ORBS Expands to Arbitrum via Satellite Bridge by Axelar!

ORBS Expands to Arbitrum via Satellite Bridge by Axelar!

The beacons are aligned! Something is coming through! Satellite is warping ORBS onto Arbitrum, a major L2 with over 1.7B total value locked!

Bridging from ETH to Arbitrum can be done using the following link.

The official ORBS token contract address can be found here: https://arbiscan.io/address/0xf3C091ed43de9c270593445163a41A876A0bb3dd

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About Arbitrum

Arbitrum is a layer 2 solution built to enhance the capabilities of Ethereum smart contracts. Its primary goals are to augment speed and scalability while also introducing additional privacy features. This platform is meticulously designed to offer developers the convenience of running unmodified Ethereum Virtual Machine (EVM) contracts and transactions on a secondary layer. This approach retains the robust security of Ethereum's primary layer.

The platform addresses prevalent issues in existing Ethereum-based smart contracts, including inefficiencies and high execution costs that have undermined user experiences and inflated transaction expenses.

Arbitrum employs an innovative approach called optimistic rollups. Transactions are executed off-chain, then grouped into substantial batches before being transmitted to the Ethereum mainnet as call data. By doing so, this process effectively alleviates the computational and storage burdens currently imposed on Ethereum's on-chain operations. Notably, each batch of transactions on Arbitrum incurs fixed costs on the Ethereum network, which are distributed across the involved transactions, contributing to a more predictable and manageable cost structure.

Orbs continues to be blockchain agnostic, building on any chain that adheres to core decentralized values. On Arbitrum specifically, Orbs recently integrated the dTWAP & dLIMIT with Chronos. A leading decentralized exchange on the network. This also follows recent DeFi Notifications support for Arbitrum in the form of notifications y2k finance, a popular DeFi Protocol.

About Orbs

Orbs is a decentralized Layer-3 (L3) blockchain designed specifically for advanced on-chain trading. Utilizing a Proof-of-Stake consensus, Orbs acts as a supplementary execution layer, facilitating complex logic and scripts beyond the native functionalities of smart contracts. Orbs-powered protocols, including dLIMIT, dTWAP, Liquidity Hub, and Perpetual Hub, push the boundaries of DeFi by introducing CeFi-level execution to on-chain trading.

With a global team of over forty dedicated contributors based in Tel Aviv, London, New York, Tokyo, Seoul, Lisbon, and Limassol, Orbs continues to innovate at the forefront of blockchain technology.

For more information, visit www.orbs.com or join our community: