Orbeon Protocol (ORBN) has successfully completed nine stages of its presale round with a 2093% growth rate, and has begun the next phase. The price of an ORBN token, which started at $0.004, during the first stage of the presale round, has moved up to $0.0877 by the tenth stage.
On the other hand, Aave (AAVE) has launched new upgrades in hopes of stopping its price from falling. Hence, those who want to invest in the DeFi sector are preferring Orbeon Protocol (ORBN) over Aave (AAVE).
Aave (AAVE) Hopes To Turn Tides With V3 Deployment On Ethereum (ETH)
The Aave (AAVE) community is hopeful that its recently launched V3 would increase the price of the token. The platform deployed its V3 iteration on the Ethereum (ETH) network last month. According to the latest data, Aave (AAVE) has attracted about $257 million in deposits since the deployment of V3. At present, the V3 deployment consists of 11 cryptocurrencies, including USDC, DAI, AAVE, ETH, LINK and others. Besides, V3 has a total value locked of $257 million.
The developments are expected to cause a spike in the price of Aave (AAVE) in the coming days. The price of Aave (AAVE) has increased by 4% on the daily chart. However, it has declined by 2% in the last seven days.
Moreover, the blockchain network’s current price is 10% down from its last month’s value. At present, Aave (AAVE) trades at $80.22, which is 87.9% below its all-time high of $666.86.
Aave (AAVE) is one of the largest decentralized lending and borrowing platforms. Aave (AAVE) was built to serve several purposes of DeFi sectors, such as lending, borrowing and staking. AAVE is the native crypto of the Aave (AAVE) network, and is used for governance and staking purposes. It was developed on the Ethereum (ETH) blockchain.
Interestingly, Aave (AAVE) was initially called ETHLend because of its function on the Ethereum (ETH) blockchain. However, Aave (AAVE) quickly expanded to other blockchains such as Fantom (FTM) and Avalanche (AVAX). The platform enables users to borrow and lend cryptocurrencies in a permissionless manner. “Flash loans” are a unique feature of the network.
Orbeon Protocol (ORBN) Aims Market Peak With Over 2093% Presale Growth
Orbeon Protocol (ORBN) has been created to help businesses meet their financial obligations by integrating blockchain technology into the crowdfunding and venture capital industry. Orbeon Protocol (ORBN) mints digital tokenized versions of promising startup companies in order to raise funds for the business.
These digital versions of businesses are represented by fractional NFTs, which can be purchased by retail investors for as low as $1. By developing NFTs-as-service (NFTaas) for enterprises, Orbeon Protocol (ORBN) has made the investment and fundraising processes cheaper, and less time-consuming.
Orbeon Protocol (ORBN) lists only promising and growing companies and projects on the network. The blockchain network ensures nothing poses a financial risk to its users. To eliminate all the possibilities of investment scams, Orbeon Protocol (ORBN) has integrated a “Fill or Kill” safety protocol in its smart contract. The “Fill or Kill” safety protocol ensures that all investors get their money back if the investment processes fall flat or the businesses fail to raise the minimum capital.
Being the native crypto, ORBN tokens will fuel the entire Orbeon Protocol (ORBN) ecosystem, which consists of four different components including Orbeon Swap, Exchange, Wallet and Metaverse. ORBN token holders will also be endowed with a range of benefits, such as discounts on trading fees, cashback rewards and the right to vote on key matters.
The market price of Orbeon Protocol (ORBN) currently stands at $0.0877 during phase 10 of the presale. The token is expected to increase to $0.24, a 6000% price increase, before the culmination of the presale.
Find Out More About The Orbeon Protocol Presale
Website: https://orbeonprotocol.com/