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The Kira Network partnership with @orion_protocol is bigger news than being discussed!
Being able to stake, non-custodially any digital asset while integrated in the Orion Protocol that accesses the entire market is #Defi on fire!
#Orn $ORN #OrionProtocol
Being able to stake, non-custodially any digital asset while integrated in the Orion Protocol that accesses the entire market is #Defi on fire!
#Orn $ORN #OrionProtocol
KIRA's novel consensus — Multi-Bonded Proof of Stake (MBPoS) enables token holders to generate revenues from staking any digital asset — cryptocurrencies, stablecoins, digital fiat, or even NFT’s while maintaining full liquidity via natively supported liquid staking.
KIRA Interchain Exchange Protocol, deployed on top of the KIRA Network is going to be the very first DeFi application propelled by the liquidity of assets at stake. Thanks to IXP, users will be able to trade and stake their assets at the same time.
This integration will see a cross-chain asset bridge built between KIRA Network and Orion Protocol, allowing for non-custodial staking of any asset type, where tokens and their staking derivatives can be both staked and traded at the same time.
In accordance with Kira's roadmap, this will allow Orion Protocol to further expand its staking offering beyond its native ORN token, allowing Orion Terminal traders to stake multiple assets using ORN and other token derivatives as leverage.
Stake-Farming: Traders will be able to earn revenues from staking ANY digital asset type, including stablecoins and even NFT’s.
Leveraged Staking: Stakeable assets will be able to earn revenue on multiple chains at the same time, enabling traders to utilize full potential of
Leveraged Staking: Stakeable assets will be able to earn revenue on multiple chains at the same time, enabling traders to utilize full potential of
capital without high risk factors.
Liquid Staking: All tokens at stake will remain liquid allowing traders to transfer value of stake and yield-farm while earning block and fee rewards.
This integration will provide a non-custodial platform for the staking of any asset type,
Liquid Staking: All tokens at stake will remain liquid allowing traders to transfer value of stake and yield-farm while earning block and fee rewards.
This integration will provide a non-custodial platform for the staking of any asset type,
allowing traders to monetize their digital assets while retaining full control. Users directly communicate with the network, with no middleman or centralized entity required to host the backend or front end, while seeing no limitation in terms of value of stake.
