ORBS is now live on SpiritSwap!

Eran Peled
Eran Peled

|

2 months ago

blog

We are excited to announce that the ORBS token is now available on SpiritSwap, one of the biggest DEX-AMMs on Fantom with almost $200M in TVL!

In a recent blog post we announced that the ORBS token is now available on Fantom using the Multichain cross-chain bridge between Ethereum, BSC, Avalanche and Fantom. Since then, Orbs has been added to SpookySwap, the biggest DEX-AMM on Fantom, and the Orbs token address can be found on FTMScan, the official Fantom block explorer.

SpiritSwap is the second major integration on Fantom and an important step to solidifying Orbs presence on this new chain!

spiritswap

In the Spirit of DeFi

SpiritSwap is an exciting & innovative DeFi AMM on Fantom. Apart from the standard features of swaps, adding liquidity and farming, Spirit also introduced their own version of vote-locked token called inSPIRIT.

There are currently 2 active ORBS pools on Spirit: ORBS-USDC and ORBS-FTM, with ~$25k in liquidity each. This means that users can now add liquidity and swap ORBS tokens on SpiritSwap.

ORBSswap

As always, before embarking onto a new chain, there are several things you need to remember:

  1. Set up a Fantom compatible wallet: If you’re using the Metamask wallet, here is a quick guide on how to configure Metamask for Fantom.
  2. Choose a cross-chain bridge: We recommend using the Multichain bridge as described in our recent blog post on the subject.
  3. Fund your wallet with FTM tokens: You can now bridge ORBS tokens into your Fantom wallet. In addition, make sure to send some FTM tokens - FTM is the native token on the Fantom network used to pay transaction fees.

You are now ready to use SpiritSwap on Fantom!

Another Major Integration on Fantom!

Orbs’ expansion into the Fantom ecosystem is off to a great start with these integrations to Spooky and Spirit, two of the largest DEX-AMMs on Fantom.

With this latest integration, Orbs is now available on 7 major infrastructure chains: Ethereum, BSC, Polygon, Solana, Avalanche, Harmony and Fantom. In addition, Orbs can be found on well over 30 of the major DeFi platforms and protocols on each of these chains (such as UniSwap, SushiSwap, PancakeSwap, Kyber Network, 1inch, Alpaca Finance, Beefy Finance, QuickSwap, DinoSwap, Raydium, Trader Joe, Pangolin, SpookySwap, with more to come in the near future...).

Fantom is one of the fastest growing DeFi ecosystems, offering a lot of untapped potential.

Orbs is just getting started on Fantom, expect more news to come soon…

About Orbs:

Orbs is a public blockchain infrastructure operating as an independent execution layer enhancing the capabilities of EVM based smart contracts. The Orbs protocol is decentralized and executed by a public network of permissionless validators using Proof-of-Stake (PoS) consensus.

Orbs unique features designed for interoperability with EVM-compatible blockchains, together with its decentralized network of nodes, allow it to be set up as a separate execution layer (“L3” ) operating to enhance the capabilities of EVM smart contracts. By working in conjunction with other L1 and L2 solutions as part of a tiered blockchain stack, Orbs opens up a whole new spectrum of possibilities for DeFi, NFT, Metaverse and GameFi.

Orbs was founded in 2017 and launched its mainnet and token in March of 2019. Orbs is being developed by a dedicated team of more than 30 people, with offices in Tel Aviv, London, Singapore, Tokyo and Seoul.

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

Telegram: https://t.me/OrbsNetwork

Twitter: https://twitter.com/orbs_network

Please Note

Use of SpiritSwap, the Multichain bridge, FTMScan, the Fantom mainnet and the other platforms and services described above carries significant risk. Digital assets, decentralized finance products are, by their nature, highly risky, experimental and volatile. Such platforms and services may be subject to security and economic risks and exploits and transactions may be irreversible, final and without refunds. Such use carries risk of substantial losses.

Any use of any platform, application and/or services described above is at your own risk and you are solely responsible for all transaction decisions. You should do your own research and independently review any third party services and platforms and any applicable information terms, conditions or policies applicable to such platforms and services.

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