Serban’s Crypto Picks: Orion ($ORN) Staking Update

Orion is one of the projects we are very bullish on, with potential to become the go-to place for crypto traders, aggregating order books from both centralized and decentralized exchanges. They are now launching their Orion Pool where we will be able to stake (lock) our $ORN in order to earn more $ORN. This is rather simple and relatively risk free. For the more adventurous there’s also the option to stake ORN in liquidity pools alongside USDT, BUSD, BNB or ETH, but this creates the risk of impermanent loss (IL) – not for the risk averse average trader (read more about IL here: https://academy.binance.com/en/articles/impermanent-loss-explained).
June 22nd is when the pools open and we’ll learn more of how it works and what the rewards are exactly. There will be no min/max limit to the amount of $ORN we can stake and also no limit to the locking period. We’ll get back to you with more once we stake our $ORN.