What is OBT (Orbiter Finance): The Future of Cross-Chain Bridges

Beginner1/24/2025, 9:46:48 AM
Orbiter Finance provides an efficient, secure, and low-cost solution for asset transfers between Ethereum L2 networks through its innovative cross-rollup bridging technology. It not only solves the interoperability issues between multiple chains but also enhances user participation and platform governance through the OBT token. With continuous technological upgrades and ecosystem expansion, Orbiter Finance is expected to become an important infrastructure in the Ethereum ecosystem.

1. Introduction to OBT (Orbiter Finance)

1.1 What is Orbiter Finance?

In the world of blockchain, the multi-chain ecosystem has become a trend. The booming development of Ethereum Layer 2 (L2) networks, sidechains, and other blockchain networks has brought users more choices and higher efficiency. However, the issue of asset transfer between different chains is gradually becoming prominent. Traditional cross-chain bridge methods are not only slow, but also costly, greatly limiting the widespread application of blockchain technology. The emergence of Orbiter Finance (OBT) is precisely to solve this pain point. Through innovative cross-Rollup bridge technology, it provides users with a low-cost, fast, and secure asset transfer solution.

Orbiter Finance is a decentralized cross-rollup bridging platform that focuses on asset transfers between Ethereum Layer 2 networks. By optimizing interactions between Rollups, it significantly reduces transaction costs and time, while enhancing security. Orbiter Finance aims to be the infrastructure layer in the Ethereum ecosystem, enabling seamless interaction between L2 networks.

1.2 The core function of Orbiter Finance

  • Cross-chain asset transfer

Orbiter Finance allows users to transfer assets between Ethereum mainnet, StarkNet, zkSync, Arbitrum, Optimism, Polygon, Immutable X, BNB Chain, and other networks. It supports the transfer of various tokens such as ETH, USDC, USDT, and more.

  • Low cost and high efficiency

Through its unique Maker model, Orbiter Finance enables users to enjoy a low-cost and fast trading experience. Compared to traditional cross-chain bridges, Orbiter Finance has lower trading fees and faster transaction speeds.

  • Decentralized design

Orbiter Finance adopts a decentralized architecture and does not rely on centralized liquidity pools. It ensures the security of transactions through smart contracts and margin mechanisms. If Maker exhibits malicious behavior, users can obtain excess compensation through an arbitration mechanism.

1.3 Vision of Orbiter Finance

Orbiter Finance is not only a cross-chain bridges tool, but also plans to develop into a multi-Rollup infrastructure for Ethereum. In the future, Orbiter Finance will launch Orbiter Rollup, an instant full-chain Rollup based on zero-knowledge proof (ZK) technology, bringing unlimited scalability and unified liquidity to the Ethereum mainnet.

Second, the technical architecture of OBT (Orbiter Finance)

2.1 Cross-Rollup Bridge Technology

The core of Orbiter Finance is the cross-Rollup bridging technology, which enables asset transfers between different L2 networks through the following mechanisms:

  • Roles and Processes

Sender: the user who initiates the cross-chain transaction.

Market Maker: A node that provides liquidity and completes transactions. The Maker deploys clients in multiple networks to automate the handling of transactions.

Transaction process: Sender sends assets to Maker’s EOA address instead of contract address. Maker completes asset transfer in target network.

  • Security mechanism

Orbiter Finance adopts the optimistic principle, assuming that all transactions are valid and equipped with arbitration mechanisms. If a transaction fails, users can obtain excess compensation through the arbitration mechanism.


2.2 Zero-Knowledge Proof Technology (ZK)

Orbiter Finance plans to introduce Zero-Knowledge Proof (ZK) technology to further reduce gas fees and improve transaction speed. ZK technology will allow Orbiter Finance to achieve higher efficiency while maintaining security and decentralization.

2.3 Decentralization and Security

Orbiter Finance’s decentralized design reduces the risk of single point of failure. Its transaction process is secured through smart contracts and margin mechanisms to ensure the safety of user assets.

III. User Experience of OBT (Orbiter Finance)

3.1 Using Orbiter Finance for cross-chain transactions

  • Connect Wallet

Users connect to the Orbiter Finance platform through supported wallets (such as MetaMask).

  • Select Network and Assets

Users select the source network, target network, and assets to be transferred.

  • Initiate transaction

After the user confirms the transaction information, Orbiter Finance completes the cross-chain transfer through smart contracts.

3.2 Data Dashboard

Orbiter Finance provides a comprehensive data dashboard where users can track the performance of L2 networks and popular DApps in real time.

3.3 User Feedback and Evaluation

Orbiter Finance has been widely praised by users for its low fees, fast transactions, and ease of use. User feedback shows that Orbiter Finance is one of the most efficient cross-chain bridges in the market.

4. OBT (Orbiter Finance) Token Economics

4.1 The use of OBT tokens

OBT is the governance and utility token of Orbiter Finance, used in the following scenarios:

  1. Governance Voting: OBT holders can participate in the platform’s governance decision-making.
  2. Incentive Program: Users can earn OBT rewards by participating in platform activities.
  3. Staking and Fee Payment: In the future, OBT will be used for staking and transaction fee payment.

4.2 Token Distribution and Economic Model

The total supply of OBT is 10 billion. The token distribution is as follows:

  1. Community allocation: 40%, of which 22% is used for initial airdrops, with a monthly airdrop of 3% to eligible users for 6 months.
  2. Ecosystem and growth: 20%, with 2.5% unlocked during TGE.
  3. Orbiter Foundation: 15%, with 3.5% unlocked during TGE.
  4. Team and contributors: 15%.
  5. Investors: 10%.

4.3 OBT Token Market Performance (2025-1-23)

  1. Market Cap: $41,362,124
  2. Fully Diluted Market Cap: $147,721,870
  3. Circulation: 2,800,000,000
  4. Total supply: 10,000,000,000
  5. Contract Address: 0x1cd9a56c8c2ea913c70319a44da75e99255aa46f
  6. The token market performance is as follows:

Currently, the OBT (Orbiter Finance) token has been listed on the Gate.io spot trading area.Click on the OBT/USDT trading pair to trade immediately..

5. Market Performance and Future Prospects of OBT (Orbiter Finance)

5.1 Market Performance of Orbiter Finance

  1. Trading volume and user growth: Since its launch, Orbiter Finance has seen continuous growth in trading volume and the number of users. As of 2024, Orbiter Finance has processed over 25 million transactions, totaling over 20 billion US dollars, with a cumulative user base of over 4 million.
  2. Supported Networks and Assets: Orbiter Finance supports over 13 L2 networks, including StarkNet, zkSync, Polygon, Arbitrum, etc. It supports the transfer of ETH and various ERC-20 tokens.
  3. Market Competitiveness: Orbiter Finance occupies an important position in the cross-chain bridges market, with its low cost, high efficiency, and decentralized design standing out in the competition.

5.2 Outlook for Orbiter Finance’s Future

  1. Technical Upgrade: Orbiter Finance plans to introduce a decentralized front-end ‘Dealer’ and further reduce Gas fees through ZK recursive proof technology.
  2. Ecosystem Expansion: Orbiter Finance will continue to expand its supported networks and asset types, promoting further development of multi-chain ecology.
  3. Potential Challenges: Despite its significant technological advantages, Orbiter Finance still faces market competition and regulatory uncertainty. In the future, Orbiter Finance needs to continue optimizing its technology, expanding network support, and strengthening community governance.

Conclusion

Through its innovative cross-Rollup bridge technology, Orbiter Finance provides an efficient, secure, and low-cost solution for asset transfers between Ethereum L2 networks. It not only solves the interoperability issues between multiple chains but also enhances user participation and platform governance through the OBT token. With continuous technological upgrades and ecosystem expansion, Orbiter Finance is poised to become a crucial infrastructure in the Ethereum ecosystem.

Author: Allen
Reviewer(s): Mark
* The information is not intended to be and does not constitute financial advice or any other recommendation of any sort offered or endorsed by Gate.io.
* This article may not be reproduced, transmitted or copied without referencing Gate.io. Contravention is an infringement of Copyright Act and may be subject to legal action.

What is OBT (Orbiter Finance): The Future of Cross-Chain Bridges

Beginner1/24/2025, 9:46:48 AM
Orbiter Finance provides an efficient, secure, and low-cost solution for asset transfers between Ethereum L2 networks through its innovative cross-rollup bridging technology. It not only solves the interoperability issues between multiple chains but also enhances user participation and platform governance through the OBT token. With continuous technological upgrades and ecosystem expansion, Orbiter Finance is expected to become an important infrastructure in the Ethereum ecosystem.

1. Introduction to OBT (Orbiter Finance)

1.1 What is Orbiter Finance?

In the world of blockchain, the multi-chain ecosystem has become a trend. The booming development of Ethereum Layer 2 (L2) networks, sidechains, and other blockchain networks has brought users more choices and higher efficiency. However, the issue of asset transfer between different chains is gradually becoming prominent. Traditional cross-chain bridge methods are not only slow, but also costly, greatly limiting the widespread application of blockchain technology. The emergence of Orbiter Finance (OBT) is precisely to solve this pain point. Through innovative cross-Rollup bridge technology, it provides users with a low-cost, fast, and secure asset transfer solution.

Orbiter Finance is a decentralized cross-rollup bridging platform that focuses on asset transfers between Ethereum Layer 2 networks. By optimizing interactions between Rollups, it significantly reduces transaction costs and time, while enhancing security. Orbiter Finance aims to be the infrastructure layer in the Ethereum ecosystem, enabling seamless interaction between L2 networks.

1.2 The core function of Orbiter Finance

  • Cross-chain asset transfer

Orbiter Finance allows users to transfer assets between Ethereum mainnet, StarkNet, zkSync, Arbitrum, Optimism, Polygon, Immutable X, BNB Chain, and other networks. It supports the transfer of various tokens such as ETH, USDC, USDT, and more.

  • Low cost and high efficiency

Through its unique Maker model, Orbiter Finance enables users to enjoy a low-cost and fast trading experience. Compared to traditional cross-chain bridges, Orbiter Finance has lower trading fees and faster transaction speeds.

  • Decentralized design

Orbiter Finance adopts a decentralized architecture and does not rely on centralized liquidity pools. It ensures the security of transactions through smart contracts and margin mechanisms. If Maker exhibits malicious behavior, users can obtain excess compensation through an arbitration mechanism.

1.3 Vision of Orbiter Finance

Orbiter Finance is not only a cross-chain bridges tool, but also plans to develop into a multi-Rollup infrastructure for Ethereum. In the future, Orbiter Finance will launch Orbiter Rollup, an instant full-chain Rollup based on zero-knowledge proof (ZK) technology, bringing unlimited scalability and unified liquidity to the Ethereum mainnet.

Second, the technical architecture of OBT (Orbiter Finance)

2.1 Cross-Rollup Bridge Technology

The core of Orbiter Finance is the cross-Rollup bridging technology, which enables asset transfers between different L2 networks through the following mechanisms:

  • Roles and Processes

Sender: the user who initiates the cross-chain transaction.

Market Maker: A node that provides liquidity and completes transactions. The Maker deploys clients in multiple networks to automate the handling of transactions.

Transaction process: Sender sends assets to Maker’s EOA address instead of contract address. Maker completes asset transfer in target network.

  • Security mechanism

Orbiter Finance adopts the optimistic principle, assuming that all transactions are valid and equipped with arbitration mechanisms. If a transaction fails, users can obtain excess compensation through the arbitration mechanism.


2.2 Zero-Knowledge Proof Technology (ZK)

Orbiter Finance plans to introduce Zero-Knowledge Proof (ZK) technology to further reduce gas fees and improve transaction speed. ZK technology will allow Orbiter Finance to achieve higher efficiency while maintaining security and decentralization.

2.3 Decentralization and Security

Orbiter Finance’s decentralized design reduces the risk of single point of failure. Its transaction process is secured through smart contracts and margin mechanisms to ensure the safety of user assets.

III. User Experience of OBT (Orbiter Finance)

3.1 Using Orbiter Finance for cross-chain transactions

  • Connect Wallet

Users connect to the Orbiter Finance platform through supported wallets (such as MetaMask).

  • Select Network and Assets

Users select the source network, target network, and assets to be transferred.

  • Initiate transaction

After the user confirms the transaction information, Orbiter Finance completes the cross-chain transfer through smart contracts.

3.2 Data Dashboard

Orbiter Finance provides a comprehensive data dashboard where users can track the performance of L2 networks and popular DApps in real time.

3.3 User Feedback and Evaluation

Orbiter Finance has been widely praised by users for its low fees, fast transactions, and ease of use. User feedback shows that Orbiter Finance is one of the most efficient cross-chain bridges in the market.

4. OBT (Orbiter Finance) Token Economics

4.1 The use of OBT tokens

OBT is the governance and utility token of Orbiter Finance, used in the following scenarios:

  1. Governance Voting: OBT holders can participate in the platform’s governance decision-making.
  2. Incentive Program: Users can earn OBT rewards by participating in platform activities.
  3. Staking and Fee Payment: In the future, OBT will be used for staking and transaction fee payment.

4.2 Token Distribution and Economic Model

The total supply of OBT is 10 billion. The token distribution is as follows:

  1. Community allocation: 40%, of which 22% is used for initial airdrops, with a monthly airdrop of 3% to eligible users for 6 months.
  2. Ecosystem and growth: 20%, with 2.5% unlocked during TGE.
  3. Orbiter Foundation: 15%, with 3.5% unlocked during TGE.
  4. Team and contributors: 15%.
  5. Investors: 10%.

4.3 OBT Token Market Performance (2025-1-23)

  1. Market Cap: $41,362,124
  2. Fully Diluted Market Cap: $147,721,870
  3. Circulation: 2,800,000,000
  4. Total supply: 10,000,000,000
  5. Contract Address: 0x1cd9a56c8c2ea913c70319a44da75e99255aa46f
  6. The token market performance is as follows:

Currently, the OBT (Orbiter Finance) token has been listed on the Gate.io spot trading area.Click on the OBT/USDT trading pair to trade immediately..

5. Market Performance and Future Prospects of OBT (Orbiter Finance)

5.1 Market Performance of Orbiter Finance

  1. Trading volume and user growth: Since its launch, Orbiter Finance has seen continuous growth in trading volume and the number of users. As of 2024, Orbiter Finance has processed over 25 million transactions, totaling over 20 billion US dollars, with a cumulative user base of over 4 million.
  2. Supported Networks and Assets: Orbiter Finance supports over 13 L2 networks, including StarkNet, zkSync, Polygon, Arbitrum, etc. It supports the transfer of ETH and various ERC-20 tokens.
  3. Market Competitiveness: Orbiter Finance occupies an important position in the cross-chain bridges market, with its low cost, high efficiency, and decentralized design standing out in the competition.

5.2 Outlook for Orbiter Finance’s Future

  1. Technical Upgrade: Orbiter Finance plans to introduce a decentralized front-end ‘Dealer’ and further reduce Gas fees through ZK recursive proof technology.
  2. Ecosystem Expansion: Orbiter Finance will continue to expand its supported networks and asset types, promoting further development of multi-chain ecology.
  3. Potential Challenges: Despite its significant technological advantages, Orbiter Finance still faces market competition and regulatory uncertainty. In the future, Orbiter Finance needs to continue optimizing its technology, expanding network support, and strengthening community governance.

Conclusion

Through its innovative cross-Rollup bridge technology, Orbiter Finance provides an efficient, secure, and low-cost solution for asset transfers between Ethereum L2 networks. It not only solves the interoperability issues between multiple chains but also enhances user participation and platform governance through the OBT token. With continuous technological upgrades and ecosystem expansion, Orbiter Finance is poised to become a crucial infrastructure in the Ethereum ecosystem.

Author: Allen
Reviewer(s): Mark
* The information is not intended to be and does not constitute financial advice or any other recommendation of any sort offered or endorsed by Gate.io.
* This article may not be reproduced, transmitted or copied without referencing Gate.io. Contravention is an infringement of Copyright Act and may be subject to legal action.
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