Monday, February 21, 2022

Orkan - A Meta Governance Protocol Over Liquidity Flow Within the Fantom Ecosystem - YouTube

Orkan - A Meta Governance Protocol Over Liquidity Flow Within the Fantom Ecosystem - YouTube:

Description: A decentralized reserve currency. $BTRFLY for $FTM, leveraging $Spirit new gauge system to pose as an ecosystem proxy. The Orkan ($ORK) is a meta-governance protocol that aims to bootstrap the liquidity flow on the Fantom Opera Blockchain. $ORK is our token on Fantom network. It’s going to use bond issuance to acquire governance tokens from the projects that employ liquidity gauges and locking mechanisms as exchange incentives. At the time of publishing, we are mainly referring to SpiritSwap and LiquidDriver.

Also, by using some of the voting power accrued by the Orkan, we are looking to enable deep liquidity and usage of wrapped BTC assets within Fantom. But why? To build our way to one of our long-term objectives: creation of a powerful, flexible and unprecedented neutral entity across the interchain. This will allow our holders to (safely) enjoy numerous incentives in an unpredictable and diversified liquidity landscape.


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