Difference between revisions of "Orion Protocol (ORN)"

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=== Bugs/Hacks ===
=== Bugs/Hacks ===


* Had a $2.8 million [https://weekinethereum.substack.com/p/week-in-ethereum-news-february-4 exploit] on Ethereum via [[Reentrancy Attack|reentrancy]] (4-2-2023).
* When [[KuCoin]] got [https://cointelegraph.com/news/freeze-pause-reboot-projects-react-differently-to-200m-kucoin-hack hacked] (28-9-2020), Orion Protocol [https://www.kucoin.com/news/en-orn-has-completed-the-token-swap-trading-opening-soon updated] its [[smart contract]] to render $8.5 million stolen tokens obsolete. This shows [[centralized]] powers.
* When [[KuCoin]] got [https://cointelegraph.com/news/freeze-pause-reboot-projects-react-differently-to-200m-kucoin-hack hacked] (28-9-2020), Orion Protocol [https://www.kucoin.com/news/en-orn-has-completed-the-token-swap-trading-opening-soon updated] its [[smart contract]] to render $8.5 million stolen tokens obsolete. This shows [[centralized]] powers.



Latest revision as of 05:30, 6 February 2023

 Basics

History

Audits & Exploits

  • Orion protocol previously had a Bug Hunter Program that rewarded beta testers with up to 100,000 USDT for the most critical of bug finds. No longer an active program (30-7-2021).
  • Scored a 50% on DeFi Safety (30-7-2021):

"Certik published a Orion Token Sale audit report on July 11th 2020. This does not concern the smart contracts of the protocol that does not seem to have an audit yet. Therefore a 20% score.

Orion Protocol launched their mainnet (Orion Terminal) on May 31st 2021.

Note: Most of the Certik fix recommendations were purely informational, and did not necessarily require implementation from the Orion Protocol team."

With the comment: "Good team transparency and documentation, with decent testing. Orion lacks on Access control information, and in security."

Bugs/Hacks

Governance

Admin Keys

"a) All contracts are clearly labelled as upgradeable.

b) User is the onlyOwner of their wallet info.

No evidence of Pause Control or similar functions found in the Orion Protocol documentation."

DAO

Treasury

Token

Launch

Token allocation

Utility

Token Details

Stablecoin

Coin Distribution

Technology

How it works

Fees

Upgrades

Staking

Liquidity Mining

Scaling

Different Implementations

Interoperability

Other Details

Oracle Method

Privacy Method

Compliance

Their Other Projects

Roadmap

  • Can be found [Insert link here].

Usage

Projects that use or built on it

  • PolkaCover; from the announcement (24-3-2021): "PolkaCover will offer a white-labeled platform for Orion Protocol to allow its users to purchase Crypto Insurance products instantly through their accounts."

Competition

Pros and Cons

Pros

Cons

Team, Funding, Partnerships, etc.

Team

  • Full team can be found [here].

Funding

Partners