PolkaFoundry and Orion Protocol Collaborate to Bring Limitless Liquidity to DeFi dApps

Cross-chain interoperability is allowing DeFi users to maximize value creation. As a production hub for DeFi dApps, PolkaFoundry provides dApp developers with the tools to build a frictionless user experience across DeFi applications. Yet many users still deem the risk of DeFi too high owing to the fragmentation of liquidity across hundreds of DEXes. To solve the liquidity issue, PolkaFoundry will integrate the Orion Liquidity Boost Plugin to support the DEXes built on PolkaFoundry.

Providing market liquidity is one of the core strengths for DEXes, swap pools, NFT marketplaces, and other DeFi markets to attract traders, stakers, and lenders. Besides the ability to easily connect to all of the essential services needed for building a dApp with user-centric design, these PolkaFoundry dApps, by connecting to Orion, will also have access to the aggregated liquidity of the entire crypto market — across every CEX, DEX, and swap pool.

The partnership between PolkaFoundry and Orion brings mutual benefits to both teams. Any DEX building in PolkaFoundry can pool liquidity with other DEXes, not only within the PolkaFoundry ecosystem but also DEXes on Orion, accessed by the decentralized gateway to the crypto market, the Orion Terminal. As a result, the DEXes on PolkaFoundry also contribute to the overall liquidity of Orion, taming risk in the cryptocurrency markets and driving wider adoption.

We understand how challenging it is for a project when their newly-launched state-of-the-art DEX has low to no liquidity. Yet that happens frequently. At PolkaFoundry, we consider DEX a critical use case and try to provide DEX builders with the best tools on the market to ensure their success. That is why we integrate Orion Liquidity Boost Plugin into PolkaFoundry to provide liquidity for DEXes. It is an indispensable tool,” commented Thi Truong, Co-founder & CEO of PolkaFoundry.

“We are excited for PolkaFoundry to join with us and utilize Orion’s bottomless liquidity. Their DeFi-oriientated approach to dApp development is one which can provide an incredible amount of creativity to the crypto space. With use of our Liquidity Boost Plugin, it only intensifies this even more.”- Alexey Koloskov, Co-Founder and CEO of Orion Protocol.

ABOUT ORION

Built on the most advanced liquidity aggregator ever developed, Orion Protocol solves some of the largest issues in DeFi by aggregating the liquidity of the entire crypto market (CEXs, DEXs, swapping pools) into one decentralized platform. Orion Protocol is the first project to implement a Dynamic Coin Offering (DYCO), a new token sale framework in which utility tokens are USD-backed for up to 16 months after the TGE and participants are entitled to an 80% refund, offering protection and safety previously unseen in crypto.

ABOUT POLKAFOUNDRY

PolkaFoundry is a platform for building borderless and frictionless DeFi dApps on Polkadot. It aims to be the one-stop production hub for DeFi dApps with all the necessary features, services, integrations, and tools available for DeFi experiments, innovations, and real-world solutions. Our unique UX-enabling features bring the interoperability and scalability of Polkadot and Substrate to dApps through an intuitive interface, allowing users to seamlessly and securely access DeFi services and data, manage identities and store files.

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