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Upgrades in Orbiter Finance with Orbiter X

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On February 23, it was reported that the Orbiter Bridge function of the Orbiter Finance across the Rollup Bridge of Layer2 will be upgraded to Orbiter X. The n…

Upgrades in Orbiter Finance with Orbiter X

On February 23, it was reported that the Orbiter Bridge function of the Orbiter Finance across the Rollup Bridge of Layer2 will be upgraded to Orbiter X. The new functions include cross-token and cross-address transmission, and optimizing the revenue of Maker with less gas consumption. In addition, Orbiter X retains the security mechanism of Orbiter Bridge based on saferollup technology.

Orbiter Bridge will be upgraded to Orbiter X, and closed test has been started

Interpretation of the news:


Orbiter Finance is set to upgrade its Orbiter Bridge function across the Rollup Bridge of Layer2 to a new version, Orbiter X. This upgrade brings new features that enhance cross-token and cross-address transmission while optimizing Maker’s revenue with less gas consumption.

The Orbiter Bridge has been the backbone of Orbiter Finance, enabling the movement of assets across different chains. Its upgrade to Orbiter X aims to provide better functionality, fast transaction times, and cost-effective transactions. It is an important technological advancement in decentralized finance.

Low gas consumption and optimization of Maker’s revenue are two major practical problems solved by this upgrade. With fewer gas expenses, investors can enjoy lower transaction fees, enabling even small investors to participate actively in Orbiter Finance. Also, the optimization of Maker’s revenue is achieved by intelligently routing transactions through the most cost-effective path. This means that the revenue generated from transactions on the network would increase and Maker holders’ value would see a boost.

The upgraded Orbiter X also boasts of retaining the security mechanism of the Orbiter Bridge. This security mechanism is based on a technology known as saferollup, which ensures the highest level of security where all transactions are processed off-chain with utmost accuracy and then confirmed on-chain.

Another significant feature of Orbiter X is the cross-token and cross-address transmission capability. This feature makes it possible to transmit various tokens and addresses across platforms, which could help increase the interaction between different blockchain networks. This presents opportunities for developers and users alike to create new decentralized applications that were previously not possible.

In conclusion, the upgrade of Orbiter Bridge to Orbiter X is a significant step towards a more robust, cost-effective, and secure decentralized finance platform. The new features of Orbiter X, including the optimization of Maker’s revenue, cross-token and cross-address transmission, and retaining the security mechanism of Orbiter Bridge based on saferollup technology, reflect the innovative improvements being made in the industry to cater to the increasing demand for a decentralized financial system.

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