Orbiter Finance’s Cross-Chain Bridge Attracts Over 3 Million Users
Orbiter Finance’s cross-chain bridge has gained the attention of more than 3 million users who want to swap their assets across different Layer-2 rollup networks. The protocol has also received a strategic investment from OKX Ventures, although the exact amount remains undisclosed.
Introducing Orbiter Rollup: A Zero-Knowledge Proof Powered “Meta-Layer”
Orbiter Finance is now planning to introduce its own L2 network called Orbiter Rollup. This zero-knowledge proof powered “meta-layer” aims to prepare for a future of seamless asset and data transfers across all Layer-2 networks. With Orbiter Rollup, the protocol aspires to become the gateway to access other L2 networks within the Ethereum ecosystem.
Competition in the ZK-Powered L2 Network Space
Orbiter Rollup will face competition from other ZK-powered L2 networks like Manta, zkSync, and Polygon zkEVM. However, Orbiter Finance believes that users will only need one EVM-compatible account to explore the entire Layer 2 landscape effortlessly.
No Token Announcement Yet
The team behind Orbiter Finance has not yet announced any plans for a token. Currently, their primary focus is on product development and improving the user experience.
Hot Take: Orbiter Finance Paves the Way for an Omni-Connection Future
Orbiter Finance’s cross-chain bridge and upcoming introduction of Orbiter Rollup demonstrate their commitment to creating a seamless and interconnected future for Layer-2 networks. By enabling asset and data transfers across various L2s, they aim to simplify and enhance user experiences within the Ethereum ecosystem.
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