Orion Money is a project that deserves review due to the token making it to top gainers chart on coinmarketcap. Nowadays, the cryptocurrency world is being driven by memes, shitcoins and non-functional tokens, created on several different networks and blockchains, which serve no purpose at all other than tricking users into trading those assets to create market fluctuations that are backed by no specific reason at all and are all artificially made. This mess must come to an end, and cryptoandreviews.com is here to do that.
The benefits of Orion Money are closely linked to the utility of the tokens which will be reviewed on this article.
Cronos, PancakeSwap and The Sandbox all had a quick run up when they were introduced into the market. Many people invested in the initial idea while others didn’t. You know the rest of the story as of today.
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Orion Money Review
About Orion Money
A lot of investors have hurriedly delved into investing on a project they have little knowledge about Due to Fear Of Missing Out. So on this article, we will review Orion Money token by explaining what the coin is about, insights on the project listing the pros and cons, the supply and how legit/safe the token is for investment.
What is Orion Money?
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.
Orion Money Supply
There are 93,054,917.54 ORION in supply worldwide.
Pros and Cons of Orion Money
Pros of Orion Money
- There is a surge in the market price currently
- Project whitepaper available
- There is a community
- Contract on Binance Smart Chain
- They are fully decentralized
- A lot of investors are ‘flocking’ to invest
- It is listed on coinmarketcap
- Good navigational website – Orion Money
Cons of Orion Money
- The coin is still under research and development
- Multiple issues with its synchronizations between ledgers
- Not listed on some exchanges
- No Github profile
- They have no reddit account
- No Bitcointalk thread created
- No traceable features on tradingview
Is Orion Money Legit or Scam?
A cryptocurrency project requires you to part with your hard earned cash in order for you to become successful. You expect some level of transparency and professionalism from a project or the team that is asking for your money.
According to research and reviews, Orion Money have developed a problem solver but with a weak back up for the token they produce. Going through their community and roadmap about their project, their visions and aims have so far been achieved.
Is Orion Money Safe?
Being willing to invest in any token is a question entirely up to you to answer. Orion Money token has a formidable team and vision to backup their digital assets and project. The project will succeed but depends if the team keeps the vision active and alive.
Make personal research on the coin, visit coin’s official website.
Follow our blog to learn about coin legitimacy. You can share your thoughts and experiences about Orion Money on the comment section below. Don’t forget to rate and leave Orion Money a review.