Orion Money Community Update — July & August 2021

Dear Orion Money Community,

The past two months were extremely busy and fulfilling months for Orion Money. Since the launch of Orion Saver Alpha in June, we have made multiple UI/UX improvements, passed additional audits, build further partnerships, and officially launched our Private Farming event which greatly exceeded our targets. We are so excited to share with you all the key developments that have happened, let’s dive into the details:

1. Orion Saver Developments

UI/UX and front-end updates

  • We have made fees and estimated final deposit amount much more transparent to improve the user deposit experience
  • Users and investors can now track Orion Money’s TVL by stablecoins via our user-friendly TVL dashboard
TVL dashboard on Orion Money

Gas fees optimization

At the top of our priority list, we have been working on minimizing Ethereum gas fees and swap slippage for Orion Saver deposits. We have developed already one solution and will launch it this week (week commencing August 30th.):

  • Internal exchange pools for USDC, USDT, and wUST which will be directly exchanged into aUSDC, aUSDT, and aUST respectively. Users depositing into Orion Saver deposits less than $20,000 will have no slippage or bridge fees (as compared to the current 0.5% of a deposit amount) and the Ethereum gas fees will be estimated 5X lower than currently.

We will also continue working on other solutions to make Orion Saver deposits easy and affordable for everybody.

Audits and Partnerships

2. Media Coverages

3. Private Farming

4. Community growth

What’s next for Orion Money?

  • We will be releasing further information on our IDOs across our social media platforms in the weeks to come.

We want to hear from you!

Join the Orion community 🙌

Feel free to ask us any questions in the Orion Money Telegram group. We are open to answering any of your queries and would greatly appreciate any feedback you have on Orion Saver Alpha. We are looking forward to growing Orion Money together with you 🚀🌕

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