Animoca Brands Japan, a subsidiary of the global Web 3.0 giant, Animoca Brands, has become the latest “guardian” of Orbs’ layer three network.
This means they’ll be running a validator node on Orbs, helping to keep the network secure and stable.
Why is this a big deal?
Animoca Brands Japan is a major player in the Web 3.0 space, especially in Japan. They work with big names in publishing, brands, education, sports, and gaming, bringing a lot of expertise and connections to the Orbs ecosystem.
What does Orbs do?
Orbs is a decentralized blockchain specifically designed for advanced trading. It acts as a “layer three,” meaning it sits on top of other blockchains to provide extra functionality. Orbs has developed some cool protocols that make trading on DeFi platforms more efficient and secure, including:
- dTWAP and dLIMIT: These protocols offer advanced trading order solutions.
- Liquidity Hub: This brings together liquidity from different decentralized exchanges (DEXs).
- Perpetual Hub: This provides a complete set of tools for decentralized perpetuals platforms.
These protocols make DeFi trading more like centralized finance (CeFi) by providing fast and reliable execution. They’re already used by popular projects like PancakeSwap, Sushiswap, QuickSwap, and SpookySwap.
What does Animoca Brands Japan bring to the table?
By becoming a guardian, Animoca Brands Japan will help power Orbs’ protocols, which are used by traders, market makers, and other players in the DeFi space. They’ll also help raise awareness of Orbs technology in Asia, growing the Orbs ecosystem.
In short, this partnership is a win-win for both companies.
Animoca Brands Japan gets to be part of a cutting-edge blockchain project, while Orbs gains a powerful ally with deep connections in the Japanese market. This could lead to some exciting developments in the world of decentralized finance.
