Thread by @matteo_titta

🧵/ Deep dive into @orion_money w/me. Their built-in cross-chain interoperability will be key for crypto mainstream adoption.

If you still think L1 is a winner-take-all b/w @ethereum @BinanceChain @solana @Cardano @polkadot, you need to read this and refocus on @terra_money.

Let's dive into:
•Fundamentals, use cases & tech
•Market signals
•Product roadmap & team
•Tokenomics
•Community

Stick around 😇

1/🏦 @orion_money is building the first, decentralized, cross-chain stablecoin bank where YOU can:
•Earn 15-25% *stable* APY yield on *ANY* stablecoin
•Earn even more w/ staking rewards
•Get insurance on your deposits
•Spend your stablecoins to buy goods

2/🤑 Basically, what an actual bank should do, EXCEPT:
•They don't have your personal details (decentralized)
•Yields are ~15-25%, not 0.05%
•You are responsible for your buck

A bank that gives back, but also teaches you how to own your outcomes.

Cool, how does it work?

3/💹 Their yield pulls from @anchor_protocol ofc — the @stripe for savings by @terra_money. Anchor rate is much higher/stable than @compoundfinance or @AaveAave (who use interest rate models) because of their unique bonded assets model.
docs.anchorprotocol.com/protocol/bonde…

4/🔁 @anchor_protocol reimagined lending:
•Lenders deposit $UST and earn interest
•When borrowers borrow $UST, they need to mint a bonded asset as a collateral
•These assets are overcollateralized (2.5-3x), and generate staking rewards
•These rewards are paid back to lenders

4/🌉 Directly with the Anchor team, @orion_money built EthAnchor — the bridge between Terra and other blockchains.
•You deposit stablecoin
•EthAnchor uses smart contracts to 'wrap' them in Terra-compatible coins (wUST)
•You enjoy Anchor's rates w/o swaps or leaving your chain

5/🌎 Before, u could access Anchor's rate only depositing $UST (only on Terra). EthAnchor makes it available to ALL stablecoin markets (~130B+ market cap). Great market signals, given these will be multi-trillion markets before u know it.

jumpcap.com/insights/stabl…

7/⛓ *Cross-chain* means you can access @orion_money dApps from any blockchain (@ethereum @BinanceChain @terra_money, soon @0xPolygon @solana?) and you can deposit any stablecoin — $USDC, $USDT, $BUSD, $UST, $DAI, etc. Interoperability magnifies access and compounds adoption.

8/⛽️ Given Ethereum high gas fees, unstable yields, and the explosive growth of @terra_money, it feels like @orion_money's fundamentals of interoperability are strong, and will drive value and adoption to @terra_money.

But can the @orion_money team deliver on this?

9/🚀 Well, in ~6 months, their team of 8:
•Built Orion Saver (Anchor 4 ALL stablecoins), w/~$190m TVL
•Minted $ORION (ERC20) + staking rewards, w/$98m staked
•Launched LP staking on $ORION + $ETH/$BUSD/$UST
•Grew a community of 150k across TG/TW/medium

10/🥳 This means you can:
•Deposit stablecoin and earn 15% a year flat (Orion Saver)
•Deposit $ORION and earn 48-60% a year flat (staking)
•Deposit an equal amount (pair) of $ORION and $ETH or $BUSD or $UST and earn ~120-150% a year

Gas fees apply!!!

11/🔥 The team is small, but made of experienced startup founders @VPigrukh, early Terra investors @SamIAm_Lunatic, and backed by @stablekwon @mcantieri and gang @Delphi_Digital @anchor_protocol @terra_money.

12/🛣 To build on this relentless execution, their roadmap is clear, practical, and realistic:
•Min. gas fees on deposits/withdrawals
•Add @polygon @BinanceChain support (@solana @Polkadot soon?)
•Add target APYs to grow yield based on $ORION staking
•Insurance/Pay products

13/🤝 They've been able to also sign some partnerships, which is a great sign of biz dev capabilities:
• @anchor_protocol to build the cross-chain bridge EthAnchor
• @BLOCKBANKapp @DeZyFinance @xdefi_wallet to integrate Orion Saver on these wallets

https://twitter.com/orion_money/status/1452640608116514824

14/🪙 Let's have a look at $ORION's tokenomics:
•1 billion max supply
•66% allocated to public (seed sale, IDOs/airdrops, Staking/Community Funds, liquidity pools)
•34% to team/advisors (42 months total vesting)
•Plans to go full DAO

Pretty fair distribution!

15/📈 Since minting in September, $ORION:
•Is available on @gate_io @Uniswap @terraswap_io @PancakeSwap
•Hovers around ~$1-$1.5 after being minted at $0.05 (29x)

And it's just the beginning! 🤯

coinmarketcap.com/currencies/ori…

16/🏗 And there's an even more solid use cases pipeline to increase its utility:
•Orion Saver (& Orion Validator) revenue and buyback
•Orion Saver target APYs
•Conversion of stablecoin yields to $ORION
•Orion Yield and Insurance revenue

$ORION 🚀 🌖

orion-money.medium.com/orion-money-li…

17/💗 Last but not least, you should see their community:
•150k across TW/TG/Medium
•15 regional Telegram channels
•$0 marketing spend

#onlyincrypto

Join us: t.me/Orion_Money

18/📒 To recap:
•Strong market signals and fundamentals
•Ambitious mission and vision
•Clear, realistic, and practical product roadmap
•Solid tokenomics and token distribution
•Good organic community growth
•Relentless team backed by top-notch advisors/partners

19/😻 What does this mean for mainstream adoption?
•Stablecoin are key driver of mainstream adoption (fulfill primary use case of currency + remove volatility)
•@orion_money will magnify stablecoin yield via @anchor_protocol, core incentive for stablecoin adoption

20/🦾 What does this mean for @terra_money ecosystem?
• $ORION yield will stack multiple growth loops
•Community will drive virality w/rewards (+ affiliate/referrals soon)
•@orion_money will be the gateway that funnels multi-chain traffic into @terra_money

Pack your bags! 🧳

🐰 🕳 Follow me down the @orion_money rabbit hole:
•Site: orion.money
•dApps: app.orion.money
•Blog: orion-money.medium.com
•TG: t.me/Orion_Money

And check this mega-thread by my friendz at @YieldLabs 🤝

https://twitter.com/YieldLabs/status/1460248200665833472