Connect with us

Sponsored Post

AAVE and Binance (BNB) Recover After FTX Storm, While Orbeon Protocol (ORBN) Booms During Presale




AAVE and Binance (BNB) Recover After FTX Storm, While Orbeon Protocol (ORBN) Booms During Presale

The crypto market saw extreme volatility during the FTX storm, but it appears that AAVE and Binance (BNB) have since bounced back. Elsewhere in the market, Orbeon Protocol (ORBN) is undergoing an impressive presale, with the token already raising more than USD 10 million. Let’s learn more about what happened.




AAVE is a decentralized lending platform that enables users to earn interest on deposits and borrow digital assets.  By depositing digital assets into AAVE liquidity pools, lenders can generate interest for themselves. On the other hand, by leveraging this same liquidity, borrowers on AAVE may use their cryptocurrency as collateral to secure a flash loan.

The best part about AAVE is that all of this is done in a decentralized and secure way. Smart contracts are used to ensure that all terms and conditions of lending and borrowing are met while protecting users’ funds from unauthorized access.

The FTX storm caused a dramatic dip in the price of AAVE tokens, with investors cautious about where they were putting their money. However, AAVE is a decentralized platform, and with its decentralized ethos in place, the tokens quickly regained their value after the volatility subsided.



Binance Coin (BNB)

Binance Coin (BNB) is a centralized crypto exchange platform that provides users with access to a variety of cryptocurrency products, such as spot trading, margin trading, and derivatives. Binance Coin (BNB) also offers an NFT marketplace, a project launchpad, and the Binance Smart Chain.

Like AAVE, Binance Coin (BNB) also experienced some turbulence during the FTX storm. In fact, the Binance Coin (BNB) CEO came under fire for a lack of transparency regarding the exchange’s solvency. This caused the Binance (BNB) price to fall from $397 to $266 in just a few short days.

Since then, Binance Coin (BNB) has settled investors’ nerves by releasing proof of funds and reassuring them of the platform’s solvency. Binance Coin (BNB) also clarified that it is not reliant on any single source of liquidity and has several strategic partnerships to back up its financial stability. With this news, Binance Coin (BNB) quickly regained its value and is now trading at around $300 per coin.



Orbeon Protocol (ORBN)

Orbeon Protocol (ORBN) is a new crowdfunding platform that is going from strength to strength during its presale. The goal of Orbeon Protocol (ORBN) is to create a transparent ecosystem where companies can raise funds from a global network of investors.

Orbeon Protocol (ORBN) will achieve this goal by minting startups into fractionalized NFTs and selling them to investors via a decentralized marketplace. This fractionalization allows investors to buy equity in a startup for just $1, which opens up a world of new opportunities for both companies and investors.

You’ll notice that there are no middlemen involved in the Orbeon Protocol (ORBN) process, so it’s incredibly efficient with reduced fees. Smart contracts do all of the hard work and ensure that all transactions are safe and secure.

Orbeon Protocol (ORBN) also makes use of decentralized governance via the ORBN token, which is an important factor for any modern platform. This allows the community to make decisions regarding the future of the protocol without relying on a centralized authority. Holding ORBN also provides staking rewards, reduced trading fees, and first access to new listings, ORBN is up 2092% from $0.004 to $0.0877

If you hadn’t already heard, Orbeon Protocol (ORBN) is undergoing a successful presale and has already raised by more than 980%. This is a great sign that the platform is well on its way to becoming a major player in the crowdfunding space.


Find Out More About The Orbeon Protocol Presale




Continue Reading



Pin It on Pinterest

Share This