New DeFi Listing — Orbs
Sept 29th — ORBS token is now listed on blockbank DeFi wallet.
We are thrilled to announce the addition of Orbs (ORBS) to our DeFi wallet on the Ethereum Network. This exciting addition expands the range of supported assets on our Non-custodial wallet, granting users seamless access to their ORBS tokens within the Ethereum ecosystem.
As the DeFi ecosystem continues to advance, blockbank remains at the forefront of innovation. Our DeFi Wallet caters to seven prominent EVM and Non-EVM chains, empowering users to select their preferred blockchain network.
To commemorate the listing of Orbs (ORBS), we have an exclusive promotion for those registering for our CeFi services. Simply use the promo code “ORBS” during your CeFi account registration and KYC process to receive a $25 BBANK bonus after 30 days. To qualify for this bonus, all you need to do is purchase and lock $25 worth of BBANK within our application. Additionally, you’ll have a chance to win $50 in USDT.
What is Orbs?
Orbs is a decentralized infrastructure layer that bridges the gap between existing solutions and the application layer. Orbs operates in a unique position in the blockchain stack, offering a decentralized backend that enhances the capabilities of smart contracts and opens up a new realm of possibilities for Web 3.0, DeFi, NFTs, and GameFi.
Projects have grown increasingly complex, but smart contracts still have inherent limitations. As a result, many projects rely on centralized backend infrastructure, which raises concerns about security, liability, and community trust. Orbs addresses this issue by acting as a decentralized serverless cloud, enabling developers to extend smart contracts with Layer 3 (L3) decentralized backend services. These services are executed by Orbs’ Proof-of-Stake validators, known as Guardians, freeing projects from centralized backend dependencies.
Orbs represents the critical third layer (L3) in the blockchain stack. While Layer 1 (L1) ensures security and Layer 2 (L2) focuses on scalability, L3 is responsible for executing complex logic and scripts that cannot be implemented through smart contracts alone. This layer provides essential services to existing DeFi applications, further decentralizing them and unlocking enhanced capabilities.
Liquidity Hub
Orbs’ Liquidity Hub serves as an advanced infrastructure layer designed to tackle the issue of fragmented liquidity in decentralized exchanges (DEXs) and automated market makers (AMMs). By tapping into external liquidity sources through on-chain auctions and decentralized orders via API, Liquidity Hub enhances price quotes and reduces price impact for users. It operates transparently through on-chain contracts and decentralized L3 nodes, ensuring security and fairness. Liquidity Hub not only benefits DEX users by providing better prices and protection against unfair practices but also enables DEX platforms to increase liquidity and welcomes traditional market makers into the DeFi space. It represents a significant evolution in DeFi liquidity management.
Conclusion
Orbs provides a decentralized infrastructure layer that bridges critical gaps in the technology stack. By empowering smart contracts with Layer 3 (L3) decentralized backend services and introducing groundbreaking solutions like the Liquidity Hub to address liquidity fragmentation in DeFi, Orbs is not only enhancing the capabilities of existing blockchain applications but also pushing the boundaries of what’s possible in Web 3.0, DeFi, NFTs, and GameFi. With its commitment to decentralization, security, and innovation, Orbs plays a vital role in shaping the future of blockchain technology and its applications.
Orbs Official Links:
Website | Twitter | Telegram | Discord | GitHub
At blockbank, we’re reimagining the financial landscape by offering a platform that caters to your diverse financial needs. With a commitment to innovation, convenience, and security, we’re proud to be the only crypto app you’ll ever need. Join us on this exciting journey as we redefine financial possibilities together.
blockbank Official Links:
Website | Web App | Android | iOS | Twitter | Telegram
