What Is Orbiter Exchange?

Orbiter ExchangeOrbiter Finance is a decentralized cross-chain bridge application that specializes in facilitating low-cost and nearly instant asset transfers between different Ethereum Layer 2 networks. It acts as a crucial infrastructure component for the Ethereum Layer 2 ecosystem, enabling seamless movement of assets across various rollups.

How Orbiter Finance Works:

Orbiter Finance operates on a unique market maker model, where users (Senders) initiate transfers and Makers provide liquidity to facilitate the process. Here's a breakdown of the key steps involved:

Connecting Wallets: Users connect their wallets (e.g., MetaMask, TokenPocket) to the Orbiter platform.

Selecting Chains and Assets: Users choose the source and destination Layer 2 networks and the asset they wish to transfer. Currently, Orbiter supports transfers for ETH, USDC, and USDT.

Initiating the Transfer: Users initiate the transfer by specifying the amount and confirming the transaction.

Transfer Process: Orbiter uses its market maker model to find the most efficient route for the transfer, considering factors like fees and liquidity. The transfer is executed through a series of steps, including:

Key Features of Orbiter Finance:

Cross-Rollup Bridge: Orbiter Finance specializes in bridging assets between different Ethereum Layer 2 rollups, such as StarkNet, zkSync, Loopring, Arbitrum, Optimism, Polygon, and others. It does not handle cross-chain transfers between entirely independent blockchains like Bitcoin and Ethereum.

ZK-Rollup Technology: Orbiter leverages zero-knowledge (ZK) rollup technology, specifically zk-SNARKs recursive proof technology, to enhance the security, privacy, and scalability of its operations. This technology allows for efficient and secure verification of transactions on the Ethereum mainnet.

Low Fees and Fast Transactions: Orbiter Finance aims to offer significantly lower fees and faster transaction speeds compared to traditional cross-chain bridges. This is achieved through its unique market maker model and efficient utilization of ZK-rollup technology.

The Role of Makers:

Makers play a crucial role in the Orbiter ecosystem. They act as liquidity providers, ensuring that there are sufficient funds available to facilitate transfers between different Layer 2 networks. Makers can set up Maker Nodes by providing liquidity and setting parameters like transaction limits, withholding fees, and trading fees. They earn a profit based on the trading fees generated from transactions.

Security and Transparency:

Orbiter Finance prioritizes security and transparency. All user transactions are recorded on the Ethereum mainnet, and data availability from Layer 2s can be effectively verified on L1. The platform also utilizes zk-SNARKs recursive proof technology to enhance the security of its operations.

Benefits of Orbiter Finance:

Increased Interoperability: Orbiter promotes seamless interoperability between different Ethereum Layer 2 networks, fostering a more connected and unified ecosystem.

Improved Scalability: ZK-rollup technology enables Orbiter to handle a high volume of transactions, contributing to the scalability of the Ethereum ecosystem.

Enhanced Security: Orbiter's security model, including the MDC, EBC, and SPV mechanisms, provides a robust framework for secure asset transfers.

Cost-Effective Solutions: Orbiter's low fees and fast transaction speeds make it a more affordable and efficient option compared to traditional cross-chain bridges.

Challenges and Future Directions:

Limited Asset Support: Currently, Orbiter supports only a limited number of assets (ETH, USDC, USDT).[2] Expanding support to include a wider range of tokens would enhance its appeal and utility.

Scalability and Performance: As the Ethereum Layer 2 ecosystem grows, Orbiter needs to ensure its scalability and performance to handle increasing transaction volume and network congestion.

Competition: The cross-chain bridge market is becoming increasingly competitive, with numerous other solutions emerging. Orbiter needs to differentiate itself and continue to innovate to maintain its market share.

Conclusion:

Orbiter Finance is a valuable tool for users and developers in the rapidly growing Layer 2 ecosystem. Its unique combination of ZK-rollup technology, low fees, and a robust security model makes it a key infrastructure component, facilitating interoperability and driving further innovation. As the Ethereum ecosystem continues to expand, Orbiter is well-positioned to play a critical role in bridging the gap between different Layer 2 networks.

Why Buy Orbiter Exchange?

There are several reasons why investors may consider buying Orbiter Exchange:

1. Discounted Price:

Investors who purchase $SMOG on Ethereum during the presale period can enjoy a 10% discount, providing an immediate unrealized gain.

2. Airdrop Potential:

Orbiter Exchange has set aside 35% of its total supply for airdrops, generating significant hype and offering the opportunity for token holders to receive additional tokens.

3. Staking Rewards:

Investors who buy $SMOG on Ethereum can stake their tokens and earn a substantial 42% APY, enhancing their returns from holding the meme coin.

4. Future Airdrops and Burns:

The Orbiter Exchange team has hinted at the possibility of future airdrops and token burns, which could further increase the value and scarcity of $SMOG.

5. Staking and Rewds

One of the key features of Orbiter Exchange is the ability for users to stake their TIME tokens and earn rewards. Stakers can earn attractive rewards through the protocol's high Annual Percentage Yield (APY). The rewards are funded by minting new TIME tokens, which are distributed to stakers based on their stake in the protocol. This incentivizes users to hold and stake their TIME tokens, contributing to the stability and growth of the protocol.

6. Minting and Treasury Contributi

In addition to staking, users can also participate in minting TIME tokens. Minting involves selling certain assets, such as TIME-MIM liquidity pooland wrapped AVAX, to the Wonderland protocol. Minters receive newly minted TIME tokens at a discounted price, contributing to the protocol's treasury balance. The growing treasury balance allows Wonderland to increase the backing per TIME token and sustain high reward APYs for stakers.

7. Governance and Participation

Orbiter Exchange holders also have the opportunity to participate in the governance of the protocol. Through their TIME tokens, holders can vote on protocol proposals and have a say in the future direction of the project. This democratic governance model ensures that the community has a voice in decision-making and fosters a sense of ownership among token holders.

8. Future Prospects

Orbiter Exchange has already achieved signifiIn conclusion, Orbiter Exchange (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 Exchange has the potential for further growth and development in the future. cant success, amassing a treasury of $820 million and a TVL of $1.8 billion. The protocol has shown resilience during market corrections and has a growing community of supporters. The founder, Daniele Sesta, has hinted at plans to evolve Wonderland into a gaming project in the future, which could further enhance its prospects.

In conclusion, Orbiter Exchange (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 Exchange has the potential for further growth and development in the future.

Staking on Wonderland:

Staking on Wonderland involves trading for TIME tokens on a separate decentralized finance (DeFi) exchange, such as Trader Joe, and then staking those tokens on the Wonderland Money platform.

When you stake your TIME tokens, the platform automatically rebases them every eight hours, allowing you to earn reward yields at predetermined rates.

The rewards are automatically compounded, meaning you don't need to claim and restake them manually.

Minting on Wonderland:

Minting on Wonderland requires selling certain assets, such as TIME-MIM liquidity pools and wrapped AVAX, to the Wonderland Money protocol.

By minting, you can buy new TIME tokens at a discounted price.

However, the minted tokens have a five-day vesting period, during which you can claim and restake them gradually over the course of five days.

Minting also contributes to the treasury balance of Wonderland, as you are essentially selling your tokens to the protocol rather than through an exchange.

With a growing treasury balance, Wonderland can increase the backing per TIME token and sustain high reward yields for stakers.

Benefits and Future Prospects:

• Orbiter Exchange offers the potential for high annual percentage yields (APYs) for stakers, which has attracted significant attention.
• The protocol has already achieved commendable results, amassing a treasury of $820 million and a total value locked (TVL) of $1.8 billion.
• Wonderland Money has shown resilience during market corrections, indicating its strength and potential for future growth.
• The founder of Wonderland, Daniele Sesta, has hinted at plans to evolve the protocol into a gaming project, which could further enhance its prospects.

In summary, Orbiter Exchange (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 Exchange has gained attention in the decentralized finance space.

Which Wallets Are Compatible With Orbiter Exchange?

Orbiter Exchange'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.

How to claim Orbiter Exchange (UNI) tokens

If you’ve used Orbiter Exchange, you can likely claim 400 UNI tokens per address that you used Orbiter Exchange with. To claim your tokens:

• Go to https://app.Orbiter Exchange.org/.
• Connect the wallet that you previously used Orbiter Exchange with.
• Click on “Claim your UNI tokens”.
• Confirm the transaction in your wallet (you can check the current gas prices at the Ethscan Gas Tracker).
• Congratulations, you’re now a UNI holder!
• Want to trade your UNI tokens? Binance has you covered.

Orbiter Exchange vs. PancakeSwap

Orbiter Exchange 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.

Automated market maker

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 Exchange 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?

NFTs

Orbiter Exchange Network Secured? Orbiter Exchange 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 Exchange involve intermediaries market cap (CAKE)? Orbiter Exchange (CAKE) can be bought and sold on the following NFTs: Binance VCC NFT BKEX KuCoin MXC.COM

Wallet

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 Exchange 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.

Projects

Long-running Project See how Orbiter Exchange ranks in different categories All DeFi DEX Orbiter Exchange 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.

Netwrok Fees

Compared to DEXs in general, these fees are above industry average. Orbiter Exchange access Withdrawal fees To our understanding, Orbiter Exchange 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.