How DeFi Protocols Such as Orbeon Protocol (ORBN), Stellar (XLM) and Axie Infinity (AXS) Are Disrupting the Traditional Economy

The DeFi movement has exploded in the last few years with ICOs and startups, like Stellar (XLM) and Axie Infinity (AXS), raising tens of millions of dollars to build out their protocols that support the creation of decentralized loans and tokens. One DeFi protocol has seen massive attention due to the immense potential of its project. Orbeon Protocol (ORBN) has sold out of the first stage of its presale as it disrupts the venture capital and crowdfunding industries.

This article breaks down the current state of DeFi protocols, their impact on traditional economies, and how investors can participate in this new market.



What is DeFi?

The term Decentralized Finance (DeFi) is an umbrella term for a variety of protocols that provide decentralized alternatives to traditional financial products. These include decentralized exchanges, crypto-backed loans, debt markets, and more.

The world of finance is changing. With the introduction of decentralized finance protocols, a whole new economy is beginning to take shape.

These protocols give people with any level of experience access to financial tools that they could only dream about before. This is an exciting time for those who understand and want to explore this new frontier.

Understanding how these technologies work will be necessary for anyone looking to get involved in this new space. The system works by borrowing and locking up crypto assets as collateral in exchange for stablecoins, which have significantly less volatility than their underlying assets.


The Impact of DeFi on Traditional Economy

Decentralized finance protocols such as Stellar (XLM), Orbeon Protocol (ORBN), and Axie Infinity (AXS) allow anyone to take out loans or make investments without going through a bank or any other traditional financial institution. Some can also include more novel features such as tokenization for metaverse gaming, for instance.

This has many benefits, most notably that it saves people time and reduces their fees. One downside of this is that people will have less incentive to save if they can get access to funds whenever they need them.

However, this is not necessarily bad for the global economy because it could encourage economic growth by increasing liquidity for businesses.


Stellar (XLM)

Stellar Lumens (XLM) is one of the primary protocols for decentralized finance. Stellar enables money transfer, issuing of tokens, and decentralized exchanges.

Stellar has been in operation for a long time, making it one of the oldest protocols on DeFi. Stellar aims to create a global network where anyone can send money quickly and cheaply without having to go through banks or other financial institutions.

In addition, Stellar enables individuals who have limited access to banking services – including those who live in developing countries – to be able to use its ecosystem. Stellar is for people who want complete control over their assets.


Axie Infinity (AXS)

Axie Infinity is a decentralized game with the goal of creating a virtual universe in which people can breed, trade, and battle digital creatures called Axies.

Axie Infinity will be distributed as an ERC-721 token on the Ethereum blockchain. The blockchain-based gaming platform will significantly change the way we use traditional games today. However, Axie Infinity has faced some criticism due to its falling user numbers and lack of utility. Axie Infinity may see a resurgence in popularity among metaverse gamers, however as it stands the projects native token Axie Infinity Shards (AXS) are struggling to maintain any significant value. Only time will tell what the future holds for Axie Infinity (AXS).



Orbeon Protocol (ORBN)

The venture capital market is being disrupted by the Orbeon protocol, which is giving regular investors the chance to support some of the most promising startups in the world. Orbeon Protocol gives anyone the chance to support a brand they genuinely believe in for as little as $1.

Investors have access to a marketplace that allows them to buy fractionalized, equity backed NFTs that are minted for budding startups on the Orbeon Protocol platform. This approach allows startups to raise capital in a more quick and efficient manner.

Orbeon Swap which is an innovative and easy to use platform where you can swap different cryptocurrencies effortlessly. As well as this, an Orbeon wallet that you can use to buy, sell, hold, or exchange both NFTs and cryptocurrencies is available. The wallet is completely decentralized too. Orbeon Protocol is also currently exploring ways to integrate with the metaverse and give users the ability to host virtual networking events and many more.

The Orbeon Protocol ecosystem is powered by the ORBN token, which gives holders several benefits such as staking to earn passive income, governance and voting rights to have a say on upcoming projects and other key decisions, discounts on trading fees, cashback rewards paid in USDC, and access to upcoming fund rounds and exclusive investor groups.

The protocol is soon launching a private investor VIP club known as the Winners Circle that will give members access to funding rounds and face to face meetings with the project founders. 

This unique functionality has led to a colossal surge in popularity for the Orbeon Protocol presale. ORBN is currently trading at $0.004, but analysts predict this will surge to $0.24 by the end of presale.


Find Out More About The Orbeon Protocol Presale




The post How DeFi Protocols Such as Orbeon Protocol (ORBN), Stellar (XLM) and Axie Infinity (AXS) Are Disrupting the Traditional Economy appeared first on Analytics Insight.

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