Orbit Chain
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Orbit Chain

Welcoming New Orbit Bridge Validator: Everstake

The Orbit Chain team is happy to welcome Everstake as a Validator partner for Orbit Bridge. Orbit Bridge has seen explosive growth after launching, especially with the rise of KLAYswap, a Klaytn-based AMM liquidity protocol that uses Orbit Bridge to get K-Bridge assets (e.g. kETH/ kORC/ kWBTC/ kDAI). K-Bridge assets are assets dependent on heterogenous chains that are brought to the Klaytn network and are used as Klaytn Compatible Tokens (KCT).

The addition of Everstake, a global team that has been renown and trusted as a validator will formulate a stronger, more secure staking and validation system for Orbit Bridge and we are excited to continuously work to improve Orbit Bridge with them now by our side.

Everstake is a global, trusted staking platform and validator that specializes in PoS cryptocurrencies. They run highly secure and reliable nodes for PoS protocols using enterprise-level hardware to ensure maximum efficiency and security. Everstake currently has more than $800M USD worth of digital assets staked and works with over 20 global cryptocurrency projects including Cosmos, Tezos, Polkadot, Dash, IOST, ICON, Terra, Ark, Nebulas, Aion, Cardano, Band Protocol, Switcheo, and NEAR Protocol. The Everstake team is composed of experienced developers, financial experts, and blockchain and was founded by Attic Lab, an EOS block producer in Ukraine.

“As a staking provider, we are ready to make every effort to develop the Orbit Bridge as a validator. This is another great opportunity for stakeholders to manage their assets. We are confident that the project’s further development will bring a lot of benefits not only to the project participants but also to the whole community. Thanks, OZYS, for such a great opportunity. Cheers!”- Bohdan Opryshko, COO of Everstake

Orbit Chain and its new validator partner, Everstake, are strategically planning to further evolve and expand together in business and technical areas with a global emphasis. Everstake will be a key partner in bringing Orbit Bridge to the blockchain world’s forefront, in Europe and beyond, with secure geographical decentralization and reliability of transactions. With its increased stability, the Orbit Chain ecosystem will grow to provide its services to a greater number of users around the world.

[About ozys]

ozys, the leading blockchain technology company in South Korea, works closely with public chain foundations to create widely-used, cutting edge blockchain-based services. Some key projects include: Allbit (decentralized exchange), EveryDAI (bridge for DAI), Klaystation (Klaytn staking tool), KLAYswap (Klaytn AMM Dex), and Orbit Bridge, an open IBC platform. ozys’ own blockchain, Orbit Chain, is a PoS consensus chain that integrates various blockchains and services to seamlessly connect the fragmented token economy. Orbit Chain currently supports 8+ public chains including Bitcoin, Ethereum, Ripple, Tron, Klay, and Terra. ozys is committed to researching the interoperability of heterogeneous chains and further developing the DeFi ecosystem with better products and services. In doing so, ozys will create a more widespread audience and a stable blockchain ecosystem by allowing more DApp growth on various mainnets.

[Official sites & communities]

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Orbit-chain is a multi-asset blockchain that stores, transfers, and verifies information and assets which exist on various public blockchains through decentralized Inter Blockchain Communication (IBC). Webiste: https://orbitchain.io, Telegram: https://t.me/Orbit_Chain

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