Introduction

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27 Jan 2023
25


Introduction

Orion Fi is a community-driven DAO utilizing the bond model powered by Arbitrum Chain.
The first product of Orion will be a reserve currency protocol, and everyone can gain from the growth of the treasury of Orion.
We are very honored to become a part of the Arbitrum ecosystem, and we will seek more cooperation with other protocols on Arbitrum to expand the adoption of the ORION tokens.

How do I participate in Orion?

It will be possible for you to participate in Orion in two different ways when the product is ready.
For market participants, staking and bonding are the two main strategies. After a fixed vesting period, holders stake their ORION tokens for more ORION tokens, and bonders exchange LP or USDC tokens for discounted ORION tokens.

How can I benefit from ORION?

Stakeholders primarily benefit from supply growth. The protocol mints new ORION tokens from the treasury, most of which are distributed to stakeholders. Consequently, stakeholder gains will come from auto-compounding balances, though price exposure remains an important factor. As a result, stakers would profit if coin balance increase outpaced price drop (due to inflation).
Bonders are mainly benefited by price consistency. The bonder commits capital upfront and receives a fixed return at maturity; that return is in ORION so the bonder's profit depends on the ORION price at maturity. In conclusion, bonders benefit from a rising or static ORION price.

Who created Orion?

Orion core team members are located in various time zones. We believe that a decentralized autonomous organization (DAO) will be a more advanced form of organization in the future and we utilize collaboration tools to work in a decentralized manner.

Who runs Orion?

Orion is a project that is supported by the community, and the community members will have the ability to govern it through voting.

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