A detailed project proposal was submitted by Paradigm, and approved by the Orbs OEGP committee after careful evaluation.
The goal of the project is to provide liquidity for the ORBS token using decentralized liquidity DEX protocols such as Uniswap and Balancer.
The expected benefits are:
The project consists of 3 main parts:
The Orbs team is extremely enthusiastic to kickstart this project with Paradigm!
Liquidity provisioning has proven as an invaluable DeFi tool with popular projects like Uniswap, Balancer and Curve, offering decentralized programmable liquidity. Enhancing Orbs integration into these platforms will provide an important stepping stone to future DeFi projects.
To get updates on this project, as well as other activities relating to Orbs and DeFi, join the Orbs Official Telegram Channel.