair will work together to enable the scalability and sustainability of the DeFi and NFT spaces.”

Read Also: Cardano Development Fund Expands with $500,000 Round, Surpasses Dash and Ethereum’s DAOs Combined

Reacting to the new development a few hours ago, the CEO of Orion Protocol wrote:

“It’s a huge honor to partner with IOG to become the first liquidity aggregator to the Cardano blockchain. We share their mission to build a scalable and interoperable ecosystem, and we look forward to working together to achieve a sustainable future of DeFi.”


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

Tobi Loba
Tobi-Loba is a creative and an award-winning writer with over 5 million readers from all over the world. She has B.A in English and Literature from a reputable University and currently studying for her M.A in the same field. She recently became a contributor at Herald Sheets in order to satisfy her thirst in reporting crypto and blockchain occurrences, the interest she built over the years.

Related Articles

Latest Articles