Orion Protocol Launches ‘Launchpad Liquidity’ to Enable Launchpads to List Incubated Projects on Their Own DEX

Place/Date: - February 19th, 2021 at 6:06 pm UTC · 3 min read
Source: Orion Protocol

Orion Protocol, the decentralized gateway to the entire crypto market, has announced DuckDAO as the first partner to utilize Orion Launchpad Liquidity.

Orion Launchpad Liquidity enables the launch of incubated projects on the launchpad’s own platform, via a seamless whitelabel swap DEX with the liquidity of the entire market. With Orion’s solution, incubated projects raise funds on the launchpad platform, and list on their own Swap immediately afterwards.

While any launchpad can create their own swap to facilitate this, liquidity is not guaranteed. With any new exchange or swap product, the liquidity will always be low on launch – regardless of the liquidity provider incentives. Orion Protocol aggregates the liquidity of the entire market into one platform and as such, Orion Launchpad Liquidity enables this bottomless liquidity to the launchpad’s swap platform, while practically eliminating slippage for the end users.

Orion Launchpad Liquidity was created to address inefficiencies in the existing launchpad process, from both a user and launchpad perspective. Typically, there’s a disconnect between fundraising, distribution, and the secondary market: projects raise funds on one platform, distribute tokens, and then add liquidity on a separate decentralized exchange several hours later. As well as giving rise to the possibility of fake tokens appearing before an official listing, this process is reliant upon liquidity providers (LPs) and thus impaired by low initial liquidity. Furthermore, it renders launchpads unable to further monetize projects beyond fundraise, despite having been integral to launch.

A community-backed decentralized incubator, DuckDAO will utilize Orion’s latest solution to streamline their launchpad process: enabling the fundraising, token distribution, and listing on the secondary market all on one platform through the development of DuckSwap. DuckSwap will be seamlessly integrated into DuckStarter and will enable DuckDAO to dramatically improve the current launchpad model. DuckDAO aims to democratize access to crypto investment opportunities, giving everyday investors opportunities that were previously open only to venture funds.

DuckDAO founder Lukas Schiefer said:

“We are excited at the prospect of launching our new swap protocol with Orion as a partner on our side. This partnership will reveal a trove of opportunities for DuckSwap to grow and succeed in the long run.”

Alexey Koloskov, Orion Protocol Co-founder and CEO, said:

“We’re pleased to be working with DuckDAO as the first partner to utilize Orion Launchpad Liquidity. By building a swap protocol integrated into their platform and connected to the liquidity of the entire market, we believe we have built the missing piece to the launch pad ecosystem.”

As well as improving the user experience, Orion Launchpad Liquidity develops a new revenue stream for launchpads, not only on transactions for incubated projects, but every transaction on their swap. Through connecting to the entire crypto market, this virtually eliminates slippage for end users. Through Orion Launchpad Liquidity, launchpads can reach new audiences, create additional revenue streams, and accelerate platform growth.

About Orion Protocol

Orion Protocol aggregates the liquidity of the entire crypto market into one decentralized platform, and represents a non-custodial gateway to crypto for traders throughout the world. In addition, the Protocol offers private banks, wealth managers, and funds a compliant and user-friendly point of access to the digital asset crypto market. With the ORN token at its core, Orion has developed 13 different revenue streams across its stack of solutions.