Ana Plotnikova, blockbank CEO and Co-Founder, specified “We are extremely excited about the partnership with Orion.Money. It has been imperative for us to partner with projects that complement our diverse crypto-finance product portfolio and align with our values and vision.”
The initial step in the combination stage includes Orion.Money’s native cryptocurrency token $ ORION which is now carried out into the Centralized side of the blockbank platform, offering users the capability to buy the token straight with the EURO currency along with USDT
OrionMoney uses the Terra blockchain to accomplish a high yield on stablecoins along with low deal costs. Orion.Money uses competitive yields of 13.5% for USDT, USDC, DAI, BUSD, and 16.5% for UST, with yields increasing in the future.
Compared to other cost savings options on the marketplace– Orion.Money yields are repaired and do not differ depending upon the marketplace conditions and do not have impermanent loss threat, unlike when offering liquidity to the decentralized exchanges. Users get yields in the very same stablecoins as transferred with a choice to get it in the $ORION token.
Users of blockbank’s platform will have the capability to make use of the above through the Orion.Money dApp combination along with the $ORION token as a deposit for their debit cards. Just like a regular debit card, utilizing cryptocurrency debit cards enables users to finish daily deals. The user will require to trigger the wise swap function with the digital currency of their option.
Blockbank debit cards use our consumers a variety of market-leading benefits consisting of money back rewards, loaning and loaning choices, complimentary virtual cards, and no monthly/yearly costs. To lure brand-new candidates for this card, blockbank will waive its application cost for brand-new candidates in addition to any deal costs for the very first 90 days.
And lastly, designers from Orion.Money will be working side by side with blockbank designers in our sandbox advancement environment. Central to these joint advancement efforts will be the combination of the Orion.Money dApp into the blockbank mobile and web applications. The sandbox is open to any task that wants to broaden its offering into the blockbank application in a collaboration with blockbank to make sure the growth of services and items to the blockbank users.
Vol Pigruth, Co-Founder of Orion.Money, summed up the advantages of these collaborations as follows: “We’re very happy to partner with blockbank as both our projects work for the same goal – to bring financial independence and passive income for our users. By working together Orion.Money will benefit from more ways to trade $ORION token, access to blockbank debit card and other useful features.”
If you desire a much deeper dive into the Orion.Money dApp, have a look at our previous blockbank upgrade.
Blockbank bridges the space and aims to offer our users with smooth combination in between conventional monetary systems and CeDeFi. In short– we are bringing the complete banking experience to CeDeFi. We are an easy to use, extremely practical, empowering, and future-proof tool to meet any of your decentralized or centralized monetary requirements– the all-in-one entrance to cryptocurrency. Our Robo consultant is the next generation of analytical tools, AI-powered suggestion systems, and academic products to assist our users browse all things crypto, make noise and notified choices.