FAQ

General
General
  • What is Orbs?

    Orbs offers the winning blockchain stack, providing the perfect mix of performance, cost, security and ease of use, while harnessing the power of community, decentralization and distribution.

    Orbs is a public blockchain infrastructure designed for mass usage applications and close integration with EVM-based L1’s such as Ethereum and Binance SmartChain. Unlike private and permissioned blockchain solutions typically used for such applications, the Orbs infrastructure is open and permissionless. The Orbs protocol is decentralized and executed by a public network of permissionless validators using Proof-of-Stake (PoS) consensus. The Orbs protocol relies on the ORBS token used for the settlement of fees related to app execution and provides the system of incentives used to elect validators (who are referred to as “Guardians”) in a secure and decentralized manner.

    Founded in 2017, Orbs is being developed by a dedicated team of more than 30 people out of Tel Aviv, Israel, London, UK, Singapore, Tokyo, Japan and Seoul, South Korea. Orbs was named Gartner’s “Cool Vendor in Blockchain Technology” for 2018. Find out more about Orbs here.

  • What is Layer 3 infrastructure?

    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 L-3 execution layer 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.

    Learn more here.

  • What is the connection between Orbs and Ethereum?

    Orbs is an ERC20 token but has its own mainnet.

    Orbs is designed as a hybrid blockchain, maintaining both an independent blockchain and PoS architecture, as well as utilizing the Ethereum network as an external objective blockchain for the PoS logic. ORBS token, staking, delegation and voting operate over Ethereum contracts. This PoS over Ethereum architecture provides multiple advantages, including a high level of transparency, ease of subscription payments and staking, additional security and ensuring the integrity of elections.

  • What are some of Orbs technological innovations?

    The Orbs project includes a full blockchain stack designed and implemented from scratch by the core team, and is not a fork of any existing solution. The project is active on open source with about 150 repositories publicly available on Github.

    Orbs developed a set of advanced technologies to make its vision possible: Virtual Chains, PoS over Ethereum, Cross-Chain Interoperability, Non-Deterministic Execution, and Web Oracles and Off-Chain Interoperability.

    Read more here.

  • What is the ORBS tokens distribution?

    This document explains the use of the ORBS token, the total supply, and distribution pools.

  • Which exchanges support Orbs?

    Orbs is listed on tier 1 exchanges such as KuCoin, FTX, and more.

    In addition, Orbs is integrated into many of the top DeFi DEX-AMMs across many of the leading DeFi chains. These include among others: Uniswap, SushiSwap, QuickSwap, PancakeSwap, Trader Joe, SpookySwap and many more.

    You can view the entire list in the Orbs ecosystem map.

Orbs POS Universe
Orbs POS Universe
  • What is Orbs PoS V3: Multi-chain staking?

    Orbs PoS V3: Multi-chain staking, utilizes Orbs hybrid architecture and cross-chain properties to deploy a novel multi-chain PoS staking on Ethereum and Polygon.

    Adding Orbs PoS staking on Polygon means that the Orbs network utilizes the Ethereum stack to its fullest potential: The security of Ethereum as the base layer, and the scalability & low fees of Polygon as L2.

    In this way, Orbs PoS V3 addresses one of the key feedbacks from the community and is expected to completely mitigate the current high Ethereum gas costs for Orbs delegators interacting with the Orbs staking contracts.

  • Is there a difference in staking between Ethereum and Polygon?

    There are no differences in the Orbs staking mechanism between Ethereum and Polygon. Orbs Delegators have the ability to choose between staking on Ethereum and staking on Polygon, based on their own personal preferences and considerations.

    However, each network has its own characteristics that can appeal for different Delegators:

    Ethereum is the native chain for the ORBS ERC20 token. As such, ORBS tokens on Ethereum are compatible with any other Ethereum wallet or protocols or services using ERC20 standard.

    Polygon, being a scalable L2 solution on top of Ethereum, offers significantly lower gas fees when interacting with the Orbs staking contracts. This enables certain special features such as staking rewards auto-compounding which is only available for Polygon staking.

    Note that each network requires its own token for transaction fees: ETH for Ethereum and MATIC for Polygon.

  • What are the staking rewards?

    Orbs PoS V3 adjusts the staking rewards to a fixed 10% APR of the Delegators staked ORBS tokens.

    depends on each guardian's setting, it splits for guardian and delegator. Currently, all guardians are choosing the default setting (⅓ for guardian, ⅔ for Delegator)so the final reward rate for delegators is 6.67% and 10% for guardians.

  • Is there a locking period when unstaking?

    Yes, Orbs PoS has a locking period of 14 days to assure that participants in the PoS ecosystem are committed to the network and maintain its security. Delegators are not expected to unstake their tokens until they decide to leave the PoS ecosystem and transfer them to another use or an exchange. If a delegator does decide to leave, only then there will be a 14 days cooldown during which the tokens are not staked anymore and do not receive rewards. This is similar to other leading PoS systems such as Cosmos or PolkaDot.

    Here is a comprehensive paper on the Orbs PoS locking mechanism

  • Is there a minimum amount to stake?

    No. However, it is recommended that Delegators take into account several variables such as transaction gas fee costs (particularly if choosing to stake on Ethereum), and bridging fees (if wanting to bridge ORBS tokens to stake on Polygon).

  • How do I choose an Orbs Guardian?

    In order to participate in the Orbs universe, token holders are required to stake their tokens and select a Guardian to delegate their voting power to. Orbs Guardians represent the Orbs community; they maintain the security of the network and uphold its long term vision. Therefore, it is important for Orbs Delegators to choose a trustworthy and active Guardian.

    Delegators should note that Guardians are entitled to change the rewards ratio to their Delegators within the allowed range of 66.667% to 0%. Therefore, it is important to note that staking rewards may vary between Guardians, so choose your Guardian carefully!

    The full Guardians list for staking on Ethereum and Polygon can be seen in the Tetra staking wallet.

    You can learn more on how to choose an Orbs Guardian here

  • How can I become a Guardian?

    Orbs Guardians represent the Orbs community; they maintain the security of the network and uphold its long term vision. As the most significant stakeholders in the network, they are most suitable to provide enterprise business applications the required security and availability.

    Guardians are expected to build a community of Delegators that trust them to truthfully represent their and the network’s interests.

    For instructions use this link

Tetra Staking Wallet
Tetra Staking Wallet
  • What is the Tetra staking wallet?

    In order to participate in the Orbs universe, token holders are required to stake their tokens and select a Guardian to delegate their voting power to. In order to simplify the interaction with the staking contract, the Orbs team developed the Tetra wallet, with a simple and convenient interface. The Tetra staking wallet allows you to stake your tokens and select a Guardian to delegate to.

    For the release of Orbs V3 Tetra has been updated to enable staking on Polygon with a simple and intuitive UI to switch between the Ethereum and Polygon networks.

  • Can I use Tetra from my favorite wallet?

    Yes! Tetra has now also been made available on desktop and mobile (android and iOS) through a variety of other platforms, enabling the community to stake with even greater ease, including:

    Note that all of the above are Ethereum-compatible wallets and therefore enable the use of Tetra for staking on Ethereum. For Polygon staking - be sure that the wallet supports the Polygon network.

  • Does the “ORBS PoS Wallet” support Polygon staking?

    Does the “ORBS PoS Wallet support Polygon staking?

    Yes! The Orbs PoS wallet app supports ORBS staking on both Ethereum and Polygon, as well as Ethereum <-> Polygon bridging for easy transfer of ORBS tokens between the two networks.

    The Orbs PoS wallet is an android native staking app which is connected to the Samsung blockchain keystore and can also be used with a Ledger hardware wallet.

    Find out more info here

  • How do I use the Tetra wallet?

    You can find a comprehensive tutorial here

    Don’t hesitate to contact us on the Orbs official telegram channel if you require further support.

  • Does TETRA wallet charge any fees?

    The TETRA staking wallet does not charge any fees. However, the staking process involves using smart contracts on the Ethereum network subject to gas fees. In addition, the rewards distributed by Guardians may vary, so be sure to choose your Guardian carefully.

Technology
Technology
DeFi
DeFi
  • Can I bridge ORBS to additional chains?

    Yes! Orbs is integrated into the leading L1+L2 chains, making it available on 7 major infrastructure chains: Ethereum, BSC, Polygon, Solana, Avalanche, Harmony and Fantom. In addition, Orbs is available on over 30 of the major DeFi platforms and protocols on each of the above chains (such as UniSwap, SushiSwap, PancakeSwap, Kyber Network, 1inch, Alpaca Finance, Beefy Finance, QuickSwap, DinoSwap, Raydium, Trader Joe, Pangolin, with more to come in the near future...).

  • What is the connection between Orbs and the DeFi.org accelerator?

    On January 11, Orbs and Binance exchange announced that they are teaming up to promote innovation in the decentralized finance (DeFi) space by serving as the first core sponsors of the DeFi.org accelerator, which bootstraps new projects and DeFi protocols.

    The DeFi.org Accelerator is dedicated to supporting research, development of open-source software, and community engagement. The accelerator looks for projects that are built on the principles of fair distribution, community ownership, innovation, responsible approach to risk, sustainable economics and composability with the broader ecosystem

  • Where can I find more info on Orbs and DeFi?

    The Orbs DeFi Portal is a project by one of the Orbs project prominent contributors: Paradigm Fund. The portal aggregates everything you need to know about Orbs and DeFi in one place - real-time market data for Orbs liquidity pools, Education materials and how-to manuals for swapping and adding liquidity, research papers, and more...

  • How can I get involved in Orbs DeFi projects?

    As a decentralized project, Orbs understands the power in community contributions and is always looking for ways to further expand the number of contributors developing the network and ecosystem.

    In August 2020, the Orbs team announced the Orbs Ecosystem Grant Program (OEGP), which is intended to involve even more developers and teams in the development of the Orbs ecosystem. Any team or individual can submit a proposal to receive a grant for DeFi projects that may integrate with Orbs ecosystem. Such projects include among others: Liquidity pools, collateral-backed loans, oracles, and more. Once submitted, the Orbs team will evaluate the proposal and approved applications will have the means to carry out their project in collaboration with the Orbs team.

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