Top DeFi Projects Join the Orbs Network-Powered Open DeFi Notification Protocol -Breaking
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Participate in the Orbs Network-Powered Open DeFi Notification Protocol- Open DeFi Notification Protocol entered public beta.
- Users receive decentralized, free and anonymous mobile notifications regarding DeFi positions.
- Orbs are the engine of this new technology.
Open DeFi Notification has now entered public beta and is available on iOS and Apple (NASDAQ. You can use the app without any ads or subscription.
This open-source initiative provides users with free, decentralized mobile notifications regarding your DeFi positions or other events. Multi-network support is provided for major blockchains such as, BSC and Polygon.
The launch partners include popular DeFi projects QuickSwap (an AMM on Polygon) and Trader Joe (a one-stop, decentralized trading platform on Avalanche Network Trader Joe), which are both well-known DeFi platforms. Dot.Finance and KogeFarm, along with Revault Network, WOWswap and Dinoswap are some other DeFi projects that have taken advantage of the technology to raise awareness about their products.
Orbs is the technology behind the project. Orbs and DeFi.org (a Decentralized Finance Accelerator) was created by Binance, the world’s largest cryptocurrency exchange, together with Orbs. DeFi.org promotes open-source software development, and seeks projects that can help to drive the DeFi community forward. Orbs, the infrastructure provider of the Open DeFi Notification Protocol, is ushering the future in decentralized finance.
Orbs is a public blockchain infrastructure designed for close integration with EVM-based L1 and L2’s and mass usage applications. The Orbs’ blockchain stack is simple to use and provides high-performance, low-cost, robust security. Orbs protocol uses the Proof-of-Stake(PoS), consensus to create a distributed blockchain. The ORBS token powers it. Orbs is a decentralized blockchain that was created by more than 30 individuals from around the globe. It has been active since March 2019
One of the unique characteristics that it has is designed to interoperable allows it to have the capability to deploy as a Layer -3 solution. It acts as an independent execution layer which enhances EVM smart contracts’ capabilities.
“Orbs is proud to be the first project to implement this new protocol and contribute to the growing success of the initiative under the DeFi.org banner,” said the company in a statement. Orbs hopes to bring Layer 3 innovation forward with the new project.
Open DeFi Notification Protocol allows users to receive free notifications via mobile phones for key on-chain events, such as price changes, near liquidations and contract upgrades. It also provides notification of stop-loss limit, governance votes and other important information.
DeFi users will benefit from being able to read different activities underpinning Layer-1 or Layer-2 networks, which allows them to provide valuable information that can be used in order for them enhance their strategies.
The Protocol has cross-chain property, making it possible to integrate protocols across multiple Blockchains. It also supports various functionalities such as DEX-AMMs and yield aggregators.
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