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Orion Announces Exclusive Integration with Chainlink

Orion Protocol Integrates with Chainlink to Fully Collateralize Orion’s Decentralized Brokerage. Orion Protocol, the DeFi platform building B2B and B2C solutions on the most advanced liquidity aggregator ever developed, is pleased to announce an exclusive integration with market-leading oracle network, Chainlink, to achieve full collateralization of Orion’s Decentralized Brokerage.

TL;DR: 

- This integration will see all of Chainlink’s oracles serve as a reference price for issuing loans and triggering on-chain liquidations in Orion’s Decentralized Brokerage, by ensuring that all broker services are fully collateralized by ORN.

- Orion Protocol will be using and supporting an upcoming Chainlink-powered ORN/ETH price oracle, as well as integrating all price oracles available.

- Orion Protocol will provide Chainlink with data from its advanced liquidity aggregator to bolster Chainlink’s price oracle services, making Orion Protocol’s trading data available to other DeFi dApps via the Chainlink Network.

- The decentralized structure and real time price feeds from all CEX, DEX, and swap pools in the market will provide Chainlink with rich data to enhance their price oracles – adding reliability and accuracy to their ecosystem.

 

Orion Protocol, the DeFi platform building B2B and B2C solutions on the most advanced liquidity aggregator ever developed, is pleased to announce an exclusive integration with market-leading oracle network, Chainlink. This integration will see all of Chainlink’s oracles serve as a reference price for issuing loans and triggering on-chain liquidations in Orion’s Decentralized Brokerage. 

Integrating Chainlink’s secure, decentralized price feeds is an important step in bringing trustless settlement to the Orion Protocol, particularly by ensuring that all broker services are fully collateralized by ORN. Orion Protocol will be using and supporting an upcoming Chainlink-powered ORN/ETH price orac...

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