Orion Money price

ORION

#2467

Orion Money (ORION) is a cryptocurrency savings platform in the DeFi ecosystem where users can maximize profitability of their stablecoins. Established in Q1-Q2 2021, Orion Money aims to become a full-fledged cross-chain stablecoin bank and DeFi product hub, helping users grow their assets by providing a seamless experience of accumulating, lending and spending stablecoins.

How it works: users deposit stablecoins to generate a fixed income that is higher than what market competitors are offering. And ORION, the native Orion Money token, guarantees users a chance to boost stablecoin APY, receive revenue rewards, and contribute to the ecosystem by participating in governance. Orion Money APYs are possible due to the savings protocol -- Anchor -- which is built on the Terra blockchain and generates low volatility of stablecoin returns.

The Orion Money ecosystem consists of three main products: Orion Saver, Orion Yield & Insurance, and Orion Pay.

Who Are the Founders of Orion Money?

The Orion Money сore team consists of three people - Vol Pigrukh, Kos Chernysh, Sam I Am.

Vol Pigrukh and Kos Chernysh are serial tech entrepreneurs. They are also the co-founders of Profitero - an e-commerce analytics startup that has grown into a medium-sized company with 300 employees, $20 million in annual revenue and a customer base of Amazon, Google, Coca-Cola, General Mills, Unilever, P&G.

Vol Pigrukh is a former developer who has been involved in commercial activities at Microsoft and Google. He has created an impressive number of startups in business development, operations, marketing and sales.

Kos Chernysh is responsible for technology and development at Orion Money. He is also a DevOps engineer with a long track record of launching startups in product management, software development, and scaling engineering teams.

Sam I Am, the final member of the core team, is in charge of ecosystem and community development. He plunged into monetary policy in 2014 and has been investing in cryptocurrency ever since. Sam is one of the first investors in Terra, who joined the community in 2019 and garnered their support.

Orion Money’s advisors include Do Kwon (Terra Founder and TerraForm Labs CEO), Matt Cantieri (GM of Anchor), Luke Saunders (CTO of Delphi Labs) and José Maria Macedo (Partner at Delphi Digital). The company's partners are Delphi Digital, Terraform Labs and Anchor Protocol.

What Makes Orion Money Unique?

Orion Money is a cross-chain stablecoin bank with USDT, USDC, DAI, BUSD, UST integration and the ability to receive up to 20% of stablecoin income after the token generation event.

One of the strengths of the project is their array of solid allies, investors and partners (Terra and Anchor Protocol at best). Moreover, Orion Money has partnered with Delphi Digital and InsurAce to create risk funds and insure user deposits. And on top of that, Orion Money won the first prize of the DeFi Connected Hackathon.

The services offered by Orion Money are focused on three areas: