Orion Protocol Introduces Staking Calculator

Orion Protocol Introduces Staking Calculator
HeadlinesNewsOrion Protocol Introduces Staking Calculator

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Orion Protocol Introduces Staking Calculator

U.Today2 months ago
Published on February 23, 2021 08:00 GMT+0edited on February 23, 2021 08:01 GMT+0

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Decentralized liquidity aggregator Orion Protocol has launched a staking calculator that makes it possible for users to determine their total rewards.

The community will be able to calculate what exact yield it will be earning prior to the mainnet launch.

It takes into account such parameters as the daily trading volume of a certain protocol, the amount of staked Orion (ORN)—as well as your personal amount—and the current market price of the native token.

For instance, generating the same volume as Uniswap's rival fork SushiSwap would result in an annual percentage rate (APR) of over 300 percent, implying that the token is trading at the same level.