Review on Orient Project by Praise Olagbadun
It Would Have Been Better If The Orient Project Would Run Forever
TThe difference between a wealthy person and one that isn't is the fact that a Wealthy person puts his or her money into work, while those that aren't wealthy puts himself or herself to work so as to make more money after spending the former, a Finance manager once said. This happens to be true as it is hard to find a wealthy person without a stock or a place where he or she invests the money they get. This would make their money work for them, instead of working for more money like the Poor people do.
I guess the blockchain network knew about this and this brought about the existence of Staking and Farming. Staking or Farming your funds isn't the difficult thing to do, but finding an authentic Staking or Farming platform is. I hereby bring to you a platform that assures traders of their authenticity. This platform is known as the Orient platform.
At first, I saw this platform as an exchange platform, but looking closer at it, I discovered that it isn't. This is because it is a platform that allows just Staking and Farming and also rewards those that does it using their local token, OFT.
The OFT token is an Ethereum based token, an ERC-20 token, precisely. This token happens to be one built for the running of the Orient platform and is known to have a total support of 25,000 tokens, a quite nice number sincerely. Due to the fact that it is an Ethereum based token, storing these tokens is possible in any Ethereum supporting wallet, MetaMask for example. This would make storing the token as easy as it can be.
The Orient platform happens to have an aim of rewarding crypto investors with that OFT token and makes this possible by the Staking and Farming platforms they have.
* Staking: The Staking of funds on the
Orient platform has been projected to have pools available for USDT, USDC, YFI and the platforms token, OFT. This would give the crypto traders returns. Although their Staking platform is yet to be released, they happen to have started serious work on making it available.
* Farming: This happens to be the next means of earning passive income on their platform. They offer their Farming pools in the above mentioned coins and some others, which in not really sure of. Their Farming pools are currently available to any interested crypto enthusiasts.
Pros
- The platform has its own token, OFT which is built on the Ethereum blockchain
- The token has a quite nice total supply
- The token also started at a good price of 1 dollar
- The platform rewards traders passively
- Their rewards are quite high compared to other pools
Cons
- The project publicly announced the fact that it won't be available for ever, or for a long time as they have projected to stop operations in 4 years time
