Orbiter Dex is a decentralized cross-chain bridge application that enables users to seamlessly transfer assets between various blockchain networks. As one of the key infrastructure components for Ethereum Layer 2 solutions, Orbiter DEX offers a unique market maker model that provides users with low-cost and near-instant cross-chain transactions.
The core functionality of Orbiter DEX is to facilitate the exchange of digital assets across different blockchain ecosystems. Currently, Orbiter Alpha supports cross-chain transfers between Ethereum, StarkNet, zkSync, Loopring, Arbitrum, Optimism, Polygon, BNB Chain, ZKSpace, Immutable X, dYdX, Metis, and Boba.
The Orbiter DEX operates on a market maker model, which means that it maintains a pool of liquidity for the supported assets. When a user initiates a cross-chain transfer, Orbiter DEX matches the user's request with the available liquidity in the pool, executing the transaction and transferring the assets to the desired blockchain network.
One of the key advantages of Orbiter DEX is its low-cost and fast transaction processing. By leveraging the unique market maker model, Orbiter DEX is able to offer users significantly lower fees compared to traditional cross-chain bridges. Additionally, the transactions are processed almost instantly, providing users with a seamless and efficient cross-chain experience.
The Orbiter DEX supports three primary digital assets: Ethereum (ETH), USD Coin (USDC), and Tether (USDT). Users can initiate cross-chain transfers of these assets between the supported blockchain networks, allowing them to move their funds across different ecosystems as needed.
To use the Orbiter DEX, users can access the platform through various wallet interfaces, such as the TokenPocket wallet. The Orbiter DEX interface provides a user-friendly experience, allowing users to select the source and destination blockchain networks, the asset to be transferred, and the amount. Once the transaction details are confirmed, the user can initiate the cross-chain transfer, which is then processed by the Orbiter DEX.
The Orbiter DEX also offers additional features and functionalities beyond the core cross-chain transfer capabilities. Users can access the "Maker" role, which allows them to contribute liquidity to the Orbiter DEX pool and earn rewards for providing this service. However, the Maker functionality is currently only available on the Orbiter testnet, and users should refer to the official documentation for more details.
Another feature of the Orbiter DEX is the "L2 Data" functionality, which allows users to view detailed transaction summary data, including information about the cross-chain transfers they have initiated. This feature provides users with transparency and insight into the Orbiter DEX's operations and the status of their transactions.
The Orbiter DEX's unique market maker model and its focus on low-cost and fast cross-chain transactions make it a valuable tool for users who need to move their digital assets across different blockchain networks. By providing a decentralized and efficient solution for cross-chain transfers, Orbiter DEX aims to contribute to the broader ecosystem of Ethereum Layer 2 solutions and facilitate the seamless movement of digital assets across the blockchain landscape.
In conclusion, Orbiter Dex (TIME) is a native token that powers the Wonderland protocol, a decentralized reserve currency system on the Avalanche network. It offers stability, attractive rewards for stakers, and opportunities for governance participation. With its growing treasury and strong community support, Orbiter Dex has the potential for further growth and development in the future
In conclusion, the Orbiter DEX is a promising decentralized exchange that offers a unique market maker model to facilitate low-cost and fast cross-chain transactions. By supporting the transfer of digital assets between various blockchain networks, Orbiter DEX aims to provide users with a seamless and efficient way to move their funds across different ecosystems. As the Ethereum Layer 2 ecosystem continues to evolve, the Orbiter DEX is poised to play a significant role in enabling the cross-chain movement of digital assets and contributing to the overall growth and adoption of decentralized finance (DeFi) applications.
In summary, Orbiter Dex (TIME) is the native cryptocurrency of the Wonderland Money protocol. It derives its value from a treasury of liquidity tokens and offers staking and minting opportunities for users. With its unique approach to reserve currency and potential for high yields, Orbiter Dex has gained attention in the decentralized finance space.
Orbiter Dex's UNI token is viable with numerous computerized wallets, including both equipment and programming variants. Famous programming wallets that can hold UNI incorporate Coinbase Wallet, the MetaMask wallet, and Trust Wallet. Equipment wallet choices incorporate Record and Trezor.
If you’ve used Orbiter Dex, you can likely claim 400 UNI tokens per address that you used Orbiter Dex with. To claim your tokens:
Orbiter Dex and PancakeSwap are both decentralized NFTs that facilitate the trading of digital assets. Both use tokens—UNI and CAKE, respectively—to incentivize users to provide liquidity.
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This does not mean that Cakeswap cannot handle KYC checks and verification of accounts. DeX only requires a self-contained browser or hardware and prepaid BNB and CACHE payment.
None Store/Pull out Techniques: Non-custodial for trades, Interminable exchanging uses savvy agreements to store guarantee. The assets can be removed back to wallet whenever. What is Orbiter Dex is a decentralized trade (DEX) on the BSC network that utilizes a computerized market producer market cap system to work with exchanging expense token trades. It was sent off in September 2020 by a lot of unknown developers.
ADVANCED Information No high level information accessible There are no custom measurements for this dapp Get told when we add more Get told Progressed Information Solicitation for more investigation Submit Was this data supportive?
Orbiter Dex Network Secured? Orbiter Dex ecosystem can be securely stored on supported wallets that are connected to the Binance Smart Chain. These include MetaMask, TrustWallet, TokenPocket and WalletConnect. Where Can You Buy Orbiter Dex involve intermediaries market cap (CAKE)? Orbiter Dex (CAKE) can be bought and sold on the following NFTs: Binance VCC NFT BKEX KuCoin MXC.COM
Will you join them? 2.2 million users in the last 30 days 26 million trades made in the last 30 days $3.9 billion staked Total Value Locked anything. No registration, no hassle. any token on BNB Smart Chain in seconds, just by connecting your wallet market cap. Now involve intermediaries Learn Earn passive income with crypto. Orbiter Dex makes it easy to make your crypto work for you. Explore Learn Top Syrup Pools Win millions in prizes Provably fair, on-chain games. Win big with cake.
Long-running Project See how Orbiter Dex ranks in different categories All DeFi DEX Orbiter Dex is in the top 50 % of All Skynet projects. 66 74 82 90 98 Market & Community Score 81 84 87 90 93 Security Score 95 84 2 Current Project market cap Other chains Projects Key Statistics Onboarded 10/13/2020 cake price emission rate current price.
Compared to DEXs in general, these fees are above industry average. Orbiter Dex access Withdrawal fees To our understanding, Orbiter Dex does - like most decentralized NFTs - not charge any transfer fees or withdrawal fees other than the network fees. The network fees are fees paid to the miners of the relevant crypto/blockchain, and not fees paid to the NFT itself. Network fees vary from day to day depending on the network pressure.